Niterra (NGKSY) vs. Its Competitors Critical Comparison

Niterra (OTCMKTS:NGKSY) is one of 94 public companies in the “Auto Parts” industry, but how does it weigh in compared to its competitors? We will compare Niterra to related companies based on the strength of its earnings, valuation, analyst recommendations, institutional ownership, profitability, risk and dividends.

Insider and Institutional Ownership

28.3% of shares of all “Auto Parts” companies are owned by institutional investors. 37.8% of shares of all “Auto Parts” companies are owned by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company will outperform the market over the long term.

Profitability

This table compares Niterra and its competitors’ net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Niterra	N/A	N/A	N/A
Niterra Competitors	-8.09%	-12.82%	1.20%

Valuation and Earnings

This table compares Niterra and its competitors gross revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Net Income	Price/Earnings Ratio
Niterra	N/A	N/A	0.08
Niterra Competitors	$3.16 billion	$120.38 million	212.74

Niterra’s competitors have higher revenue and earnings than Niterra. Niterra is trading at a lower price-to-earnings ratio than its competitors, indicating that it is currently more affordable than other companies in its industry.

Analyst Recommendations

This is a summary of current ratings and price targets for Niterra and its competitors, as reported by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Niterra	1	0	0	0	1.00
Niterra Competitors	327	1262	1803	15	2.44

As a group, “Auto Parts” companies have a potential upside of 8.87%. Given Niterra’s competitors stronger consensus rating and higher probable upside, analysts clearly believe Niterra has less favorable growth aspects than its competitors.

Summary

Niterra competitors beat Niterra on 9 of the 11 factors compared.

Niterra Company Profile

Niterra Co., Ltd., together with its subsidiaries, manufactures and sells spark plugs and related products for internal-combustion engines and technical ceramics in Japan and internationally. The company offers spark plugs, including plugs for aftermarket and original equipment, igniter plugs, and resistor cables and covers; glow plugs comprising ceramic and metal type glow plugs, and glow controllers; and oxygen, NOx, temperature, and knock sensors. It also provides semiconductor packages and substrates, such as IC packages for electronics and smart devices, as well as manufacturing parts for semiconductors; and medical products. In addition, the company offers fine ceramics, including wear-resistant parts, ultrasonic transducers and sensors, products for semiconductor manufacturing equipment, electric equipment products, and other ceramic products. Further, it provides cutting tools comprising ceramic, micro grain carbide, coated carbide, and cubic boron nitride grades, as well as SS and rotational tools. The company sells its spark and glow plugs under the NGK brand; and sensors, semiconductor packages/substrates, cutting tools, oxygen concentrators, and piezoelectric and fine ceramics under the NTK brand. The company was formerly known as NGK Spark Plug Co., Ltd. and changed its name to Niterra Co., Ltd. in April 2023. Niterra Co., Ltd. was founded in 1936 and is headquartered in Nagoya, Japan.