Want to see JP:4403 full AI Analyst Report?

NOF (4403) Price & Analysis

1 Followers

4403 Stock Chart & Stats

¥3049.00

-¥1.00(-0.05%)

At close: Jan 08 4:00 PM EST

¥3049.00

-¥1.00(-0.05%)

Day’s Range― - ―

52-Week Range¥2,512.50 - ¥3,400.00

Previous CloseN/A

Volume630.00K

Average Volume (3M)706.87K

Market Cap

¥646.67B

Enterprise Value¥545.47B

Total Cash (Recent Filing)¥88.36B

Total Debt (Recent Filing)¥5.14B

Price to Earnings (P/E)15.5

Beta0.87

Next EarningsN/A

EPS EstimateN/A

Next Dividend Ex-DateN/A

Dividend Yield1.58%

Share Statistics

EPS (TTM)N/A

Shares Outstanding236,524,120

10 Day Avg. Volume854,260

30 Day Avg. Volume706,870

Financial Highlights & Ratios

PEG Ratio1.20

Price to Book (P/B)2.41

Price to Sales (P/S)2.76

P/FCF Ratio33.21

Enterprise Value/Market CapN/A

Enterprise Value/RevenueN/A

Enterprise Value/Gross ProfitN/A

Enterprise Value/EbitdaN/A

Forecast

1Y Price Target

¥3,800.00

Price Target Upside24.63% Upside

Rating ConsensusModerate Buy

Number of Analyst Covering1

EPS Forecast (FY)N/A

Revenue Forecast (FY)N/A

Bulls Say, Bears Say

Bulls Say

Conservative Balance SheetNOF's extremely low leverage and steadily rising equity provide durable financial flexibility. Over the medium term this reduces solvency risk, preserves optionality to fund R&D or M&A from internal resources, and supports resilience across chemical-cycle downturns without needing external financing.

Consistent Revenue And MarginsSustained top-line expansion alongside stable mid-30% gross margins and mid-teens net margins indicates a resilient specialty-chemicals business model with pricing and mix advantages. This consistency underpins predictable earnings and the ability to invest in product development and customer qualification over time.

Positive Free Cash Flow RecordConsistent positive free cash flow across reported years creates a durable source of internal funding for capital expenditures, dividend distribution, and strategic initiatives. Even with variability, persistent FCF supports long-term financial health and limited reliance on external capital.

Bears Say

Uneven Cash ConversionOperating cash consistently trailing net income and a declining FCF-to-net-income ratio reflect working-capital swings or higher reinvestment. Over months this makes free-cash-flow timing less predictable, potentially constraining discretionary spend and necessitating careful liquidity management.

Limited Margin ExpansionStable-to-declining EBIT margins suggest growth has been driven more by volume/mix than structural efficiency gains. Without clear operating-leverage improvement, the company remains exposed to input-cost inflation and competitive pricing pressure, limiting long-term margin upside.

ROE Drift Amid Rising EquityA growing equity base with only modest earnings growth pushes ROE lower over time. Persistently declining ROE can indicate capital allocation challenges and may constrain long-term shareholder return potential unless the company finds higher-return deployment opportunities.

NOF News

NOF Completes ¥4.7 Billion Share Buyback on Tokyo Stock Exchange

NOF ( ($JP:4403) ) has provided an announcement. NOF Corporation has completed a share buyback program authorized by...

18d ago

NOF Advances Share Buyback, Acquires 780,700 Shares for ¥2.22 Billion

NOF ( ($JP:4403) ) has provided an announcement. NOF Corporation has disclosed the status of its ongoing share...

1M ago

NOF lifts profit, boosts dividends and projects strong sales growth

NOF ( ($JP:4403) ) has issued an update. NOF Corporation reported solid earnings for the fiscal year ended...

2M ago

NOF overhauls performance-linked stock compensation with new restricted stock plan

NOF ( ($JP:4403) ) has issued an announcement. NOF Corporation will revise its existing performance-linked stock compensation scheme...

2M ago

NOF Launches ¥5 Billion Share Buyback to Boost Shareholder Returns

The latest update is out from NOF ( ($JP:4403) ). NOF Corporation’s board has approved a share buyback...

