Nippon Steel Corporation (NISTF) fair value: what the stock is really worth
As of Oct 2, 2026: fair value of Nippon Steel Corporation $0.48, price $4.25, upside -88.7%, quality 40 out of 100. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.
- Fair value above price? No
- Good quality? No
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Nippon Steel Corporation
NISTF · USWeakest SetupStrongly overvalued and low quality.
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Price vs Fair Value
White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Sep 29, 2026.
How to read this chart
60‑month range $3.10 – $20.38 · fair‑value band $0.2700 – $0.6400 · the $4.25 price screens above the $0.4800 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Sep 29, 2026.
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Company profile
Nippon Steel Corporation engages in the steelmaking and steel fabrication, engineering, chemicals and materials, and system solutions businesses in Japan and internationally. The company's Steelmaking and Steel Fabrication segment engages in the manufacture and sale of steel products.
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Nippon Steel Corporation engages in the steelmaking and steel fabrication, engineering, chemicals and materials, and system solutions businesses in Japan and internationally. The company's Steelmaking and Steel Fabrication segment engages in the manufacture and sale of steel products. Its Engineering and Construction segment engages in the design, manufacture, sale, construction, and supervision of various plants and facilities, energy pipelines, water facilities, industrial machinery and equipment, buildings, building materials and equipment, steel structures, etc.; operation, management, and maintenance of plants and facilities, etc.; waste treatment and recycling business; and electricity, gas, heat, and other supply businesses. The company's Chemicals and Materials segment engages in the manufacture and sale of coal-based chemical products, petrochemicals, electronic materials, and materials and components for semiconductors and electronic parts; carbon fiber and composite products; and products that utilize technologies for metal processing. Its System Solutions segment offers computer system engineering and consulting; and IT-enabled outsourcing services and other services. The company also provides steel plates, sheets, and slags; structural steels; pipes and tubes; railway, automotive, and machinery parts; titanium; and stainless steel and electrical steel sheet products for use in various applications, including automotive, construction, energy, railways and shipping, and consumer electronics industries. The company was formerly known as Nippon Steel & Sumitomo Metal Corporation and changed its name to Nippon Steel Corporation in April 2019. The company was incorporated in 1950 and is headquartered in Tokyo, Japan.
Stock analysis
Nippon Steel Corporation (NISTF) currently trades at $4.25, while our model-based Fair Value estimate is $0.4800, 88.7% below the price, so the stock looks overvalued today.
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Valuation
Bull case: the Asset-Based group reads highest at a median of $4.52 per share, and 4 of the 16 models we run sit above the $4.25 price.
Bear case: the Earnings-Based group reads lowest at $0.1500, and 12 of the 16 models stay below the price. Evidence for this calculation is low.
Scenario range: $0.2700 (bear) to $0.6400 (bull), the price of $4.25 sits above 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 40/100 (below-average quality), in the Basic Materials sector.
Expensive Growth: The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Nippon Steel Corporation reported revenue of ¥10.1T in FY2026 versus ¥6.8T in FY2022, a compound +10.4%/yr. Reported net income was ¥17.3B in FY2026, compounding −59.4%/yr from FY2022.
Key figures
Market cap $22.2B · P/E ratio 212.5 · P/S ratio 0.36 · EPS (TTM) $0.0200 · Dividend yield 4.4% · Net margin 0.2% · Return on equity 0.8% · Return on assets (EBIT) 6.8%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 28 out of 100 (medium confidence).
What moves the price
The share trades about 7% below its 52-week high and 37% above its 52-week low, currently above its 200-day average.
For context, the median of 10 Basic Materials peers we cover trades at −44% fair-value upside, at −89%, NISTF screens richer than that median.
Fair Value models
All 16 models by family
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Set up alert →Quality Score breakdown
Of which business quality 42 · Market factors (momentum, volatility) 62
Revenue & earnings trend
NISTF screens overvalued: fair value 89% below the price. Compare with Nucor Corporation →
Recent news
- Global Automotive Steel Market Report, 2026 Edition Featuring Profiles of ArcelorMittal, Nippon Steel Corp., POSCO, Tata Steel, Nucor Corp.,
- Nippon Steel raises U.S. Steel profit forecast to $1.1B amid higher steel prices
Compare Nippon Steel Corporation with another stock
Price, fair value, quality and upside side by side.
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.Steel · 406 stocks
Valuation Multiplesvs Steel median · lower = cheaper
Strength profile in five axes (Snowflake)
VALUE 0: the price sits above our fair-value range.
Context: sector, industry, market
- Is the Materials sector expensive or cheap?
- P/E, EV/EBITDA and margins by industry (reference tables)
- Undervalued stocks: US Stocks
- Valuation of the USA market
Values & ESG
Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.
Similar stocks
10 more Steel stocks, each showing price versus our Fair Value estimate.
| Stock | Price | Fair Value | vs Fair Value |
|---|---|---|---|
| Nucor Corporation NUE | $236.24 | $116.49 | −51% |
| ArcelorMittal S.A MT | €59.82 | €35.15 | −41% |
| Steel Dynamics, Inc STLD | $230.39 | $127.93 | −44% |
| JSW Steel Limited JSWSTEEL | ₹1,233 | ₹1,095 | −11% |
| Tata Steel Limited TATASTEEL | ₹178.00 | ₹147.10 | −17% |
| Reliance, Inc RS | $393.04 | $211.55 | −46% |
| Baoshan Iron & Steel Co 600019 | ¥5.84 | ¥8.07 | +38% |
| POSCO Holdings 005490 | 311,000 KRW | 155,270 KRW | −50% |
| Inner Mongolia Baotou Steel Union Co 600010 | ¥2.09 | ¥0.5300 | −75% |
| Jindal Steel Limited JINDALSTEL | ₹1,165 | ₹516.27 | −56% |
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Key figures of Nippon Steel Corporation
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