ASICS (ASCCF) EBIT: $1,070 Mil (TTM As of Mar. 2026)


ASCCF ASICS Corp ASCCF
90 GF Score
Price $26.20
GF Value $25.34
Valuation Fairly Valued
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What is ASICS EBIT?

ASICS ASCCF +2.46% 90 EBIT is $1,070 Mil as of Mar. 2026. GuruFocus rates ASCCF with a GF Score™ of 90/100 and a GF Value™ of $25.34 (Fairly Valued).

ASICS's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was $398 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was $1,070 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. ASICS's annualized ROC % for the quarter that ended in Mar. 2026 was 45.44%. ASICS's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 144.56%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. ASICS's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 5.63%.


ASICS  (OTCPK:ASCCF) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

ASICS's annualized ROC % for the quarter that ended in Mar. 2026 is calculated as:

ROC % (Q: Mar. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2025 ) + Invested Capital (Q: Mar. 2026 ))/ count )
=1531.684 * ( 1 - 24.56% )/( (2376.622 + 2709.413)/ 2 )
=1155.5024096/2543.0175
=45.44 %

where

Invested Capital(Q: Dec. 2025 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=3761.537 - 664.862 - ( 720.053 - max(0, 1563.198 - 2629.208+720.053))
=2376.622

Invested Capital(Q: Mar. 2026 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=4033.855 - 572.066 - ( 752.376 - max(0, 1610.913 - 2912.844+752.376))
=2709.413

Note: The Operating Income data used here is four times the quarterly (Mar. 2026) data.

2. Joel Greenblatt's definition of Return on Capital:

ASICS's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=1593.496/( ( (286.618 + max(624.955, 0)) + (272.556 + max(1020.464, 0)) )/ 2 )
=1593.496/( ( 911.573 + 1293.02 )/ 2 )
=1593.496/1102.2965
=144.56 %

where Working Capital is:

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(569.56 + 1147.85 + 191.745) - (664.862 + 0 + 619.338)
=624.955

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(815.155 + 1076.973 + 230.296) - (572.066 + 0 + 529.894)
=1020.464

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

ASICS's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=1070.395/19000.950
=5.63 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


ASICS EBIT Related Terms


ASICS EBIT Historical Data

* Premium members only.

The historical data trend for ASICS's EBIT can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

ASICS EBIT Chart

ASICS Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 139.18 232.48 384.90 641.49 922.26

ASICS Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 299.41 266.75 318.41 86.86 398.37

ASCCF vs NKE, DECK, ONON: EBIT Comparison

For the Footwear & Accessories subindustry, ASICS's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


ASICS EV-to-EBIT vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, ASICS's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where ASICS's EV-to-EBIT falls into.


ASCCF
90GF Score
ASICS Corp ASCCF
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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ASICS EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $1,070 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about EBIT →
What does a EBIT of $1,070 Mil mean?
ASICS (ASCCF) has a EBIT of $1,070 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on ASICS.
Is ASICS's EBIT too high?
ASICS's current EBIT is $1,070 Mil. Overall, ASICS has a GF Score™ of 90/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does ASICS's EBIT compare to NKE and DECK?
ASICS's EBIT of $1,070 Mil can be compared against companies in the Manufacturing - Apparel & Accessories industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBIT for a Manufacturing - Apparel & Accessories company?
A good EBIT depends on the Manufacturing - Apparel & Accessories industry context. However, EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EBIT mean?
A high EBIT can signal that a stock is expensive relative to its fundamentals. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on ASICS. ASICS's current EBIT is $1,070 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ASICS stock overvalued right now?
Based on GuruFocus' analysis, ASICS (ASCCF) is currently considered Fairly Valued. The stock's GF Value™ is $25.34, compared to a current price of $26.20 — trading 3.4% above its estimated fair value. The current EBIT is $1,070 Mil. ASICS's overall GF Score™ is 90/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBIT calculated?
EBIT is calculated from a company's financial statements. For ASICS (ASCCF), the current EBIT is $1,070 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is ASICS (ASCCF) Overvalued in 2026?

Based on GuruFocus' analysis, ASICS stock appears to be overvalued. The current stock price of $26.20 is trading 3.4% above its estimated GF Value™ of $25.34. GuruFocus considers ASICS to be Fairly Valued.

Key valuation signals for ASCCF:

  • EBIT: $1,070 Mil
  • GF Value™: $25.34 vs. price of $26.20 (3.4% above fair value)
  • GF Score™: 90/100

No single metric tells the full story. See the ASCCF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


ASICS Business Description

Address 1-2-4 Sannomiyacho, Yamato Kobe Building, Chuo-ku, Hyogo Prefecture, Kobe, JPN, 650-0021
Founded in 1949 in Kobe, Japan, Asics is a leading sports footwear brand specializing in performance running shoes. Asics is well-known for its stability running shoe Gel-Kayano, which has been popular among runners for over 30 years thanks to its cushioning technology. It also owns Onitsuka Tiger, which is currently positioned as a premium sportswear lifestyle brand. In 2025, Asics had annual sales of over JPY 810 billion and command over 10% of the global performance running market share.
90GF Score

Get the complete analysis for ASCCF

EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$26.20
Price
$25.34
GF Value