- Strong Operating Income: Niterra Co. Ltd. reported 39.13 billion yen in operating income for Q1 2024, which is a 38% increase year-over-year (y/y) and significantly above the estimate of 30.94 billion yen.
- Net Income Growth: The company’s net income stood at 27.85 billion yen, up 16% y/y, outperforming the estimate of 22.8 billion yen.
- Increased Net Sales: Niterra’s net sales for Q1 2024 were 165.45 billion yen, marking a 12% y/y increase and exceeding the estimate of 159.5 billion yen.
- 2025 Forecast:
- Operating income is projected to be 115.00 billion yen, below the estimate of 125.94 billion yen.
- Net income is forecasted to be 83.00 billion yen, while the estimate is 92.03 billion yen.
- Net sales forecast remains at 643.00 billion yen, slightly under the estimate of 648.6 billion yen.
- The dividend is expected to be 166.00 yen, compared to an estimate of 170.22 yen.
- Analyst Ratings: The company currently has 3 buy ratings, 8 hold ratings, and 0 sell ratings.
A look at Ngk Spark Plug Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 5 | |
| Growth | 4 | |
| Resilience | 3 | |
| Momentum | 2 | |
| OVERALL SMART SCORE | 3.4 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
NGK Spark Plug has a promising long-term outlook based on a combination of strong factors. The company’s high Dividend score of 5 indicates a solid track record of paying dividends to shareholders, a positive sign of financial stability and potential for income generation. Alongside this, its Growth score of 4 suggests promising future expansion and profitability, reflecting favorable prospects for increasing market share and revenue.
Although the company’s Momentum score is on the lower side at 2, its overall resilience is rated at 3, indicating a moderate ability to withstand economic challenges. With a Value score of 3, NGK Spark Plug is considered reasonably priced compared to its intrinsic worth. With a varied product portfolio serving the automotive, agricultural, and technology sectors, NGK Spark Plug is well-positioned for sustained growth and profitability over the long term.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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