Nippo Ltd. (9913) AI Stock Analysis

• Market Cap: ¥25.48B
• Dividend Yield: 2.76%
• Average Volume (3M): 6.18K
• Price to Earnings (P/E): 17.3
• Beta (1Y): 0.37
• Revenue Growth: 5.98%
• EPS Growth: 2.93%
• Country: JP
• Employees: 2,830
• Sector: Technology
• Sector Strength: 88
• Industry: Hardware, Equipment & Parts
• EPS (TTM): 38.04
• Shares Outstanding: 9,127,338
• 10 Day Avg. Volume: 2,630
• 30 Day Avg. Volume: 6,180
• PEG Ratio: -3.18
• Price to Book (P/B): 1.27
• Price to Sales (P/S): 0.47
• P/FCF Ratio: 18.38
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 71 Outperform
• Price Target: ¥2,842.00 ▲(1.61% Upside)

Nippo Ltd. scores well due to its strong financial performance, characterized by consistent revenue growth and a robust balance sheet. The technical analysis suggests a neutral to slightly bearish trend, while the valuation indicates the stock is fairly priced with a reasonable dividend yield. The absence of earnings call data and corporate events does not impact the overall score.

Nippo Ltd. Business Overview & Revenue Model

Company Description

Nippo Ltd. (9913) is a leading company based in Japan, primarily engaged in the manufacturing and distribution of construction materials and solutions. The company operates in several sectors, including the production of concrete and asphalt, as well as other related infrastructure products. Nippo Ltd. is recognized for its innovative approaches in construction technology and sustainability, providing a wide range of core products and services that cater to both domestic and international markets.

How the Company Makes Money

Nippo Ltd. generates revenue through multiple streams, primarily by selling construction materials such as ready-mixed concrete, asphalt, and related infrastructure solutions to contractors, builders, and government projects. The company capitalizes on long-term contracts with clients in the public and private sectors, ensuring a steady demand for its products. Additionally, Nippo Ltd. benefits from strategic partnerships with construction firms and engineering companies, which enhance its market reach and project participation. The company's focus on sustainability and innovative construction solutions also opens up new revenue opportunities, such as eco-friendly building materials and technology-driven construction services.

Nippo Ltd. Financial Statement Overview

Summary

Nippo Ltd. demonstrates strong financial performance with consistent revenue growth and stable profitability margins. The balance sheet is robust with low leverage and effective equity utilization. However, cash flow management presents challenges, particularly in capital investments.

Income Statement

Nippo Ltd. has demonstrated consistent revenue growth, with a noticeable increase of 7.08% from 2024 to 2025. The gross profit margin remains strong at 16.19% for 2025, indicating efficient production cost management. The net profit margin stood at 3.11% in 2025, slightly decreasing from the previous year, which suggests room for improvement in cost controls. EBIT and EBITDA margins are stable, reflecting a healthy operating performance.

Balance Sheet

The balance sheet of Nippo Ltd. shows a solid equity base with an equity ratio of 50.89% in 2025, highlighting financial stability and low leverage. The debt-to-equity ratio is favorable at 0.19, indicating conservative borrowing practices. Return on Equity (ROE) is strong at 8.44%, showcasing effective utilization of equity to generate profits. Overall, the company maintains a robust balance sheet with a healthy liquidity position.

Cash Flow

Nippo Ltd.'s operating cash flow to net income ratio is 1.98 in 2025, suggesting strong cash generation relative to earnings. However, the free cash flow growth rate decreased significantly by 51.69% from the previous year, reflecting potential challenges in capital investment management. The free cash flow to net income ratio is 0.82, indicating adequate cash generation to cover net income, but highlighting the need for improved cash flow management.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	45.16B	44.89B	41.92B	38.89B	35.49B	39.98B
Gross Profit	7.45B	7.56B	7.17B	6.81B	5.90B	5.14B
EBITDA	3.16B	3.15B	3.46B	3.15B	2.71B	1.33B
Net Income	1.46B	1.40B	1.46B	1.27B	1.03B	12.00M
Balance Sheet
Total Assets	32.95B	32.48B	30.75B	28.67B	26.09B	24.70B
Cash, Cash Equivalents and Short-Term Investments	6.32B	6.23B	5.68B	4.91B	4.58B	2.94B
Total Debt	4.56B	2.80B	2.79B	3.71B	4.08B	3.70B
Total Liabilities	17.42B	15.94B	15.96B	16.15B	15.72B	15.71B
Stockholders Equity	15.52B	16.53B	14.79B	12.53B	10.36B	8.99B
Cash Flow
Free Cash Flow	0.00	1.15B	2.37B	1.65B	1.21B	550.00M
Operating Cash Flow	0.00	2.77B	3.68B	2.98B	2.24B	1.59B
Investing Cash Flow	0.00	-1.68B	-1.56B	-1.61B	-291.00M	-438.00M
Financing Cash Flow	0.00	-1.07B	-1.64B	-1.38B	-272.00M	-2.27B

Nippo Ltd. Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 2797.00
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:9913, the sentiment is Positive. The current price of 2797 is above the 20-day moving average (MA) of 2735.35, above the 50-day MA of 2683.88, and above the 200-day MA of 2450.62, indicating a bullish trend. The MACD of 20.11 indicates Negative momentum. The RSI at 60.61 is Neutral, neither overbought nor oversold. The STOCH value of 78.33 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for JP:9913.

Nippo Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
6850	80 Outperform	¥24.64B	12.43	―	4.86%	9.88%	11.83%
6958	77 Outperform	¥26.91B	11.66	―	5.01%	3.34%	-57.23%
6626	73 Outperform	¥26.73B	7.89	―	1.70%	6.82%	24.23%
6874	72 Outperform	¥21.60B	9.68	―	2.72%	11.31%	20.92%
9913	71 Outperform	¥25.48B	17.33	―	2.76%	5.98%	2.93%
Sector *	61 Neutral	$37.18B	12.37	-10.20%	1.83%	8.50%	-7.62%
6844	58 Neutral	¥36.08B	-29.86	―	1.86%	5.16%	-5946.54%