Employees: 1,491
Size Yahagi Construction (1870.T) is a Japan Industrials company (Engineering & Construction) with a market value of $557M, the 1007th largest of 1,379 Japan companies the cockpit tracks. Shares closed at ¥2,039 on 6 Nov 2026.
Performance Over six months the shares fell 4.4%, against -15.3% for the median peer and +1.8% for the Japan market (cap-weighted) — 6th highest of 19 in its peer set.
Growth Revenue grew 3.0% over the last twelve months (peer median +7.8%); the operating margin is 7.3% (peer median 4.7%).
Valuation It trades at 8.8× forward earnings against a peer median of 13.5× (3rd cheapest of 9).
Price implies For today's price to make sense, revenue must grow about -4% a year for seven years (Req g). Recent delivered growth is +10%, so the hurdle is -13 pp: the price already allows for a slowdown.
Capital Return on invested capital runs 2.8 points above its cost of capital (8.1% WACC).
Next results Next results expected around 10 Nov 2026 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | ¥160B | ¥169B | ¥141B | ¥120B | ¥111B |
| Revenue growth | — | +20% | +17% | +8% | — |
| Gross profit | ¥24.0B | ¥26.0B | ¥19.4B | ¥19.8B | ¥16.6B |
| EBITDA | ¥12.6B | ¥14.7B | ¥9.79B | ¥10.7B | ¥8.16B |
| Net income | ¥8.86B | ¥8.47B | ¥5.64B | ¥6.46B | ¥4.51B |
| Free cash flow | n/a | ¥8.59B | -¥18.0B | ¥7.83B | ¥1.47B |
| Capital expenditure | n/a | ¥1.26B | ¥845M | ¥2.40B | ¥2.68B |
| Total debt | ¥14.6B | ¥30.8B | ¥38.6B | ¥22.4B | ¥31.9B |
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.
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.
| Measure | 1870.T | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -0.3% | -6.5% | 7th highest of 21 |
| 6-month return | -4.4% | -15.3% | 6th highest of 19 |
| Distance from 52-week high | -19.5% | -33.6% | 4th highest of 21 |
| Revenue growth (TTM) | +3.0% | +7.8% | 10th lowest of 21 |
| Operating margin | 7.3% | 4.7% | 5th highest of 21 |
| Forward P/E | 8.8× | 13.5× | 3rd cheapest of 9 |
| Growth the price implies (Req g, 7 yrs) | -3.5% | 6.3% | 3rd least demanding of 11 |
| Growth delivered (Del g) | +9.7% | +9.5% | 5th highest of 10 |
| Hurdle (Req g minus delivered) | -13.2 pp | -2.7 pp | 4th least demanding of 10 |
| ROIC minus cost of capital | +2.8 pp | -1.8 pp | 6th highest of 20 |
| EV / EBITDA | 6.8× | 11.3× | 3rd cheapest of 11 |
| Net debt / EBITDA | -0.1× | 1.8× | 5th least indebted of 13 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Yahagi Construction 1870.T | Japan | $557M | -4% | +3% | 7% | 8.8× | -3.5% | +9.7% |
| Fujian Yongfu Power Engineering 300712.SZ | China | $558M | -26% | -16% | -1% | 43.1× | 36.9% | +11.7% |
| Obrascon Huarte Lain OHLA.MC | Spain | $556M | -20% | -3% | 4% | n/a | n/a | n/a |
| Sinoma Energy Conservation 603126.SS | China | $553M | -26% | +47% | 1% | n/a | n/a | n/a |
| Nyab NYAB.ST | Sweden | $566M | +29% | +21% | 6% | 14.2× | -5.8% | +244.6% |
| Capital Infra Trust CAPINVIT.NS | India | $548M | +13% | +421% | 55% | n/a | -4.0% | n/a |
| ITG ITG | United States | $568M | n/a | +16% | 7% | 5.6× | n/a | n/a |
| BES Engineering 2515.TW | Taiwan | $546M | -14% | +1% | 5% | 8.4× | 12.2% | +9.0% |
| Civmec P9D.SI | Singapore | $570M | -1% | +19% | 9% | 13.1× | n/a | n/a |
| China Haisum Engineering 002116.SZ | China | $573M | -16% | -6% | 5% | 11.9× | n/a | n/a |
| Assystem ASY.PA | France | $574M | -16% | +4% | 5% | 15.7× | 11.1% | +8.4% |
| Shenzhen Strongteam Decoration Engineering 002989.SZ | China | $540M | -39% | +2% | -29% | n/a | n/a | n/a |
| Asahi Kogyosha 1975.T | Japan | $537M | -15% | +17% | 11% | n/a | -3.1% | +8.3% |
| Guangdong Provincial Academy of Building Research 301632.SZ | China | $537M | -43% | +13% | 7% | n/a | n/a | n/a |
| Lycopodium LYL.AX | Australia | $536M | +51% | +12% | 12% | 13.9× | -2.5% | +18.8% |
| Hainan Jingliang 000505.SZ | China | $583M | -14% | -19% | -4% | n/a | n/a | n/a |
| Longjian Road & Bridge 600853.SS | China | $532M | -12% | -10% | 5% | n/a | 5.9% | +8.3% |
| Ebro EV Motors EBROM.MC | Spain | $532M | -2% | +336% | 0% | n/a | n/a | n/a |
| InstallatorGruppen A/S IG.CO | Denmark | $584M | n/a | +51% | 4% | n/a | 9.1% | +50.8% |
| Super Telecom 603322.SS | China | $531M | -31% | -29% | -3% | n/a | 6.7% | +9.5% |
| Anhui Tongyuan Environment Energy Saving 688679.SS | China | $586M | -43% | -17% | 0% | n/a | n/a | n/a |