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Nitto DenkoTSE:6988 +3.20%85 FCF Margin % is 15.77% as of Mar. 2026, which is 67% above its 10-year median of 9.45. GuruFocus rates TSE:6988 with a GF Score™ of 85/100 and a GF Value™ of 円2,972.54 (Modestly Overvalued). The stock has 2 warning signs investors should review. Among 1,576 Chemicals companies, Nitto Denko ranks better than 78.43% on this metric.
FCF Margin % is calculated as Free Cash Flow divided by its Revenue. Nitto Denko's Free Cash Flow for the
three
months ended in Mar. 2026 was 円38,151 Mil. Nitto Denko's Revenue for the
three
months ended in Mar. 2026 was 円241,976 Mil. Therefore, Nitto Denko's FCF Margin % for the quarter that ended in Mar. 2026 was 15.77%.
The historical rank and industry rank for Nitto Denko's FCF Margin % or its related term are showing as below:
TSE:6988'
s FCF Margin % Range Over the Past 10 Years
Min: 4.83 Med: 9.45 Max: 12.46
Current: 9.3
During the past 13 years, the highest FCF Margin % of Nitto Denko was 12.46%. The lowest was 4.83%. And the median was 9.45%.
TSE:6988's FCF Margin % is ranked better than 78.43% of 1576
companies
in the Chemicals industry
Industry Median: 1.965
vs TSE:6988: 9.30
Nitto Denko FCF Margin % Related Terms
Nitto Denko FCF Margin % Historical Data
* Premium members only.
The historical data trend for Nitto Denko's FCF Margin % can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
TSE:6988 vs LIN, SHW, ECL: FCF Margin % Comparison
For the Specialty Chemicals subindustry, Nitto Denko's FCF Margin %, along with its competitors' market caps and FCF Margin % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Nitto Denko FCF Margin % vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Nitto Denko's FCF Margin % distribution charts can be found below:
* The bar in red indicates where Nitto Denko's FCF Margin % falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Nitto Denko (TSE:6988) has a FCF Margin % of 15.77% as of Mar. 2026. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on Nitto Denko and its competitors. This is 67% above median its historical median of 9.45. Over the past decade, Nitto Denko's FCF Margin % has ranged from 4.83 to 12.46. According to the industry distribution chart, Nitto Denko ranks #340 out of 1576 companies in the Chemicals industry, placing it in the top 21.6%.
Is Nitto Denko's FCF Margin % too high?
Nitto Denko's current FCF Margin % of 15.77% is 67% above median its 10-year median of 9.45. Over the past 10 years, this metric has ranged from a low of 4.83 to a high of 12.46. The Chemicals industry median FCF Margin % is 1.97. Nitto Denko's value of 15.77% is 702.5% above this industry median. Based on the distribution chart, Nitto Denko ranks #340 out of 1576 companies in the Chemicals industry, which is in the top quartile — a strong position relative to peers. Overall, Nitto Denko has a GF Score™ of 85/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nitto Denko's FCF Margin % compare to LIN and SHW?
According to the Chemicals industry distribution chart, Nitto Denko ranks #340 out of 1576 companies for FCF Margin %. This places Nitto Denko in the top 22% of its industry — outperforming the majority of peers. The industry median FCF Margin % is 1.97. Nitto Denko's value of 15.77% is 702.5% above this benchmark. Historically, Nitto Denko's own FCF Margin % has ranged from 4.83 to 12.46 over the past decade. While the company's 10-year median is 9.45 vs. the industry median of 1.97, Nitto Denko has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good FCF Margin % for a Chemicals company?
The median FCF Margin % among Chemicals companies is 1.97, based on 1,576 companies in the industry. Companies in the top quartile (top 25%) have a FCF Margin % significantly above this median, while those in the bottom quartile fall well below. However, FCF Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Nitto Denko's current FCF Margin % of 15.77% is 702.5% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high FCF Margin % mean?
A high FCF Margin % can signal that a stock is expensive relative to its fundamentals. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on Nitto Denko and its competitors. For the Chemicals industry, the median FCF Margin % is 1.97 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nitto Denko's current FCF Margin % is 15.77%, which is 67% above median its own 10-year median of 9.45. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nitto Denko stock overvalued right now?
Based on GuruFocus' analysis, Nitto Denko (TSE:6988) is currently considered Modestly Overvalued. The stock's GF Value™ is 円2,972.54, compared to a current price of 円3,324.00 — trading 11.8% above its estimated fair value. The current FCF Margin % is 15.77%, which is 67% above median its 10-year median of 9.45 and 702.5% above the Chemicals industry median of 1.97. Nitto Denko's overall GF Score™ is 85/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is FCF Margin % calculated?
FCF Margin % is calculated from a company's financial statements. For Nitto Denko (TSE:6988), the current FCF Margin % is 15.77% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Nitto Denko (TSE:6988) Overvalued in 2026?
Based on GuruFocus' analysis, Nitto Denko stock appears to be overvalued.
The current stock price of 円3,324.00 is trading 11.8% above its estimated GF Value™ of 円2,972.54.
GuruFocus considers Nitto Denko to be Modestly Overvalued.
Key valuation signals for TSE:6988:
FCF Margin %: 15.77% (67% above median its 10-year median of 9.45)
GF Value™: 円2,972.54 vs. price of 円3,324.00 (11.8% above fair value)
Industry Position: 702.5% above the Chemicals median (#340 of 1576)
No single metric tells the full story. See the TSE:6988 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nitto Denko is a manufacturer of advanced materials for niche industry applications. Its three segments are industrial tape (35% of revenue), optical films (55%), and materials used in health science (10%). Its advanced materials are used in manufacturing with main customers being suppliers to original equipment manufacturers in the computer, smartphone, and automobile industries. The company has more than 15,000 products. Most revenue is from Asia/Oceania (60%), followed by Japan (20%). The remainder is roughly equally split between Americas and Europe, each representing about 10% of revenue.
85GF Score
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