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← CockpitCompetitor Analysis › 1515.T Nittetsu Mining Co., Ltd.Open in the cockpit ↗

Nittetsu Mining Co., Ltd.1515.TCompetitor analysis, valuation and peers

Japan · JPY·Industrials›Miscellaneous Commercial Services

Japanese miner of limestone and quicklime, also holding real estate and other diversified industrial interests.

≈ A small, diversified Japanese mining/industrial holding companyMomentum weak 33
Mkt cap
$1.34B
US dollars, full cap
Free float
53%
of shares outstanding
$/day
$9.70M
20-day average traded
Fwd P/E
n/m
no positive forecast
ROIC−WACC
-3.8 pp
WACC 10.5%
Hurdle
n/a
no reverse DCF
Close · JPY¥2,643
1D-3.8%
1W-7.3%
1M-16.5%
3M-15.6%
6M+9.6%
YTD+18.1%
1Y+51.1%
ATR %6.1%
52w lowhigh41.7% off high

What Nittetsu Mining does

Japanese miner of limestone and quicklime, also holding real estate and other diversified industrial interests.

In one line: A small, diversified Japanese mining/industrial holding company.

Products and services

  • Limestone/quicklime mining
  • Real estate leasing
  • Other industrial investments

Customers

  • Steelmakers
  • Construction materials makers

Where it sits in the supply chain

  • Materials
  • Mining and industrial materials
  • Limestone/quicklime mining, real estate

What could go right

  • Construction/steel demand for limestone

What could go wrong

  • Construction cyclicality

Moat: none (scale). Small diversified miner/holding company without a dominant scale or unique resource position.

Headquarters: Tokyo, Japan · Founded: 1934 · Employees: 2,175

Named competitors

  • Nittetsu Mining rivals: local limestone quarries private or unlisted
  • Ube Material Industries private or unlisted

Nittetsu Mining at a glance

Size Nittetsu Mining (1515.T) is a Japan Industrials company (Miscellaneous Commercial Services) with a market value of $1.34B, the 614th largest of 1,379 Japan companies the cockpit tracks. Shares closed at ¥2,643 on 6 Nov 2026.

Performance Over six months the shares gained 9.6%, against -11.7% for the median peer and +1.8% for the Japan market (cap-weighted) — 8th highest of 21 in its peer set.

Growth Revenue grew 12.8% over the last twelve months (peer median +8.6%); the operating margin is 9.2% (peer median 8.4%).

Valuation It trades at 1.1× enterprise value to sales against a peer median of 3.3× (4th cheapest of 21).

Capital Return on invested capital runs 3.8 points below its cost of capital (10.5% WACC).

Relative performance

10012515011 May 202611 Aug 20266 Nov 20261515.T 109Peer median 87
Six months, rebased to 100: Nittetsu Mining against the median of its 20 peers (local-currency closes).

Nittetsu Mining financials

Reported figures in JPY; fiscal year ends 2026-03-31. TTM = trailing twelve months.
TTMFY2025FY2024FY2023FY2022
Revenue¥221B¥210B¥197B¥167B¥164B
Revenue growth—+7%+18%+2%—
Gross profit¥45.5B¥43.8B¥34.2B¥33.4B¥34.9B
EBITDA¥27.7B¥26.3B¥18.7B¥17.2B¥19.0B
Net income¥15.5B¥14.0B¥9.02B¥6.60B¥9.78B
Free cash flown/a-¥25.2B¥2.25B¥2.57B¥8.42B
Capital expendituren/a¥32.9B¥15.5B¥6.42B¥7.42B
Total debt¥70.6B¥64.1B¥24.4B¥22.2B¥22.9B

Quarterly statements and history in the cockpit →

Nittetsu Mining competitor charts

The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.

Performance: 6-month against 1-month return

0%+50%-20%0%9746CMPDI0023386881372384600654688757CONCORDBIO688112BMAG688351688128DBGICFICRAI6888006882021515.T6-month return →1-month return →
Up and to the right = strong over both horizons. Nittetsu Mining is the large dot.

Fundamentals: revenue growth against valuation

-20%0%+20%0×5×10×15×9746CMPDI0023386881372384600654688757CONCORDBIO688112BMAG688351688128DBGICFICRAI6006456888006882021515.TRevenue growth (TTM) →EV / Sales →
Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. Nittetsu Mining is the large dot.

