Elecom Co (FRA:9EL) EBIT: €137.8 Mil (TTM As of Mar. 2026)


FRA:9EL Elecom Co Ltd FRA:9EL
86 GF Score
Price €9.60
GF Value €10.89
! 3 Warning Signs
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What is Elecom Co EBIT?

Elecom Co FRA:9EL +0.52% 86 EBIT is €137.8 Mil as of Mar. 2026. GuruFocus rates FRA:9EL with a GF Score™ of 86/100 and a GF Value™ of €10.89. The stock has 3 warning signs investors should review.

Elecom Co's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was €31.7 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was €137.8 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Elecom Co's annualized ROC % for the quarter that ended in Mar. 2026 was 29.98%. Elecom Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 74.58%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Elecom Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 33.97%.


Elecom Co  (FRA:9EL) EBIT Explanation

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

Elecom Co'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 )
=106.144 * ( 1 - 19.84% )/( (300.197 + 267.437)/ 2 )
=85.0850304/283.817
=29.98 %

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))
=775.181 - 115.95 - ( 359.034 - max(0, 194.139 - 650.215+359.034))
=300.197

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))
=791.531 - 137.696 - ( 386.398 - max(0, 186.772 - 661.233+386.398))
=267.437

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

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

Elecom Co'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 )
=126.968/( ( (73.243 + max(99.781, 0)) + (76.67 + max(90.789, 0)) )/ 2 )
=126.968/( ( 173.024 + 167.459 )/ 2 )
=126.968/170.2415
=74.58 %

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)
=(167.404 + 96.22 + 27.557) - (115.95 + 0 + 75.45)
=99.781

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(148.783 + 99.162 + 26.89) - (137.696 + 0 + 46.35)
=90.789

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=137.835/405.709
=33.97 %

* 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.


Elecom Co EBIT Related Terms


Elecom Co EBIT Historical Data

* Premium members only.

The historical data trend for Elecom Co'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.

Elecom Co EBIT Chart

Elecom Co Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 107.48 79.98 82.91 80.47 134.89

Elecom Co 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 23.82 16.41 20.54 69.15 31.74

FRA:9EL vs DELL, SNDK, ANET: EBIT Comparison

For the Computer Hardware subindustry, Elecom Co'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.


Elecom Co EV-to-EBIT vs Hardware Industry

For the Hardware industry and Technology sector, Elecom Co's EV-to-EBIT distribution charts can be found below:

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


FRA:9EL
86GF Score
Elecom Co Ltd FRA:9EL
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Elecom Co 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 €137.8 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 €137.8 Mil mean?
Elecom Co (FRA:9EL) has a EBIT of €137.8 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Elecom Co.
Is Elecom Co's EBIT too high?
Elecom Co's current EBIT is €137.8 Mil. Overall, Elecom Co has a GF Score™ of 86/100, reflecting its overall financial health beyond just this single metric.
How does Elecom Co's EBIT compare to DELL and SNDK?
Elecom Co's EBIT of €137.8 Mil can be compared against companies in the Hardware 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 Hardware company?
A good EBIT depends on the Hardware 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 Elecom Co. Elecom Co's current EBIT is €137.8 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Elecom Co stock overvalued right now?
Elecom Co (FRA:9EL) has a current EBIT of €137.8 Mil. The stock's GF Value™ is €10.89, compared to a current price of €9.60 — trading 11.8% below its estimated fair value. The current EBIT is €137.8 Mil. Elecom Co's overall GF Score™ is 86/100 with 3 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 Elecom Co (FRA:9EL), the current EBIT is €137.8 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 Elecom Co (FRA:9EL) Overvalued in 2026?

Based on GuruFocus' analysis, Elecom Co stock appears to be undervalued. The current stock price of €9.60 is trading 11.8% below its estimated GF Value™ of €10.89.

Key valuation signals for FRA:9EL:

  • EBIT: €137.8 Mil
  • GF Value™: €10.89 vs. price of €9.60 (11.8% below fair value)
  • GF Score™: 86/100 with 3 warning signs

No single metric tells the full story. See the FRA:9EL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Elecom Co Business Description

Other Exchanges ELCMF:USA6750:Japan
Address 4-1-1 Fushimi-cho, Meiji Yasuda Life Osaka Midosuji Building 9th Floor, Chuo-ku, Osaka, JPN, 541-8765
Elecom Co Ltd is a Japan-based company which is engaged in the development, manufacture and sale of personal computer- and digital-equipment-related products through its subsidiaries. Its products portfolio includes personal computers, smartphones, televisions, digital photo frames, batteries, weight scales, digital cameras, digital video cameras, electronic dictionaries, speakers, game machines, light-emitting diode (LED) lighting devices, and others. The company also supplies peripherals, I/O devices, and PC accessories, such as mouse pads, mice and keyboards.
86GF Score

Get the complete analysis for FRA:9EL

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

€9.60
Price
€10.89
GF Value