Nippon Electric Glass Co Ltd’s share price is 円5323. Its GF Value is 円4116.34. Based on the relationship between the current stock price and the GF Value, GuruFocus believes Nippon Electric Glass Co Ltd stock is .
The GF Value represents the current intrinsic value of a stock derived from our proprietary algorithm. It is based primarily on the historical multiples of where the stocks have been traded and the future growth of the business, adjusted for the past returns and growth. The GF Value has been verified by backtesting and daily updated model portfolios.
In addition to considering the current valuation, the growth potential of a company's value is equally important. Companies with faster growth rates tend to increase their value more quickly. Therefore, it's essential to look at the Price-to-Future GF Value ratios as well. The results are shown below:
| Price: 円5323 | GF Value | Price/GF Value | ||
|---|---|---|---|---|
| Current | 円4116.34 | 1.29 | ||
| Next FY1 End | 円4139.22 | 1.29 | ||
| Next 12 Month | 円4281.89 | 1.24 | ||
| Next FY2 End | 円4353.52 | 1.22 |
GuruFocus performed a correlation analysis comparing Nippon Electric Glass Co Ltd's stock price with key financial metrics: revenue per share, book value per share, EPS without NRI, and operating cash flow per share.
The analysis reveals the strongest correlation between Nippon Electric Glass Co Ltd's stock price and Book Value per share, with a coefficient of 77%. This is followed by a 64% correlation with Revenue per share. Nippon Electric Glass Co Ltd’s stock price shows no significant correlation with Operating Cash Flow per share. Nippon Electric Glass Co Ltd’s stock price shows no significant correlation with Earnings without NRI per share.