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Nitto Kogyo (TSE:6651) EV-to-EBIT : 9.86 (As of Jun. 21, 2024)


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What is Nitto Kogyo EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Nitto Kogyo's Enterprise Value is 円121,044 Mil. Nitto Kogyo's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was 円12,280 Mil. Therefore, Nitto Kogyo's EV-to-EBIT for today is 9.86.

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

TSE:6651' s EV-to-EBIT Range Over the Past 10 Years
Min: 2.5   Med: 6.35   Max: 14.44
Current: 9.87

During the past 13 years, the highest EV-to-EBIT of Nitto Kogyo was 14.44. The lowest was 2.50. And the median was 6.35.

TSE:6651's EV-to-EBIT is ranked better than
73.56% of 2375 companies
in the Industrial Products industry
Industry Median: 16.62 vs TSE:6651: 9.87

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Nitto Kogyo's Enterprise Value for the quarter that ended in Dec. 2023 was 円131,691 Mil. Nitto Kogyo's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was 円12,280 Mil. Nitto Kogyo's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 9.32%.


Nitto Kogyo EV-to-EBIT Historical Data

The historical data trend for Nitto Kogyo'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.

* Premium members only.

Nitto Kogyo EV-to-EBIT Chart

Nitto Kogyo Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
EV-to-EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.73 3.98 3.30 10.45 12.16

Nitto Kogyo Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 10.45 12.81 11.55 11.04 -

Competitive Comparison of Nitto Kogyo's EV-to-EBIT

For the Electrical Equipment & Parts subindustry, Nitto Kogyo'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 Kogyo's EV-to-EBIT Distribution in the Industrial Products Industry

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

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



Nitto Kogyo EV-to-EBIT Calculation

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

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=121044.316/12280
=9.86

Nitto Kogyo's current Enterprise Value is 円121,044 Mil.
Nitto Kogyo's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was 円12,280 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 Kogyo  (TSE:6651) 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 Kogyo's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Dec. 2023 ) =EBIT / Enterprise Value (Q: Dec. 2023 )
=12280/131691.16
=9.32 %

Nitto Kogyo's Enterprise Value for the quarter that ended in Dec. 2023 was 円131,691 Mil.
Nitto Kogyo's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was 円12,280 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 Kogyo EV-to-EBIT Related Terms

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Nitto Kogyo (TSE:6651) Business Description

Traded in Other Exchanges
N/A
Address
2201, Kanihara, Nagakute-cho, Aichi County, Tokyo, JPN, 480-1189
Nitto Kogyo Corp is a Japan-based company which provides a wide range of product materials, such as electric circuit panelboard powered high-pressure equipment, such as information and communications-related materials. It is engaged in manufacture and sales of electric and mechanical equipment such as high-voltage power-receiving equipment, panel boards, home panel boards, charging stations, optical junction boxes, metal enclosures, plastic enclosures, racks, breakers, switches, thermal management products, and so on. The company is also in Power Generation and sales business.

Nitto Kogyo (TSE:6651) Headlines

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