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Nitta (TSE:5186) EV-to-EBIT : 6.08 (As of May. 04, 2024)


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What is Nitta EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Nitta's Enterprise Value is 円72,269 Mil. Nitta's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was 円11,886 Mil. Therefore, Nitta's EV-to-EBIT for today is 6.08.

The historical rank and industry rank for Nitta's EV-to-EBIT or its related term are showing as below:

TSE:5186' s EV-to-EBIT Range Over the Past 10 Years
Min: 3.16   Med: 6.28   Max: 11.76
Current: 6.08

During the past 13 years, the highest EV-to-EBIT of Nitta was 11.76. The lowest was 3.16. And the median was 6.28.

TSE:5186's EV-to-EBIT is ranked better than
86.92% of 2370 companies
in the Industrial Products industry
Industry Median: 16.955 vs TSE:5186: 6.08

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Nitta's Enterprise Value for the quarter that ended in Dec. 2023 was 円62,866 Mil. Nitta's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was 円11,886 Mil. Nitta's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 18.91%.


Nitta EV-to-EBIT Historical Data

The historical data trend for Nitta's EV-to-EBIT can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Nitta EV-to-EBIT Chart

Nitta Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
EV-to-EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.79 4.44 7.96 3.46 3.39

Nitta Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
EV-to-EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.25 3.39 3.76 4.38 5.29

Competitive Comparison of Nitta's EV-to-EBIT

For the Specialty Industrial Machinery subindustry, Nitta's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Nitta's EV-to-EBIT Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Nitta's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Nitta's EV-to-EBIT falls into.



Nitta EV-to-EBIT Calculation

Nitta's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=72269.107/11886
=6.08

Nitta's current Enterprise Value is 円72,269 Mil.
Nitta's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was 円11,886 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Nitta  (TSE:5186) EV-to-EBIT Explanation

This is a more accurate valuation of companies' operation because it considers the debt and cash on its balance sheet, and non-operating items such as interest payment, tax, and one-time items are not included in the Operating Income.

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %.

Nitta's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Dec. 2023 ) =EBIT / Enterprise Value (Q: Dec. 2023 )
=11886/62866.22
=18.91 %

Nitta's Enterprise Value for the quarter that ended in Dec. 2023 was 円62,866 Mil.
Nitta's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was 円11,886 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Nitta EV-to-EBIT Related Terms

Thank you for viewing the detailed overview of Nitta's EV-to-EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.


Nitta (TSE:5186) Business Description

Traded in Other Exchanges
N/A
Address
4-4-26 Sakuragawa, Naniwa-ku, Osaka, JPN, 556-0022
Nitta Corp is a Japan-based company that manufactures and distributes a wide range of industrial products. The company's product line comprises conveyor belts and units, tubes and fittings, industrial wiper and molded rubber products, mechatronic products, magnetic sheets, and so on. The company's conveyor belt products are distributed under trademarks including PolySprint, Polybelt, New Light Grip, and SEB. The company's conveyor unit products include curve conveyor units, spiral conveyor units, and nonsnaking conveyor units. Nitta Corp's tube and fitting products are applied in pneumatic equipment, semiconductor equipment, industrial robots, and others. The company's wiper products include slide seals, lip seals, telesco seals, and others.

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