EN DE

Nichicon Corporation (NCHNF) Fair Value & Analysis

Technology · US · Market cap $495M

NC Nichicon Corporation logo Nichicon Corporation NCHNF · US
Price$7.37
Fair Value$12.37
Upside+67.8%
Quality58/100
Watch Nichicon Corporation for free, get notified when fair value or trend changes. Watch for free
Mixed Growth
Thin margins · 3.7% net margin
Low debt · generates free cash flow
4.88% dividend yield
Mixed vs. peers (5/11)
Narrow moat 34/100
Evidence: High Range $8.70 – $15.31 Share as image

Fair value as of: Jul 19, 2026

From 23 valuation models · updated 22 days ago

A solid business, screening 68% undervalued on our models.

What matters now

  • The price is below even our cautious bear case ($8.70). The market is more pessimistic than our downside scenario.
  • Solid quality (58/100) at a price below fair value, the discount is the argument here, not the business quality.
Share this valuation: 𝕏 WhatsApp

Price vs Fair Value (18 months)

$7.37 $6.69 Fair Value $12.37 Feb 2025 Jul 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 19, 2026.

How to read this chart

18‑month range $6.69 – $7.37 · fair‑value band $8.70 – $15.31 · the $7.37 price screens below the $12.37 fair value. Dashed = 300-day average. As of Jul 19, 2026.

Full chart & analysis →

Which stocks are undervalued right now? Check free Discover now →

Analysis

Nichicon Corporation (NCHNF) currently trades at $7.37, while our model-based Fair Value estimate is $12.37, implying the stock looks roughly 67.8% undervalued today. The Quality Score stands at 58/100 (solid quality), in the Technology sector. Bull case: trading below our estimate, it may offer upside if the fundamentals hold. Bear case: a low price can be a value trap when quality is weak or the data is thin (evidence: high), always confirm before acting.

Over the trailing twelve months, Nichicon Corporation generated revenue of $170B at a net margin of 3.7%. Revenue grew 5.7% year over year. It earns a return on equity of 5.8%. Net debt stands at $5.4B. Fundamentals as of Jul 19, 2026

Our scenario range runs from $8.70 (bear case) to $15.31 (bull case); at $7.37, the current price sits below that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. The share trades about 19% below its 52-week high and 8% above its 52-week low, currently above its 200-day average. For context, the median of 10 Technology peers we cover trades at -73% fair-value upside, at 68%, NCHNF screens cheaper than that median.

Fair Value models

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small.

Model BearBaseBull Evidence
Highest evidence
Growth DCF $7.66 $9.66 $12.00 80
Rev-Margin DCF $6.21 $8.45 $10.85 74
ROIC Compounder $4.16 $4.60 $4.97 72
All 23 models by family
DCF Models
FCF DCF $7.53 $9.71 $12.38 38
Owner Earnings $4.11 $5.16 $6.43 31
5Y Revenue Exit $6.21 $8.34 $10.89 39
5Y EBITDA Exit $12.82 $19.98 $27.94 41
5Y P/E Exit $9.80 $14.66 $19.45 38
10Y Revenue Exit $6.61 $8.49 $10.70 36
10Y EBITDA Exit $10.48 $15.64 $21.94 37
10Y P/E Exit $8.76 $12.37 $16.34 35
Earnings-Based
Graham-Dodd $3.90 $8.64 $11.02 54
PEG = 1.0 $1.39 $1.98 $2.57 46
EPV $4.16 $4.60 $4.97 59
Multiples
P/E Multiple $12.05 $16.06 $20.08 63
P/S Multiple $7.31 $9.75 $12.19 58
P/B Multiple $7.31 $9.75 $12.19 55
EV/EBIT $10.10 $13.14 $16.19 53
EV/EBITDA $18.96 $24.97 $30.97 54
EV/Revenue $5.58 $7.56 $9.54 43
Asset-Based
NCAV (Graham) $5.55 $7.44 $11.11 50
Growth DCF
Growth DCF $7.66 $9.66 $12.00 80
Rev-Margin DCF $6.21 $8.45 $10.85 74
Economic Profit
Residual Income $8.04 $7.96 $7.12 61
ROIC Compounder $4.16 $4.60 $4.97 72
Growth Earnings
Growth-Adj P/E $8.83 $12.61 $16.39 68

Widest divergence: Growth Earnings ($12.61) versus Earnings-Based ($4.60). Highest evidence: Growth DCF (80).

