Nichia Steel Works (TSE:5658) EV-to-EBIT: 6.68 (As of Aug. 13, 2026) — 22% Below Median

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TSE:5658 Nichia Steel Works Ltd TSE:5658
66 GF Score
Price 円384.00
GF Value 円326.79
Valuation Modestly Overvalued
! 5 Warning Signs
View Full Analysis

What is Nichia Steel Works EV-to-EBIT?

Nichia Steel Works TSE:5658 66 EV-to-EBIT is 6.68 as of Aug. 13, 2026, which is 22% below its 10-year median of 8.56. GuruFocus rates TSE:5658 with a GF Score™ of 66/100 and a GF Value™ of 円326.79 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 2,376 Industrial Products companies, Nichia Steel Works ranks better than 87.79% on this metric.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Nichia Steel Works's Enterprise Value is 円11,647 Mil. Nichia Steel Works's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was 円1,743 Mil. Therefore, Nichia Steel Works's EV-to-EBIT for today is 6.68.

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

TSE:5658' s EV-to-EBIT Range Over the Past 10 Years
Min: 2.34   Med: 8.56   Max: 49.16
Current: 6.69

During the past 13 years, the highest EV-to-EBIT of Nichia Steel Works was 49.16. The lowest was 2.34. And the median was 8.56.

TSE:5658's EV-to-EBIT is ranked better than
87.79% of 2376 companies
in the Industrial Products industry
Industry Median: 19.935 vs TSE:5658: 6.69

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Nichia Steel Works's Enterprise Value for the quarter that ended in Mar. 2026 was 円11,149 Mil. Nichia Steel Works's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was 円1,743 Mil. Nichia Steel Works's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 15.63%.


Nichia Steel Works  (TSE:5658) 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) %.

Nichia Steel Works'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 )
=1743.168/11149.255
=15.63 %

Nichia Steel Works's Enterprise Value for the quarter that ended in Mar. 2026 was 円11,149 Mil.
Nichia Steel Works'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1,743 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.


Nichia Steel Works EV-to-EBIT Related Terms


Nichia Steel Works EV-to-EBIT Historical Data

* Premium members only.

The historical data trend for Nichia Steel Works'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.

Nichia Steel Works EV-to-EBIT Chart

Nichia Steel Works 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 2.58 4.81 5.12 6.24 8.36

Nichia Steel Works 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 9.39 -2,638.50 11.26 8.36 0.00

TSE:5658 vs SNA, RBC, SWK: EV-to-EBIT Comparison

For the Tools & Accessories subindustry, Nichia Steel Works'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.


Nichia Steel Works EV-to-EBIT vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Nichia Steel Works's EV-to-EBIT distribution charts can be found below:

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


TSE:5658
66GF Score
Nichia Steel Works Ltd TSE:5658
EV-to-EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nichia Steel Works EV-to-EBIT Calculation

Nichia Steel Works's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=11646.781/1743.168
=6.68

Nichia Steel Works's current Enterprise Value is 円11,647 Mil.
Nichia Steel Works'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1,743 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 6.68 mean?
Nichia Steel Works (TSE:5658) has a EV-to-EBIT of 6.68 as of Aug. 13, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Nichia Steel Works and its competitors. This is 22% below median its historical median of 8.56. Over the past decade, Nichia Steel Works' EV-to-EBIT has ranged from 2.34 to 49.16. According to the industry distribution chart, Nichia Steel Works ranks #290 out of 2376 companies in the Industrial Products industry, placing it in the top 12.2%.
Is Nichia Steel Works' EV-to-EBIT too high?
Nichia Steel Works' current EV-to-EBIT of 6.68 is 22% below median its 10-year median of 8.56. Over the past 10 years, this metric has ranged from a low of 2.34 to a high of 49.16. The Industrial Products industry median EV-to-EBIT is 19.94. Nichia Steel Works' value of 6.68 is 66.5% below this industry median. Based on the distribution chart, Nichia Steel Works ranks #290 out of 2376 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Nichia Steel Works has a GF Score™ of 66/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nichia Steel Works' EV-to-EBIT compare to SNA and RBC?
According to the Industrial Products industry distribution chart, Nichia Steel Works ranks #290 out of 2376 companies for EV-to-EBIT. This places Nichia Steel Works in the top 12% of its industry — outperforming the majority of peers. The industry median EV-to-EBIT is 19.94. Nichia Steel Works' value of 6.68 is 66.5% below this benchmark. Historically, Nichia Steel Works' own EV-to-EBIT has ranged from 2.34 to 49.16 over the past decade. While the company's 10-year median is 8.56 vs. the industry median of 19.94, Nichia Steel Works 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 an Industrial Products company?
The median EV-to-EBIT among Industrial Products companies is 19.94, based on 2,376 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. Nichia Steel Works's current EV-to-EBIT of 6.68 is 66.5% 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 Nichia Steel Works and its competitors. For the Industrial Products industry, the median EV-to-EBIT is 19.94 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nichia Steel Works's current EV-to-EBIT is 6.68, which is 22% below median its own 10-year median of 8.56. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nichia Steel Works stock overvalued right now?
Based on GuruFocus' analysis, Nichia Steel Works (TSE:5658) is currently considered Modestly Overvalued. The stock's GF Value™ is 円326.79, compared to a current price of 円384.00 — trading 17.5% above its estimated fair value. The current EV-to-EBIT is 6.68, which is 22% below median its 10-year median of 8.56 and 66.5% below the Industrial Products industry median of 19.94. Nichia Steel Works' overall GF Score™ is 66/100 with 5 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 Nichia Steel Works (TSE:5658), the current EV-to-EBIT is 6.68 as of Aug. 13, 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 Nichia Steel Works (TSE:5658) Overvalued in 2026?

Based on GuruFocus' analysis, Nichia Steel Works stock appears to be overvalued. The current stock price of 円384.00 is trading 17.5% above its estimated GF Value™ of 円326.79. GuruFocus considers Nichia Steel Works to be Modestly Overvalued.

Key valuation signals for TSE:5658:

  • EV-to-EBIT: 6.68 (22% below median its 10-year median of 8.56)
  • GF Value™: 円326.79 vs. price of 円384.00 (17.5% above fair value)
  • GF Score™: 66/100 with 5 warning signs
  • Industry Position: 66.5% below the Industrial Products median (#290 of 2376)

No single metric tells the full story. See the TSE:5658 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Nichia Steel Works Business Description

Address 6-74 Doui, Hyogo, Amagasaki, JPN, 660-0083
Nichia Steel Works Ltd is a manufacturer of steel wire products, fasteners and related products. The products are used in various fields such as construction and civil infrastructure. It offers low carbon steel wire products, hard drawn steel wire products, fasteners & special products and other special finished products.
66GF Score

Get the complete analysis for TSE:5658

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

円384.00
Price
円326.79
GF Value