Kokusai Electric (FRA:69B) EBIT: €240 Mil (TTM As of Mar. 2026)


FRA:69B Kokusai Electric Corp FRA:69B
32 GF Score
Price €49.60
GF Value €22.90
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Kokusai Electric EBIT?

Kokusai Electric FRA:69B -2.75% 32 EBIT is €240 Mil as of Mar. 2026. GuruFocus rates FRA:69B with a GF Score™ of 32/100 and a GF Value™ of €22.90 (Significantly Overvalued). The stock has 5 warning signs investors should review.

Kokusai Electric's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was €51 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was €240 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Kokusai Electric's annualized ROC % for the quarter that ended in Mar. 2026 was 10.73%. Kokusai Electric's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 32.96%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Kokusai Electric's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 2.07%.

Kokusai Electric  (FRA:69B) EBIT Explanation

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

Kokusai Electric'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 )
=203.152 * ( 1 - 20.6% )/( (1510.799 + 1495.757)/ 2 )
=161.302688/1503.278
=10.73 %

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))
=1928.611 - 156.389 - ( 261.423 - max(0, 446.135 - 983.419+261.423))
=1510.799

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))
=1960.542 - 156.562 - ( 308.223 - max(0, 494.576 - 1013.033+308.223))
=1495.757

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

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

Kokusai Electric'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 )
=203.372/( ( (301.933 + max(342.471, 0)) + (311.919 + max(277.681, 0)) )/ 2 )
=203.372/( ( 644.404 + 589.6 )/ 2 )
=203.372/617.002
=32.96 %

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)
=(198.017 + 508.067 + 15.912) - (156.389 + 0 + 223.136)
=342.471

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(206.821 + 484.551 + 13.438) - (156.562 + 0 + 270.567)
=277.681

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=239.716/11565.197
=2.07 %

* 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.

Kokusai Electric EBIT Related Terms

Kokusai Electric EBIT Historical Data

* Premium members only.

The historical data trend for Kokusai Electric'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.

Kokusai Electric EBIT Chart

Kokusai Electric Annual Data
Trend Mar22 Mar23 Mar24 Mar25 Mar26
EBIT
542.68 398.11 190.88 324.11 229.98

Kokusai Electric Quarterly Data
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 75.73 58.72 76.00 54.16 50.84

FRA:69B vs LRCX, AMAT, KLAC: EBIT Comparison

For the Semiconductor Equipment & Materials subindustry, Kokusai Electric'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.

Kokusai Electric EV-to-EBIT vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Kokusai Electric's EV-to-EBIT distribution charts can be found below:

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


FRA:69B
32GF Score
Kokusai Electric Corp FRA:69B
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Kokusai Electric 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 €240 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 €240 Mil mean?
Kokusai Electric (FRA:69B) has a EBIT of €240 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Kokusai Electric.
Is Kokusai Electric's EBIT too high?
Kokusai Electric's current EBIT is €240 Mil. Overall, Kokusai Electric has a GF Score™ of 32/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Kokusai Electric's EBIT compare to LRCX and AMAT?
Kokusai Electric's EBIT of €240 Mil can be compared against companies in the Semiconductors 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 Semiconductors company?
A good EBIT depends on the Semiconductors 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 Kokusai Electric. Kokusai Electric's current EBIT is €240 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kokusai Electric stock overvalued right now?
Based on GuruFocus' analysis, Kokusai Electric (FRA:69B) is currently considered Significantly Overvalued. The stock's GF Value™ is €22.90, compared to a current price of €49.60 — trading 116.6% above its estimated fair value. The current EBIT is €240 Mil. Kokusai Electric's overall GF Score™ is 32/100 with 5 warning signs to review. 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 Kokusai Electric (FRA:69B), the current EBIT is €240 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 Kokusai Electric (FRA:69B) Overvalued in 2026?

Based on GuruFocus' analysis, Kokusai Electric stock appears to be overvalued. The current stock price of €49.60 is trading 116.6% above its estimated GF Value™ of €22.90. GuruFocus considers Kokusai Electric to be Significantly Overvalued.

Key valuation signals for FRA:69B:

  • EBIT: €240 Mil
  • GF Value™: €22.90 vs. price of €49.60 (116.6% above fair value)
  • GF Score™: 32/100 with 5 warning signs

No single metric tells the full story. See the FRA:69B stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Kokusai Electric Business Description

Address 3-4 Kanda Kajicho, 5th Floor, Oak Kanda Kajicho, Chiyoda-ku, Tokyo, JPN, 101-0045
Kokusai Electric Corp is engaged in the semiconductor manufacturing equipment business. The company operates as a single business segment focused on the development, manufacture, and supply of semiconductor production equipment used in the fabrication of electronic components. The main products include batch film deposition equipment, treatment equipment for film quality improvement, units for measuring instruments and cleaning equipment, and others.
32GF Score

Get the complete analysis for FRA:69B

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

€49.60
Price
€22.90
GF Value