Nihon Denkei Co (TSE:9908) EBIT: 円6,111 Mil (TTM As of Mar. 2026)

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TSE:9908 Nihon Denkei Co Ltd TSE:9908
82 GF Score
Price 円2,871.00
GF Value 円2,543.98
Valuation Modestly Overvalued
! 2 Warning Signs
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What is Nihon Denkei Co EBIT?

Nihon Denkei Co TSE:9908 +2.06% 82 EBIT is 円6,111 Mil as of Mar. 2026. GuruFocus rates TSE:9908 with a GF Score™ of 82/100 and a GF Value™ of 円2,543.98 (Modestly Overvalued). The stock has 2 warning signs investors should review.

Nihon Denkei Co's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was 円2,067 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was 円6,111 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Nihon Denkei Co's annualized ROC % for the quarter that ended in Mar. 2026 was 11.90%. Nihon Denkei Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 20.53%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Nihon Denkei Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 12.55%.


Nihon Denkei Co  (TSE:9908) EBIT Explanation

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

Nihon Denkei 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 )
=8108.868 * ( 1 - 27.95% )/( (48326.741 + 49839.025)/ 2 )
=5842.439394/49082.883
=11.90 %

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))
=69966.394 - 15208.573 - ( 6431.08 - max(0, 34976.791 - 61798.126+6431.08))
=48326.741

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))
=78822.844 - 20790.76 - ( 8193.059 - max(0, 41886.82 - 70367.926+8193.059))
=49839.025

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

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

Nihon Denkei 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 )
=8266.276/( ( (5036.058 + max(34577.996, 0)) + (5257.842 + max(35675.219, 0)) )/ 2 )
=8266.276/( ( 39614.054 + 40933.061 )/ 2 )
=8266.276/40273.5575
=20.53 %

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)
=(34899.432 + 8163.951 + 12303.663) - (15208.573 + 0 + 5580.477)
=34577.996

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(46318.217 + 4889.039 + 10967.611) - (20790.76 + 0 + 5708.888)
=35675.219

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=6111.314/48689.335
=12.55 %

* 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.


Nihon Denkei Co EBIT Related Terms


Nihon Denkei Co EBIT Historical Data

* Premium members only.

The historical data trend for Nihon Denkei 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.

Nihon Denkei Co EBIT Chart

Nihon Denkei 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 3,337.56 4,120.62 4,959.96 4,870.37 5,317.77

Nihon Denkei Co Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 296.02 1,089.30 1,865.89 2,066.57 1,089.57

TSE:9908 vs URI, SUNB, AER: EBIT Comparison

For the Rental & Leasing Services subindustry, Nihon Denkei 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.


Nihon Denkei Co EV-to-EBIT vs Business Services Industry

For the Business Services industry and Industrials sector, Nihon Denkei Co's EV-to-EBIT distribution charts can be found below:

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


TSE:9908
82GF Score
Nihon Denkei Co Ltd TSE:9908
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nihon Denkei 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 円6,111 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 円6,111 Mil mean?
Nihon Denkei Co (TSE:9908) has a EBIT of 円6,111 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Nihon Denkei Co.
Is Nihon Denkei Co's EBIT too high?
Nihon Denkei Co's current EBIT is 円6,111 Mil. Overall, Nihon Denkei Co has a GF Score™ of 82/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nihon Denkei Co's EBIT compare to URI and SUNB?
Nihon Denkei Co's EBIT of 円6,111 Mil can be compared against companies in the Business Services 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 Business Services company?
A good EBIT depends on the Business Services 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 Nihon Denkei Co. Nihon Denkei Co's current EBIT is 円6,111 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nihon Denkei Co stock overvalued right now?
Based on GuruFocus' analysis, Nihon Denkei Co (TSE:9908) is currently considered Modestly Overvalued. The stock's GF Value™ is 円2,543.98, compared to a current price of 円2,871.00 — trading 12.9% above its estimated fair value. The current EBIT is 円6,111 Mil. Nihon Denkei Co's overall GF Score™ is 82/100 with 2 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 Nihon Denkei Co (TSE:9908), the current EBIT is 円6,111 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 Nihon Denkei Co (TSE:9908) Overvalued in 2026?

Based on GuruFocus' analysis, Nihon Denkei Co stock appears to be overvalued. The current stock price of 円2,871.00 is trading 12.9% above its estimated GF Value™ of 円2,543.98. GuruFocus considers Nihon Denkei Co to be Modestly Overvalued.

Key valuation signals for TSE:9908:

  • EBIT: 円6,111 Mil
  • GF Value™: 円2,543.98 vs. price of 円2,871.00 (12.9% above fair value)
  • GF Score™: 82/100 with 2 warning signs

No single metric tells the full story. See the TSE:9908 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Nihon Denkei Co Business Description

Address ND Building 5-14-12 ueno, Taito-ku, Tokyo, JPN, 110-0005
Nihon Denkei Co Ltd is engaged in the leasing and rental business of electronic measuring instruments, system equipment, electronic parts, and others. Its three reportable segments being Japan, China, and Other, including Southeast Asia. It derives maximum revenue from Japan.
82GF Score

Get the complete analysis for TSE:9908

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

円2,871.00
Price
円2,543.98
GF Value