Key figures & financial health

Revenue (TTM) $170B
Revenue growth (YoY) +5.7%
Net margin 3.7%
Return on equity 5.8%
Free cash flow $7.7B FY2025
P/E ratio 9.8
More key figures
Operating margin 5.1%
EPS (TTM) $0.7500
Dividend yield 4.9%
EPS growth (YoY) -21.1%
Net debt $5.4B FY2024

Figures from reported company fundamentals · as of Jul 19, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 58/100

Of which business quality 58 · Market factors (momentum, volatility) 56

Profitability 36
Margins and returns on capital today
Quality Growth 38
Are margins and returns improving?
Cashflow 47
Earnings quality: real cash, not paper profit
Fin. Strength 72
Balance sheet, leverage, solvency risk
Investment 75
Disciplined investing over empire-building
Low Volatility 93
Calm price path (market factor)
Momentum 44
Price trend over the last 3–12 months (market factor)
52W Momentum 33
Distance to the 52-week high (market factor)
Net Issuance 94
Buybacks instead of dilution

Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.

About the company

Nichicon Corporation, together with its subsidiaries, engages in the development and production of electrical components in Japan, the United States, Asia, Europe, and internationally.

Full company description

Nichicon Corporation, together with its subsidiaries, engages in the development and production of electrical components in Japan, the United States, Asia, Europe, and internationally. It offers chip aluminum electrolytic capacitors; conductive polymer aluminum solid electrolytic capacitors; conductive polymer hybrid aluminum solid electrolytic capacitors; large can aluminum electrolytic capacitors; and miniature aluminum electrolytic capacitors. The company also provides film capacitors for xEV; lithium titanate rechargeable batteries for use in space-constrained IoT applications; energy control system technology; switching power supplies; capacitors for power utilities; special power supplies; function modules; and Posi-R thermistors. Its products are used in automotive, power supply and lighting, information and communications, industrial, DC link capacitors, asset tracking, energy harvesting, internet of things, wireless sensors, RFID, smart pallet, and pick to light applications. The company was formerly known as Nichicon Capacitor Ltd. and changed its name to Nichicon Corporation in October 1987. Nichicon Corporation was incorporated in 1950 and is headquartered in Kyoto, Japan.

Company description, as reported by the company or data provider.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Nichicon Corporation reported revenue of $176B in FY2025 versus $116B in FY2021, a compound +10.9%/yr. Reported net income was $5.9B in FY2025, compounding +36.3%/yr from FY2021.

Growth Quality 63/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Latest Revenue (FY 2025)
$176B
Latest YoY
−3.2%
Avg. growth/yr (3Y)
+7.3%
Revenue +10.9%/yr
FY21 $116B
FY22 $142B
FY23 $185B
FY24 $182B
FY25 $176B
Net income +36.3%/yr
FY21 $1.7B
FY22 $7.9B
FY23 $7.8B
FY24 $8.3B
FY25 $5.9B

Watch NCHNF: get an alert when its fair value changes →

Share or link this analysis
For bloggers & editors: embed code + live data

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). "Nichicon Corporation Fair Value". https://www.fairvalue-calculator.com/stock/NCHNF

Peer Group

Electronic Components · 626 stocks

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.

