Nippon Electric Glass makes specialty glass for displays and electronics, including the alkali-free substrates used in LCD and OLED panels and the cover glass and glass-ceramic materials sold into electronics and automotive. Its edge is a niche materials position where qualification cycles are long and switching is costly, which supports pricing and customer stickiness even in a cyclical end market. Revenue growth of 3.0% is modest, and a 5.7% operating margin leaves little cushion, so the case rests on a recovery in display demand and improved mix rather than on current momentum. At 26.3x forward earnings against a trailing 15.4x, the market is pricing in a meaningful earnings rebound that the 5.5% ROE does not yet show. It is worth a deeper look to test whether the margin recovery is credible, and not on the strength of the present numbers.
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| Date | Type | New | Previous | Price |
|---|---|---|---|---|
| 23 Oct 2026, 01:52 CEST | ACCE price target | ¥5200 | first publication | ¥4993 |
Answered from Nippon Electric Glass Co., Ltd. fundamentals + recent valuations. Every number shows its source and date.
| Company | Price | Fair value | vs fair value | P/E | ROE | Quality | Score |
|---|---|---|---|---|---|---|---|
| 5214.T Nippon Electric Glass Co., Ltd. | ¥4859.00 | - | - | 15.2x | 5.5% | 55 | 41 |
| 6770.T Alps Alpine Co., Ltd. | ¥2093.00 | - | - | 16.1x | 6.2% | 47 | 44 |
| 6787.T Meiko Electronics Co., Ltd. | ¥18900.00 | - | - | 29.2x | 15.3% | 55 | 56 |
| 4980.T Dexerials Corporation | ¥3058.00 | - | - | 19.1x | - | 95 | 71 |
| NCAB.ST NCAB Group AB (publ) | kr 77.00 | kr 37 | 111% above | 55.6x | 18.9% | 64 | 65 |
| 5344.T Maruwa Co.,Ltd. | ¥47700.00 | - | - | 30.6x | - | 93 | 60 |
| 6965.T Hamamatsu Photonics K.K. | ¥2086.50 | - | - | 36.2x | 5.5% | 67 | 64 |
Where 5214.T ranks against its sector peers on each metric.