NCLTY (Nitori Holdings Co) Earnings Yield (Joel Greenblatt) %: 9.40% (As of Mar. 2026) — 48% Above Median

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NCLTY Nitori Holdings Co Ltd NCLTY
86 GF Score
Price $7.24
GF Value $11.03
Valuation Significantly Undervalued
! 4 Warning Signs
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What is Nitori Holdings Co Earnings Yield (Joel Greenblatt) %?

Nitori Holdings Co NCLTY -3.75% 86 Earnings Yield (Joel Greenblatt) % is 9.40% as of Mar. 2026, which is 48% above its 10-year median of 6.36. GuruFocus rates NCLTY with a GF Score™ of 86/100 and a GF Value™ of $11.03 (Significantly Undervalued). The stock has 4 warning signs investors should review. Among 440 Furnishings, Fixtures & Appliances companies, Nitori Holdings Co ranks better than 72.27% on this metric.

Nitori Holdings Co's Enterprise Value for the quarter that ended in Mar. 2026 was $8,802 Mil. Nitori Holdings Co's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was $869 Mil. Nitori Holdings Co's Earnings Yield (Joel Greenblatt) for the quarter that ended in Mar. 2026 was 9.40%.

The historical rank and industry rank for Nitori Holdings Co's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:

NCLTY' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: 4.38   Med: 6.36   Max: 11.16
Current: 10.81

During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of Nitori Holdings Co was 11.16%. The lowest was 4.38%. And the median was 6.36%.

NCLTY's Earnings Yield (Joel Greenblatt) % is ranked better than
72.27% of 440 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 4.255 vs NCLTY: 10.81

Joel Greenblatt's definition of earnings yield has the same problems the regular earnings yield does. It does not consider the growth of the company. It only looks at one-year's business operation. For cyclical companies, the earnings yield is usually highest at the peak of the business cycle. But these earnings are rarely sustainable.

A better indicator of the attractiveness of an investment which takes growth into account is the Forward Rate of Return (Yacktman) %. Nitori Holdings Co's Forward Rate of Return (Yacktman) % for the quarter that ended in Mar. 2026 was 14.05%. The Forward Rate of Return uses the normalized Free Cash Flow of the past five years, and considers growth. The forward rate of return can be thought of as the return that investors buying the stock today can expect from it in the future.


Nitori Holdings Co  (OTCPK:NCLTY) Earnings Yield (Joel Greenblatt) % Explanation

Joel Greenblatt defines the earnings yield using the above equation because it more accurately reflects the company's profitability relative to its stock price. Items like interest payment and tax etc. are not directly related to the company's operational profitability.

Enterprise Value instead of market cap (share price) is used in the calculation because it is the real price stock and bond investors together pay for the company.


Be Aware

Joel Greenblatt's definition of earnings yield has the same problems the regular earnings yield does. It does not consider the growth of the company. It only looks at one-year's business operation. For cyclical companies, the earnings yield is usually highest at the peak of the business cycle. But these earnings are rarely sustainable.

Forward Rate of Return (Yacktman) % based on Don Yacktman's definition is a better measure of the expected rate of return for a stock.


Nitori Holdings Co Earnings Yield (Joel Greenblatt) % Related Terms


Nitori Holdings Co Earnings Yield (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Nitori Holdings Co's Earnings Yield (Joel Greenblatt) % 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.

Nitori Holdings Co Earnings Yield (Joel Greenblatt) % Chart

Nitori Holdings Co Annual Data
Trend Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Mar24 Mar25 Mar26
Earnings Yield (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.02 7.45 4.83 7.07 9.40

Nitori Holdings Co Quarterly Data
Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Earnings Yield (Joel Greenblatt) % 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 7.07 7.76 7.32 8.40 9.40

NCLTY vs SN, SGI, MHK: Earnings Yield (Joel Greenblatt) % Comparison

For the Furnishings, Fixtures & Appliances subindustry, Nitori Holdings Co's Earnings Yield (Joel Greenblatt) %, along with its competitors' market caps and Earnings Yield (Joel Greenblatt) % 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.


Nitori Holdings Co Earnings Yield (Joel Greenblatt) % vs Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Nitori Holdings Co's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Nitori Holdings Co's Earnings Yield (Joel Greenblatt) % falls into.


NCLTY
86GF Score
Nitori Holdings Co Ltd NCLTY
Earnings Yield (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
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Nitori Holdings Co Earnings Yield (Joel Greenblatt) % Calculation

In his book, The Little That Beat the Market, hedge fund manager Joel Greenblatt defines Earnings Yield as operating income divided by enterprise value.

Nitori Holdings Cos Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Mar. 2026 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=828.704/8801.50788
=9.42 %

Nitori Holdings Co's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $869 Mil.


