Kokuyo Co (FRA:KOK) EBIT: €177 Mil (TTM As of Mar. 2026)


FRA:KOK Kokuyo Co Ltd FRA:KOK
90 GF Score
Price €4.34
GF Value €3.68
! 1 Warning Sign
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What is Kokuyo Co EBIT?

Kokuyo Co FRA:KOK +1.40% 90 EBIT is €177 Mil as of Mar. 2026. GuruFocus rates FRA:KOK with a GF Score™ of 90/100 and a GF Value™ of €3.68. The stock has 1 warning sign investors should review.

Kokuyo Co's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was €80 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was €177 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Kokuyo Co's annualized ROC % for the quarter that ended in Mar. 2026 was 19.49%. Kokuyo Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 47.17%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Kokuyo Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 12.25%.


Kokuyo Co  (FRA:KOK) EBIT Explanation

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

Kokuyo 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 )
=301.972 * ( 1 - 31.19% )/( (997.528 + 1134.908)/ 2 )
=207.7869332/1066.218
=19.49 %

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))
=1944.72 - 340.598 - ( 606.594 - max(0, 488.097 - 1330.381+606.594))
=997.528

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))
=1919.468 - 287.749 - ( 496.811 - max(0, 436.69 - 1298.121+496.811))
=1134.908

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

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

Kokuyo 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 )
=321.376/( ( (359.155 + max(254.609, 0)) + (362.729 + max(386.261, 0)) )/ 2 )
=321.376/( ( 613.764 + 748.99 )/ 2 )
=321.376/681.377
=47.17 %

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)
=(449.778 + 237.41 + 36.599) - (340.598 + 0 + 128.58)
=254.609

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(520.147 + 245.306 + 35.857) - (287.749 + 0 + 127.3)
=386.261

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=176.514/1440.710
=12.25 %

* 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.


Kokuyo Co EBIT Related Terms


Kokuyo Co EBIT Historical Data

* Premium members only.

The historical data trend for Kokuyo 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.

Kokuyo Co EBIT Chart

Kokuyo Co 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 170.84 163.41 178.25 213.27 171.82

Kokuyo 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 90.42 33.30 25.23 37.64 80.34

Kokuyo Co EBIT Competitor Comparison

For the Business Equipment & Supplies subindustry, Kokuyo 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.


Kokuyo Co EV-to-EBIT vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Kokuyo Co's EV-to-EBIT distribution charts can be found below:

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


FRA:KOK
90GF Score
Kokuyo Co Ltd FRA:KOK
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Kokuyo 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 €177 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 €177 Mil mean?
Kokuyo Co (FRA:KOK) has a EBIT of €177 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Kokuyo Co.
Is Kokuyo Co's EBIT too high?
Kokuyo Co's current EBIT is €177 Mil. Overall, Kokuyo Co has a GF Score™ of 90/100, reflecting its overall financial health beyond just this single metric.
How does Kokuyo Co's EBIT compare to competitors?
Kokuyo Co's EBIT of €177 Mil can be compared against companies in the Industrial Products 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 an Industrial Products company?
A good EBIT depends on the Industrial Products 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 Kokuyo Co. Kokuyo Co's current EBIT is €177 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kokuyo Co stock overvalued right now?
Kokuyo Co (FRA:KOK) has a current EBIT of €177 Mil. The stock's GF Value™ is €3.68, compared to a current price of €4.34 — trading 17.9% above its estimated fair value. The current EBIT is €177 Mil. Kokuyo Co's overall GF Score™ is 90/100 with 1 warning sign 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 Kokuyo Co (FRA:KOK), the current EBIT is €177 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 Kokuyo Co (FRA:KOK) Overvalued in 2026?

Based on GuruFocus' analysis, Kokuyo Co stock appears to be overvalued. The current stock price of €4.34 is trading 17.9% above its estimated GF Value™ of €3.68.

Key valuation signals for FRA:KOK:

  • EBIT: €177 Mil
  • GF Value™: €3.68 vs. price of €4.34 (17.9% above fair value)
  • GF Score™: 90/100 with 1 warning sign

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


Kokuyo Co Business Description

Other Exchanges 7984:Japan
Address 6-1-1 Oimarichoninami, Higashinari-ku, Osaka, JPN, 537-8686
Kokuyo Co Ltd is engaged in the manufacture, purchase, and sale of stationery, office furniture, and store utensils for retail businesses, as well as space design and consultation. The company operates through four segments: stationery, furniture, mail-order, and retail. The stationery business supplies stationery in Japan and other regions, including Vietnam, China, and India. The furniture business consists of the production and sale of office furniture, store fixtures, and furniture for public and commercial spaces. The mail-order and retail business provides mail-order services for individuals and retail and wholesale businesses, along with electronic purchasing systems and the operation of information sites.
90GF Score

Get the complete analysis for FRA:KOK

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

€4.34
Price
€3.68
GF Value