Nippon Electric Glass Co. Ltd (NPEGF) fair value: what the stock is really worth
As of Oct 19, 2026: fair value (intrinsic value) of Nippon Electric Glass Co. Ltd stock $51.75, price $29.20, upside +77.2%, quality 68 out of 100. Rating: strongly undervalued. Calculated from audited financials with 24 of our 26 valuation models and 37 quality factors, updated daily.
69 individual criteria per stock, every one traceableSee the method →
Price vs Fair Value
White line = price, green steps = our fair value per fiscal year. As of Nov 6, 2026.
How to read this chart
60‑month range $12.07 – $52.72 · fair‑value band $36.33 – $67.03 · the $29.20 price screens below the $51.75 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). As of Nov 6, 2026.
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Nippon Electric Glass Co., Ltd., together with its subsidiaries, manufactures and sells specialty glass products and glass glassmaking machinery in Japan and internationally.
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The company offers glass products for LCD/OLED displays and optoelectronics, chemical, and lighting; and ultra-thin glass, glass wafers for supporting semiconductors, glass substrates for probe cards, LTCC products, functional glass powders, cover glass for image sensors, and glass tubes for small electronic components.
It also provides chopped strands for functional plastics reinforcement, wet chopped strands for building materials, roving for plastics reinforcement, chopped-strand mats for automobiles, and alkali-resistant glass fibers for cement reinforcement.
In addition, the company offers glass tubing for pharmaceutical and medical use, radiation shielding glass, super heat-resistant glass-ceramics, fire-rated glass, glass blocks, and glass-ceramic building materials.
Its products are used in televisions, displays, smartphones, automotive displays, electronic components, optical communication, buildings, civil engineering, fire-resistant glass, medical containers, and cooktop surfaces applications, as well as observation and operation windows in CT/angiography rooms.
Further, the company provides solutions to healthcare, aerospace, semiconductor, infrastructure, glass engineering, automotive, information and communication, and housing equipment and building materials. Nippon Electric Glass Co., Ltd. was incorporated in 1944 and is headquartered in Otsu, Japan.
Stock analysis
Nippon Electric Glass Co. Ltd (NPEGF) currently trades at $29.20, while our model-based Fair Value estimate is $51.75, implying the stock looks roughly 44% undervalued today.
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Valuation
Bull case: the Multiples group reads highest at a median of $72.35 per share, and 18 of the 24 models we run sit above the $29.20 price.
Bear case: the Asset-Based group reads lowest at $6.52, and 6 of the 24 models stay below the price. Data coverage for this calculation is high.
Scenario range: $36.33 (bear) to $67.03 (bull), the price of $29.20 sits below it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.
Quality & growth
The Quality Score stands at 68/100 (solid quality), in the Technology sector.
Healthy Growth: Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Nippon Electric Glass Co. Ltd reported revenue of ¥312B in FY2025 versus ¥292B in FY2021, a compound +1.6%/yr. Reported net income was ¥29.6B in FY2025, compounding +1.5%/yr from FY2021.
Key figures
Market cap $2.2B Mid · P/E ratio 13.7 · P/S ratio 1.30 · EPS (TTM) $2.13 · Dividend yield 3.5% · Net margin 9.5% · Return on equity 5.5% · Return on assets (EBIT) 2.5% (5-year average).
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 44 out of 100 (medium confidence).
What moves the price
The share trades about 45% below its 52-week high and at its 52-week low, currently above its 200-day average.
For context, the median of 10 Technology peers we cover trades at −7% fair-value upside, at 77%, NPEGF screens cheaper than that median.
Fair Value models
Bear$36.33Fair Value $51.75Bull$67.03
Price $29.20 · Upside +77.2%
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above starts from their evidence-weighted blend, not from a single model. In cyclical trough or peak years, after dilution or a stock split it is adjusted afterwards, so it can sit above or below the models. Based on fiscal year 2025 figures (about 10 months old). Earnings retained since then ($0.9575 per share) are deliberately not added.Bear ⓘBear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull ⓘBull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. If a model's bull case is above four times its base value, the table shows that limit with a > sign (like the overall Bull above): beyond it no assumption holds.Coverage ⓘCoverage = how well-backed THIS model's estimate is for this stock (0–100): how complete and reliable its input data are, and how well the model fits the company. The final Fair Value is an evidence-weighted blend, so better-evidenced models count more. Green ≥70, amber 50–69, grey below 50.
