Nitto Denko (FRA:ND5) EV-to-EBIT: 9.38 (As of Aug. 27, 2026) — Near Median

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FRA:ND5 Nitto Denko Corp FRA:ND5
89 GF Score
Price €18.12
GF Value €16.62
Valuation Fairly Valued
! 2 Warning Signs
View Full Analysis

What is Nitto Denko EV-to-EBIT?

Nitto Denko FRA:ND5 +0.30% 89 EV-to-EBIT is 9.38 as of Aug. 27, 2026, which is 7% above its 10-year median of 8.75. GuruFocus rates FRA:ND5 with a GF Score™ of 89/100 and a GF Value™ of €16.62 (Fairly Valued). The stock has 2 warning signs investors should review. Among 1,271 Chemicals companies, Nitto Denko ranks better than 71.6% on this metric.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Nitto Denko's Enterprise Value is €10,036 Mil. Nitto Denko's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 was €1,070 Mil. Therefore, Nitto Denko's EV-to-EBIT for today is 9.38.

The historical rank and industry rank for Nitto Denko's EV-to-EBIT or its related term are showing as below:

FRA:ND5' s EV-to-EBIT Range Over the Past 10 Years
Min: 4.78   Med: 8.75   Max: 17.2
Current: 9.63

During the past 13 years, the highest EV-to-EBIT of Nitto Denko was 17.20. The lowest was 4.78. And the median was 8.75.

FRA:ND5's EV-to-EBIT is ranked better than
71.6% of 1271 companies
in the Chemicals industry
Industry Median: 16.76 vs FRA:ND5: 9.63

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Nitto Denko's Enterprise Value for the quarter that ended in Jun. 2026 was €9,508 Mil. Nitto Denko's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 was €1,070 Mil. Nitto Denko's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was 11.26%.


Nitto Denko  (FRA:ND5) EV-to-EBIT Explanation

This is a more accurate valuation of companies' operation because it considers the debt and cash on its balance sheet, and non-operating items such as interest payment, tax, and one-time items are not included in the Operating Income.

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %.

Nitto Denko's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2026 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Jun. 2026 ) =EBIT / Enterprise Value (Q: Jun. 2026 )
=1070.199/9507.50112
=11.26 %

Nitto Denko's Enterprise Value for the quarter that ended in Jun. 2026 was €9,508 Mil.
Nitto Denko'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 €1,070 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.


Nitto Denko EV-to-EBIT Related Terms


Nitto Denko EV-to-EBIT Historical Data

* Premium members only.

The historical data trend for Nitto Denko's EV-to-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.

Nitto Denko EV-to-EBIT Chart

Nitto Denko Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
EV-to-EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.02 6.16 11.41 8.12 9.01

Nitto Denko Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
EV-to-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 8.87 11.82 11.77 9.01 9.20

FRA:ND5 vs LIN, SHW, ECL: EV-to-EBIT Comparison

For the Specialty Chemicals subindustry, Nitto Denko'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.


Nitto Denko EV-to-EBIT vs Chemicals Industry

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

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


FRA:ND5
89GF Score
Nitto Denko Corp FRA:ND5
EV-to-EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nitto Denko EV-to-EBIT Calculation

Nitto Denko's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=10035.808/1070.199
=9.38

Nitto Denko's current Enterprise Value is €10,036 Mil.
Nitto Denko'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 €1,070 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 EV-to-EBIT →
What does a EV-to-EBIT of 9.38 mean?
Nitto Denko (FRA:ND5) has a EV-to-EBIT of 9.38 as of Aug. 27, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Nitto Denko and its competitors. This is near median its historical median of 8.75. Over the past decade, Nitto Denko's EV-to-EBIT has ranged from 4.78 to 17.20. According to the industry distribution chart, Nitto Denko ranks #361 out of 1271 companies in the Chemicals industry, placing it in the top 28.4%.
Is Nitto Denko's EV-to-EBIT too high?
Nitto Denko's current EV-to-EBIT of 9.38 is near median its 10-year median of 8.75. Over the past 10 years, this metric has ranged from a low of 4.78 to a high of 17.20. The Chemicals industry median EV-to-EBIT is 16.76. Nitto Denko's value of 9.38 is 44% below this industry median. Based on the distribution chart, Nitto Denko ranks #361 out of 1271 companies in the Chemicals industry, which is above the industry midpoint. Overall, Nitto Denko has a GF Score™ of 89/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Nitto Denko's EV-to-EBIT compare to LIN and SHW?
According to the Chemicals industry distribution chart, Nitto Denko ranks #361 out of 1271 companies for EV-to-EBIT. This puts Nitto Denko in the upper half of its industry. The industry median EV-to-EBIT is 16.76. Nitto Denko's value of 9.38 is 44% below this benchmark. Historically, Nitto Denko's own EV-to-EBIT has ranged from 4.78 to 17.20 over the past decade. While the company's 10-year median is 8.75 vs. the industry median of 16.76, Nitto Denko has consistently been below 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 EV-to-EBIT for a Chemicals company?
The median EV-to-EBIT among Chemicals companies is 16.76, based on 1,271 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBIT significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Nitto Denko's current EV-to-EBIT of 9.38 is 44% below 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 EV-to-EBIT mean?
A high EV-to-EBIT can signal that a stock is expensive relative to its fundamentals. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Nitto Denko and its competitors. For the Chemicals industry, the median EV-to-EBIT is 16.76 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nitto Denko's current EV-to-EBIT is 9.38, which is near median its own 10-year median of 8.75. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nitto Denko stock overvalued right now?
Based on GuruFocus' analysis, Nitto Denko (FRA:ND5) is currently considered Fairly Valued. The stock's GF Value™ is €16.62, compared to a current price of €18.12 — trading 9% above its estimated fair value. The current EV-to-EBIT is 9.38, which is near median its 10-year median of 8.75 and 44% below the Chemicals industry median of 16.76. Nitto Denko's overall GF Score™ is 89/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-EBIT calculated?
EV-to-EBIT is calculated from a company's financial statements. For Nitto Denko (FRA:ND5), the current EV-to-EBIT is 9.38 as of Aug. 27, 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 Nitto Denko (FRA:ND5) Overvalued in 2026?

Based on GuruFocus' analysis, Nitto Denko stock appears to be overvalued. The current stock price of €18.12 is trading 9% above its estimated GF Value™ of €16.62. GuruFocus considers Nitto Denko to be Fairly Valued.

Key valuation signals for FRA:ND5:

  • EV-to-EBIT: 9.38 (near median its 10-year median of 8.75)
  • GF Value™: €16.62 vs. price of €18.12 (9% above fair value)
  • GF Score™: 89/100 with 2 warning signs
  • Industry Position: 44% below the Chemicals median (#361 of 1271)

No single metric tells the full story. See the FRA:ND5 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Nitto Denko Business Description

Address 4-20 Ofukacho, 33rd Floor, Tower A, Grand Front Osaka, Kita-ku, Osaka, JPN, 530-0011
Nitto Denko is a manufacturer of advanced materials for niche industry applications. Its three segments are industrial tape (35% of revenue), optical films (55%), and materials used in health science (10%). Its advanced materials are used in manufacturing with main customers being suppliers to original equipment manufacturers in the computer, smartphone, and automobile industries. The company has more than 15,000 products. Most revenue is from Asia/Oceania (60%), followed by Japan (20%). The remainder is roughly equally split between Americas and Europe, each representing about 10% of revenue.
89GF Score

Get the complete analysis for FRA:ND5

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

€18.12
Price
€16.62
GF Value