HULCF (Hulic Co) EBIT: $1,281 Mil (TTM As of Dec. 2025)

What is Hulic Co EBIT?

Hulic Co HULCF 87 EBIT is $1,281 Mil as of Dec. 2025. GuruFocus rates HULCF with a GF Score™ of 87/100 and a GF Value™ of $13.41 (Possible Value Trap). The stock has 3 warning signs investors should review.

Hulic Co's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2025 was $543 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2025 was $1,281 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Hulic Co's annualized ROC % for the quarter that ended in Dec. 2025 was 6.56%. Hulic Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 13.94%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Hulic Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 6.41%.

Hulic Co (OTCPK:HULCF) EBIT Explanation

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

Hulic Co's annualized ROC % for the quarter that ended in Dec. 2025 is calculated as:

	ROC % (Q: Dec. 2025 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Sep. 2025 )	+	Invested Capital (Q: Dec. 2025 ))	/ count )
=	2064.048 * ( 1 - 30.99% )	/	( (22412.336	+	21022.563)	/ 2 )
=	1424.3995248	/	21717.4495
=	6.56 %

where

	Invested Capital		(Q: Sep. 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	))
=	23073.306	-	93.607	-	( 567.363	-	max(0, 3493.933	-	4370.434	+	567.363	))
=	22412.336

	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	))
=	22487.047	-	208.562	-	( 1342.802	-	max(0, 3147.298	-	4403.22	+	1342.802	))
=	21022.563

Note: The Operating Income data used here is four times the quarterly (Dec. 2025) data.

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

Hulic Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Dec. 2025 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Sep. 2025		Q: Dec. 2025
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	2172.26	/	( ( (13065.874 + max(3329.463, 0))	+	(12361.697 + max(2404.24, 0)) )	/	2 )
=	2172.26	/	( ( 16395.337	+	14765.937 )	/	2 )
=	2172.26	/	15580.637
=	13.94 %

where Working Capital is:

	Working Capital		(Q: Sep. 2025 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(130.195	+	3072.103	+	600.773)	-	(93.607	+	0	+	380.001)
=	3329.463

	Working Capital		(Q: Dec. 2025 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(141.468	+	2731.937	+	182.607)	-	(208.562	+	0	+	443.21)
=	2404.24

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Dec. 2025) EBIT data.

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

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

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Dec. 2025 )
	=	1281.412	/	19997.251
	=	6.41 %

* 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.

Hulic Co EBIT Related Terms

Hulic Co EBIT Historical Data

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

Hulic Co EBIT Chart

Hulic Co Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Dec25

EBIT

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1,017.90

947.95

1,029.81

1,068.22

1,238.51

Hulic 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															215.22	318.51	205.13	543.07	214.71

HULCF vs CBRE, BEKE: EBIT Comparison

For the Real Estate Services subindustry, Hulic 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.

Hulic Co EV-to-EBIT vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Hulic Co's EV-to-EBIT distribution charts can be found below:

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

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87GF Score

Hulic Co Ltd HULCF

EBIT is just one metric. See GF Score™, valuation, warning signs, and more.

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Hulic 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 Dec. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was $1,281 Mil.

Frequently Asked Questions Learn more about EBIT →

What does a EBIT of $1,281 Mil mean?

Hulic Co (HULCF) has a EBIT of $1,281 Mil as of Dec. 2025. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Hulic Co.

Is Hulic Co's EBIT too high?

Hulic Co's current EBIT is $1,281 Mil. Overall, Hulic Co has a GF Score™ of 87/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.

How does Hulic Co's EBIT compare to CBRE and BEKE?

Hulic Co's EBIT of $1,281 Mil can be compared against companies in the Real Estate 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 Real Estate company?

A good EBIT depends on the Real Estate 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 Hulic Co. Hulic Co's current EBIT is $1,281 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Hulic Co stock overvalued right now?

Based on GuruFocus' analysis, Hulic Co (HULCF) is currently considered Possible Value Trap. The stock's GF Value™ is $13.41, compared to a current price of $9.17 — trading 31.6% below its estimated fair value. The current EBIT is $1,281 Mil. Hulic Co's overall GF Score™ is 87/100 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 Hulic Co (HULCF), the current EBIT is $1,281 Mil as of Dec. 2025. 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 Hulic Co (HULCF) Overvalued in 2026?

Based on GuruFocus' analysis, Hulic Co stock appears to be undervalued. The current stock price of $9.17 is trading 31.6% below its estimated GF Value™ of $13.41. GuruFocus considers Hulic Co to be Possible Value Trap.

Key valuation signals for HULCF:

EBIT: $1,281 Mil
GF Value™: $13.41 vs. price of $9.17 (31.6% below fair value)
GF Score™: 87/100 with 3 warning signs

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

Hulic Co Business Description

Industry Real Estate Real Estate

Comparable Companies TSE:3231 TSE:8804 TSE:8848 TSE:2337 TSE:1766 TSE:8934 TSE:3465 TSE:8818 TSE:8841 TSE:2986 STC:VIC CBRE ISX:DCII XMAD:CLNX TSE:8830 XTER:VNA XTAE:AZRG BEKE HKSE:01972 ADX:MODON

Other Exchanges 3003:Japan 87W:Germany

Address 7-3 Nihonbashi Odenmacho, Chuo-ku, Tokyo, JPN, 103-0011

Website https://www.hulic.co.jp

Hulic Co Ltd is a real estate developer with its core operations in real estate business such as development, reconstruction, and investment. The company operates a real estate leasing business based on ownership of numerous properties located in Tokyo 23 wards.

87GF Score

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

$9.17

Price

$13.41

GF Value

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