NMS Holdings (TSE:2162) EV-to-EBIT: 11.80 (As of Aug. 21, 2026) — 21% Below 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:2162 NMS Holdings Corp TSE:2162
43 GF Score
Price 円536.00
GF Value 円332.32
Valuation Significantly Overvalued
! 9 Warning Signs
View Full Analysis

What is NMS Holdings EV-to-EBIT?

NMS Holdings TSE:2162 -0.19% 43 EV-to-EBIT is 11.80 as of Aug. 21, 2026, which is 21% below its 10-year median of 14.99. GuruFocus rates TSE:2162 with a GF Score™ of 43/100 and a GF Value™ of 円332.32 (Significantly Overvalued). The stock has 9 warning signs investors should review. Among 1,788 Hardware companies, NMS Holdings ranks better than 67% on this metric.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, NMS Holdings's Enterprise Value is 円24,134 Mil. NMS Holdings's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was 円2,046 Mil. Therefore, NMS Holdings's EV-to-EBIT for today is 11.80.

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

TSE:2162' s EV-to-EBIT Range Over the Past 10 Years
Min: -288.27   Med: 14.99   Max: 404.43
Current: 11.8

During the past 13 years, the highest EV-to-EBIT of NMS Holdings was 404.43. The lowest was -288.27. And the median was 14.99.

TSE:2162's EV-to-EBIT is ranked better than
67% of 1788 companies
in the Hardware industry
Industry Median: 19.44 vs TSE:2162: 11.80

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. NMS Holdings's Enterprise Value for the quarter that ended in Mar. 2026 was 円22,608 Mil. NMS Holdings's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was 円2,046 Mil. NMS Holdings's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 9.05%.


NMS Holdings  (TSE:2162) 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) %.

NMS Holdings'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 )
=2045.649/22607.939
=9.05 %

NMS Holdings's Enterprise Value for the quarter that ended in Mar. 2026 was 円22,608 Mil.
NMS Holdings'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2,046 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.


NMS Holdings EV-to-EBIT Related Terms


NMS Holdings EV-to-EBIT Historical Data

* Premium members only.

The historical data trend for NMS Holdings'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.

NMS Holdings EV-to-EBIT Chart

NMS Holdings 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 -14.94 17.79 10.34 12.46 14.64

NMS Holdings 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 21.59 31.70 9.72 14.64 0.00

TSE:2162 vs APH, GLW, TEL: EV-to-EBIT Comparison

For the Electronic Components subindustry, NMS Holdings'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.


NMS Holdings EV-to-EBIT vs Hardware Industry

For the Hardware industry and Technology sector, NMS Holdings's EV-to-EBIT distribution charts can be found below:

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


TSE:2162
43GF Score
NMS Holdings Corp TSE:2162
EV-to-EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

NMS Holdings EV-to-EBIT Calculation

NMS Holdings's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=24133.969/2045.649
=11.80

NMS Holdings's current Enterprise Value is 円24,134 Mil.
NMS Holdings'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2,046 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 11.80 mean?
NMS Holdings (TSE:2162) has a EV-to-EBIT of 11.80 as of Aug. 21, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on NMS Holdings and its competitors. This is 21% below median its historical median of 14.99. According to the industry distribution chart, NMS Holdings ranks #590 out of 1788 companies in the Hardware industry, placing it in the top 33%.
Is NMS Holdings' EV-to-EBIT too high?
NMS Holdings' current EV-to-EBIT of 11.80 is 21% below median its 10-year median of 14.99. The Hardware industry median EV-to-EBIT is 19.44. NMS Holdings' value of 11.80 is 39.3% below this industry median. Based on the distribution chart, NMS Holdings ranks #590 out of 1788 companies in the Hardware industry, which is above the industry midpoint. Overall, NMS Holdings has a GF Score™ of 43/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does NMS Holdings' EV-to-EBIT compare to APH and GLW?
According to the Hardware industry distribution chart, NMS Holdings ranks #590 out of 1788 companies for EV-to-EBIT. This puts NMS Holdings in the upper half of its industry. The industry median EV-to-EBIT is 19.44. NMS Holdings' value of 11.80 is 39.3% below this benchmark. While the company's 10-year median is 14.99 vs. the industry median of 19.44, NMS Holdings 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 Hardware company?
The median EV-to-EBIT among Hardware companies is 19.44, based on 1,788 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. NMS Holdings's current EV-to-EBIT of 11.80 is 39.3% 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 NMS Holdings and its competitors. For the Hardware industry, the median EV-to-EBIT is 19.44 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NMS Holdings's current EV-to-EBIT is 11.80, which is 21% below median its own 10-year median of 14.99. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NMS Holdings stock overvalued right now?
Based on GuruFocus' analysis, NMS Holdings (TSE:2162) is currently considered Significantly Overvalued. The stock's GF Value™ is 円332.32, compared to a current price of 円536.00 — trading 61.3% above its estimated fair value. The current EV-to-EBIT is 11.80, which is 21% below median its 10-year median of 14.99 and 39.3% below the Hardware industry median of 19.44. NMS Holdings' overall GF Score™ is 43/100 with 9 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 NMS Holdings (TSE:2162), the current EV-to-EBIT is 11.80 as of Aug. 21, 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 NMS Holdings (TSE:2162) Overvalued in 2026?

Based on GuruFocus' analysis, NMS Holdings stock appears to be overvalued. The current stock price of 円536.00 is trading 61.3% above its estimated GF Value™ of 円332.32. GuruFocus considers NMS Holdings to be Significantly Overvalued.

Key valuation signals for TSE:2162:

  • EV-to-EBIT: 11.80 (21% below median its 10-year median of 14.99)
  • GF Value™: 円332.32 vs. price of 円536.00 (61.3% above fair value)
  • GF Score™: 43/100 with 9 warning signs
  • Industry Position: 39.3% below the Hardware median (#590 of 1788)

No single metric tells the full story. See the TSE:2162 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


NMS Holdings Business Description

Address 3-20-2 Nishi-Shinjuku, 45th floor, Tokyo Opera City Tower, Shinjuku-ku, Tokyo, JPN, 163-1445
NMS Holdings Corp is a Japan-based company. Its business activities are divided into four operating segments including Human resource solution business, Electronics manufacturing service (EMS) business, Vision ( neo EMS ), and Power supply business. The company offers staff members for contract manufacturing, engineer dispatch service, repairs and customer service. Its EMS business offers a wide range of services concerning board assembly through an integrated production process and firm management system. NMS also offers solutions for power supply and power supply-related products.
43GF Score

Get the complete analysis for TSE:2162

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

円536.00
Price
円332.32
GF Value