Hikari Tsushin (FRA:HIK) EBIT: €1,252 Mil (TTM As of Mar. 2026)


FRA:HIK Hikari Tsushin Inc FRA:HIK
80 GF Score
Price €183.00
GF Value €218.29
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Hikari Tsushin EBIT?

Hikari Tsushin FRA:HIK -3.68% 80 EBIT is €1,252 Mil as of Mar. 2026. GuruFocus rates FRA:HIK with a GF Score™ of 80/100 and a GF Value™ of €218.29 (Modestly Undervalued). The stock has 5 warning signs investors should review.

Hikari Tsushin's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was €265 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was €1,252 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Hikari Tsushin's annualized ROC % for the quarter that ended in Mar. 2026 was 5.09%. Hikari Tsushin's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 129.95%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Hikari Tsushin's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 11.35%.


Hikari Tsushin  (FRA:HIK) EBIT Explanation

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

Hikari Tsushin'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 )
=614.036 * ( 1 - 7.46% )/( (11348.507 + 10999.753)/ 2 )
=568.2289144/11174.13
=5.09 %

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))
=14879.751 - 1549.256 - ( 2479.007 - max(0, 2688.658 - 4670.646+2479.007))
=11348.507

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))
=15556.794 - 1629.55 - ( 3224.54 - max(0, 2630.699 - 5558.19+3224.54))
=10999.753

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

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

Hikari Tsushin'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 )
=1058.02/( ( (254.061 + max(534.079, 0)) + (260.193 + max(580.026, 0)) )/ 2 )
=1058.02/( ( 788.14 + 840.219 )/ 2 )
=1058.02/814.1795
=129.95 %

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)
=(2112.266 + 12.981 + 63.920999999999) - (1549.256 + 0 + 105.833)
=534.079

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(2243.134 + 9.752 + 78.534) - (1629.55 + 0 + 121.844)
=580.026

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=1251.862/11026.217
=11.35 %

* 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.


Hikari Tsushin EBIT Related Terms


Hikari Tsushin EBIT Historical Data

* Premium members only.

The historical data trend for Hikari Tsushin'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.

Hikari Tsushin EBIT Chart

Hikari Tsushin 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 908.56 901.78 1,122.40 1,033.74 1,207.32

Hikari Tsushin 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 80.61 293.09 292.43 401.84 264.51

FRA:HIK vs HON, MMM: EBIT Comparison

For the Conglomerates subindustry, Hikari Tsushin'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.


Hikari Tsushin EV-to-EBIT vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, Hikari Tsushin's EV-to-EBIT distribution charts can be found below:

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


FRA:HIK
80GF Score
Hikari Tsushin Inc FRA:HIK
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Hikari Tsushin 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 €1,252 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 €1,252 Mil mean?
Hikari Tsushin (FRA:HIK) has a EBIT of €1,252 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Hikari Tsushin.
Is Hikari Tsushin's EBIT too high?
Hikari Tsushin's current EBIT is €1,252 Mil. Overall, Hikari Tsushin has a GF Score™ of 80/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Hikari Tsushin's EBIT compare to HON and MMM?
Hikari Tsushin's EBIT of €1,252 Mil can be compared against companies in the Conglomerates 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 Conglomerates company?
A good EBIT depends on the Conglomerates 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 Hikari Tsushin. Hikari Tsushin's current EBIT is €1,252 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hikari Tsushin stock overvalued right now?
Based on GuruFocus' analysis, Hikari Tsushin (FRA:HIK) is currently considered Modestly Undervalued. The stock's GF Value™ is €218.29, compared to a current price of €183.00 — trading 16.2% below its estimated fair value. The current EBIT is €1,252 Mil. Hikari Tsushin's overall GF Score™ is 80/100 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 Hikari Tsushin (FRA:HIK), the current EBIT is €1,252 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 Hikari Tsushin (FRA:HIK) Overvalued in 2026?

Based on GuruFocus' analysis, Hikari Tsushin stock appears to be undervalued. The current stock price of €183.00 is trading 16.2% below its estimated GF Value™ of €218.29. GuruFocus considers Hikari Tsushin to be Modestly Undervalued.

Key valuation signals for FRA:HIK:

  • EBIT: €1,252 Mil
  • GF Value™: €218.29 vs. price of €183.00 (16.2% below fair value)
  • GF Score™: 80/100 with 5 warning signs

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


Hikari Tsushin Business Description

Other Exchanges HKTGF:USA9435:Japan
Address 1-4-10 Nishi-Ikebukuro, Hikari West Gate Building, Toshima-ku, Tokyo, JPN, 171-0021
Hikari Tsushin Inc operates as a holding company engaged in diversified businesses through seven segments: Electricity and Gas, Telecommunications, Beverages, Insurance, Finance, Solutions, and Agency Sales. The group provides electricity and gas supply, communication services, natural mineral water, non-life insurance, and warranty services, as well as financial services such as microfinance, industry-specific solution platforms, and agency sales of various products from telecommunications carriers and manufacturers. It generates the majority of its revenue from the Electricity and Gas segment.
80GF Score

Get the complete analysis for FRA:HIK

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

€183.00
Price
€218.29
GF Value