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1 Comment
NHK Spring Co., Ltd is currently in a long term uptrend where the price is trading 8.7% above its 200 day moving average.
From a valuation standpoint, the stock is 99.5% cheaper than other stocks from the Consumer Cyclical sector with a price to sales ratio of 0.3.
NHK Spring Co., Ltd's total revenue sank by 3.6% to $163B since the same quarter in the previous year.
Its net income has increased by 54.6% to $8B since the same quarter in the previous year.
Based on the above factors, NHK Spring Co., Ltd gets an overall score of 3/5.
Sector | Consumer Cyclical |
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Industry | Auto Parts |
Exchange | F |
CurrencyCode | EUR |
ISIN | JP3742600004 |
Market Cap | 3B |
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Target Price | None |
Dividend Yield | 2.7% |
Beta | 0.61 |
PE Ratio | 11.1 |
NHK Spring Co., Ltd. manufactures and sells automotive, data communications, and industry and lifestyle products in Japan. It operates in five segments: Automotive Suspension Springs, Automotive Seating, Precision Springs and Components, DDS, and Industrial Machinery and Equipment and Other Operations. The company offers coil and leaf springs, stabilizer bars, accumulators, torsion bars, stabilizer links, and stabilinkers; interior components; wire, valve, disc, injector, and flat springs, motor cores, fasteners, and precision machine components; HDD suspensions; and ceramic products, spring components, security products, lighting fixtures, golf shafts, and metal bats. It also manufactures metal bellow accumulators, medical bellows, flexible joints, FPK disc springs, and ceramic springs; sports and compact SUV seats, seats with air and thin suspension, mini one-box wagon seats, front seat frames, fatigue reduction seats, and seats for car sickness mitigation; door sunshades, tonneau covers, and screws and bolts; chain tensioners, control cables, brake discs, assist balancers, and lock hinges; top covers, disk clamps, and base plates; as well as stage heaters, cooling plates, and shower heads. In addition, the company provides contact probes, test sockets, and inspection characteristics; aluminum, copper, and iron substrate, as well as direct bonded insulator circuit; Trustgram anti-counterfeit labels and PTAS II authenticity determination system; pipe support and clamps products; and mechanical parking systems and parking system with EV charger. Further, it provides tension balancers, turnouts, grid tie turnouts, rail fastening devices, springs for Shikansen trains, and synthetic rail ties; as well as dampers for vessels and marine remote-control boxes. The company was formerly known as Shibaura Spring Manufacturing Co., Ltd. and changed its name to NHK Spring Co., Ltd. in 1939. NHK Spring Co., Ltd. was incorporated in 1936 and is headquartered in Yokohama, Japan.
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