Nireco (TSE:6863) EV-to-EBIT: 8.24 (As of Aug. 27, 2026) — 107% Above Median

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TSE:6863 Nireco Corp TSE:6863
87 GF Score
Price 円983.00
GF Value 円640.00
Valuation Significantly Overvalued
! 6 Warning Signs
View Full Analysis

What is Nireco EV-to-EBIT?

Nireco TSE:6863 -0.10% 87 EV-to-EBIT is 8.24 as of Aug. 27, 2026, which is 107% above its 10-year median of 3.99. GuruFocus rates TSE:6863 with a GF Score™ of 87/100 and a GF Value™ of 円640.00 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 1,801 Hardware companies, Nireco ranks better than 77.68% on this metric.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Nireco's Enterprise Value is 円16,189 Mil. Nireco's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was 円1,966 Mil. Therefore, Nireco's EV-to-EBIT for today is 8.24.

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

TSE:6863' s EV-to-EBIT Range Over the Past 10 Years
Min: -0.61   Med: 3.99   Max: 11.8
Current: 8.24

During the past 13 years, the highest EV-to-EBIT of Nireco was 11.80. The lowest was -0.61. And the median was 3.99.

TSE:6863's EV-to-EBIT is ranked better than
77.68% of 1801 companies
in the Hardware industry
Industry Median: 18.84 vs TSE:6863: 8.24

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Nireco's Enterprise Value for the quarter that ended in Mar. 2026 was 円9,599 Mil. Nireco's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was 円1,966 Mil. Nireco's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 20.48%.


Nireco  (TSE:6863) 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) %.

Nireco'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 )
=1965.771/9599.221659509
=20.48 %

Nireco's Enterprise Value for the quarter that ended in Mar. 2026 was 円9,599 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Nireco's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was 円1,966 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.


Nireco EV-to-EBIT Related Terms


Nireco EV-to-EBIT Historical Data

* Premium members only.

The historical data trend for Nireco'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.

Nireco EV-to-EBIT Chart

Nireco 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 3.14 2.64 7.68 3.86 4.88

Nireco Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
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 7.68 6.55 3.86 0.00 4.88

TSE:6863 vs COHR, KEYS, GRMN: EV-to-EBIT Comparison

For the Scientific & Technical Instruments subindustry, Nireco'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.


Nireco EV-to-EBIT vs Hardware Industry

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

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


TSE:6863
87GF Score
Nireco Corp TSE:6863
EV-to-EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nireco EV-to-EBIT Calculation

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

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=16188.849/1965.771
=8.24

Nireco's current Enterprise Value is 円16,189 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Nireco's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was 円1,966 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 8.24 mean?
Nireco (TSE:6863) has a EV-to-EBIT of 8.24 as of Aug. 27, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Nireco and its competitors. This is 107% above median its historical median of 3.99. According to the industry distribution chart, Nireco ranks #402 out of 1801 companies in the Hardware industry, placing it in the top 22.3%.
Is Nireco's EV-to-EBIT too high?
Nireco's current EV-to-EBIT of 8.24 is 107% above median its 10-year median of 3.99. The Hardware industry median EV-to-EBIT is 18.84. Nireco's value of 8.24 is 56.3% below this industry median. Based on the distribution chart, Nireco ranks #402 out of 1801 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Nireco has a GF Score™ of 87/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nireco's EV-to-EBIT compare to COHR and KEYS?
According to the Hardware industry distribution chart, Nireco ranks #402 out of 1801 companies for EV-to-EBIT. This places Nireco in the top 22% of its industry — outperforming the majority of peers. The industry median EV-to-EBIT is 18.84. Nireco's value of 8.24 is 56.3% below this benchmark. While the company's 10-year median is 3.99 vs. the industry median of 18.84, Nireco 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 18.84, based on 1,801 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. Nireco's current EV-to-EBIT of 8.24 is 56.3% 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 Nireco and its competitors. For the Hardware industry, the median EV-to-EBIT is 18.84 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nireco's current EV-to-EBIT is 8.24, which is 107% above median its own 10-year median of 3.99. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nireco stock overvalued right now?
Based on GuruFocus' analysis, Nireco (TSE:6863) is currently considered Significantly Overvalued. The stock's GF Value™ is 円640.00, compared to a current price of 円983.00 — trading 53.6% above its estimated fair value. The current EV-to-EBIT is 8.24, which is 107% above median its 10-year median of 3.99 and 56.3% below the Hardware industry median of 18.84. Nireco's overall GF Score™ is 87/100 with 6 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 Nireco (TSE:6863), the current EV-to-EBIT is 8.24 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 Nireco (TSE:6863) Overvalued in 2026?

Based on GuruFocus' analysis, Nireco stock appears to be overvalued. The current stock price of 円983.00 is trading 53.6% above its estimated GF Value™ of 円640.00. GuruFocus considers Nireco to be Significantly Overvalued.

Key valuation signals for TSE:6863:

  • EV-to-EBIT: 8.24 (107% above median its 10-year median of 3.99)
  • GF Value™: 円640.00 vs. price of 円983.00 (53.6% above fair value)
  • GF Score™: 87/100 with 6 warning signs
  • Industry Position: 56.3% below the Hardware median (#402 of 1801)

No single metric tells the full story. See the TSE:6863 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Nireco Business Description

Address 2951-4 Ishikawacho, Hachioji, Tokyo, JPN
Nireco Corp is engaged in the development, manufacture and sale of control, measurement and inspection equipment for a wide range of industries, from steel and chemicals to food and printing. Its reportable segments include: Process business; Web business; Inspection machine business; and Optics business.
87GF Score

Get the complete analysis for TSE:6863

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

円983.00
Price
円640.00
GF Value