Growth Quality ⓘGrowth is valuable only when reinvestment earns attractive returns (Aswath Damodaran): sustainable growth depends on return on capital, reinvestment and efficiency. Basis: total company revenue over the periods shown on the cards (3Y/5Y/all years), not per share, so a merger can show up as a growth jump; per-share earnings growth is in the value-creation card.64/100
Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Revenue growth 1 year
+4.2%
Revenue growth 3 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
−1.3%
Revenue growth 5 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+5.1%
Start year 2020 (pandemic). Over 10 years: +2.2% a year
Revenue growth 21 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+0.0%
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What shareholders gained per year (last 5 years), in JPY (mathematically smoothed) ⓘWhat the business itself delivers per year: earnings growth per share plus the dividend yield. This is what you get IF the market keeps valuing the stock the same way: it contains no assumption about the market changing its mind. Computed per share, so buybacks count and a merger does not pass as growth. For a company that pays no dividend it is pure earnings growth per share. Period: earnings growth per share as CAGR over the last 5 reported fiscal years (annual statements), plus the current dividend yield. The start value is the median of the three years around the start, so a single crisis year (a pandemic or a write-down) does not distort the rate. Smoothed = median of all growth paths between the years of the window (trend line on the logarithm of earnings per share): a single extreme year cannot distort the rate. The reported figure stays in the tooltip. Measured in JPY: this currency has depreciated against the euro and dollar over the long run, so part of the nominal rate is currency erosion that never reaches a EUR/USD investor.
+11.1%
Earnings growth per share plus dividend.
Earnings per share, growth per year+7.6%
Dividend (yield on the price)3.5%
Pace: 5 vs 10 years ⓘTwo data points, not a trend model: earnings growth per share over the last 5 fiscal years against the last 10. Labelled "steady" when both rates are within 3 percentage points of each other, otherwise picking up or flattening. Shown only when ten years of history exist.11.3% vs 14.7%, slowing
Profit margin 2020 to 2025 ⓘOperating margin then vs now, from reported annual statements. A falling margin after a boom year is the classic peak-earnings signal: the growth rate then leans on an inflated base.7% → 11%
2025 sits 72% above its own trend. The rate follows the median trend of the last 5 years, not that single year.
Pace: the 5-year rate starts in 2020 (pandemic)
Growth Forecast
Price in line with expectations
The price assumes less growth than the company has delivered so far and about what analysts expect.
What the price assumes ⓘThis turns our valuation around: instead of asking what the share is worth, it asks what growth the current price requires. It uses the cash the company keeps after all spending (free cash flow), the same discount rate as our models, five years of growth, then slowing evenly to 2 % a year by year ten. Compared with the analysts' sales forecasts extended to the same five years (at least three analysts, for context only, it does not enter the Fair Value): within 3 percentage points counts as "in line" (amber), below that little optimism (green), above that a lot of optimism (red).
+0.4%
Yearly growth needed for the next five years to justify today's price.
What forecasts expect ⓘAnalysts publish sales forecasts for the next two fiscal years. For the years after that, growth slows evenly to 2 % a year by year ten (2 % is the long-run rate our models use). Projected years are marked as such.
+1.4%
Yearly sales growth analysts expect, extended to five years.
After inflation (figures in JPY, Japan: IMF forecast 2.1% a year to 2030, 1.3% from 2016 to 2025) that is about −1.7% a year for the price and −0.7% for the forecasts.
Compare Nippon Electric Glass Co. Ltd with another stock
Price, fair value, quality and upside side by side.
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Peer GroupⓘHow this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.Electronic Components · 651 stocks
Beats the industry median on 10/14 measures
Overall it ranks above its industry peers.