2M ago

NOF revamps executive ranks while keeping top leadership in place

NOF ( ($JP:4403) ) just unveiled an announcement. NOF Corporation has announced a broad reshuffle of its executive...

2M ago

NOF Nears 5 Billion Yen Limit in Completed Share Buyback Program

NOF ( ($JP:4403) ) just unveiled an update. NOF Corporation has completed a share buyback program authorized by...

4M ago

NOF Corporation Buys Back 681,600 Shares Under Ongoing ¥5 Billion Program

NOF ( ($JP:4403) ) has issued an update. NOF Corporation has repurchased 681,600 of its common shares on...

4M ago

NOF Flags Profit Dip but Lifts Dividend and Full-Year Outlook

NOF ( ($JP:4403) ) has provided an announcement. NOF Corporation reported consolidated net sales of ¥173.5 billion for...

5M ago

NOF Raises FY2026 Earnings and Dividend Outlook on Strength in Defense Business

An announcement from NOF ( ($JP:4403) ) is now available. NOF Corporation has slightly raised its full-year consolidated...

5M ago

4403 FAQ

What was NOF Corporation’s price range in the past 12 months?

NOF Corporation lowest stock price was ¥2512.50 and its highest was ¥3400.00 in the past 12 months.

What is NOF Corporation’s market cap?

NOF Corporation’s market cap is ¥646.67B.

When is NOF Corporation’s upcoming earnings report date?

The company’s upcoming earnings report date is not yet available.

How were NOF Corporation’s earnings last quarter?

Currently, no data Available

Is NOF Corporation overvalued?

According to Wall Street analysts NOF Corporation’s price is currently Undervalued. Get more investment ideas with TipRanks Premium

Does NOF Corporation pay dividends?

NOF Corporation pays a Semiannually dividend of ¥35 which represents an annual dividend yield of 1.58%. See more information on NOF Corporation dividends here

What is NOF Corporation’s EPS estimate?

NOF Corporation’s EPS estimate for its next earnings report is not yet available.

How many shares outstanding does NOF Corporation have?

NOF Corporation has 236,524,120 shares outstanding.

What happened to NOF Corporation’s price movement after its last earnings report?

Currently, no data Available

Which hedge fund is a major shareholder of NOF Corporation?

Currently, no hedge funds are holding shares in JP:4403

What is the TipRanks Smart Score and how is it calculated?

Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology

Company Description

NOF Corporation

NOF Corporation is a chemical manufacturing company based in Tokyo, Japan, with operations extending across Asia and globally. The firm structures its business into three primary divisions. Its Functional Chemicals segment produces a diverse range of industrial materials, including various fatty acid and oxide derivatives, specialized polymers and films, electronic components, and corrosion prevention solutions. The Life Science division focuses on products like MPC compounds, ingredients for drug delivery systems, nutritional oils, and health-promoting foods. Lastly, the Explosive & Propulsion division manufactures items such as industrial and defense explosives, rocket fuels, safety devices for vehicles, and metal goods. Additionally, NOF holds interests in logistics, insurance, and property management. The company was established in 1937.

NOF (4403) Earnings & Revenues

Historic Earnings Reports

4403 Stock 12 Month Forecast

Average Price Target

¥3,800.00

▲(24.63% Upside)

