NTN Corporation makes bearings, drive-train components and related industrial parts in Japan, a category where long qualification cycles with automakers and machinery builders give incumbents sticky, repeat business. The company's advantage is its installed position in those supply chains rather than any headline product, and that is hard to replicate quickly. Revenue growth of 6.7% is running ahead of what its thin 3.9% operating margin would suggest is typical for the group, so the question is whether that top-line momentum can translate into better profitability. At 16.9 times trailing and 15.1 times forward earnings, the stock is not pricing in a dramatic margin recovery, which makes the operating leverage case the one to test. Its 5.3% ROE and 18.6% gross margin are modest, so the thesis rests on execution rather than on a moat that is already visible in the returns.
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| Date | Type | New | Previous | Price |
|---|---|---|---|---|
| 23 Oct 2026, 01:53 CEST | ACCE price target | ¥359 | first publication | ¥359 |
Answered from NTN Corporation fundamentals + recent valuations. Every number shows its source and date.
| Company | Price | Fair value | vs fair value | P/E | ROE | Quality | Score |
|---|---|---|---|---|---|---|---|
| 6472.T NTN Corporation | ¥354.20 | - | - | 16.7x | 5.3% | 39 | 62 |
| HLMN Hillman Solutions Corp. Common Stock | $7.20 | $10 | 29% below | 36.8x | 3.4% | 55 | 51 |
| RCH.TO Richelieu Hardware Ltd. | C$37.82 | C$38 | 1% below | 23.0x | 9.8% | 52 | 61 |
| HUSQ-A.ST Husqvarna AB (publ) | kr 33.35 | kr 55 | 39% below | 18.6x | 4.1% | 42 | 40 |
| KMT Kennametal Inc. Common Stock | $29.46 | $50 | 41% below | 6.7x | 23.8% | 84 | 75 |
| EIN.DE Einhell Germany AG | €62.70 | €94 | 33% below | 9.4x | 15.5% | 72 | 44 |
| NOEJ.DE NORMA Group SE | €15.02 | €9 | 69% above | - | -12.4% | 53 | 45 |
Where 6472.T ranks against its sector peers on each metric.