Obermatt

NSD

TYO:9759 · JP3712600000
IT ServicesMedium

360

81
Medium confidence — indicative
EV / EBIT69
Price / Owner Earnings67
Owner Earnings Yield87
Dividend Yield91
Price/Sales70
EV / Gross Profit36
Price/Book47
Return on Capital88
Cash Return on Capital85
Return on Equity72
EBIT Margin97
Gross Profitability64
Cash Conversion32
Accruals43
Owner Earnings Margin92
Sales growth52
Profit Growth39
Long-Term EPS Growth37
Reinvestment74
Price momentum32
Debt load64
Refinancing67
Debt Payback100
Liquidity100
Analyst ratings100
Opinion Changes2
Price Target Upside87
Market mood8
Value Creation13/20creating some value
  • Creates more value than its capital costs
  • Owner earnings growing
  • Owner earnings per share growing
  • Reinvests at strong returns
  • Solid earnings base

What this means

NSD clears its cost of capital, but the record is mixed across the five tests. Real value creation, just not yet consistent.

Based on 3/5 components.

Profile

CountryJapan
IndustryIT Services
SizeMedium
TypePublic Company
ExchangeTSE
Founded1969
Websitensd.co.jp
ISINJP3712600000
Last UpdateApr 2, 2026
Index & Theme
Network SecurityCloud Data ServicesCloud InfrastructureCloud ManagementIaaS (Infrastructure as a Service)Software DevelopmentInformation Technology

Description

Analysis

Quality compounder

NSD Co., Ltd. earns the quality_compounder label: good underlying economics priced fairly, with no obvious bargain or excess. Worth noting: the cash the business generates has lagged behind what the income statement shows.

On valuation, the picture is attractive. The owner-earnings multiple stands at 11.8×; owner earnings: the cash an owner could take out each year.

Growth is moderate; the safety picture is uncertain. The company scores 13/20 on our value-creation score: creating some value.

Flags to be aware of: Reported profits have run ahead of actual cash for several periods. As always: this describes the company's numbers; it is not a recommendation.

360° rank · history

1007550250
87
2023202420252026

All-time high

91

Mar 2026

All-time low

56

Jan 2024

Average rank

74

across all years

Detailed & Historical Ranks

Deep dive into 15 detailed ranks and 3 years of history.

Current202520242023
Price/Sales
70
43
57
59
Price/Earnings
63
56
57
67
Price/Book
47
34
33
51
Dividend Yield
91
75
78
86
Value (overall)
86
49
49
65

Cells are coloured by rank band (red weak → green strong). Sentiment & 360° history begins 2023.

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Make Sense of the Ranks

Every rank runs 1–100 against true peers. Higher is always better.

360° View
1 · Watch OutGood· 100
Value
1 · ExpensiveGood Value· 100
Quality
1 · Weak FundamentalsHigh Quality· 100
Growth
1 · Tough TimesHigh Growth· 100
Safety
1 · High LeverageWell-Financed· 100
Sentiment
1 · SkepticismPositive· 100
Learn More →