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← CockpitCompetitor Analysis › 1982.T Hibiya Engineering,Ltd.Open in the cockpit ↗

Hibiya Engineering,Ltd.1982.TCompetitor analysis, valuation and peers

Japan · JPY·Industrials›Engineering & Construction
Momentum neutral 40
Mkt cap
$753M
US dollars, full cap
Free float
47%
of shares outstanding
$/day
$2.73M
20-day average traded
Fwd P/E
11.4×
forward earnings
ROIC−WACC
+9.1 pp
WACC 8.5%
Hurdle
-9 pp
Req g minus delivered
Next earnings
5 days
11 Nov 2026
Close · JPY¥2,775
1D-6.7%
1W-18.3%
1M-13.3%
3M+0.6%
6M-7.8%
YTD+16.2%
1Y+27.0%
ATR %5.3%
52w lowhigh20.4% off high

What Hibiya Engineering,Ltd does

Employees: 967

Hibiya Engineering,Ltd at a glance

Size Hibiya Engineering,Ltd (1982.T) is a Japan Industrials company (Engineering & Construction) with a market value of $753M, the 869th largest of 1,379 Japan companies the cockpit tracks. Shares closed at ¥2,775 on 6 Nov 2026.

Performance Over six months the shares fell 7.8%, against -15.8% for the median peer and +1.8% for the Japan market (cap-weighted) — 7th highest of 20 in its peer set.

Growth Revenue grew 1.7% over the last twelve months (peer median +11.1%); the operating margin is 12.1% (peer median 8.6%).

Valuation It trades at 11.4× forward earnings against a peer median of 15.4× (5th cheapest of 13).

Price implies For today's price to make sense, revenue must grow about -3% a year for seven years (Req g). Recent delivered growth is +5%, so the hurdle is -9 pp: the price already allows for a slowdown.

Capital Return on invested capital runs 9.1 points above its cost of capital (8.5% WACC).

Next results Next results expected around 11 Nov 2026 (exchange calendar; dates can move).

Relative performance

809010011011 May 202611 Aug 20266 Nov 20261982.T 92Peer median 83
Six months, rebased to 100: Hibiya Engineering,Ltd against the median of its 20 peers (local-currency closes).

Hibiya Engineering,Ltd financials

Reported figures in JPY; fiscal year ends 2026-03-31. TTM = trailing twelve months.
TTMFY2025FY2024FY2023FY2022
Revenue¥92.8B¥94.1B¥89.8B¥83.8B¥84.0B
Revenue growth—+5%+7%0%—
Gross profit¥21.9B¥20.9B¥17.1B¥14.8B¥15.0B
EBITDA¥11.5B¥10.9B¥7.71B¥5.95B¥6.14B
Net income¥9.06B¥8.68B¥5.91B¥4.80B¥4.64B
Free cash flown/a¥11.5B-¥847M¥3.92B¥911M
Capital expendituren/a¥266M¥313M¥306M¥365M
Total debt¥3.69B¥14.0M¥17.0M¥7.00M¥13.0M

Quarterly statements and history in the cockpit →

Hibiya Engineering,Ltd 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

-60%-40%-20%0%+20%-20%-10%0%097230SXE6033121879ISGECPOWERMECHBWMNGMRP&UI600284CEIGALL0737195260388730069230111500237525351982.T6-month return →1-month return →
Up and to the right = strong over both horizons. Hibiya Engineering,Ltd is the large dot.

Fundamentals: revenue growth against valuation

-10%0%+10%+20%+30%0×50×100×097230SXE603312POWERMECHBWMNGMRP&UICEIGALLGRINFRA07373011151982.TRevenue growth (TTM) →Forward P/E →
Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. Hibiya Engineering,Ltd is the large dot.

Capital: growth delivered against growth the price implies

-20%0%+20%+40%+60%-25%0%25%50%SXE6033121879ISGECBWMNFDC0737195230069200237525351982.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. Hibiya Engineering,Ltd is the large dot.

Hibiya Engineering,Ltd competitors and peer comparison

How Hibiya Engineering,Ltd 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.

