NTN (6472) AI Stock Analysis

• Market Cap: ¥184.69B
• Dividend Yield: 3.25%
• Average Volume (3M): 5.62M
• Price to Earnings (P/E): 30.6
• Beta (1Y): 1.13
• Revenue Growth: -3.84%
• EPS Growth: -351.10%
• Country: JP
• Employees: 22,305
• Sector: Industrials
• Sector Strength: 73
• Industry: Manufacturing - Tools & Accessories
• EPS (TTM): 2.25
• Shares Outstanding: 532,463,500
• 10 Day Avg. Volume: 4,696,080
• 30 Day Avg. Volume: 5,619,190
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• P/FCF Ratio: N/A
• 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: ¥326.59
• Price Target Upside: -6.12% Downside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 2

• Rating: 58 Neutral
• Price Target: ¥337.00 ▼(-3.13% Downside)

The overall stock score is primarily influenced by the company's financial challenges, including declining revenues and high leverage. However, strong technical indicators suggest bullish momentum, which partially offsets the financial concerns. The valuation is mixed, with a negative P/E ratio but a decent dividend yield.

NTN Business Overview & Revenue Model

Company Description

NTN Corporation, together with its subsidiaries, manufactures and sells bearings, drive shafts, and precision equipment and other products in Japan, the Americas, Europe, other Asian countries, and internationally. The company offers rolling bearings, including radial and thrust ball, radial and thrust roller, special purpose, and linear motion bearings; plummer blocks; bearing units; plain bearings; constant velocity joints; automatic tensioners; clutches; electric motor and actuator; sensor related products; parts feeders; electric brake systems; condition monitoring systems; composite material products; and wind and hydro turbines. It also provides aftermarket parts and maintenance services. The company serves automobile and motorcycle, electric vehicle, rolling stock, wind power generator, construction and mining machinery, agricultural machinery, office supply, iron making machinery, machine tools, paper manufacturing machinery, food machinery, medical equipment, aerospace, precision equipment, robots, electrical machinery, variable speed reducer, vacuum and clean, and renewable energy products markets. NTN Corporation was founded in 1918 and is headquartered in Osaka, Japan.

How the Company Makes Money

NTN Corporation generates revenue primarily through the manufacturing and sale of a wide range of bearings, which are critical components in numerous applications across diverse industries such as automotive, industrial machinery, and aerospace. The company capitalizes on its extensive product portfolio, technological advancements, and global distribution network to supply OEMs and the aftermarket with high-quality, reliable components. NTN's revenue streams are bolstered by its strategic partnerships and collaborations with leading automotive manufacturers and industrial firms, enabling the company to maintain a strong market presence and leverage emerging opportunities in sectors undergoing technological transformation.

NTN Financial Statement Overview

Summary

NTN faces significant financial challenges with declining revenues, negative profitability, and high leverage. While there is some positive momentum in cash flow generation, the company needs to address its operational inefficiencies and manage its debt levels to improve financial stability.

Income Statement

The company's income statement shows a challenging period with declining revenue and negative net income in the TTM. The gross profit margin is relatively stable, but the net profit margin is negative, indicating losses. Revenue growth has been negative recently, reflecting a downturn in sales. The EBIT and EBITDA margins are low, suggesting operational inefficiencies.

Balance Sheet

The balance sheet reveals a high debt-to-equity ratio, indicating significant leverage, which could pose financial risks. Return on equity is negative in the TTM, reflecting the company's inability to generate profit from shareholders' equity. The equity ratio is moderate, suggesting a balanced asset structure, but the high debt levels are concerning.

Cash Flow

Cash flow analysis shows a strong free cash flow growth in the TTM, which is a positive sign. The operating cash flow to net income ratio is low, indicating that cash generation from operations is not sufficient to cover net losses. However, the free cash flow to net income ratio is positive, suggesting some ability to generate cash despite losses.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	813.82B	825.59B	836.28B	773.96B	642.02B	562.85B
Gross Profit	142.29B	148.24B	145.28B	125.91B	105.95B	85.18B
EBITDA	38.80B	42.97B	67.09B	59.41B	44.94B	37.73B
Net Income	-22.78B	-23.80B	10.57B	10.37B	7.34B	-11.64B
Balance Sheet
Total Assets	854.89B	856.42B	910.25B	869.83B	855.48B	836.56B
Cash, Cash Equivalents and Short-Term Investments	140.16B	131.52B	130.03B	111.66B	128.64B	154.97B
Total Debt	356.90B	353.99B	362.06B	371.29B	394.03B	422.80B
Total Liabilities	608.45B	607.72B	629.43B	632.40B	639.06B	652.81B
Stockholders Equity	230.79B	232.89B	264.33B	220.66B	197.85B	170.53B
Cash Flow
Free Cash Flow	37.72B	22.09B	38.05B	10.49B	-12.91B	6.85B
Operating Cash Flow	63.30B	45.62B	65.10B	34.22B	8.96B	36.47B
Investing Cash Flow	-28.26B	-25.96B	-24.97B	-13.86B	2.51B	-17.94B
Financing Cash Flow	-30.65B	-18.71B	-30.21B	-33.26B	-41.30B	54.67B

NTN Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 347.90
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Negative
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:6472, the sentiment is Positive. The current price of 347.9 is above the 20-day moving average (MA) of 323.25, above the 50-day MA of 279.23, and above the 200-day MA of 243.02, indicating a bullish trend. The MACD of 17.63 indicates Positive momentum. The RSI at 85.17 is Negative, neither overbought nor oversold. The STOCH value of 88.00 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for JP:6472.

