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← CockpitCompetitor Analysis › 1898.T Seikitokyu Kogyo Co., Ltd.Open in the cockpit ↗

Seikitokyu Kogyo Co., Ltd.1898.TCompetitor analysis, valuation and peers

Japan · JPY·Industrials›Engineering & Construction
Momentum neutral 43
Mkt cap
$318M
US dollars, full cap
Free float
64%
of shares outstanding
$/day
$1.73M
20-day average traded
Fwd P/E
n/m
no positive forecast
ROIC−WACC
+8.4 pp
WACC 5.9%
Hurdle
-16 pp
Req g minus delivered
Next earnings
95 days
9 Feb 2027
Close · JPY¥1,393
1D-1.5%
1W-2.1%
1M-3.0%
3M-5.9%
6M-4.1%
YTD-15.5%
1Y-6.6%
ATR %1.4%
52w lowhigh19.4% off high

What Seikitokyu Kogyo does

Employees: 1,169

Seikitokyu Kogyo at a glance

Size Seikitokyu Kogyo (1898.T) is a Japan Industrials company (Engineering & Construction) with a market value of $318M, the 1331st largest of 1,379 Japan companies the cockpit tracks. Shares closed at ¥1,393 on 6 Nov 2026.

Performance Over six months the shares fell 4.1%, against -18.2% for the median peer and +1.8% for the Japan market (cap-weighted) — 6th highest of 20 in its peer set.

Growth Revenue fell 4.5% over the last twelve months (peer median +1.8%); the operating margin is 6.6% (peer median 5.8%).

Valuation It trades at 0.4× enterprise value to sales against a peer median of 0.9× (cheapest of 20).

Price implies For today's price to make sense, revenue must grow about -15% a year for seven years (Req g). Recent delivered growth is +1%, so the hurdle is -16 pp: the price already allows for a slowdown.

Capital Return on invested capital runs 8.4 points above its cost of capital (5.9% WACC).

Next results Next results expected around 9 Feb 2027 (exchange calendar; dates can move).

Relative performance

809010011 May 202611 Aug 20266 Nov 20261898.T 95Peer median 83
Six months, rebased to 100: Seikitokyu Kogyo against the median of its 20 peers (local-currency closes).

Seikitokyu Kogyo financials

Reported figures in JPY; fiscal year ends 2026-03-31. TTM = trailing twelve months.
TTMFY2025FY2024FY2023FY2022
Revenue¥94.6B¥95.3B¥99.4B¥88.0B¥92.4B
Revenue growth—-4%+13%-5%—
Gross profit¥12.8B¥12.8B¥12.0B¥9.95B¥8.80B
EBITDA¥8.21B¥8.38B¥7.88B¥6.21B¥4.82B
Net income¥4.46B¥4.67B¥3.89B¥2.74B¥1.13B
Free cash flown/a¥9.61B-¥2.31B¥8.02B-¥2.67B
Capital expendituren/a¥1.81B¥1.34B¥2.93B¥5.05B
Total debt¥6.68B¥6.61B¥6.71B¥6.81B¥6.91B

Quarterly statements and history in the cockpit →

Seikitokyu Kogyo 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

-50%0%+50%-20%-10%0%MRB1793600463300198VINDHYATEL1945301027000548KNRCONCAPD99291811PSPPROJECTASHOKA1967IMSR0107801898.T6-month return →1-month return →
Up and to the right = strong over both horizons. Seikitokyu Kogyo is the large dot.

Fundamentals: revenue growth against valuation

0%+100%+200%0×10×20×30×MRB1793600463300198VINDHYATEL1945301027000548KNRCONBONDADA99291898.TRevenue growth (TTM) →EV / Sales →
Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. Seikitokyu Kogyo is the large dot.

Capital: growth delivered against growth the price implies

0%+20%+40%+60%0%25%50%1945301027BONDADACAPD1811JKILPSPPROJECTASHOKA1898.TGrowth delivered (Del g) →Growth the price implies (Req g, 7 yrs) →
Above the diagonal = the price needs more growth than the company has been delivering; below = the price already allows for a slowdown. Seikitokyu Kogyo is the large dot.

Seikitokyu Kogyo competitors and peer comparison

How Seikitokyu Kogyo 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.

