KBSTF (Kobe Steel) EBIT: $896 Mil (TTM As of Mar. 2026)


KBSTF Kobe Steel Ltd KBSTF
74 GF Score
Price $12.32
GF Value $10.59
Valuation Modestly Overvalued
! 3 Warning Signs
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What is Kobe Steel EBIT?

Kobe Steel KBSTF -7.05% 74 EBIT is $896 Mil as of Mar. 2026. GuruFocus rates KBSTF with a GF Score™ of 74/100 and a GF Value™ of $10.59 (Modestly Overvalued). The stock has 3 warning signs investors should review.

Kobe Steel's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was $105 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was $896 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Kobe Steel's annualized ROC % for the quarter that ended in Mar. 2026 was 4.93%. Kobe Steel's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 4.30%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Kobe Steel's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 10.35%.

Kobe Steel  (OTCPK:KBSTF) EBIT Explanation

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

Kobe Steel'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 )
=893.432 * ( 1 - 20.44% )/( (14679.857 + 14132.562)/ 2 )
=710.8144992/14406.2095
=4.93 %

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))
=18524.215 - 2422.846 - ( 1421.512 - max(0, 5785.736 - 9069.955+1421.512))
=14679.857

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))
=18056.058 - 2730.972 - ( 1192.524 - max(0, 5361.977 - 8737.392+1192.524))
=14132.562

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

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

Kobe Steel'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 )
=418.824/( ( (6610.166 + max(3378.552, 0)) + (6433.6 + max(3047.282, 0)) )/ 2 )
=418.824/( ( 9988.718 + 9480.882 )/ 2 )
=418.824/9734.8
=4.30 %

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)
=(2578.604 + 4614.713 + 455.126) - (2422.846 + 0 + 1847.045)
=3378.552

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(2420.818 + 4349.718 + 468.432) - (2730.972 + 0 + 1460.714)
=3047.282

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:

Kobe Steel's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=895.904/8655.636
=10.35 %

* 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.

Kobe Steel EBIT Related Terms

Kobe Steel EBIT Historical Data

* Premium members only.

The historical data trend for Kobe Steel'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.

Kobe Steel EBIT Chart

Kobe Steel 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 820.13 833.50 1,180.86 1,039.88 846.20

Kobe Steel 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 -118.24 338.70 226.74 225.76 104.71

KBSTF vs NUE, STLD, RS: EBIT Comparison

For the Steel subindustry, Kobe Steel'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.

Kobe Steel EV-to-EBIT vs Steel Industry

For the Steel industry and Basic Materials sector, Kobe Steel's EV-to-EBIT distribution charts can be found below:

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


KBSTF
74GF Score
Kobe Steel Ltd KBSTF
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Kobe Steel 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 $896 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 $896 Mil mean?
Kobe Steel (KBSTF) has a EBIT of $896 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Kobe Steel.
Is Kobe Steel's EBIT too high?
Kobe Steel's current EBIT is $896 Mil. Overall, Kobe Steel has a GF Score™ of 74/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Kobe Steel's EBIT compare to NUE and STLD?
Kobe Steel's EBIT of $896 Mil can be compared against companies in the Steel 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 Steel company?
A good EBIT depends on the Steel 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 Kobe Steel. Kobe Steel's current EBIT is $896 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kobe Steel stock overvalued right now?
Based on GuruFocus' analysis, Kobe Steel (KBSTF) is currently considered Modestly Overvalued. The stock's GF Value™ is $10.59, compared to a current price of $12.32 — trading 16.3% above its estimated fair value. The current EBIT is $896 Mil. Kobe Steel's overall GF Score™ is 74/100 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 Kobe Steel (KBSTF), the current EBIT is $896 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 Kobe Steel (KBSTF) Overvalued in 2026?

Based on GuruFocus' analysis, Kobe Steel stock appears to be overvalued. The current stock price of $12.32 is trading 16.3% above its estimated GF Value™ of $10.59. GuruFocus considers Kobe Steel to be Modestly Overvalued.

Key valuation signals for KBSTF:

  • EBIT: $896 Mil
  • GF Value™: $10.59 vs. price of $12.32 (16.3% above fair value)
  • GF Score™: 74/100 with 3 warning signs

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

Kobe Steel Business Description

Other Exchanges 5406:JapanKST:Germany
Address 2-2-4 Wakihama Kaigandori, Chuo-ku, Hyogo Prefecture, Kobe, JPN, 651-8585
Kobe Steel Ltd engages in the manufacture, production, and sale of iron and steel. The company operates through seven segments. The Construction Machinery segment offers excavators, cranes, loaders, and workboats. Electric Power supplies electricity through group companies. Engineering handles plants for steel, petrochemicals, nuclear, water, and waste treatment, along with civil engineering and transport systems. Machinery provides compressors, engines, refrigeration, heat pumps, chemical and rubber machinery, and specialty materials. Materials include steel, aluminum, titanium, copper, and forged products. Steel & Aluminum delivers rolled products, plates, wires, and special steels, while Welding covers electrodes, flux, robots, power sources, and related services.
74GF Score

Get the complete analysis for KBSTF

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

$12.32
Price
$10.59
GF Value