NSK Ltd. (JP:6471)
:6471
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NSK Ltd.
(6471)
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Rating:68Neutral
Price Target:
¥1,534.00
▲(57.20% Upside)
Action:ReiteratedDate:02/05/26
The score is driven primarily by improving financial performance—especially strong and growing free cash flow and lower leverage—alongside a strong uptrend in the stock’s technical setup. These positives are partially offset by thin profitability/low ROE and a relatively high P/E multiple versus the support from a moderate dividend yield.
Positive Factors
Cash generation
Consistently strong operating cash flow and growing FCF provide durable internal funding for capex, R&D, dividends and debt reduction. High conversion (FCF ~78% of net income) gives flexibility to reinvest in automation and factories, supporting long-term competitiveness.
Negative Factors
Thin profitability
Low operating and net margins limit the company’s ability to convert revenue into durable profits and restrict reinvestment capacity. Margins leave little buffer vs. raw material or cyclical demand shocks, making long-term earnings and cash returns sensitive to modest cost pressures.
Read all positive and negative factors
Positive Factors
Negative Factors
Cash generation
Consistently strong operating cash flow and growing FCF provide durable internal funding for capex, R&D, dividends and debt reduction. High conversion (FCF ~78% of net income) gives flexibility to reinvest in automation and factories, supporting long-term competitiveness.
Read all positive factors
NSK Ltd. (6471) vs. iShares MSCI Japan ETF (EWJ)
Market Cap
¥572.67B
Dividend Yield3.52%
Average Volume (3M)2.02M
Price to Earnings (P/E)28.3
Beta (1Y)1.07
Revenue Growth1.43%
EPS Growth83.34%
CountryJP
Employees24,057
SectorConsumer Cyclical
Sector Strength84
IndustryAuto - Parts
Share Statistics
EPS (TTM)8.63
Shares Outstanding500,000,000
10 Day Avg. Volume1,961,770
30 Day Avg. Volume2,020,343
Financial Highlights & Ratios
PEG Ratio1.12
Price to Book (P/B)0.48
Price to Sales (P/S)0.39
P/FCF Ratio7.08
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)65.14
Revenue Forecast (FY)¥1.00T
NSK Ltd. Business Overview & Revenue Model
Company Description
NSK Ltd., together with its subsidiaries, manufactures and sells industrial machinery bearings, automotive products, and precision machinery and parts worldwide. Its products include ball bearings; roller bearings; bearing units; super precision b...
How the Company Makes Money
NSK Ltd. generates revenue primarily through the sale of its core products, which include bearings, automotive components, and precision machinery. The company operates in two main segments: the Automotive Business, which supplies bearings and oth...
NSK Ltd. Financial Statement Overview
Summary
Income Statement
62
Positive
Balance Sheet
71
Positive
Cash Flow
76
Positive
| Breakdown | TTM | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 858.21B | 796.67B | 788.87B | 938.10B | 865.17B | 747.56B |
| Gross Profit | 184.02B | 172.78B | 165.25B | 191.06B | 169.73B | 126.24B |
| EBITDA | 96.89B | 84.11B | 83.18B | 93.68B | 88.22B | 63.03B |
| Net Income | 20.26B | 10.65B | 8.50B | 18.41B | 16.59B | 355.00M |
Balance Sheet | ||||||
| Total Assets | 1.30T | 1.22T | 1.30T | 1.23T | 1.23T | 1.17T |
| Cash, Cash Equivalents and Short-Term Investments | 154.36B | 198.51B | 191.99B | 161.45B | 139.01B | 178.01B |
| Total Debt | 226.56B | 329.03B | 342.61B | 360.81B | 327.21B | 352.62B |
| Total Liabilities | 603.61B | 550.35B | 620.12B | 598.53B | 597.09B | 598.13B |
| Stockholders Equity | 679.57B | 651.46B | 659.98B | 616.21B | 617.80B | 554.52B |
Cash Flow | ||||||
| Free Cash Flow | 123.85B | 44.05B | 49.88B | 19.87B | -13.33B | 20.05B |
| Operating Cash Flow | 158.83B | 82.18B | 99.82B | 64.16B | 22.73B | 53.84B |
| Investing Cash Flow | -143.29B | -58.75B | -90.81B | -48.78B | -19.97B | -51.10B |
| Financing Cash Flow | -8.21B | -33.74B | -24.78B | 4.42B | -48.22B | 29.99B |
NSK Ltd. Technical Analysis
Positive
975.80
Price Trends
1191.73
Negative
1080.28
Positive
904.94
Positive
Market Momentum
-11.27
Negative
52.06
Neutral
88.89
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:6471, the sentiment is Positive. The current price of 975.8 is below the 20-day moving average (MA) of 1137.38, below the 50-day MA of 1191.73, and above the 200-day MA of 904.94, indicating a neutral trend. The MACD of -11.27 indicates Negative momentum. The RSI at 52.06 is Neutral, neither overbought nor oversold. The STOCH value of 88.89 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for JP:6471.
NSK Ltd. Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
81 Outperform | ¥103.53B | 6.62 | ― | 3.82% | ― | ― | |
74 Outperform | ¥520.01B | 11.33 | ― | 2.60% | 1.06% | -5.99% | |
68 Neutral | ¥572.67B | 28.26 | ― | 3.52% | 1.43% | 83.34% | |
68 Neutral | ¥207.16B | -8.32 | ― | 1.93% | -3.23% | 24.93% | |
63 Neutral | ¥561.86B | 15.03 | 3.35% | 3.18% | 0.44% | -11.36% | |
61 Neutral | $18.38B | 12.79 | -2.54% | 3.03% | 1.52% | -15.83% | |
58 Neutral | ¥5.01B | 2.75 | ― | 4.51% | 0.61% | -453.99% |
* Consumer Cyclical Sector Average
JP:6471
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NSK Ltd. Corporate Events
NSK Maintains Executive Lineup and Management Structure for FY2026
Feb 3, 2026
NSK Ltd. has announced its management structure and executive officer assignments for fiscal year 2026, effective April 1, 2026, confirming that there will be no new appointments, retirements, or changes in rank among its executive officers. Presi...
NSK Lifts Nine-Month Profits and Upgrades Outlook as Steering Unit Becomes Core Subsidiary
Feb 3, 2026
NSK reported strong unaudited consolidated results for the nine months ended 31 December 2025, with sales rising 10.3% year-on-year to ¥658.5 billion and operating income surging 75.2% to ¥27.4 billion, while net income attributable to o...
NSK Lifts Full-Year Profit and Sales Forecast on Weaker Yen and Solid Performance
Feb 3, 2026
NSK Ltd. has raised its consolidated business forecast for the fiscal year ending March 31, 2026, citing a weaker yen and reflecting stronger-than-expected performance through the first nine months of the period. The company now projects sales of ...
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.