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Nittoc Construction CoTSE:1929 -0.32%75 Earnings Yield (Joel Greenblatt) % is 22.09% as of Jun. 2026, which is 21% below its 10-year median of 27.93. GuruFocus rates TSE:1929 with a GF Score™ of 75/100 and a GF Value™ of 円1,291.93 (Fairly Valued). The stock has 2 warning signs investors should review. Among 1,808 Construction companies, Nittoc Construction Co ranks better than 82.3% on this metric.
Nittoc Construction Co's Enterprise Value for the quarter that ended in Jun. 2026 was 円28,013 Mil.
Nittoc Construction Co's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 was 円6,186 Mil. Nittoc Construction Co's Earnings Yield (Joel Greenblatt) for the quarter that ended in Jun. 2026 was 22.09%.
The historical rank and industry rank for Nittoc Construction Co's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
TSE:1929'
s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: 2.85 Med: 27.93 Max: 101.39
Current: 15.6
During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of Nittoc Construction Co was 101.39%. The lowest was 2.85%. And the median was 27.93%.
TSE:1929's Earnings Yield (Joel Greenblatt) % is ranked better than 82.3% of 1808
companies
in the Construction industry
Industry Median: 6.365
vs TSE:1929: 15.60
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) %. Nittoc Construction Co's Forward Rate of Return (Yacktman) % for the quarter that ended in Jun. 2026 was 2.15%. 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.
Nittoc Construction Co (TSE:1929) 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.
Nittoc Construction Co Earnings Yield (Joel Greenblatt) % Related Terms
Nittoc Construction Co Earnings Yield (Joel Greenblatt) % Historical Data
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The historical data trend for Nittoc Construction 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.
Nittoc Construction Co Earnings Yield (Joel Greenblatt) % Chart
For the Engineering & Construction subindustry, Nittoc Construction 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.
Nittoc Construction Co Earnings Yield (Joel Greenblatt) % vs Construction Industry
For the Construction industry and Industrials sector, Nittoc Construction Co's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Nittoc Construction Co's Earnings Yield (Joel Greenblatt) % falls into.
Nittoc Construction 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.
Nittoc Construction Cos Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Mar. 2026 is calculated as
Nittoc Construction Co's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was 円6,186 Mil.
What does a Earnings Yield (Joel Greenblatt) % of 22.09% mean?
Nittoc Construction Co (TSE:1929) has a Earnings Yield (Joel Greenblatt) % of 22.09% as of Jun. 2026. Joel Greenblatt's earnings yield equals the ratio of earnings before interest and taxes to enterprise value. View historical data on Nittoc Construction Co and its competitors. This is 21% below median its historical median of 27.93. Over the past decade, Nittoc Construction Co's Earnings Yield (Joel Greenblatt) % has ranged from 2.85 to 101.39. According to the industry distribution chart, Nittoc Construction Co ranks #320 out of 1808 companies in the Construction industry, placing it in the top 17.7%.
Is Nittoc Construction Co's Earnings Yield (Joel Greenblatt) % too high?
Nittoc Construction Co's current Earnings Yield (Joel Greenblatt) % of 22.09% is 21% below median its 10-year median of 27.93. Over the past 10 years, this metric has ranged from a low of 2.85 to a high of 101.39. The Construction industry median Earnings Yield (Joel Greenblatt) % is 6.37. Nittoc Construction Co's value of 22.09% is 247.1% above this industry median. Based on the distribution chart, Nittoc Construction Co ranks #320 out of 1808 companies in the Construction industry, which is in the top quartile — a strong position relative to peers. Overall, Nittoc Construction Co has a GF Score™ of 75/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Nittoc Construction Co's Earnings Yield (Joel Greenblatt) % compare to PWR and FIX?
According to the Construction industry distribution chart, Nittoc Construction Co ranks #320 out of 1808 companies for Earnings Yield (Joel Greenblatt) %. This places Nittoc Construction Co in the top 18% of its industry — outperforming the majority of peers. The industry median Earnings Yield (Joel Greenblatt) % is 6.37. Nittoc Construction Co's value of 22.09% is 247.1% above this benchmark. Historically, Nittoc Construction Co's own Earnings Yield (Joel Greenblatt) % has ranged from 2.85 to 101.39 over the past decade. While the company's 10-year median is 27.93 vs. the industry median of 6.37, Nittoc Construction 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 Construction company?
The median Earnings Yield (Joel Greenblatt) % among Construction companies is 6.37, based on 1,808 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. Nittoc Construction Co's current Earnings Yield (Joel Greenblatt) % of 22.09% is 247.1% 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 Nittoc Construction Co and its competitors. For the Construction industry, the median Earnings Yield (Joel Greenblatt) % is 6.37 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nittoc Construction Co's current Earnings Yield (Joel Greenblatt) % is 22.09%, which is 21% below median its own 10-year median of 27.93. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nittoc Construction Co stock overvalued right now?
Based on GuruFocus' analysis, Nittoc Construction Co (TSE:1929) is currently considered Fairly Valued. The stock's GF Value™ is 円1,291.93, compared to a current price of 円1,241.00 — trading 3.9% below its estimated fair value. The current Earnings Yield (Joel Greenblatt) % is 22.09%, which is 21% below median its 10-year median of 27.93 and 247.1% above the Construction industry median of 6.37. Nittoc Construction Co's overall GF Score™ is 75/100 with 2 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 Nittoc Construction Co (TSE:1929), the current Earnings Yield (Joel Greenblatt) % is 22.09% as of Jun. 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 Nittoc Construction Co (TSE:1929) Overvalued in 2026?
Based on GuruFocus' analysis, Nittoc Construction Co stock appears to be undervalued.
The current stock price of 円1,241.00 is trading 3.9% below its estimated GF Value™ of 円1,291.93.
GuruFocus considers Nittoc Construction Co to be Fairly Valued.
Key valuation signals for TSE:1929:
Earnings Yield (Joel Greenblatt) %: 22.09% (21% below median its 10-year median of 27.93)
GF Value™: 円1,291.93 vs. price of 円1,241.00 (3.9% below fair value)
Industry Position: 247.1% above the Construction median (#320 of 1808)
No single metric tells the full story. See the TSE:1929 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nittoc Construction Co Ltd is engaged in the construction business as well as several other business activities such as sales of merchandise and materials. Its services include Revegetation Works, Temporary Anchoring Works, Riverbank and Shoreline Embankment Protection, Slope Stabilization and Vegetation Works, Slope Protection, Landslide Mitigation Works, Rock Slope Failure Prevention, Ground Anchors and Anchored Systems, Retaining Walls Construction, and Structural Diagnostics.
75GF Score
Get the complete analysis for TSE:1929
Earnings Yield (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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