NISTF (Nippon Steel) EBIT: $1,723 Mil (TTM As of Mar. 2026)


NISTF Nippon Steel Corp NISTF
70 GF Score
Price $3.33
GF Value $4.46
Valuation Modestly Undervalued
! 8 Warning Signs
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What is Nippon Steel EBIT?

Nippon Steel NISTF -1.19% 70 EBIT is $1,723 Mil as of Mar. 2026. GuruFocus rates NISTF with a GF Score™ of 70/100 and a GF Value™ of $4.46 (Modestly Undervalued). The stock has 8 warning signs investors should review.

Nippon Steel's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was $940 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was $1,723 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Nippon Steel's annualized ROC % for the quarter that ended in Mar. 2026 was 2.62%. Nippon Steel's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 7.13%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Nippon Steel's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 3.48%.

Nippon Steel  (OTCPK:NISTF) EBIT Explanation

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

Nippon Steel'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 )
=3459.708 * ( 1 - 43.82% )/( (74157.457 + 74143.073)/ 2 )
=1943.6639544/74150.265
=2.62 %

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))
=92634.352 - 14896.309 - ( 3580.586 - max(0, 29977.687 - 33630.215+3580.586))
=74157.457

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))
=92389.296 - 14994.659 - ( 3251.564 - max(0, 18733.523 - 33334.258+3251.564))
=74143.073

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

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

Nippon Steel'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 )
=3761.872/( ( (38418.882 + max(14493.896, 0)) + (38057.463 + max(14537.95, 0)) )/ 2 )
=3761.872/( ( 52912.778 + 52595.413 )/ 2 )
=3761.872/52754.0955
=7.13 %

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)
=(11157.509 + 17599.089 + 1293.031) - (14896.309 + 0 + 659.424)
=14493.896

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(11143.155 + 17494.106 + 1445.433) - (14994.659 + 0 + 550.085)
=14537.95

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:

Nippon Steel's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=1723.232/49531.725
=3.48 %

* 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.

Nippon Steel EBIT Related Terms

Nippon Steel EBIT Historical Data

* Premium members only.

The historical data trend for Nippon Steel'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.

Nippon Steel EBIT Chart

Nippon Steel 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 7,107.83 6,671.47 5,341.14 3,815.97 1,726.94

Nippon Steel 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 -79.20 -922.19 967.04 737.91 940.47

NISTF vs NUE, STLD, RS: EBIT Comparison

For the Steel subindustry, Nippon Steel'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.

Nippon Steel EV-to-EBIT vs Steel Industry

For the Steel industry and Basic Materials sector, Nippon Steel's EV-to-EBIT distribution charts can be found below:

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


NISTF
70GF Score
Nippon Steel Corp NISTF
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Nippon Steel 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 $1,723 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 $1,723 Mil mean?
Nippon Steel (NISTF) has a EBIT of $1,723 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Nippon Steel.
Is Nippon Steel's EBIT too high?
Nippon Steel's current EBIT is $1,723 Mil. Overall, Nippon Steel has a GF Score™ of 70/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Nippon Steel's EBIT compare to NUE and STLD?
Nippon Steel's EBIT of $1,723 Mil can be compared against companies in the Steel 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 Steel company?
A good EBIT depends on the Steel 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 Nippon Steel. Nippon Steel's current EBIT is $1,723 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nippon Steel stock overvalued right now?
Based on GuruFocus' analysis, Nippon Steel (NISTF) is currently considered Modestly Undervalued. The stock's GF Value™ is $4.46, compared to a current price of $3.33 — trading 25.3% below its estimated fair value. The current EBIT is $1,723 Mil. Nippon Steel's overall GF Score™ is 70/100 with 8 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 Nippon Steel (NISTF), the current EBIT is $1,723 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 Nippon Steel (NISTF) Overvalued in 2026?

Based on GuruFocus' analysis, Nippon Steel stock appears to be undervalued. The current stock price of $3.33 is trading 25.3% below its estimated GF Value™ of $4.46. GuruFocus considers Nippon Steel to be Modestly Undervalued.

Key valuation signals for NISTF:

  • EBIT: $1,723 Mil
  • GF Value™: $4.46 vs. price of $3.33 (25.3% below fair value)
  • GF Score™: 70/100 with 8 warning signs

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

Nippon Steel Business Description

Address 2-6-1 Marunouchi, Chiyoda-ku, Tokyo, JPN, 100-8071
Nippon Steel Corp is mainly engaged in the steel manufacturing business, engineering business, chemical & material business, and system solution business. The company operates through four business segments. The Chemicals & Materials segment manufactures and sells coal chemicals, petrochemicals, electronic materials, semiconductors, carbon fibers, composites, and processed metal products. The Engineering segment handles industrial machinery, steel structures, construction contracting, waste disposal, recycling, and energy supply. The Steel segment focuses on the production and sale of steel products. The System Solutions segment provides IT consulting, outsourcing, and related services. It generates the majority of its revenue from the Steel segment.
70GF Score

Get the complete analysis for NISTF

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

$3.33
Price
$4.46
GF Value