NHKGF (NHK Spring Co) EBIT: $334 Mil (TTM As of Mar. 2026)


NHKGF NHK Spring Co Ltd NHKGF
78 GF Score
Price $24.51
GF Value $11.30
Valuation Significantly Overvalued
! 6 Warning Signs
View Full Analysis

What is NHK Spring Co EBIT?

NHK Spring Co NHKGF 78 EBIT is $334 Mil as of Mar. 2026. GuruFocus rates NHKGF with a GF Score™ of 78/100 and a GF Value™ of $11.30 (Significantly Overvalued). The stock has 6 warning signs investors should review.

NHK Spring Co's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was $88 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was $334 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. NHK Spring Co's annualized ROC % for the quarter that ended in Mar. 2026 was 2.16%. NHK Spring Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 16.54%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. NHK Spring Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 6.96%.

NHK Spring Co  (OTCPK:NHKGF) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

NHK Spring Co's annualized ROC % for the quarter that ended in Mar. 2026 is calculated as:

ROC % (Q: Mar. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2025 ) + Invested Capital (Q: Mar. 2026 ))/ count )
=362.812 * ( 1 - 80.06% )/( (3412.987 + 3293.225)/ 2 )
=72.3447128/3353.106
=2.16 %

where

Invested Capital(Q: Dec. 2025 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=4688.721 - 617.253 - ( 658.481 - max(0, 1322.676 - 2556.079+658.481))
=3412.987

Invested Capital(Q: Mar. 2026 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=4653.626 - 677.27 - ( 683.131 - max(0, 1259.432 - 2580.911+683.131))
=3293.225

Note: The Operating Income data used here is four times the quarterly (Mar. 2026) data.

2. Joel Greenblatt's definition of Return on Capital:

NHK Spring Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=351.14/( ( (1260.135 + max(867.678, 0)) + (1242.177 + max(875.494, 0)) )/ 2 )
=351.14/( ( 2127.813 + 2117.671 )/ 2 )
=351.14/2122.742
=16.54 %

where Working Capital is:

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(960.581 + 632.159 + 192.765) - (617.253 + 0 + 300.574)
=867.678

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(998.918 + 605.567 + 293.295) - (677.27 + 0 + 345.016)
=875.494

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

NHK Spring Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=333.975/4800.311
=6.96 %

* 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.

NHK Spring Co EBIT Related Terms

NHK Spring Co EBIT Historical Data

* Premium members only.

The historical data trend for NHK Spring Co's 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.

NHK Spring Co EBIT Chart

NHK Spring Co Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 425.51 228.72 380.52 402.54 320.89

NHK Spring Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 121.98 84.34 53.47 108.38 87.79

NHKGF vs ORLY, AZO: EBIT Comparison

For the Auto Parts subindustry, NHK Spring Co'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.

NHK Spring Co EV-to-EBIT vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, NHK Spring Co's EV-to-EBIT distribution charts can be found below:

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


NHKGF
78GF Score
NHK Spring Co Ltd NHKGF
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

NHK Spring Co EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

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 $334 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.

Frequently Asked Questions Learn more about EBIT →
What does a EBIT of $334 Mil mean?
NHK Spring Co (NHKGF) has a EBIT of $334 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on NHK Spring Co.
Is NHK Spring Co's EBIT too high?
NHK Spring Co's current EBIT is $334 Mil. Overall, NHK Spring Co has a GF Score™ of 78/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does NHK Spring Co's EBIT compare to ORLY and AZO?
NHK Spring Co's EBIT of $334 Mil can be compared against companies in the Vehicles & Parts industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBIT for a Vehicles & Parts company?
A good EBIT depends on the Vehicles & Parts industry context. However, EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EBIT mean?
A high EBIT can signal that a stock is expensive relative to its fundamentals. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on NHK Spring Co. NHK Spring Co's current EBIT is $334 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NHK Spring Co stock overvalued right now?
Based on GuruFocus' analysis, NHK Spring Co (NHKGF) is currently considered Significantly Overvalued. The stock's GF Value™ is $11.30, compared to a current price of $24.51 — trading 116.9% above its estimated fair value. The current EBIT is $334 Mil. NHK Spring Co's overall GF Score™ is 78/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBIT calculated?
EBIT is calculated from a company's financial statements. For NHK Spring Co (NHKGF), the current EBIT is $334 Mil 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 NHK Spring Co (NHKGF) Overvalued in 2026?

Based on GuruFocus' analysis, NHK Spring Co stock appears to be overvalued. The current stock price of $24.51 is trading 116.9% above its estimated GF Value™ of $11.30. GuruFocus considers NHK Spring Co to be Significantly Overvalued.

Key valuation signals for NHKGF:

  • EBIT: $334 Mil
  • GF Value™: $11.30 vs. price of $24.51 (116.9% above fair value)
  • GF Score™: 78/100 with 6 warning signs

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

NHK Spring Co Business Description

Other Exchanges 5991:Japan
Address 3-10 Fukuura, Kanazawa-ku, Yokohama, JPN, 236-0004
NHK Spring Co Ltd is a Japanese manufacturer of suspension springs for automobiles and precision springs used in hard disk drive components. The company operates through five segments. The Disc drive suspension (DDS) segment covers disc drive suspension products. The Industrial Equipment segment includes semiconductor process parts, ceramic products, spring mechanisms, piping support devices, parking devices, and other equipment. The Precision Parts segment handles HDD components, wire, and thin plate springs, motor cores, probe units, fasteners, and other precision products. The Sheet segment provides automobile seats, seat mechanisms, and interior parts, while the Suspension Spring segment offers coil springs, leaf springs, stabilizers, accumulators, torsion bars, and related components.
78GF Score

Get the complete analysis for NHKGF

EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$24.51
Price
$11.30
GF Value