Nittoc Construction Co (TSE:1929) EV-to-EBIT: 6.12 (As of Sep. 03, 2026) — 71% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

TSE:1929 Nittoc Construction Co Ltd TSE:1929
75 GF Score
Price 円1,198.00
GF Value 円1,278.63
Valuation Fairly Valued
! 2 Warning Signs
View Full Analysis

What is Nittoc Construction Co EV-to-EBIT?

Nittoc Construction Co TSE:1929 +0.34% 75 EV-to-EBIT is 6.12 as of Sep. 03, 2026, which is 71% above its 10-year median of 3.58. GuruFocus rates TSE:1929 with a GF Score™ of 75/100 and a GF Value™ of 円1,278.63 (Fairly Valued). The stock has 2 warning signs investors should review. Among 1,411 Construction companies, Nittoc Construction Co ranks better than 78.6% on this metric.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Nittoc Construction Co's Enterprise Value is 円37,856 Mil. Nittoc Construction Co's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was 円6,181 Mil. Therefore, Nittoc Construction Co's EV-to-EBIT for today is 6.12.

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

TSE:1929' s EV-to-EBIT Range Over the Past 10 Years
Min: 0.99   Med: 3.58   Max: 35.13
Current: 6.13

During the past 13 years, the highest EV-to-EBIT of Nittoc Construction Co was 35.13. The lowest was 0.99. And the median was 3.58.

TSE:1929's EV-to-EBIT is ranked better than
78.6% of 1411 companies
in the Construction industry
Industry Median: 10.99 vs TSE:1929: 6.13

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Nittoc Construction Co's Enterprise Value for the quarter that ended in Mar. 2026 was 円41,409 Mil. Nittoc Construction Co's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was 円6,181 Mil. Nittoc Construction Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 14.93%.


Nittoc Construction Co  (TSE:1929) 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) %.

Nittoc Construction Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Mar. 2026 ) =EBIT / Enterprise Value (Q: Mar. 2026 )
=6181/41408.715
=14.93 %

Nittoc Construction Co's Enterprise Value for the quarter that ended in Mar. 2026 was 円41,409 Mil.
Nittoc Construction Co's 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6,181 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.


Nittoc Construction Co EV-to-EBIT Related Terms


Nittoc Construction Co EV-to-EBIT Historical Data

* Premium members only.

The historical data trend for Nittoc Construction Co'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.

Nittoc Construction Co EV-to-EBIT Chart

Nittoc Construction Co 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 1.76 3.92 6.52 6.93 6.93

Nittoc Construction Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 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 25.47 20.24 8.73 6.93 0.00

TSE:1929 vs PWR, FIX, EME: EV-to-EBIT Comparison

For the Engineering & Construction subindustry, Nittoc Construction 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.


Nittoc Construction Co EV-to-EBIT vs Construction Industry

For the Construction industry and Industrials sector, Nittoc Construction Co's EV-to-EBIT distribution charts can be found below:

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


TSE:1929
75GF Score
Nittoc Construction Co Ltd TSE:1929
EV-to-EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nittoc Construction Co EV-to-EBIT Calculation

Nittoc Construction Co's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=37856.403/6181
=6.12

Nittoc Construction Co's current Enterprise Value is 円37,856 Mil.
Nittoc Construction Co's 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6,181 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 6.12 mean?
Nittoc Construction Co (TSE:1929) has a EV-to-EBIT of 6.12 as of Sep. 03, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Nittoc Construction Co and its competitors. This is 71% above median its historical median of 3.58. Over the past decade, Nittoc Construction Co's EV-to-EBIT has ranged from 0.99 to 35.13. According to the industry distribution chart, Nittoc Construction Co ranks #302 out of 1411 companies in the Construction industry, placing it in the top 21.4%.
Is Nittoc Construction Co's EV-to-EBIT too high?
Nittoc Construction Co's current EV-to-EBIT of 6.12 is 71% above median its 10-year median of 3.58. Over the past 10 years, this metric has ranged from a low of 0.99 to a high of 35.13. The Construction industry median EV-to-EBIT is 10.99. Nittoc Construction Co's value of 6.12 is 44.3% below this industry median. Based on the distribution chart, Nittoc Construction Co ranks #302 out of 1411 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 EV-to-EBIT compare to PWR and FIX?
According to the Construction industry distribution chart, Nittoc Construction Co ranks #302 out of 1411 companies for EV-to-EBIT. This places Nittoc Construction Co in the top 21% of its industry — outperforming the majority of peers. The industry median EV-to-EBIT is 10.99. Nittoc Construction Co's value of 6.12 is 44.3% below this benchmark. Historically, Nittoc Construction Co's own EV-to-EBIT has ranged from 0.99 to 35.13 over the past decade. While the company's 10-year median is 3.58 vs. the industry median of 10.99, Nittoc Construction Co 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 Construction company?
The median EV-to-EBIT among Construction companies is 10.99, based on 1,411 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. Nittoc Construction Co's current EV-to-EBIT of 6.12 is 44.3% 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 Nittoc Construction Co and its competitors. For the Construction industry, the median EV-to-EBIT is 10.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nittoc Construction Co's current EV-to-EBIT is 6.12, which is 71% above median its own 10-year median of 3.58. 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1,278.63, compared to a current price of 円1,198.00 — trading 6.3% below its estimated fair value. The current EV-to-EBIT is 6.12, which is 71% above median its 10-year median of 3.58 and 44.3% below the Construction industry median of 10.99. 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 EV-to-EBIT calculated?
EV-to-EBIT is calculated from a company's financial statements. For Nittoc Construction Co (TSE:1929), the current EV-to-EBIT is 6.12 as of Sep. 03, 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1,198.00 is trading 6.3% below its estimated GF Value™ of 円1,278.63. GuruFocus considers Nittoc Construction Co to be Fairly Valued.

Key valuation signals for TSE:1929:

  • EV-to-EBIT: 6.12 (71% above median its 10-year median of 3.58)
  • GF Value™: 円1,278.63 vs. price of 円1,198.00 (6.3% below fair value)
  • GF Score™: 75/100 with 2 warning signs
  • Industry Position: 44.3% below the Construction median (#302 of 1411)

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 Business Description

Address 10-6, 3-Chome, Higashi-nihonbashi, Daiwa Higashi-nihonbashi Building, 4th Floor 5th Floor 6th Floor, Chuo-ku, Tokyo, JPN, 103-0004
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

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

円1,198.00
Price
円1,278.63
GF Value