NTN Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	64 Neutral	$10.73B	15.74	7.60%	2.01%	2.75%	-15.09%
6472	58 Neutral	¥184.69B	30.58	-9.53%	3.25%	-3.84%	-351.10%
OSGCF	―	$1.27B	14.05	7.41%	2.76%	―	―
8UM	―	€487.93M	17.13	2.79%	―	―	―
6101	81 Outperform	¥106.56B	8.67		2.51%	28.13%	84.20%
6278	74 Outperform	¥150.30B	26.78		1.10%	21.67%	40.87%
6480	65 Neutral	¥47.19B	22.91		2.93%	5.34%	79.88%

NTN Corporate Events

NTN Corporation Reports Q1 2025 Financial Results with Improved Profitability

NTN Corporation reported its consolidated financial results for the three months ended June 30, 2025, showing a decline in net sales by 5.6% compared to the previous year. However, the company experienced significant growth in operating income, ordinary income, and profit attributable to owners of the parent, indicating improved operational efficiency. Despite the decrease in comprehensive income, the company maintained a stable financial position with a slight decrease in total assets and net assets. The forecast for the fiscal year ending March 31, 2026, anticipates a further decline in net sales but an increase in operating and ordinary income, suggesting a focus on profitability amidst challenging market conditions.

The most recent analyst rating on (JP:6472) stock is a Hold with a Yen260.00 price target. To see the full list of analyst forecasts on NTN stock, see the JP:6472 Stock Forecast page.

NTN Corporation Adjusts Bond Conversion Price Following Dividend Approval

NTN Corporation has announced an adjustment to the conversion price of its Zero Coupon Convertible Bonds due 2025, effective from April 1, 2025. This adjustment is a result of an extraordinary dividend payment, approved at the company’s 126th Annual General Meeting, which affects the conversion price from ¥339.5 to ¥338.1 per share.

The most recent analyst rating on (JP:6472) stock is a Hold with a Yen250.00 price target. To see the full list of analyst forecasts on NTN stock, see the JP:6472 Stock Forecast page.

NTN Corporation Corrects Financial Results for FY 2025

NTN Corporation announced a correction to its previously released unaudited consolidated financial results for the fiscal year ended March 31, 2025. The company identified errors in the summary information and has since corrected these inaccuracies. This correction could impact stakeholders’ understanding of NTN’s financial health and forecasts for the upcoming fiscal year.

The most recent analyst rating on (JP:6472) stock is a Hold with a Yen250.00 price target. To see the full list of analyst forecasts on NTN stock, see the JP:6472 Stock Forecast page.

NTN Corporation Proposes Legal Reserve Reduction for Dividend Flexibility

NTN Corporation has announced a proposal to reduce its Legal retained reserve by transferring the amount to Retained earnings brought forward. This move is intended to enhance the flexibility of its dividend policy. The transaction will not affect the company’s net assets or business performance, indicating a strategic financial adjustment without operational impact.

The most recent analyst rating on (JP:6472) stock is a Hold with a Yen250.00 price target. To see the full list of analyst forecasts on NTN stock, see the JP:6472 Stock Forecast page.

NTN Corporation Reports Significant Financial Losses Amid Restructuring

NTN Corporation reported significant non-operating expenses and extraordinary losses for the fiscal year ending March 31, 2025, leading to discrepancies between forecasted and actual earnings. The company faced impairment losses due to restructuring and reduced profitability across various regions, impacting its financial performance and resulting in a lower profit attributable to owners than anticipated.

The most recent analyst rating on (JP:6472) stock is a Hold with a Yen250.00 price target. To see the full list of analyst forecasts on NTN stock, see the JP:6472 Stock Forecast page.

NTN Corporation Faces Financial Challenges in FY 2025

NTN Corporation reported a challenging fiscal year ending March 31, 2025, with a decline in net sales by 1.3% and a significant decrease in operating and ordinary income by 18.4% and 47.6% respectively. The company also faced a substantial net loss attributable to owners of the parent, amounting to 23,801 million yen. Despite these setbacks, NTN increased its annual dividend per share from 10.00 yen to 11.00 yen, indicating a commitment to shareholder returns. The financial results reflect a tough economic environment and operational challenges, impacting NTN’s market positioning and financial stability.

The most recent analyst rating on (JP:6472) stock is a Hold with a Yen250.00 price target. To see the full list of analyst forecasts on NTN stock, see the JP:6472 Stock Forecast page.