NGK SPARK PLUG CO (5334) AI Stock Analysis

• Market Cap: ¥973.35B
• Dividend Yield: 3.6%
• Average Volume (3M): 541.49K
• Price to Earnings (P/E): 11.0
• Beta (1Y): 1.22
• Revenue Growth: 4.03%
• EPS Growth: 3.94%
• Country: JP
• Employees: 15,980
• Sector: Consumer Cyclical
• Sector Strength: 73
• Industry: Auto - Parts
• EPS (TTM): 121.09
• Shares Outstanding: 199,247,730
• 10 Day Avg. Volume: 688,920
• 30 Day Avg. Volume: 541,493
• PEG Ratio: N/A
• Price to Book (P/B): 0.00
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 0.00
• 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: ¥5,250.37
• Price Target Upside: 7.35% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 2

• Rating: 80 Outperform
• Price Target: ¥5,827.00 ▲(19.14% Upside)

NGK SPARK PLUG CO has a strong overall score driven by robust financial performance and an attractive valuation. The technical analysis suggests positive momentum, though caution is advised due to potential overbought conditions.

NGK SPARK PLUG CO Business Overview & Revenue Model

Company Description

NGK SPARK PLUG CO., LTD. is a leading global manufacturer and supplier of automotive and technical ceramics products. Headquartered in Nagoya, Japan, the company primarily operates in two main sectors: the automotive components sector, which includes products such as spark plugs and sensors, and the technical ceramics sector, which offers a range of ceramic-based products for medical, environmental, and industrial applications. NGK SPARK PLUG CO. is renowned for its innovation and commitment to quality, serving a diverse clientele across various industries worldwide.

How the Company Makes Money

NGK SPARK PLUG CO. generates revenue through the manufacture and sale of automotive components and technical ceramics. The automotive components sector is the primary revenue stream, with products like spark plugs, glow plugs, and various automotive sensors, which are essential for vehicle operation and performance. These products are sold directly to automotive manufacturers and through aftermarket distributors. The technical ceramics sector contributes to the company's earnings by providing ceramic products used in medical devices, environmental solutions, and industrial applications. Key partnerships with automotive manufacturers and ongoing investments in research and development help the company maintain its competitive edge and drive sales growth. The company's global distribution network and strong brand reputation further bolster its revenue generation capabilities.

NGK SPARK PLUG CO Financial Statement Overview

Summary

NGK SPARK PLUG CO displays strong financial health with consistent revenue growth, robust profitability margins, and a solid balance sheet with low leverage. The company effectively converts income into cash flows, ensuring liquidity and operational efficiency. While there are minor fluctuations in debt levels, they are well-managed.

Income Statement

NGK SPARK PLUG CO has shown consistent revenue growth with a Revenue Growth Rate of 6.26% from 2024 to 2025. The Gross Profit Margin stands at a healthy 39.52% for 2025, indicating strong cost management. The Net Profit Margin improved to 14.19% in 2025, reflecting efficient operations and profitability. EBIT and EBITDA Margins at 19.05% and 27.42%, respectively, demonstrate robust operational performance.

Balance Sheet

The company maintains a strong equity position with an Equity Ratio of 68.06% in 2025, signaling financial stability. The Debt-to-Equity Ratio is low at 0.23, indicating conservative leverage. Return on Equity (ROE) is solid at 13.73%, showcasing effective utilization of shareholder capital. Overall, the balance sheet reflects a strong financial position with manageable debt levels.

Cash Flow

NGK SPARK PLUG CO has demonstrated strong cash flow generation with a Free Cash Flow Growth Rate of 24.29% from 2024 to 2025. The Operating Cash Flow to Net Income Ratio is 1.43, indicating good cash conversion from profits. The Free Cash Flow to Net Income Ratio of 1.11 shows effective capital management. The company's cash flow statements indicate healthy liquidity and efficient capital expenditure management.

Breakdown	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021
Income Statement
Total Revenue	652.99B	614.49B	562.56B	491.73B	427.55B
Gross Profit	258.10B	226.19B	197.82B	156.17B	130.22B
EBITDA	179.08B	158.19B	127.26B	104.22B	81.49B
Net Income	92.63B	82.65B	66.29B	60.20B	38.37B
Balance Sheet
Total Assets	990.97B	975.72B	903.10B	823.18B	771.29B
Cash, Cash Equivalents and Short-Term Investments	208.19B	180.68B	219.79B	188.34B	165.79B
Total Debt	156.68B	178.11B	186.42B	154.74B	187.54B
Total Liabilities	316.24B	337.42B	339.36B	305.19B	319.67B
Stockholders Equity	674.57B	637.68B	563.67B	514.32B	448.83B
Cash Flow
Free Cash Flow	102.83B	82.72B	44.98B	44.07B	33.82B
Operating Cash Flow	132.92B	118.18B	69.31B	71.91B	63.40B
Investing Cash Flow	-34.25B	-92.16B	-37.38B	10.23B	-42.52B
Financing Cash Flow	-71.00B	-57.45B	-1.77B	-53.83B	28.17B

NGK SPARK PLUG CO Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 4891.00
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:5334, the sentiment is Neutral. The current price of 4891 is below the 20-day moving average (MA) of 5023.05, above the 50-day MA of 4814.54, and above the 200-day MA of 4622.40, indicating a neutral trend. The MACD of 67.68 indicates Positive momentum. The RSI at 45.09 is Neutral, neither overbought nor oversold. The STOCH value of 35.21 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for JP:5334.

NGK SPARK PLUG CO Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
5334	80 Outperform	¥973.35B	10.96	13.54%	3.60%	4.03%	3.94%
5105	80 Outperform	¥505.84B	7.75	14.57%	3.97%	4.01%	-22.73%
5161	78 Outperform	¥114.46B	28.28		3.98%	2.32%	-21.60%
5191	77 Outperform	¥199.97B	7.26		2.93%	0.49%	27.98%
5101	75 Outperform	¥700.71B	11.19	7.48%	2.26%	8.13%	-17.49%
Sector *	67 Neutral	¥265.08B	13.26	6.55%	2.53%	5.21%	-14.31%
5110	59 Neutral	¥457.35B	50.94	-1.90%	3.67%	1.37%	-119.72%

NGK SPARK PLUG CO Corporate Events

Niterra Co., Ltd. Proposes Revised Stock Remuneration System

Niterra Co., Ltd. has announced a proposal for the continuation and partial revision of its performance-linked stock remuneration system for its directors and corporate officers. This system aims to align the interests of the directors with shareholders by linking remuneration to company performance and share value, thereby incentivizing improved medium- to long-term corporate performance. The revised system, subject to shareholder approval, includes changes to cash contribution limits and performance indicators to enhance the focus on achieving performance targets and sustainable growth.

The most recent analyst rating on (JP:5334) stock is a Hold with a Yen4800.00 price target. To see the full list of analyst forecasts on NGK SPARK PLUG CO stock, see the JP:5334 Stock Forecast page.