Nitto Denko Corp
TSE:6988

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Nitto Denko Corp
TSE:6988
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Price: 3 224 JPY 0.37%
Market Cap: ¥2.2T

EV/EBIT

10.2
Current
31%
More Expensive
vs 3-y average of 7.8

Enterprise Value to EBIT (EV/EBIT) ratio compares a company`s total enterprise value to its earnings before interest and taxes. It shows how much investors are paying for each dollar of the company`s earnings, including both equity and debt.

EV/EBIT
10.2
=
Enterprise Value
¥2.1T
/
EBIT
¥180.6B

Enterprise Value to EBIT (EV/EBIT) ratio compares a company`s total enterprise value to its earnings before interest and taxes. It shows how much investors are paying for each dollar of the company`s earnings, including both equity and debt.

EV/EBIT
10.2
=
Enterprise Value
¥2.1T
/
EBIT
¥180.6B

Valuation Scenarios

Nitto Denko Corp is trading above its 3-year average

If EV/EBIT returns to its 3-Year Average (7.8), the stock would be worth ¥2 469.15 (23% downside from current price).

Statistics
Positive Scenarios
2/3
Maximum Downside
-23%
Maximum Upside
+34%
Average Upside
12%
Scenario EV/EBIT Value Implied Price Upside/Downside
Current Multiple 10.2 ¥3 224
0%
3-Year Average 7.8 ¥2 469.15
-23%
Industry Average 12.7 ¥4 020.61
+25%
Country Average 13.6 ¥4 330.25
+34%

Forward EV/EBIT
Today’s price vs future ebit

Not enough data available to calculate forward EV/EBIT

Peer Comparison

All Multiples
EV/EBIT
P/E
All Countries
Close
Market Cap EV/EBIT P/E
JP
Nitto Denko Corp
TSE:6988
2.2T JPY 10.2 16.2
US
Sherwin-Williams Co
NYSE:SHW
83.6B USD 24.8 32.6
JP
Shin-Etsu Chemical Co Ltd
TSE:4063
12.7T JPY 17.8 26.1
US
Ecolab Inc
NYSE:ECL
76.6B USD 28.8 36.9
JP
Yasuhara Chemical Co Ltd
TSE:4957
10.8T JPY 7.1 10.5
CN
Wanhua Chemical Group Co Ltd
SSE:600309
274.4B CNY 18 20.8
CH
Givaudan SA
SIX:GIVN
26B CHF 21.6 24.3
DK
Novozymes A/S
CSE:NZYM B
165.6B DKK 37.9 54.8
IN
Asian Paints Ltd
NSE:ASIANPAINT
2.4T INR 45.6 61.8
US
PPG Industries Inc
NYSE:PPG
24.6B USD 13.5 15.6
CH
Sika AG
F:SIKA
19.9B EUR 14.2 17.5

Market Distribution

In line with most companies in Japan
Percentile
32st
Based on 4 801 companies
32st percentile
10.2
Low
0.1 — 9.8
Typical Range
9.8 — 18.1
High
18.1 —
Distribution Statistics
Japan
Min 0.1
30th Percentile 9.8
Median 13.6
70th Percentile 18.1
Max 414 821 439

Nitto Denko Corp
Glance View

Market Cap
2.2T JPY
Industry
Chemicals

Nitto Denko Corp., a trailblazer in the world of advanced material manufacturing, has carved a niche for itself by transforming everyday convenience and innovation. Rooted in its Japanese heritage, the company has evolved from its beginnings in 1918 as a modest producer of electrical insulation materials to becoming a multifaceted global powerhouse. Today, Nitto's portfolio stretches across a wide spectrum of industries, including electronics, healthcare, and automotive, each segment contributing to its diversified revenue streams. The secret to its success lies in a commitment to research and development, resulting in breakthrough products like polarizing films for LCD screens, which are indispensable to the visual clarity of digital devices, and specialized adhesives that find applications in automotive and medical fields. What sets Nitto Denko apart is its ability to anticipate market demands and innovate accordingly. The company's revenue generation can be attributed to its robust production of advanced optical films and industrial tapes, both critical components in consumer electronics and automotive manufacturing. Additionally, its investment in life sciences has led to lucrative ventures in transdermal drug delivery systems, showcasing its adaptability in the healthcare sector. By leveraging its technological expertise and strategic foresight, Nitto continues to maintain a competitive edge, ensuring steady growth and sustainability in rapidly evolving markets.

Intrinsic Value
2 715.64 JPY
Overvaluation 16%
Intrinsic Value
Price ¥3 224
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