{"navigator":{"disabled":true},"exporting":{"enabled":false},"title":{"text":null},"chart":{"height":200,"style":{"fontFamily":"Roboto Flex, -apple-system, BlinkMacSystemFont, Segoe UI, Roboto, Helvetica, Arial, sans-serif, Apple Color Emoji, Segoe UI Emoji, Segoe UI Symbol","fontWeight":"400","color":"#5d5d5e"},"spacingTop":30,"spacingRight":60,"events":null},"yAxis":{"labels":{"style":{"color":"inherit"},"distance":6,"x":-6,"y":-6,"zIndex":1,"map_label_formatter":{"2521":"¥2,521","2841":"¥2,841","3161":"¥3,161","3481":"¥3,481","3801":"¥3,801"}},"plotLines":[{"color":"rgba(0,0,0,0)","value":3800,"label":{"className":" overflowvisible_force","align":"right","x":60,"y":-10,"text":"<div  class=\"positionrelative hoverZ3 triangleleft-bottom flexccc bgwhite shadowhard-3 border1 borderColorwhite-8 colorwhite-8 px2 lineHeight3 fontWeightsemibold fontSize10 radiismall h_pxsmall35\"> <div class=\"w_pxsmall60 flexccc\">\n  <span style=\"color:#199ca5\">High </span>\n\n  <span style=\"color:#199ca5\">¥3.80K</span>\n  </div></div>","useHTML":true}},{"color":"rgba(0,0,0,0)","value":3800,"label":{"className":" overflowvisible_force","align":"right","x":60,"y":0,"text":"<div  class=\"positionrelative hoverZ3 triangleleft flexccc bgwhite shadowhard-3 border1 borderColorwhite-8 colorwhite-8 px2 lineHeight3 fontWeightsemibold fontSize10 radiismall h_pxsmall35\"> <div class=\"w_pxsmall60 flexccc\">\n  <span style=\"color:#828080\">Average </span>\n\n  <span style=\"color:#828080\">¥3.80K</span>\n  </div></div>","useHTML":true}},{"color":"rgba(0,0,0,0)","value":3800,"label":{"className":" overflowvisible_force","align":"right","x":60,"y":10,"text":"<div  class=\"positionrelative hoverZ3 triangleleft-top flexccc bgwhite shadowhard-3 border1 borderColorwhite-8 colorwhite-8 px2 lineHeight3 fontWeightsemibold fontSize10 radiismall h_pxsmall35\"> <div class=\"w_pxsmall60 flexccc\">\n  <span style=\"color:#912767\">Low </span>\n\n  <span style=\"color:#912767\">¥3.80K</span>\n  </div></div>","useHTML":true}}],"tickPositions":[2521,2841,3161,3481,3801],"lineColor":"#dddddd","gridLineWidth":1,"gridLineColor":"#dddddd","lineWidth":1,"title":{"text":""}},"plotOptions":{"series":{"states":{"inactive":{"opacity":1}}},"line":{"animation":{"duration":0},"dataLabels":{"allowOverlap":true},"borderWidth":1,"marker":{"enabled":true,"fillColor":"#FFFFFF","radius":3,"lineWidth":2,"symbol":"circle","lineColor":"#828080"}}},"xAxis":{"labels":{"style":{"color":"inherit"},"rotation":0,"map_label_formatter":{"3":"Oct<br/>2025","6":"Jan<br/>2026","9":"Apr<br/>2026","12":"Jul<br/>2026","25":"Jul<br/>2027"}},"tickPositions":[3,6,9,12,25],"plotLines":[{"color":"#dddddd","width":1,"value":12},{"color":"#dddddd","width":1,"value":12}],"lineWidth":0,"gridLineWidth":1,"gridLineColor":"#dddddd","tickLength":0},"legend":{"symbolRadius":0,"symbolPadding":4,"symbolHeight":14,"borderWidth":0,"symbolWidth":14,"align":"left","verticalAlign":"bottom","enabled":false},"tooltip":{"backgroundColor":"rgba(0,0,0,0)","useHTML":true,"borderWidth":0,"borderColor":"rgba(0,0,0,0)","padding":0,"shadow":null,"headerFormat":"","footerFormat":"","pointFormat":"<div class=\"flexccc lineHeight2 bgwhite shadow2 px3 py3 radiismall fonth10_semibold\">\n                <span class=\"colorgray-3 mb4\">{point.date:%b %d ,%Y}</span>\n                <span>Analyst Consensus</span>\n                {point.info}\n          </div>\n           </div>"},"credits":{"enabled":false},"accessibility":{"description":""},"responsive":{"rules":[{"chartOptions":{"chart":{"spacing":[0,0,0,0],"margin":[30,60,40,5]},"xAxis":{"tickPositions":[3,12,25.25]},"yAxis":{"labels":{"enabled":false}},"title":{"text":null},"subtitle":{"text":null}},"condition":{"maxWidth":500}}]},"series":[{"lineWidth":2,"dashStyle":"ShortDash","name":"High","type":"line","color":"#199ca5","enableMouseTracking":false,"marker":{"enabled":false},"data":[null,null,null,null,null,null,null,null,null,null,null,null,2659,2746.769230769231,2834.5384615384614,2922.3076923076924,3010.076923076923,3097.846153846154,3185.6153846153848,3273.3846153846152,3361.153846153846,3448.923076923077,3536.6923076923076,3624.4615384615386,3712.2307692307695,{"y":3800,"marker":{"fillColor":"#199ca5","lineColor":"#199ca5","enabled":true,"symbol":"circle"}}]},{"lineWidth":2,"dashStyle":"ShortDash","name":"Average","type":"line","color":"#828080","enableMouseTracking":false,"marker":{"enabled":false},"data":[null,null,null,null,null,null,null,null,null,null,null,null,2659,2746.769230769231,2834.5384615384614,2922.3076923076924,3010.076923076923,3097.846153846154,3185.6153846153848,3273.3846153846152,3361.153846153846,3448.923076923077,3536.6923076923076,3624.4615384615386,3712.2307692307695,{"y":3800,"marker":{"fillColor":"#828080","lineColor":"#828080","enabled":true,"symbol":"circle"}}]},{"lineWidth":2,"dashStyle":"ShortDash","name":"Low","type":"line","color":"#912767","enableMouseTracking":false,"marker":{"enabled":false},"data":[null,null,null,null,null,null,null,null,null,null,null,null,2659,2746.769230769231,2834.5384615384614,2922.3076923076924,3010.076923076923,3097.846153846154,3185.6153846153848,3273.3846153846152,3361.153846153846,3448.923076923077,3536.6923076923076,3624.4615384615386,3712.2307692307695,{"y":3800,"marker":{"fillColor":"#912767","lineColor":"#912767","enabled":true,"symbol":"circle"}}]},{"type":"line","data":[{"y":2722.134,"date":1751328000000,"info":" <span