Nippon Carbon Co., Ltd. (NCRBF)
Fair bewertetFundamental
68
Kurs
$5170.00
Marktkapitalisierung
$54.15B
Teil 1 · Was das Unternehmen wert ist
Übersicht
Nippon Carbon is a small Japanese manufacturer of carbon and silicon carbide materials sold to other industrial companies rather than to consumers. Its main products are artificial graphite electrodes, high-purity graphite used in making crystalline silicon, carbon fibre for aerospace and industrial use, anode material for lithium-ion batteries, and impervious graphite equipment for the chemical industry. A smaller unit leases real estate and repairs industrial machinery.
Wie das Geld verdient wird
Revenue comes from selling tonnes or units of specialty carbon material to manufacturers who use it as an input — semiconductor and solar companies needing high-purity graphite, aerospace and industrial customers needing carbon fibre, battery makers needing anode material. Because the company is small relative to global carbon and graphite producers, volume with a handful of large industrial customers, more than broad market share, drives results from year to year.
Umsatz nach Segment
Graphite electrodes, high-purity graphite, carbon fibre and lithium-ion battery anode material — the large majority of revenue.
Silicon carbide materials and continuous fibres, used mainly in aerospace applications.
Real estate leasing and manufacture and repair of industrial machinery, unrelated to the carbon materials business.
Was die Nachfrage antreibt
ZyklischDemand for high-purity graphite tracks semiconductor and solar wafer production, carbon fibre demand tracks aerospace and industrial capital spending, and both slow when those end industries cut output. As a small supplier serving a handful of large customers in cyclical industries, Nippon Carbon's own volumes can move more sharply than the broader materials market.
Die Argumente dafür
Buyers argue that Nippon Carbon's specialty materials sit inside growing end markets — semiconductors, batteries and aerospace — where technical qualification with a customer is not quickly replaced, giving a small supplier more staying power than its size would suggest.
Die Argumente dagegen
Sellers fear that a company this small, selling into cyclical semiconductor and aerospace supply chains dominated by much larger global materials producers, has little pricing power of its own and can see results swing sharply if even one large customer shifts its orders elsewhere.
Written by the editors, published on 18. August 2026
Direct competitors
Who this company fights with for the same customers
Generated on 19. September 2026 with claude-haiku-4-5 — shared with all users
The closest Japanese rival, selling graphite electrodes to the same electric-arc steelmakers and fine-carbon and SiC products to the same semiconductor and industrial customers.
Competes for the same high-purity and isotropic graphite orders from semiconductor, solar-silicon and specialty furnace customers.
One of the largest graphite-electrode producers in the world and also a supplier of lithium-ion battery anode materials, so it meets Nippon Carbon in both of its main markets.
A pure-play graphite-electrode maker bidding for the same electric-arc furnace steel producers in export markets outside Japan.
Sells specialty graphite, impervious graphite equipment and carbon/ceramic fibre composites to the same chemical, semiconductor and aerospace buyers.
Supplies graphite electrodes to steelmakers in Asia and Europe, competing on the same export tenders for arc-furnace consumables.
Bilanz & Liquidität
Umsatz
$37.03B
Letzte 12 Monate bis zum zuletzt gemeldeten Quartal — Schätzung aus Kennzahlen je Aktie
Nettogewinn
$3.73B
Letzte 12 Monate bis zum zuletzt gemeldeten Quartal — Schätzung aus Kennzahlen je Aktie
Freier Cashflow
$2.30B
Gesamtes Eigenkapital
$53.11B
Gesamtverbindlichkeiten
$10.37B
Current Ratio
2.80
Zinsdeckungsgrad
-
Schulden/EBITDA
1.25
Gewinn je Aktie
Umsatz & Nettogewinn
Freier Cashflow
Ertragsaufschlüsselung
Historische Aufstellung
Margen im Zeitverlauf
Verschuldung im Zeitverlauf
Wie schwer die Schulden wiegen
Wachstumsraster
Wachstum — Umsatz
Innerer-Wert-Schätzung
Innerer Wert
$4923.89
Aktueller Kurs
$5170.00
Sicherheitsmarge
-5.0%
Innerer-Wert-Spanne
$3536.45 - $6311.33
Streubreite zwischen den verwendeten Bewertungsmethoden, kein statistisch kalibriertes Konfidenzintervall.
Bewertungsmethoden
Bewertungskennzahlen
P/E-Verhältnis
14.56
ROE
7.0%
P/B-Verhältnis
1.02
P/FCF
23.51
Bruttomarge
26.1%
ROIC
6.7%
Rentabilitäts-Radar
Wertschöpfung (Wettbewerbsvorteil)
ROIC
6.7%
WACC
7.2%
ROIC − WACC
-0.6 pp
Der ROIC liegt etwa auf Höhe der Kapitalkosten: Das Unternehmen deckt gerade eben seine Kapitalkosten.
Fundamentalanalyse-Kriterien
Bestanden (16)
- Price CAGR 6.33%
- ROIC 6.7%
- P/FCF 23.51
- P/B Ratio 1.02
- Debt/Equity ratio
- Operating Margin 9.8%
- Positive Free Cash Flow
- Current Ratio
- Debt/EBITDA
- Price below Graham Number
- Revenue Growth 5Y 7.1%
- Analyst Consensus 80% Buy
- Earnings Surprise avg 68.8%
- PEG Ratio 0.66
- Earnings Quality (OCF/NI) 1.50
- Net Margin Trend 12.8% vs 10.7%
Nicht bestanden (5)
- Gross Margin 26.1%
- CapEx intensity
- DCF valuation (Overvalued)
- ROE 7.2%
- Piotroski F-Score 2/9
Nicht verfügbar (6)
- EPS data insufficient
- Dividend Payout NaN%
- Interest Coverage
- Return on Tangible Assets
- Low reliance on intangibles
- Share Dilution (missing shares data)
Piotroski F-Score
Ernsthafte finanzielle Bedenken
Gewinnqualität
Hohe Qualität: Gewinne durch Cashflow gedeckt
Aktienverwässerung
Aktienrückkäufe. Aktionärsfreundlich
Institutionelle Beteiligungen
Für dieses Unternehmen liegen keine institutionellen Meldungen vor.
Unternehmensführung
Führungsteam
| Name | Position | Alter |
|---|---|---|
| Mr. Takafumi Miyashita | CEO, President & Representative Director | 61 |
| Hiroshi Fujikawa | Executive Officer & Deputy GM of the Business Operations Division | - |
| Takeshi Kawazoe | Senior Managing Executive Officer & GM of Sales Division | - |
| Mr. Akira Urano | Senior Managing Executive Officer & Full time Board Member | 60 |
| Satoshi Yamano | Senior Managing Executive Officer | - |
Teil 2 · Der Preis und der Einstiegszeitpunkt
Dieser Teil sagt nicht, ob das Unternehmen etwas taugt: Er hilft bei der Wahl des Kaufzeitpunkts, nachdem die Fundamentaldaten überzeugt haben. Enthalten: technische Analyse, Potenzial, historische Drawdowns, Gamma-Exposure.
Latest News
Recent headlines for NCRBF, sourced from Markets Gazette.