What does a Earnings Yield (Joel Greenblatt) % of 9.40% mean?
Nitori Holdings Co (NCLTY) has a Earnings Yield (Joel Greenblatt) % of 9.40% as of Mar. 2026. Joel Greenblatt's earnings yield equals the ratio of earnings before interest and taxes to enterprise value. View historical data on Nitori Holdings Co and its competitors. This is 48% above median its historical median of 6.36. Over the past decade, Nitori Holdings Co's Earnings Yield (Joel Greenblatt) % has ranged from 4.38 to 11.16. According to the industry distribution chart, Nitori Holdings Co ranks #122 out of 440 companies in the Furnishings, Fixtures & Appliances industry, placing it in the top 27.7%.
Is Nitori Holdings Co's Earnings Yield (Joel Greenblatt) % too high?
Nitori Holdings Co's current Earnings Yield (Joel Greenblatt) % of 9.40% is 48% above median its 10-year median of 6.36. Over the past 10 years, this metric has ranged from a low of 4.38 to a high of 11.16. The Furnishings, Fixtures & Appliances industry median Earnings Yield (Joel Greenblatt) % is 4.26. Nitori Holdings Co's value of 9.40% is 120.9% above this industry median. Based on the distribution chart, Nitori Holdings Co ranks #122 out of 440 companies in the Furnishings, Fixtures & Appliances industry, which is above the industry midpoint. Overall, Nitori Holdings Co has a GF Score™ of 86/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Nitori Holdings Co's Earnings Yield (Joel Greenblatt) % compare to SN and SGI?
According to the Furnishings, Fixtures & Appliances industry distribution chart, Nitori Holdings Co ranks #122 out of 440 companies for Earnings Yield (Joel Greenblatt) %. This puts Nitori Holdings Co in the upper half of its industry. The industry median Earnings Yield (Joel Greenblatt) % is 4.26. Nitori Holdings Co's value of 9.40% is 120.9% above this benchmark. Historically, Nitori Holdings Co's own Earnings Yield (Joel Greenblatt) % has ranged from 4.38 to 11.16 over the past decade. While the company's 10-year median is 6.36 vs. the industry median of 4.26, Nitori Holdings Co has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Earnings Yield (Joel Greenblatt) % for a Furnishings, Fixtures & Appliances company?
The median Earnings Yield (Joel Greenblatt) % among Furnishings, Fixtures & Appliances companies is 4.26, based on 440 companies in the industry. Companies in the top quartile (top 25%) have a Earnings Yield (Joel Greenblatt) % significantly above this median, while those in the bottom quartile fall well below. However, Earnings Yield (Joel Greenblatt) % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Nitori Holdings Co's current Earnings Yield (Joel Greenblatt) % of 9.40% is 120.9% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Earnings Yield (Joel Greenblatt) % mean?
A high Earnings Yield (Joel Greenblatt) % can signal that a stock is expensive relative to its fundamentals. Joel Greenblatt's earnings yield equals the ratio of earnings before interest and taxes to enterprise value. View historical data on Nitori Holdings Co and its competitors. For the Furnishings, Fixtures & Appliances industry, the median Earnings Yield (Joel Greenblatt) % is 4.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nitori Holdings Co's current Earnings Yield (Joel Greenblatt) % is 9.40%, which is 48% above median its own 10-year median of 6.36. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nitori Holdings Co stock overvalued right now?
Based on GuruFocus' analysis, Nitori Holdings Co (NCLTY) is currently considered Significantly Undervalued. The stock's GF Value™ is $11.03, compared to a current price of $7.24 — trading 34.4% below its estimated fair value. The current Earnings Yield (Joel Greenblatt) % is 9.40%, which is 48% above median its 10-year median of 6.36 and 120.9% above the Furnishings, Fixtures & Appliances industry median of 4.26. Nitori Holdings Co's overall GF Score™ is 86/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Earnings Yield (Joel Greenblatt) % calculated?
Earnings Yield (Joel Greenblatt) % is calculated from a company's financial statements. For Nitori Holdings Co (NCLTY), the current Earnings Yield (Joel Greenblatt) % is 9.40% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Nitori Holdings Co (NCLTY) Overvalued in 2026?

Based on GuruFocus' analysis, Nitori Holdings Co stock appears to be undervalued. The current stock price of $7.24 is trading 34.4% below its estimated GF Value™ of $11.03. GuruFocus considers Nitori Holdings Co to be Significantly Undervalued.

Key valuation signals for NCLTY:

  • Earnings Yield (Joel Greenblatt) %: 9.40% (48% above median its 10-year median of 6.36)
  • GF Value™: $11.03 vs. price of $7.24 (34.4% below fair value)
  • GF Score™: 86/100 with 4 warning signs
  • Industry Position: 120.9% above the Furnishings, Fixtures & Appliances median (#122 of 440)

No single metric tells the full story. See the NCLTY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Nitori Holdings Co Business Description

Other Exchanges NCLTF:USA9843:Japan
Address 6-20 Kamiya 3-chome, Kita-ku, Tokyo, JPN, 115-0043
Nitori Holdings Co Ltd is a Japan-based company engaged in the sale of furniture and interior goods. The company operates through two business segments. The Nitori Business segment is involved in the development, manufacturing, and sale of furniture and interior goods, along with activities such as real estate leasing, advertising, and logistics services. The Shimachu Business segment focuses on the sale of furniture, interior goods, and home center products. It generates the majority of its revenue from the Nitori Business segment.
86GF Score

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Earnings Yield (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$7.24
Price
$11.03
GF Value