Hibiya Engineering,Ltd against its 20 peers (data as of 6 Nov 2026)
Measure1982.TPeer medianRank in peer set
1-month return-13.3%-4.8%6th lowest of 21
6-month return-7.8%-15.8%7th highest of 20
Distance from 52-week high-20.4%-32.0%7th highest of 21
Revenue growth (TTM)+1.7%+11.1%6th lowest of 21
Operating margin12.1%8.6%7th highest of 21
Forward P/E11.4×15.4×5th cheapest of 13
Growth the price implies (Req g, 7 yrs)-3.4%0.6%6th least demanding of 13
Growth delivered (Del g)+5.2%+7.8%5th lowest of 13
Hurdle (Req g minus delivered)-8.6 pp-12.4 pp7th least demanding of 13
ROIC minus cost of capital+9.1 pp-0.2 pp4th highest of 20
EV / EBITDA7.8×10.3×4th cheapest of 12
Net debt / EBITDA-2.6×0.3×3rd least indebted of 12

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
CompanyMarketMarket cap6M returnRevenue growthOp. marginForward P/EReq gDelivered g
Hibiya Engineering,Ltd 1982.TJapan$753M-8%+2%12%11.4×-3.4%+5.2%
Hj Shipbuilding & Construction 097230.KSSouth Korea$752M-61%+27%6%5.7×n/an/a
Southern Cross Electrical Engineering SXE.AXAustralia$755M-14%-10%9%16.9×-4.8%+14.2%
Suzhou West Deane New Power Electric 603312.SSChina$750M-18%-8%9%20.2×7.1%+62.0%
Shinnihon 1879.TJapan$759M+6%+7%14%n/a-21.3%+6.3%
ISGEC Heavy Engineering ISGEC.NSIndia$746M-11%+21%6%n/a22.1%+5.0%
Power Mech Projects POWERMECH.NSIndia$761M-12%+16%10%16.1×n/an/a
Bowman Consulting BWMNUnited States$745M-19%+14%5%18.8×30.3%+32.1%
GMR Power and Urban Infra GMRP&UI.NSIndia$763M-17%+4%14%14.6×n/an/a
FDC Consolidated FDC.AXAustralia$763Mn/a+13%-1%13.9×-6.2%+12.9%
Shanghai Pudong Construction 600284.SSChina$739M-28%-17%1%n/an/an/a
Ceigall India CEIGALL.NSIndia$708M+5%+20%13%18.5×n/an/a
G R Infraprojects GRINFRA.NSIndia$803M-21%+25%16%8.9×n/an/a
Shenzhen Investment Holdings Bay Area Development 0737.HKHong Kong$803M-4%+11%30%8.9×14.6%-2.4%
Shin Nippon Air Technologies 1952.TJapan$803M-25%+11%9%8.7×1.3%+7.6%
Shanghai CDXJ Digital Technology 603887.SSChina$705M-49%+79%3%n/an/an/a
Anhui Orivie Technology 300692.SZChina$702M-7%-6%21%n/a10.9%+0.1%
United Testing Inspection And Certification Technology 301115.SZChina$702M+22%+5%-1%135.5×n/an/a
Zhejiang Yasha Decoration 002375.SZChina$695M-16%-25%6%n/a-0.2%-3.3%
Da-Cin Construction 2535.TWTaiwan$693M+23%+36%8%n/a-10.6%+7.9%
Shanghai Research Institute of Building Sciences 603153.SSChina$820M-22%+10%8%n/a-6.2%+12.6%

Questions

Which companies are Hibiya Engineering,Ltd's closest peers?
The cockpit's peer set: Hj Shipbuilding & Construction (097230.KS), Southern Cross Electrical Engineering (SXE.AX), Suzhou West Deane New Power Electric (603312.SS), Shinnihon (1879.T), ISGEC Heavy Engineering (ISGEC.NS), Power Mech Projects (POWERMECH.NS), Bowman Consulting (BWMN), GMR Power and Urban Infra (GMRP&UI.NS).
Is Hibiya Engineering,Ltd expensive compared with its peers?
On forward p/e it trades at 11.4× against a peer median of 15.4×, 5th cheapest of 13 in its peer set. For today's price to make sense, revenue must grow about -3% a year for seven years (Req g). Recent delivered growth is +5%, so the hurdle is -9 pp: the price already allows for a slowdown.
How has Hibiya Engineering,Ltd stock performed?
Over six months to 6 Nov 2026 the shares returned -7.8% against -15.8% for the median peer; over one year +27.0%.

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.