NGK Spark Plug Co (NGKSY) AI Stock Analysis

NGK Spark Plug Co

(Other OTC:NGKSY)

Select Model

Rating:72Outperform

Price Target:$8.00▲(9.53% Upside)

Action:reiterated

Date:10/23/26

Strong financial performance with revenue growth and high profitability is the primary driver, supported by attractive valuation; weak technical momentum partially offsets these positives.

Positive Factors

Strong ProfitabilityHigh gross, operating, and net margins indicate strong current profitability and meaningful earnings power. If these levels remain supported by the company’s product mix and operating performance, they can provide resources for investment, resilience during industry fluctuations, and sustained returns over the next several quarters.

Negative Factors

Weak Cash ConversionCash realization is materially weaker than reported earnings, which may limit the resources actually available for reinvestment, debt reduction, or shareholder returns. The gap suggests working-capital or timing effects are absorbing profits, making earnings quality and near-term cash generation important ongoing concerns.

NGK Spark Plug Co (NGKSY) vs. SPDR S&P 500 ETF (SPY)

Market Cap: $8.25B
Dividend Yield: 1.71%
Average Volume (3M): 694
Price to Earnings (P/E): 8.0
Beta (1Y): 0.86
Revenue Growth: 9.49%
EPS Growth: 81.20%
Country: US
Employees: 15,698
Sector: Consumer Cyclical
Sector Strength: 61
Industry: Auto - Parts

NGK Spark Plug Co Business Overview & Revenue Model

Company Description

Niterra Co., Ltd., together with its subsidiaries, manufactures and sells spark plugs and related products for internal-combustion engines and technical ceramics in Japan and internationally. The company offers spark plugs, including plugs for afterm...

How the Company Makes Money

The company makes money primarily by manufacturing and selling components used in vehicle powertrains and emissions/engine-control systems, monetized through two major channels: (1) OEM supply and (2) the automotive aftermarket. In the OEM channel, N...

NGK Spark Plug Co Financial Statement Overview

Summary

Robust revenue growth and expanding margins in the income statement, stable balance sheet with low leverage, and solid cash generation despite some volatility.

Income Statement

88Very Positive

Balance Sheet

82Very Positive

Cash Flow

78Positive

Financial statement breakdown
Breakdown	TTM	Mar 2026	Mar 2026	Mar 2025	Mar 2024	Mar 2023
Income Statement
Total Revenue	682.74B	652.99B	775.30B	614.49B	562.56B	491.73B
Gross Profit	265.33B	258.10B	297.80B	226.19B	197.82B	156.17B
EBITDA	174.52B	180.14B	196.64B	145.40B	127.26B	104.22B
Net Income	96.50B	92.63B	119.70B	82.65B	66.29B	60.20B
Balance Sheet
Total Assets	1.21T	990.97B	1.23T	975.72B	903.10B	823.18B
Cash, Cash Equivalents and Short-Term Investments	263.10B	233.46B	187.75B	207.92B	219.79B	188.34B
Total Debt	307.57B	156.68B	243.51B	178.11B	186.42B	154.74B
Total Liabilities	484.66B	316.24B	451.79B	337.42B	339.36B	305.19B
Stockholders Equity	721.85B	674.57B	770.75B	637.68B	563.67B	514.32B
Cash Flow
Free Cash Flow	80.84B	98.14B	77.00B	82.72B	44.98B	44.07B
Operating Cash Flow	103.31B	132.92B	115.98B	118.18B	69.31B	71.91B
Investing Cash Flow	-29.52B	-34.25B	-175.51B	-92.16B	-37.38B	10.23B
Financing Cash Flow	-24.00B	-71.00B	30.34B	-57.45B	-1.77B	-53.83B

NGK Spark Plug Co Technical Analysis

Technical Analysis SentimentNegative

Last Price7.30

Price Trends

50DMA8.14Negative

100DMA9.24Negative

200DMA8.85Negative

Market Momentum

MACD-0.40Positive

RSI43.53Neutral

STOCH46.76Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For NGKSY, the sentiment is Negative. The current price of 7.30 is below the 20-day moving average (MA) of 8.05, below the 50-day MA of 8.14, and below the 200-day MA of 8.85, indicating a bearish trend. The MACD of -0.40 indicates Positive momentum. The RSI at 43.53 is Neutral, neither overbought nor oversold. The STOCH value of 46.76 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for NGKSY.

NGK Spark Plug Co Peers Comparison

Overall Rating

UnderperformOutperform

Sector (61)

Financial Indicators

NGKSY against its peers
Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
DORM	72Outperform	$4.01B	20.12	13.42%	―	2.20%	-16.49%
NGKSY	72Outperform	$8.70B	7.99	21.15%	1.71%	9.49%	81.20%
SMP	67Neutral	$947.45M	13.59	12.51%	3.07%	5.50%	119.37%
PHIN	63Neutral	$2.26B	12.58	12.19%	1.86%	5.60%	125.39%
Sector *	61Neutral	$18.38B	12.79	-2.54%	3.03%	1.52%	-15.83%
BWA	60Neutral	$10.37B	21.60	8.61%	1.32%	0.42%	267.86%
APTV	48Neutral	$9.12B	41.84	2.41%	―	-5.40%	-75.68%

* Consumer Cyclical Sector Average

Performance Comparison

NGKSY and its peers over the selected period
Ticker	Company Name	Price	Change	% Change
NGKSY	Ngk Spark Plug	7.30	0.14	1.90%
BWA	Borgwarner Inc	51.63	8.05	18.48%
APTV	Aptiv PLC	43.93	-24.56	-35.86%
DORM	Dorman Products	136.01	4.78	3.64%
SMP	Standard Motor Products	42.41	5.98	16.42%
PHIN	PHINIA Inc.	62.92	11.57	22.53%

Glossary

BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.

Date of analysis: Oct 23, 2026

NGK Spark Plug Co AI Stock Analysis