Nitto Denko (NDEKY) Stock Price, News & Analysis

Company Overview

Nitto Denko Corporation, trading over‐the‐counter in the U.S. under the symbol NDEKY, is a Japan‐based manufacturer specializing in advanced materials and components. The company’s core offerings include pressure-sensitive adhesive tapes, optical films, and functional polymers used across a broad spectrum of industries. With a focus on innovation, Nitto Denko develops solutions for electronics, automotive, and healthcare markets, leveraging proprietary coating, lamination and microfabrication technologies.

The company’s product portfolio spans display materials—such as polarizing films for LCD panels—semiconductor device protection tapes, thermal interface materials for heat dissipation, and a range of industrial adhesive products. In the medical segment, Nitto Denko supplies diagnostic test strips and catheter components, as well as other devices used in minimally invasive therapies. These offerings are distributed through a global network of manufacturing facilities and sales offices covering Asia, Europe, North America and other key regions.

Founded in 1918 in Ibaraki, Osaka Prefecture, Nitto Denko has grown from a domestic electric insulator producer into a multinational materials science company. The firm adopted its current name in 1972 to reflect its expanded focus on polymer chemistry and electronics. Headquartered in Osaka, Nitto Denko is led by President and CEO Yoshiharu Inaba, under whose direction the company has emphasized R&D investment and strategic partnerships. Over the past decade, Nitto Denko has bolstered its position through capacity expansions and targeted acquisitions, reinforcing its reputation as a supplier of high-performance specialty materials.

Key Stats

• Today's Range: $18.93 to $19.25
• 50-Day Range: $18.37 to $21.67
• 52-Week Range: $16.43 to $26.48
• Volume: 70,856 shs
• Average Volume: 212,580 shs
• Market Capitalization: $13.00 billion
• P/E Ratio: 14.62
• Dividend Yield: 0.57%
• Price Target: N/A
• Consensus Rating: Strong Buy

Nitto Denko Stock Analysis - MarketRank™

Nitto Denko scored higher than 30% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 0.0 / 5
• Analyst Rating: Strong Buy

Amount of Analyst Coverage

Nitto Denko has received no research coverage in the past 90 days.

Earnings and Valuation

• Score: 1.3 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Nitto Denko is 14.62, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 39.29.

Price to Earnings Ratio vs. Sector

The P/E ratio of Nitto Denko is 14.62, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 82.13.

Price to Book Value per Share Ratio

Nitto Denko has a P/B Ratio of 1.96. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 5.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

0.00% of the float of Nitto Denko has been sold short.

Short Interest Ratio / Days to Cover

Nitto Denko has a short interest ratio ("days to cover") of 0.01, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Nitto Denko has recently decreased by 75.09%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Yield

Nitto Denko pays a meaningful dividend of 1.16%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

Nitto Denko does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Nitto Denko is 8.40%. This payout ratio is at a healthy, sustainable level, below 75%.

News and Social Media

• Score: 3.1 / 5
• News Sentiment: N/A

News Sentiment

Nitto Denko has a news sentiment score of 1.00. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.74 average news sentiment score of Computer and Technology companies.

News Coverage This Week

MarketBeat has tracked 1 news article for Nitto Denko this week, compared to 0 articles on an average week.

Company Ownership

• Score: N/A
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Nitto Denko insiders have not sold or bought any company stock.

Percentage Held by Institutions

Nitto Denko has minimal institutional ownership at this time.

Company Calendar

• Last Earnings: 4/27/2026
• Today: 6/02/2026
• Next Earnings (Estimated): 7/29/2026
• Fiscal Year End: 3/31/2027

Industry, Sector and Symbol

• Stock Exchange: OTCMKTS
• Sector: Computer and Technology
• Industry: Semi - Communications
• Sub-Industry: Personal Services
• Current Symbol: OTCMKTS:NDEKY
• Previous Symbol: NASDAQ:NDEKY
• CIK: 353991
• Web: www.nitto.com
• Phone: (167) 632-2101
• Fax: 816-7632-2102
• Employees: 27,915
• Year Founded: 1918

Profitability

• EPS (Trailing Twelve Months): $1.31
• Trailing P/E Ratio: 14.62
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $886.83 million
• Net Margins: 13.00%
• Pretax Margin: N/A
• Return on Equity: 12.47%
• Return on Assets: 9.93%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 3.56
• Quick Ratio: 2.83

Sales & Book Value

• Annual Sales: $6.83 billion
• Price / Sales: 1.90
• Cash Flow: $1.93 per share
• Price / Cash Flow: 9.92
• Book Value: $9.76 per share
• Price / Book: 1.96

Miscellaneous

• Outstanding Shares: 678,660,000
• Free Float: N/A
• Market Cap: $13.00 billion
• Optionable: Not Optionable
• Beta: 0.87