style=\"color:#828080\" class=\"mb3 mt2 fonth8_semibold\"> Hold</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 0,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 0, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 0</span>\n      ","marker":{"lineColor":"#828080","enabled":true,"symbol":"circle"}},{"y":2987.147,"date":1754006400000,"info":" <span style=\"color:#828080\" class=\"mb3 mt2 fonth8_semibold\"> Hold</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 0,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 0, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 0</span>\n      ","marker":{"lineColor":"#828080","enabled":true,"symbol":"circle"}},{"y":2630.531,"date":1756684800000,"info":" <span style=\"color:#828080\" class=\"mb3 mt2 fonth8_semibold\"> Hold</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 0,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 0, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 0</span>\n      ","marker":{"lineColor":"#828080","enabled":true,"symbol":"circle"}},{"y":2522.47,"date":1759276800000,"info":" <span style=\"color:#828080\" class=\"mb3 mt2 fonth8_semibold\"> Hold</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 0,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 0, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 0</span>\n      ","marker":{"lineColor":"#828080","enabled":true,"symbol":"circle"}},{"y":2717.343,"date":1761955200000,"info":" <span style=\"color:#828080\" class=\"mb3 mt2 fonth8_semibold\"> Hold</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 0,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 0, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 0</span>\n      ","marker":{"lineColor":"#828080","enabled":true,"symbol":"circle"}},{"y":3219.859,"date":1764547200000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 2,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 1, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 0</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":2978.493,"date":1767225600000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 2,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 1, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 0</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":2946.344,"date":1769904000000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 2,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 1, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 0</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":3133.798,"date":1772323200000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 2,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 0, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 0</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":3186,"date":1775001600000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 2,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 0, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 0</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":3237,"date":1777593600000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 2,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 0, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 0</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":2682,"date":1780272000000,"info":" <span style=\"color:#828080\" class=\"mb3 mt2 fonth8_semibold\"> Hold</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 0,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 0, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 0</span>\n      ","marker":{"lineColor":"#828080","enabled":true,"symbol":"circle"}},{"y":2659,"date":1782864000000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 1,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 0, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 0</span>\n      ","marker":{"fillColor":"black","lineColor":"black","enabled":true,"symbol":"circle"}},null,null,null,null,null,null,null,null,null,null,null,null],"color":"#0666a7"}]}

Detailed Analyst Forecast >