Nippon Avionics Co (TSE:6946) EV-to-EBIT: 17.85 (As of Aug. 28, 2026) — 68% Above Median

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TSE:6946 Nippon Avionics Co Ltd TSE:6946
84 GF Score
Price 円5,940.00
GF Value 円4,390.31
Valuation Significantly Overvalued
! 2 Warning Signs
View Full Analysis

What is Nippon Avionics Co EV-to-EBIT?

Nippon Avionics Co TSE:6946 +3.48% 84 EV-to-EBIT is 17.85 as of Aug. 28, 2026, which is 68% above its 10-year median of 10.60. GuruFocus rates TSE:6946 with a GF Score™ of 84/100 and a GF Value™ of 円4,390.31 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 2,389 Industrial Products companies, Nippon Avionics Co ranks better than 54.04% on this metric.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Nippon Avionics Co's Enterprise Value is 円97,312 Mil. Nippon Avionics Co's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was 円5,453 Mil. Therefore, Nippon Avionics Co's EV-to-EBIT for today is 17.85.

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

TSE:6946' s EV-to-EBIT Range Over the Past 10 Years
Min: -9.74   Med: 10.6   Max: 108.9
Current: 17.85

During the past 13 years, the highest EV-to-EBIT of Nippon Avionics Co was 108.90. The lowest was -9.74. And the median was 10.60.

TSE:6946's EV-to-EBIT is ranked better than
54.04% of 2389 companies
in the Industrial Products industry
Industry Median: 19.19 vs TSE:6946: 17.85

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Nippon Avionics Co's Enterprise Value for the quarter that ended in Mar. 2026 was 円97,313 Mil. Nippon Avionics Co's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was 円5,453 Mil. Nippon Avionics Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 5.60%.


Nippon Avionics Co  (TSE:6946) 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) %.

Nippon Avionics 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 )
=5453/97312.66
=5.60 %

Nippon Avionics Co's Enterprise Value for the quarter that ended in Mar. 2026 was 円97,313 Mil.
Nippon Avionics 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5,453 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.


Nippon Avionics Co EV-to-EBIT Related Terms


Nippon Avionics Co EV-to-EBIT Historical Data

* Premium members only.

The historical data trend for Nippon Avionics 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.

Nippon Avionics Co EV-to-EBIT Chart

Nippon Avionics 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 5.02 7.51 19.11 15.57 17.85

Nippon Avionics Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 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 15.57 23.14 20.87 16.79 17.85

TSE:6946 vs VRT, BE: EV-to-EBIT Comparison

For the Electrical Equipment & Parts subindustry, Nippon Avionics 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.


Nippon Avionics Co EV-to-EBIT vs Industrial Products Industry

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

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


TSE:6946
84GF Score
Nippon Avionics Co Ltd TSE:6946
EV-to-EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nippon Avionics Co EV-to-EBIT Calculation

Nippon Avionics Co's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=97311.549/5453
=17.85

Nippon Avionics Co's current Enterprise Value is 円97,312 Mil.
Nippon Avionics 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5,453 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 17.85 mean?
Nippon Avionics Co (TSE:6946) has a EV-to-EBIT of 17.85 as of Aug. 28, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Nippon Avionics Co and its competitors. This is 68% above median its historical median of 10.60. According to the industry distribution chart, Nippon Avionics Co ranks #1098 out of 2389 companies in the Industrial Products industry, placing it in the top 46%.
Is Nippon Avionics Co's EV-to-EBIT too high?
Nippon Avionics Co's current EV-to-EBIT of 17.85 is 68% above median its 10-year median of 10.60. The Industrial Products industry median EV-to-EBIT is 19.19. Nippon Avionics Co's value of 17.85 is 7% below this industry median. Based on the distribution chart, Nippon Avionics Co ranks #1098 out of 2389 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Nippon Avionics Co has a GF Score™ of 84/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nippon Avionics Co's EV-to-EBIT compare to VRT and BE?
According to the Industrial Products industry distribution chart, Nippon Avionics Co ranks #1098 out of 2389 companies for EV-to-EBIT. This puts Nippon Avionics Co in the upper half of its industry. The industry median EV-to-EBIT is 19.19. Nippon Avionics Co's value of 17.85 is 7% below this benchmark. While the company's 10-year median is 10.60 vs. the industry median of 19.19, Nippon Avionics 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 an Industrial Products company?
The median EV-to-EBIT among Industrial Products companies is 19.19, based on 2,389 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. Nippon Avionics Co's current EV-to-EBIT of 17.85 is 7% 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 Nippon Avionics Co and its competitors. For the Industrial Products industry, the median EV-to-EBIT is 19.19 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nippon Avionics Co's current EV-to-EBIT is 17.85, which is 68% above median its own 10-year median of 10.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nippon Avionics Co stock overvalued right now?
Based on GuruFocus' analysis, Nippon Avionics Co (TSE:6946) is currently considered Significantly Overvalued. The stock's GF Value™ is 円4,390.31, compared to a current price of 円5,940.00 — trading 35.3% above its estimated fair value. The current EV-to-EBIT is 17.85, which is 68% above median its 10-year median of 10.60 and 7% below the Industrial Products industry median of 19.19. Nippon Avionics Co's overall GF Score™ is 84/100 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 Nippon Avionics Co (TSE:6946), the current EV-to-EBIT is 17.85 as of Aug. 28, 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 Nippon Avionics Co (TSE:6946) Overvalued in 2026?

Based on GuruFocus' analysis, Nippon Avionics Co stock appears to be overvalued. The current stock price of 円5,940.00 is trading 35.3% above its estimated GF Value™ of 円4,390.31. GuruFocus considers Nippon Avionics Co to be Significantly Overvalued.

Key valuation signals for TSE:6946:

  • EV-to-EBIT: 17.85 (68% above median its 10-year median of 10.60)
  • GF Value™: 円4,390.31 vs. price of 円5,940.00 (35.3% above fair value)
  • GF Score™: 84/100 with 2 warning signs
  • Industry Position: 7% below the Industrial Products median (#1098 of 2389)

No single metric tells the full story. See the TSE:6946 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Nippon Avionics Co Business Description

Other Exchanges 6NA:Germany
Address Gotanda Kowa Building, 8-1-5, Nishi-Gotanda, Shinagawa-ku, Tokyo, JPN, 141-0031
Nippon Avionics Co Ltd is a manufacturer of electronics equipment. The company is organized into three major business segments - Information System, Joining Equipment, and Infrared Thermography. Information System business provides device products and packaging technologies adopted for the development, manufacture and maintenance of various defence system equipment. The Micro Joining Equipment business active in the manufacture of electronic equipment and electronic parts. It offers a wide range of solutions including welding, soldering, thermocompression bonding, thermal caulking, sealing and ultrasonic bonding. The Infrared Thermography business develops, manufactures and sells infrared thermography camera that visualizes heat.
84GF Score

Get the complete analysis for TSE:6946

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

円5,940.00
Price
円4,390.31
GF Value