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Nitto Denko Corporation is listed at the JPX Exchange
Nitto Denko Corporation [6988.T]
JPX Sector: Basic Materials Industry:Specialty Chemicals

Is Nitto Denko Corporation stock a buy?

What Is The Conclusion?

Right now our advanced algorithms say:

Do the analyst corps agree?

Interesting Questions and Easy Answers!

Yes, Nitto Denko Corporation pays dividends. Last time was Friday 1st of November 2024 where the investors holding the stock on Friday 27th of September 2024 were paid JPY140 per share. Over the last 48 times between 2001 and 2024, Nitto Denko Corporation has paid JPY2877 with an average of JPY59.94 per share.

Sorry, we do not have any analyst data for this ticker

We cannot find data for Nitto Denko Corporation 10 years ago, but if you had invested on Monday 9th of September 2019 when the price was JPY5 173.00, you would have made a profit of JPY6 132.00 per share or 118.54%

Yes, the average daily trading liquidity for Nitto Denko Corporation is JPY740 485 thousand. You should therefore be able to get in and out of your positions relatively fast.

Nitto Denko Corporation has no real debt, which is good in periods of high inflation. With a high cash flow to debt ratio of 18.46, the company's ability to pay off the debt is good. Nitto Denko Corporation has a good net profit margin of 11.22% and should have high tolerances against inflation.

We have calculated the inflation risk for Nitto Denko Corporation to be low [0.1 of 1]

US inflation for July 2024 was 0.15%. Over the last 12 months, the US inflation is 2.92%. The 10-year treasury yield that indicates the future interest level is currently 3.72 and is down -0.95 over the last 30 days.