Obermatt

Flags

Financial distress

Nippon Paper Industries

TYO:3863 · JP3721600009
Paper & Forest ProductsLarge

360

13
EV / EBIT3
Price / Owner Earnings47
Owner Earnings Yield52
Dividend Yield43
Price/Sales94
EV / Gross Profit58
Price/Book100
Return on Capital29
Cash Return on Capital48
Return on Equity37
EBIT Margin21
Gross Profitability39
Cash Conversion91
Accruals57
Owner Earnings Margin47
Sales growth16
Profit Growth29
Long-Term EPS Growth83
Reinvestment87
Price momentum53
Debt load13
Refinancing91
Debt Payback7
Liquidity34
Analyst ratings6
Opinion Changes50
Price Target Upside16
Market mood37
Value Creation7/20creating 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

Nippon Paper Industries 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
IndustryPaper & Forest Products
SizeLarge
TypePublic Company
ExchangeTSE
Founded1949
Employees7
ISINJP3721600009
Last UpdateApr 2, 2026
Index & Theme
Utility Scale SolarOnshore and Offshore WindPackaging ServicesBio-based and Renewable MaterialsForestryBiomass EnergyGreen Consumer Goods

Description

Analysis

Middle-of-the-road

Nippon Paper Industries Co., Ltd. sits in the middle of our grid: average quality, average price, no obvious signal in either direction.

On valuation, the picture is attractive. The owner-earnings multiple stands at 6.4×; owner earnings: the cash an owner could take out each year. The implied growth embedded in that price is around -10% a year, against analyst forecasts of 16%. The price, in other words, assumes less than the experts do.

Growth is moderate; the safety picture is fragile. The company scores 7/20 on our value-creation score: creating some value. Analyst sentiment is cautious.

No flags apply to this company at this time: accounts, balance sheet, and cash quality all pass. A clean bill of health is meaningful, not just the absence of a warning. This analysis describes numbers; it is not investment advice.

360° rank · history

1007550250
47
2023202420252026

All-time high

65

Mar 2026

All-time low

7

Jan 2023

Average rank

38

across all years

Detailed & Historical Ranks

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

Current202520242023
Price/Sales
94
97
97
100
Price/Earnings
83
71
83
25
Price/Book
100
97
100
100
Dividend Yield
43
19
16
1
Value (overall)
90
71
79
49

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 →