Seikitokyu Kogyo against its 20 peers (data as of 6 Nov 2026)
Measure1898.TPeer medianRank in peer set
1-month return-3.0%-6.8%6th highest of 20
6-month return-4.1%-18.2%6th highest of 20
Distance from 52-week high-19.4%-33.7%4th highest of 20
Revenue growth (TTM)-4.5%+1.8%9th lowest of 21
Operating margin6.6%5.8%9th highest of 20
EV / Sales0.4×0.9×cheapest of 20
Growth the price implies (Req g, 7 yrs)-15.2%-1.1%least demanding of 10
Growth delivered (Del g)+1.1%+7.1%3rd lowest of 10
Hurdle (Req g minus delivered)-16.3 pp-4.6 pp5th least demanding of 10
ROIC minus cost of capital+8.4 pp-2.4 pp2nd highest of 20
EV / EBITDA4.6×8.3×5th cheapest of 12
Net debt / EBITDA-1.6×0.3×3rd least indebted of 15

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
CompanyMarketMarket cap6M returnRevenue growthOp. marginEV / SalesReq gDelivered g
Seikitokyu Kogyo 1898.TJapan$318M-4%-5%7%0.4×-15.2%+1.1%
Mirbud MRB.WAPoland$319M+10%+6%4%0.5×n/an/a
Ohmoto Gumi 1793.TJapan$320M+15%+36%4%0.4×n/an/a
Beijing Airport High-Tech Park 600463.SSChina$314M-35%+15%-9%3.9×n/an/a
Fujian Newchoice Pipe Technology 300198.SZChina$311M-21%+37%-154%21.8×n/an/a
Vindhya Telelinks VINDHYATEL.NSIndia$310M+47%-18%7%0.9×n/an/a
Tokyo Energy & Systems 1945.TJapan$326M-10%+29%6%0.7×3.0%+6.9%
Hualan 301027.SZChina$310M-43%+12%4%2.7×22.0%-7.9%
Hunan Investment 000548.SZChina$326M-18%-19%19%4.4×n/an/a
KNR Constructions KNRCON.NSIndia$327M-19%-38%25%1.1×n/an/a
Bondada Engineering BONDADA.NSIndia$327Mn/a+202%11%1.0×20.0%+58.2%
Capital CAPD.LUnited Kingdom$329M-4%+16%15%0.7×-4.9%+20.0%
SEM 9929.HKHong Kong$306M-8%+34%-81%28.9×n/an/a
Zenitaka 1811.TJapan$306M-20%-7%2%0.5×-1.1%+3.5%
J. Kumar Infraprojects JKIL.NSIndia$331M-20%-2%11%0.5×-2.1%+17.4%
PSP Projects PSPPROJECT.NSIndia$333M-7%+45%4%0.9×29.2%+20.5%
Ashoka Buildcon ASHOKA.NSIndia$303M-27%-25%19%0.4×-10.6%+7.1%
Yamato 1967.TJapan$302M0%-4%11%0.7×n/an/a
Terrestrial Energy IMSRUnited States$301M-62%-100%n/an/an/an/a
Huitong Construction 603176.SSChina$340M-14%-24%5%1.9×n/an/a
IS Dongseo 010780.KSSouth Korea$296M-48%-13%9%1.3×-2.0%+0.6%

Questions

Which companies are Seikitokyu Kogyo's closest peers?
The cockpit's peer set: Mirbud (MRB.WA), Ohmoto Gumi (1793.T), Beijing Airport High-Tech Park (600463.SS), Fujian Newchoice Pipe Technology (300198.SZ), Vindhya Telelinks (VINDHYATEL.NS), Tokyo Energy & Systems (1945.T), Hualan (301027.SZ), Hunan Investment (000548.SZ).
Is Seikitokyu Kogyo expensive compared with its peers?
On ev / sales it trades at 0.4× against a peer median of 0.9×, cheapest of 20 in its peer set. For today's price to make sense, revenue must grow about -15% a year for seven years (Req g). Recent delivered growth is +1%, so the hurdle is -16 pp: the price already allows for a slowdown.
How has Seikitokyu Kogyo stock performed?
Over six months to 6 Nov 2026 the shares returned -4.1% against -18.2% for the median peer; over one year -6.6%.

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.