Nitto Denko Corporation (NDEKY) Fair Value & Analysis
Basic Materials · US · Market cap $13.3B
Nitto Denko Corporation
NDEKY · US
Fair value as of: Jul 19, 2026
From 24 valuation models · updated 22 days ago
Share price +16.2% over the past month.
A solid business, currently priced close to our fair value.
What matters now
- The price sits close to our fair value, market and models broadly agree here, little valuation tension.
- Our model range runs from $16.25 (bear) to $27.93 (bull), base $22.34. The closer the price sits to the lower half, the larger the margin of safety.
- Quality 68/100 (solid quality) with high evidence: the data supports the verdict.
Price vs Fair Value (5 years)
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
60‑month range $9.39 – $25.71 · fair‑value band $16.25 – $27.93 · the $22.44 price screens above the $22.34 fair value. Dashed = 300-day average. As of Jul 19, 2026.
Analysis
Nitto Denko Corporation (NDEKY) currently trades at $22.44, while our model-based Fair Value estimate is $22.34, implying the stock looks roughly 0.5% fairly valued today. The Quality Score stands at 68/100 (solid quality), in the Basic Materials sector. Bear case: priced above our estimate, the market already discounts strong expectations. Bull case: above-average quality can justify a premium, the entry price still matters most (evidence: high).
Over the trailing twelve months, Nitto Denko Corporation generated revenue of $1.0T at a net margin of 13.0%. Revenue grew 2.7% year over year. It earns a return on equity of 12.2%. The balance sheet holds a net cash position of $361B. Fundamentals as of Jul 19, 2026
Our scenario range runs from $16.25 (bear case) to $27.93 (bull case); at $22.44, the current price sits within 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 14% below its 52-week high and 39% above its 52-week low, currently above its 200-day average. For context, the median of 10 Basic Materials peers we cover trades at -58% fair-value upside, at 0%, NDEKY 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.
All 24 models by family
Widest divergence: Multiples ($22.67) versus Earnings-Based ($6.71). Highest evidence: Growth DCF (80).
Key figures & financial health
More key figures
Figures from reported company fundamentals · as of Jul 19, 2026. TTM = trailing twelve months.
Quality Score breakdown
Of which business quality 67 · Market factors (momentum, volatility) 59
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
Nitto Denko Corporation primarily engages in the adhesive tapes business in Japan, the Americas, Europe, Asia, Oceania, and internationally.
Full company description
Nitto Denko Corporation primarily engages in the adhesive tapes business in Japan, the Americas, Europe, Asia, Oceania, and internationally. It provides double sided tape, surface protective film, sealing materials, masking tape, materials for housing and construction, semiconductor manufacturing process products, tape for electrical and electronic equipment, fluoroplastic sheets and tape NITOFLON, fluoroplastic porous film TEMISH, porous sheet/breathable material, packaging tape, and functional thermal transfer system. The company also offers FPD/touch panel related products, and flexible printed circuit boards. In addition, it provides membrane products; medical products, including transdermal therapeutic systems, athletic tapes, medical adhesive tapes for wearable devices and body sensors, adhesive tapes, and particles for nucleic acid synthesis; and hygiene products, as well as flexible angular displacement sensor products. The company offers its products to automotive and transportation, housing/housing equipment, infrastructure, material, home appliance and electrical, display, electronic device, medical, packaging, and consumer/personal care industries. Nitto Denko Corporation was incorporated in 1918 and is headquartered in Osaka, Japan.
Company description, as reported by the company or data provider.
Revenue & earnings trend
FY2022 – FY2026 · reported fiscal years
Nitto Denko Corporation reported revenue of $1.1T in FY2026 versus $853B in FY2022, a compound +6.3%/yr. Reported net income was $142B in FY2026, compounding +9.9%/yr from FY2022.
Watch NDEKY: get an alert when its fair value changes →
Earlier news
External third-party headlines (Yahoo Finance, Reuters and others), not an editorial selection.
- Assessing Nitto Denko (TSE:6988) Valuation After Recent Share Price Weakness And Mixed Returns
- Electrical and Electronics Materials Market Trends and Investment Potential 2026-2030: 3M Company, DuPont, Nitto Denko Corporation, and Illi
- Nitto Extends Partnership with the ATP Until 2030
- Assessing Nitto Denko After 31% Rally and Softbank Collaboration in 2025
Peer Group
Specialty Chemicals · 676 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.
Valuation Multiples vs Specialty Chemicals median · lower = cheaper
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.
Values & ESG
Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.
ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.
Similar stocks
10 more Specialty Chemicals stocks, each showing price versus our Fair Value estimate (as of Jul 19, 2026).
| Stock | Price | Fair Value | vs Fair Value |
|---|---|---|---|
| Linde plc LIN | $489.98 | $222.03 | -55% |
| Nan Ya Plastics Corporation 1303 | 181.50 TWD | 255.83 TWD | +41% |
| Wanhua Chemical Group 600309 | ¥70.04 | ¥68.03 | -3% |
| Novozymes A/S NSISB | kr 428.20 | kr 179.66 | -58% |
| Asian Paints Limited ASIANPAINT | ₹2,689 | ₹668.81 | -75% |
| Solar Industries India Limited SOLARINDS | ₹18,236 | ₹2,793 | -85% |
| Pidilite Industries Limited PIDILITIND | ₹1,560 | ₹351.84 | -77% |
| PT Chandra Asri Pacific Tbk TPIA | 1,805 IDR | 2,888 IDR | +60% |
| Linde India Limited LINDEINDIA | ₹7,115 | ₹757.93 | -89% |
| Berger Paints India Limited BERGEPAINT | ₹493.70 | ₹164.29 | -67% |
Compare Nitto Denko Corporation with another stock
Price, fair value, quality and upside side by side.
Explore undervalued stocks
More undervalued Basic Materials stocks →
Frequently asked questions
Is Nitto Denko Corporation (NDEKY) overvalued or undervalued?
What is the fair value of NDEKY?
What is the quality score of NDEKY?
What is the revenue of Nitto Denko Corporation (NDEKY)?
What is the net profit margin of NDEKY?
Does Nitto Denko Corporation pay a dividend?
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.
Track Nitto Denko 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.