Valuation
Quality Score68 · Top 25%
Fair Value upside+77.2% · Top 25%
Profitability
Return on equity (12 months)5.5% · Below median
Return on assets4.2% · Above median
Net margin (12 months)8.3% · Above median
Operating margin (12 months)5.7% · Below median
Growth and dividend
Revenue growth (quarter YoY)3.0% · Below median
Dividend yield (12 months)3.5% · Top 25%
Balance sheet
Debt / equity0.13× · Above median
Valuation Multiplesvs Electronic Components median · lower = cheaper
P/E (12 months)13.7× · Cheapest 25%
P/B0.72× · Cheapest 25%
P/S (12 months)1.12× · Cheaper than median
Price / free cash flow (fiscal year)15.3× · Cheaper than median
For bloggers, editors and developers: paste this into your site or blog (a “Custom HTML” block in WordPress), it shows the current fair value and links back here. Free, plain HTML, and welcome. Full data streams (CSV/JSON) at /developers.
Cite: Fair Value Calculator (2026). "Nippon Electric Glass Co. Ltd Fair Value". https://www.fairvalue-calculator.com/stock/NPEGF
Frequently asked questions
Is Nippon Electric Glass Co. Ltd (NPEGF) overvalued or undervalued?
As of Nov 6, 2026, our model estimates a fair value of $51.75 versus the last price from Oct 19, 2026 of $29.20, about +77% upside (undervalued).
What is the fair value of NPEGF?
Our model-based fair value for Nippon Electric Glass Co. Ltd is $51.75 (as of Nov 6, 2026), built from audited fundamentals. Last price (from Oct 19, 2026): $29.20.
What is the quality score of NPEGF?
Nippon Electric Glass Co. Ltd has a Quality Score of 68/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the price target for Nippon Electric Glass Co. Ltd (NPEGF)?
Our model-based price target is the fair value of $51.75 (as of Nov 6, 2026) from 24 valuation models. Cautious scenario $36.33, optimistic scenario $67.03. It is a calculation from audited fundamentals, not an analyst target.
What is the Nippon Electric Glass Co. Ltd stock forecast for 2026?
Our models put fair value at $51.75, about +77% upside versus the last price from Oct 19, 2026 of $29.20 (undervalued). Cautious scenario $36.33, optimistic scenario $67.03. The calculation is refreshed regularly with new filings.
What is the revenue of Nippon Electric Glass Co. Ltd (NPEGF)?
Nippon Electric Glass Co. Ltd reported trailing-twelve-month revenue of about ¥314B (latest available figure, as of Nov 6, 2026).
Does Nippon Electric Glass Co. Ltd pay a dividend?
Nippon Electric Glass Co. Ltd currently shows a dividend yield of 3.46% relative to its recent price (as of Nov 6, 2026).
How much is the dividend of Nippon Electric Glass Co. Ltd (NPEGF) and when is the ex-dividend date?
Nippon Electric Glass Co. Ltd pays a dividend of $1.01 per share a year, a dividend yield of 3.5%. The next ex-dividend date is Dec 29, 2026. A dividend has been paid every year since at least 2008. The payout ratio is 39.1% of earnings. Free cash flow covers the dividend 1.99 times. Our assessment: Well covered. A low payout and the dividend is fully funded by free cash flow, a comfortable, sustainable dividend.
What growth is priced into Nippon Electric Glass Co. Ltd (NPEGF)?
For today's price to be fair in a discounted-cash-flow model, Nippon Electric Glass Co. Ltd would have to grow free cash flow by +0.4 % per year for five years (discount rate 8.5 %, then slowing evenly to 2 % perpetual growth by year ten). Over the last 5 years revenue grew +5.1 % per year. As of Nov 6, 2026.
What discount rate (WACC) does the fair value of NPEGF use?
Our models discount Nippon Electric Glass Co. Ltd at 8.5 %: a base by market capitalisation (mid), damped by beta 0.43, country premium for USA. The same rate applies in all 26 models.
What is a reverse DCF?
A reverse DCF turns the usual calculation around. Instead of deriving a value from assumptions, it takes today's price as given and asks: what free-cash-flow growth would a company have to deliver for exactly this price to be fair? The result is not a forecast but the expectation already priced in. For Nippon Electric Glass Co. Ltd that is +0.4 % per year for five years, then slowing evenly to 2 % by year ten, using the same discount rate (8.5 %) and the same formula as our fair value.
How much growth has Nippon Electric Glass Co. Ltd (NPEGF) delivered so far?
