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Employees: 2,902
Size Nichiha (7943.T) is a Japan Materials company (Construction Materials) with a market value of $599M, the 979th largest of 1,379 Japan companies the cockpit tracks. Shares closed at ¥2,798 on 6 Nov 2026.
Performance Over six months the shares fell 9.9%, against -12.1% for the median peer and +1.8% for the Japan market (cap-weighted) — 10th highest of 20 in its peer set.
Growth Revenue fell 3.1% over the last twelve months (peer median -2.8%); the operating margin is 7.0% (peer median 6.4%).
Valuation It trades at 13.0× forward earnings against a peer median of 24.4× (2nd cheapest of 10).
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 +4%, so the hurdle is -7 pp: the price already allows for a slowdown.
Capital Return on invested capital runs 0.0 points above its cost of capital (6.0% WACC).
Next results Next results expected around 10 Nov 2026 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | ¥143B | ¥144B | ¥148B | ¥143B | ¥138B |
| Revenue growth | — | -3% | +4% | +3% | — |
| Gross profit | ¥52.0B | ¥51.4B | ¥50.6B | ¥50.5B | ¥51.9B |
| EBITDA | ¥15.4B | ¥14.7B | ¥12.4B | ¥15.6B | ¥15.1B |
| Net income | ¥4.19B | ¥2.48B | ¥2.71B | ¥8.07B | ¥9.04B |
| Free cash flow | n/a | ¥4.26B | ¥6.06B | ¥1.03B | -¥4.54B |
| Capital expenditure | n/a | ¥3.98B | ¥4.41B | ¥6.10B | ¥10.2B |
| Total debt | ¥15.9B | ¥15.9B | ¥16.2B | ¥15.1B | ¥15.5B |
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 | 7943.T | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -0.1% | -5.1% | 5th highest of 21 |
| 6-month return | -9.9% | -12.1% | 10th highest of 20 |
| Distance from 52-week high | -25.1% | -35.3% | 8th highest of 21 |
| Revenue growth (TTM) | -3.1% | -2.8% | 10th lowest of 20 |
| Operating margin | 7.0% | 6.4% | 9th highest of 21 |
| Forward P/E | 13.0× | 24.4× | 2nd cheapest of 10 |
| Growth the price implies (Req g, 7 yrs) | -3.7% | 4.4% | 3rd least demanding of 17 |
| Growth delivered (Del g) | +3.5% | +3.8% | 9th highest of 17 |
| Hurdle (Req g minus delivered) | -7.2 pp | +1.5 pp | 4th least demanding of 17 |
| ROIC minus cost of capital | +0.0 pp | -2.8 pp | 5th highest of 21 |
| EV / EBITDA | 5.7× | 9.4× | 2nd cheapest of 9 |
| Net debt / EBITDA | -0.4× | 1.7× | least indebted of 9 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Nichiha 7943.T | Japan | $599M | -10% | -3% | 7% | 13.0× | -3.7% | +3.5% |
| Sinosteel Luonai Materials Technology 688119.SS | China | $597M | -32% | -2% | -13% | n/a | 3.7% | -0.3% |
| Marshalls MSLH.L | United Kingdom | $597M | +40% | 0% | 8% | 11.8× | 8.2% | +6.1% |
| Sobute New Materials 603916.SS | China | $573M | -24% | -3% | 7% | 27.1× | 1.5% | -0.5% |
| Suncrete RMIX | United States | $646M | -47% | n/a | 1% | 61.2× | n/a | n/a |
| Stewards SWRD | United States | $555M | n/a | +30% | -100% | n/a | n/a | n/a |
| Wagners WGN.AX | Australia | $650M | -4% | +17% | 12% | 20.7× | 10.2% | +9.5% |
| Shinagawa Refra 5351.T | Japan | $551M | -3% | +25% | 7% | n/a | 0.5% | +12.2% |
| Longyan Kaolin Clay 605086.SS | China | $550M | -37% | -9% | 39% | 24.4× | 20.5% | +4.9% |
| Hainan RuiZe New Building Material 002596.SZ | China | $544M | -16% | -16% | -16% | n/a | 35.7% | -16.7% |
| Universal Cement 1104.TW | Taiwan | $543M | -7% | -5% | 16% | n/a | -2.2% | +7.9% |
| Mitsui Matsushima 1518.T | Japan | $526M | +57% | +9% | 14% | n/a | 3.7% | +2.7% |
| Qinglong Pipes Industry 002457.SZ | China | $507M | -12% | +4% | 6% | n/a | 0.0% | +5.1% |
| Fujian Cement 600802.SS | China | $502M | +29% | -22% | -23% | n/a | n/a | n/a |
| Tianjin Tianbao Infrastructure 000965.SZ | China | $476M | -23% | +65% | 8% | n/a | n/a | n/a |
| Jiangxi Wannianqing Cement 000789.SZ | China | $471M | -21% | -28% | -9% | 98.5× | 24.3% | -18.3% |
| Jiangsu Baoli Asphalt 300135.SZ | China | $470M | -17% | -4% | -2% | n/a | 43.7% | -7.5% |
| Jilin Yatai (Group) 600881.SS | China | $776M | +3% | -15% | -21% | n/a | 5.0% | -20.1% |
| Guangdong Dongpeng 003012.SZ | China | $779M | -24% | -15% | 0% | 29.8× | -3.8% | -3.3% |
| Pan-United P52.SI | Singapore | $784M | -9% | +26% | 7% | 15.4× | -5.3% | +17.3% |
| Forterra FORT.L | United Kingdom | $445M | +11% | -5% | 10% | 16.5× | 6.4% | +5.7% |