Quality Score 58 · Above median
Fair Value upside +68% · Top 25%
Return on equity (TTM) 6% · Below median
Return on assets 2% · Below median
Net margin (TTM) 4% · Below median
Operating margin (TTM) 5% · Below median
Revenue growth 6% · Below median
Dividend yield (TTM) 4.9% · Top 25%
Debt / equity 0.14× · Higher than median

Valuation Multiples vs Electronic Components median · lower = cheaper

P/E (TTM) 9.8× · Cheaper than 75% of peers
P/FCF 0.1× · Cheaper than 75% of peers

Snowflake

Five quick dimensions, each 0 to 100: VALUE (fair-value potential), FUTURE (revenue growth), PAST (return on equity), HEALTH (low debt), DIVIDEND (yield). Green = this stock, grey = typical sector peer.

VALUE 100 · sector 0
FUTURE 29 · sector 32
PAST 23 · sector 24
HEALTH 93 · sector 95
DIVIDEND 98 · sector 25

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

None of the checked exposures detected

ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.

Similar stocks

10 more Electronic Components stocks, each showing price versus our Fair Value estimate (as of Jul 19, 2026).

Stock Price Fair Value vs Fair Value
Delta Electronics, Inc 2308 1,880 TWD 515.23 TWD -73%
Hon Hai Precision Industry Co 2317 242.50 TWD 270.47 TWD +12%
Luxshare Precision Industry Co 002475 ¥62.14 ¥38.44 -38%
Samsung Electro-Mechanics Co 009150 1,260,000 KRW 166,421 KRW -87%
Elite Material Co 2383 4,990 TWD 714.36 TWD -86%
Yageo Corporation 2327 699.00 TWD 216.55 TWD -69%
Shengyi Technology Co 600183 ¥132.29 ¥27.45 -79%
Shennan Circuits Co 002916 ¥364.00 ¥93.50 -74%
Victory Giant Technology (HuiZhou) Co 2476 HK$297.00 HK$103.98 -65%
Wus Printed Circuit (Kunshan) Co 002463 ¥127.80 ¥31.95 -75%

Compare Nichicon Corporation with another stock

Price, fair value, quality and upside side by side.

Free, no sign-up

Explore undervalued stocks

More undervalued Technology stocks →

All undervalued stocks TechnologyFinancial ServicesHealthcareConsumer CyclicalConsumer DefensiveCommunication ServicesIndustrialsEnergyBasic MaterialsReal EstateUtilities Deeply Undervalued StocksUndervalued Blue-Chip StocksUndervalued Small-Cap StocksUndervalued Dividend Stocks

Frequently asked questions

Is Nichicon Corporation (NCHNF) overvalued or undervalued?
As of Jul 19, 2026, our model estimates a fair value of $12.37 versus a price of $7.37, about +68% (undervalued).
What is the fair value of NCHNF?
Our model-based fair value for Nichicon Corporation is $12.37 (as of Jul 19, 2026), built from audited fundamentals. The current price is $7.37.
What is the quality score of NCHNF?
Nichicon Corporation has a Quality Score of 58/100. 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 revenue of Nichicon Corporation (NCHNF)?
Nichicon Corporation reported trailing-twelve-month revenue of about $170B (latest available figure, as of Jul 19, 2026).
What is the net profit margin of NCHNF?
The net profit margin of Nichicon Corporation is about 3.7%, meaning it keeps roughly 3.7% of revenue as net income. Based on the latest reported figures.
Does Nichicon Corporation pay a dividend?
Nichicon Corporation currently shows a dividend yield of about 4.88% relative to its recent price (as of Jul 19, 2026).

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data, nothing guessed.

14 days Pro free · no card

Track Nichicon Corporation and try Pro for 14 days

One email gets you 14 days of full Pro (review alerts, the 35,000+ stock screener, the diversification check) plus the monthly Top-25 report of the most undervalued quality stocks. No card, cancel anytime.

Zero risk: nothing is ever charged. After 14 days you decide whether to stay.