Over the past 5 years revenue at Nippon Electric Glass Co. Ltd grew +5.1 % a year. The price currently implies free-cash-flow growth of +0.4 % per year. Comparing the two shows how much confidence is in the price: if it demands more than has been delivered, the business has to accelerate for the maths to work.
How fast is the sector of Nippon Electric Glass Co. Ltd (NPEGF) growing?
The median revenue growth in the sector is +11.5 % a year. That is the yardstick for the growth priced into Nippon Electric Glass Co. Ltd (+0.4 % per year): it shows whether the expectation is within the usual range or beyond it.
What is the free cash flow yield of Nippon Electric Glass Co. Ltd (NPEGF)?
The free-cash-flow yield on the price is 6.54 %: that much free cash flow Nippon Electric Glass Co. Ltd produces per unit of market value. When it exceeds the discount rate of our models (8.5 %), the business already earns more than its cost of capital demands, and the price needs little additional growth.
What is the intrinsic value of Nippon Electric Glass Co. Ltd (NPEGF)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Nippon Electric Glass Co. Ltd it is $51.75 per share (as of Nov 6, 2026), against a price of $29.20. It is the blended result of 24 valuation models in 8 families (DCF Models, Earnings-Based, Dividend Discount, Multiples, Asset-Based, Growth DCF, Economic Profit, Growth Earnings).
Is Nippon Electric Glass Co. Ltd stock overvalued or undervalued in 2026?
As of Nov 6, 2026, NPEGF trades below its calculated fair value: price $29.20, fair value $51.75, a gap of about +77% (undervalued). The calculation is refreshed with each new quarterly report, so the verdict can change during the year.
Is fair value the same as the market price of NPEGF?
No. The price is what the market pays today ($29.20); the fair value is what the company's own numbers justify ($51.75). For Nippon Electric Glass Co. Ltd the two are $22.55 per share apart. That gap is exactly why we show both numbers side by side.
How much is Nippon Electric Glass Co. Ltd worth?
The market values Nippon Electric Glass Co. Ltd at about $2.2B (market capitalisation, as of Nov 6, 2026). Per share that is $29.20; our models calculate a fair value of $51.75 per share.
What do the bullish and bearish scenarios say about NPEGF?
Our models span a range for Nippon Electric Glass Co. Ltd: cautious scenario $36.33, base $51.75, optimistic $67.03 per share (as of Nov 6, 2026, price $29.20). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of NPEGF?
Nippon Electric Glass Co. Ltd trades at a price-to-earnings ratio of 13.7 (as of Nov 6, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of $51.75 is built from several models across several years. Other multiples: P/B 0.7, P/S 1.1, EV/EBITDA 5.4.
How solid is the balance sheet of Nippon Electric Glass Co. Ltd (NPEGF)?
Balance-sheet figures for Nippon Electric Glass Co. Ltd (as of Nov 6, 2026): return on equity 5.5%, debt of 0.13 per unit of equity. They feed the Quality Score of 68/100, which measures business quality independently of the share price.
How far is NPEGF from its 52-week high?
Nippon Electric Glass Co. Ltd trades at $29.20, about 45% below its 52-week high of $52.72 and at the low of $29.20 (as of Nov 6, 2026). Distance from the high says nothing about value: that is what the fair value of $51.75 is for.
Which stocks are comparable to Nippon Electric Glass Co. Ltd?
From the same area (Technology) we also value Amphenol Corporation, Hon Hai Precision Industry Co, Corning Incorporated, Delta Electronics, Inc, among others. Each of them has its own fair-value calculation on this site using the same models, so the comparison is like for like.
Is Nippon Electric Glass Co. Ltd stock attractive at the current price?
The data as of Nov 6, 2026: price $29.20, calculated fair value $51.75 (+77%), Quality Score 68/100, from 24 models. Whether that fits your horizon and risk tolerance is your call. We provide the calculation, not investment advice.
How is the fair value of NPEGF calculated?
We run Nippon Electric Glass Co. Ltd through 24 models from 8 families: DCF Models, Earnings-Based, Dividend Discount, Multiples, Asset-Based, Growth DCF, Economic Profit, Growth Earnings. Every model gets the same audited fundamentals; the fair value of $51.75 builds on their evidence-weighted average, with the spread shown as a cautious and an optimistic scenario.