Nittetsu Mining competitors and peer comparison

How Nittetsu Mining compares with its peers

Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.

Nittetsu Mining against its 20 peers (data as of 6 Nov 2026)
Measure1515.TPeer medianRank in peer set
1-month return-16.5%-6.9%4th lowest of 21
6-month return+9.6%-11.7%8th highest of 21
Distance from 52-week high-41.7%-33.8%7th lowest of 21
Revenue growth (TTM)+12.8%+8.6%8th highest of 21
Operating margin9.2%8.4%10th highest of 21
EV / Sales1.1×3.3×4th cheapest of 21
ROIC minus cost of capital-3.8 pp+0.7 pp8th lowest of 21
EV / EBITDA9.1×9.3×4th cheapest of 8
Net debt / EBITDA1.1×1.3×4th least indebted of 8

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
CompanyMarketMarket cap6M returnRevenue growthOp. marginEV / SalesReq gDelivered g
Nittetsu Mining 1515.TJapan$1.34B+10%+13%9%1.1×n/an/a
TKC 9746.TJapan$1.34B+21%+14%22%1.9×-9.9%+4.2%
Central Mine Planning & Design Institute CMPDI.NSIndia$1.34B-15%+10%33%4.8×4.0%+18.7%
Changchun Up Optotech 002338.SZChina$1.34B-39%+22%2%11.0×n/an/a
Suzhou Novoprotein Scientific 688137.SSChina$1.33B+161%+8%-62%51.3×n/an/a
SBS 2384.TJapan$1.38B+32%+22%6%0.6×-8.2%+13.8%
China Security 600654.SSChina$1.39B-31%-30%-1%3.7×56.7%+0.4%
Wintech Nano (Suzhou) 688757.SSChina$1.39B-18%+23%7%16.4×n/an/a
Concord Biotech CONCORDBIO.NSIndia$1.40B+2%+4%28%10.9×47.1%+11.6%
Siglent Technologies 688112.SSChina$1.41B-5%+30%24%11.0×31.3%+22.0%
Bajaj Mobility BMAG.SWSwitzerland$1.28B+86%-47%-44%1.9×n/an/a
Shanghai MicroPort EP Medtech 688351.SSChina$1.27B-23%+20%3%13.3×41.7%+26.7%
China National Electric Apparatus Research Institute 688128.SSChina$1.42B-12%+8%11%1.7×4.0%+13.5%
Derichebourg DBG.PAFrance$1.42B-24%-3%5%0.6×6.8%+6.3%
ICF International ICFIUnited States$1.43B+14%-8%8%1.0×-2.2%+4.4%
CRA International CRAIUnited States$1.24B+42%+11%10%1.9×n/an/a
Shanxi Huaxiang 603112.SSChina$1.24B-26%+9%11%1.9×1.4%+16.2%
Vcanbio Cell & Gene Engineering 600645.SSChina$1.23B-32%-6%12%4.7×11.0%+1.9%
Suzhou Recodeal Interconnect System 688800.SSChina$1.47B-55%+5%9%3.0×26.1%+38.9%
Jadard Technology 688252.SSChina$1.22B-12%+6%12%2.7×13.3%+31.3%
Shanghai Medicilon 688202.SSChina$1.47B+18%+42%-2%6.3×n/an/a

Questions

Who are Nittetsu Mining's main competitors?
Named competitors: Nittetsu Mining rivals: local limestone quarries (private or unlisted), Ube Material Industries (private or unlisted). The cockpit's measured peer set (industry) also includes TKC (9746.T), Central Mine Planning & Design Institute (CMPDI.NS), Changchun Up Optotech (002338.SZ), Suzhou Novoprotein Scientific (688137.SS), SBS (2384.T), China Security (600654.SS).
Is Nittetsu Mining expensive compared with its peers?
On ev / sales it trades at 1.1× against a peer median of 3.3×, 4th cheapest of 21 in its peer set.
How has Nittetsu Mining stock performed?
Over six months to 6 Nov 2026 the shares returned +9.6% against -11.7% for the median peer; over one year +51.1%.

How these numbers are made. Returns are close-to-close in local currency. Revenue growth and margins are trailing twelve months. Req g is the revenue growth that today's enterprise value requires for seven years at the company's own cost of capital; Delivered g is what it actually grew; the gap is the hurdle (honest precision about ±8 points, so read the ranking more than the decimal). No fair values, price targets or analyst ratings are shown, by design. Method and validation.