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5991.T

NHK Spring Co., Ltd. (5991.T) fair value

Consumer Cyclical · Auto Parts · TSE · Japan
¥3088.00-4.04%
Market cap ¥625.6BNext earnings 2026-11-12Updated Oct 24, 2026 · valuation updating
Our verdict
No fair value
We are missing the financial data our models need for this company. It will appear once the data arrives.
Not valued: there are no financial statements on file yet.
ACCE opinionNHK Spring Co., Ltd. (5991.T)
Fair value
Not available
ACCE price target
¥3310
Rating
Not rated
Horizon
12 months
ACCE price target published on 23 Oct 2026, 01:53 CEST.
Price used: ¥3088 at the close on 23 Oct 2026, 08:30 CEST.
Fair value: the average of the applicable valuation models (discounted cash flow, multiples, residual income, dividend discount, shareholder yield), each run on the latest financial statements and the market price shown. Opinion columns (fair value, target, rating) are shown apart from the data. Full methodology: acceinvestments.com/data/how-we-value-stocks
Full methodology
Conflicts of interest: The author holds no personal position in this security. General statement
Produced by ACCE Investments (acceinvestments.com)
Data
ACCE score
64
out of 100
P/E
18.1x
forward 16.3x
1-year return
+8.9%
Dividend yield
2.24%

NHK Spring Co., Ltd. in four questions

Plain answers, details below
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OverviewAsk ACCEValuationQualityAnalystsSmart MoneyCompareNews and Record

Overview

ACCE thesis

NHK Spring makes automotive suspension springs, stabilizer bars and seats for Japanese and global carmakers, and it is also a large supplier of precision springs and seating components beyond autos. Its moat is manufacturing scale and long-running qualification with OEMs, since a suspension part is locked into a platform for years once approved. Revenue grew 8.1% and the stock trades at 18.9 times trailing earnings and 17.0 times forward, a modest discount to where a growing auto supplier usually sits. Margins are thin, with a 14.2% gross margin and 6.6% operating margin, so the case rests on whether volume growth and pricing can keep lifting operating profit faster than costs. Return on equity of 8.1% is the figure to test against the balance sheet before this earns a deeper look.

AI-assisted·How I use AIWritten Oct 23, 2026

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Valuation

INVESTOR
Where 5991.T's valuation models land
Price
¥3088.00
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Quality

INVESTOR
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Wall Street consensus

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Smart Money

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In one line

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Company insiders
No trades filed
Last 90 days
Congress
No trades filed
Last 180 days
Average delay
No trades filed
From trade to public filing
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Where it sits vs peers

News and Record

Recent performance

1 week
-10.9%
1 month
-8.9%
3 months
-15.6%
6 months
+10.9%
YTD
+22.7%
1 year
+8.9%

Recommendation history, last 12 months

DateTypeNewPreviousPrice
23 Oct 2026, 01:53 CESTACCE price target¥3310first publication¥3218

This analysis is not personalised investment advice and does not take your situation, objectives or risk tolerance into account. ACCE Investments is not an authorised investment firm.

Investing in shares carries a risk of losing capital. The value of an investment can go down as well as up.

This security trades in JPY. Exchange-rate movements can increase or reduce the result in your own currency.

Valuation horizon: 12 months from the publication date.

Conflicts of interest. ACCE Investments is operated by Adrien Chantreuil, who may hold personal positions in the securities analysed. Positions are declared on each security. ACCE receives no payment from the companies analysed or from any intermediary for this analysis.

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Snapshot

Growth76Value72Quality48Momentum61Total64
Valuation
Trailing P/E
18.1x
Forward P/E
16.3x
PEG
0.24
P/B
no data
EV / Revenue
no data
Book value/sh
no data
Enterprise value
no data
Profitability
ROE
8.1%
FCF yield
no data
ROIC
no data
Health and risk
Debt / equity
0.13
Dividend yield
2.24%
Beta
no data

Price

+7.4% · 1Y

Ask anything about 5991.T

Answered from NHK Spring Co., Ltd. fundamentals + recent valuations. Every number shows its source and date.

This stock Peer Peer median weaker → stronger
P/Ebetter than 67% of peers
low 8.3x18.1xhigh 33.8x
ROEbetter than 50% of peers
low 3%8%high 12%
Div yieldbetter than 33% of peers
low 0.5%2.2%high 4.3%

Peers

Prices Oct 23, 2026
CompanyPriceFair valuevs fair valueP/EROEQualityScore
5991.T NHK Spring Co., Ltd.¥3088.00--18.1x8.1%4864
5105.T Toyo Tire Corporation¥4147.00--10.6x11.6%6359
6473.T JTEKT Corporation¥2038.00--33.6x2.7%4364
7276.T Koito Manufacturing Co., Ltd.¥2640.00--32.9x3.8%3961
BALKRISIND.NS Balkrishna Industries Limited₹2110.20--29.0x-8066
ENDURANCE.NS Endurance Technologies Limited₹2329.70--33.8x-7153
5110.T Sumitomo Rubber Industries, Ltd.¥1964.00--8.3x9.0%5262

Sector report card

Where 5991.T ranks against its sector peers on each metric.

Computing percentiles…