Is it still worth investing in stocks now?
The global stock market currently sits 13.0% above its aggregate fair value. Nippon Electric Glass Co. Ltd currently trades 44% below its own fair value, and the market average says nothing about that. An expensive market is no reason to stay out and no reason to buy everything at once: keep a broad savings plan running, buy single stocks only with money you can do without, and hold part of your money liquid while the market is high. The full picture including sectors is on is it worth investing now.
What is the share price of Nippon Electric Glass Co. Ltd (NPEGF)?
The latest price we hold is from Oct 19, 2026 and stands at $29.20. Our model-based fair value is $51.75, about +77% upside (undervalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Nippon Electric Glass Co. Ltd right now?
The price is below even our cautious bear case ($36.33). The market is more pessimistic than our downside scenario. Solid quality (68/100) at a price below fair value, the discount is the argument here, not the business quality. A fairly wide model range ($36.33 to $67.03) leaves room in how you read the outcome.
Where does the earnings growth of Nippon Electric Glass Co. Ltd (NPEGF) come from?
Earnings per share at Nippon Electric Glass Co. Ltd grew +11.6 % a year from 2014 to 2025. Broken into its drivers: revenue per share +4.4 %, EBIT margin −1.9 %, tax rate +1.5 %, residual (interest, one-offs) +7.3 %. The four rates multiply to the earnings growth rate, they do not add up. Start and end are three-year averages so a single exceptional year does not distort the result.
Key figures of Nippon Electric Glass Co. Ltd
How large is the market capitalisation of Nippon Electric Glass Co. Ltd (NPEGF)?
The market capitalisation of Nippon Electric Glass Co. Ltd is $2.2B. The stock-market value of the whole company: share price times number of shares. It is what the market asks for the entire business today.
What is the P/S ratio of Nippon Electric Glass Co. Ltd (NPEGF)?
The price-to-sales ratio of Nippon Electric Glass Co. Ltd is 1.30 (P/E × margin). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of Nippon Electric Glass Co. Ltd (NPEGF)?
Earnings per share at Nippon Electric Glass Co. Ltd are $2.13 (price ÷ EPS = P/E 13.7). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of Nippon Electric Glass Co. Ltd (NPEGF)?
The dividend yield of Nippon Electric Glass Co. Ltd is 3.5% (payout 47.4%). Yearly dividend relative to the share price. 3% pays 3 per 100 invested. Below: how much of profit is used for it.
What is the net margin of Nippon Electric Glass Co. Ltd (NPEGF)?
The net margin of Nippon Electric Glass Co. Ltd is 9.5% (fiscal year 2025). How much of every unit of revenue ends up as profit. 10% means 10 cents of profit per dollar of sales.
What is the return on equity of Nippon Electric Glass Co. Ltd (NPEGF)?
The return on equity (ROE) of Nippon Electric Glass Co. Ltd is 5.5% (last twelve months). Profit relative to shareholders' equity, how efficiently the company works with its owners' money.
What is the EBIT return on assets of Nippon Electric Glass Co. Ltd (NPEGF)?
On an EBIT basis the return on assets of Nippon Electric Glass Co. Ltd is 2.5% (avg 5y). Operating profit (EBIT) relative to everything the company owns, as a multi-year average. It describes the business model rather than one good or bad year.
What is the operating margin of Nippon Electric Glass Co. Ltd (NPEGF)?
The operating margin of Nippon Electric Glass Co. Ltd is 5.7% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Nippon Electric Glass Co. Ltd (NPEGF)?
Revenue at Nippon Electric Glass Co. Ltd is growing +3.0% versus a year earlier (3y avg −1.3%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How fast are earnings growing at Nippon Electric Glass Co. Ltd (NPEGF)?
Earnings per share at Nippon Electric Glass Co. Ltd are growing +78.4% versus a year earlier. How much earnings per share grew versus a year earlier.
How much net cash does Nippon Electric Glass Co. Ltd (NPEGF) hold?
Nippon Electric Glass Co. Ltd holds more cash than debt, ¥23.3B net (fiscal year 2025). The company holds more cash than debt, a safety cushion.
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Broad data
Nov 6, 2026