Maruwa Co (LSE:MAW) EBIT: 円26,418 Mil (TTM As of Mar. 2026)


LSE:MAW Maruwa Co Ltd LSE:MAW
93 GF Score
Price 円69,080.00
GF Value 円44,075.82
Valuation Significantly Overvalued
! 7 Warning Signs
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What is Maruwa Co EBIT?

Maruwa Co LSE:MAW +0.01% 93 EBIT is 円26,418 Mil as of Mar. 2026. GuruFocus rates LSE:MAW with a GF Score™ of 93/100 and a GF Value™ of 円44,075.82 (Significantly Overvalued). The stock has 7 warning signs investors should review.

Maruwa Co's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was 円8,292 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was 円26,418 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Maruwa Co's annualized ROC % for the quarter that ended in Mar. 2026 was 26.49%. Maruwa Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 44.19%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Maruwa Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 3.38%.


Maruwa Co  (LSE:MAW) EBIT Explanation

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

Maruwa 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 )
=31404 * ( 1 - 29.68% )/( (79391 + 87310)/ 2 )
=22083.2928/83350.5
=26.49 %

where

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

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

Maruwa 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 )
=33168/( ( (50154 + max(21545, 0)) + (57277 + max(21134, 0)) )/ 2 )
=33168/( ( 71699 + 78411 )/ 2 )
=33168/75055
=44.19 %

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)
=(13937 + 14343 + 4571) - (5439 + 0 + 5867)
=21545

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(13671 + 16294 + 6025) - (8196 + 0 + 6660)
=21134

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=26418/780643.631
=3.38 %

* 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.


Maruwa Co EBIT Related Terms


Maruwa Co EBIT Historical Data

* Premium members only.

The historical data trend for Maruwa 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.

Maruwa Co EBIT Chart

Maruwa 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 19,338.00 21,169.00 21,017.00 27,159.00 26,418.00

Maruwa 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 6,999.00 5,720.00 5,377.00 7,029.00 8,292.00

LSE:MAW vs APH, GLW, TEL: EBIT Comparison

For the Electronic Components subindustry, Maruwa 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.


Maruwa Co EV-to-EBIT vs Hardware Industry

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

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


LSE:MAW
93GF Score
Maruwa Co Ltd LSE:MAW
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Maruwa 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 円26,418 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 円26,418 Mil mean?
Maruwa Co (LSE:MAW) has a EBIT of 円26,418 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Maruwa Co.
Is Maruwa Co's EBIT too high?
Maruwa Co's current EBIT is 円26,418 Mil. Overall, Maruwa Co has a GF Score™ of 93/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Maruwa Co's EBIT compare to APH and GLW?
Maruwa Co's EBIT of 円26,418 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 Maruwa Co. Maruwa Co's current EBIT is 円26,418 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Maruwa Co stock overvalued right now?
Based on GuruFocus' analysis, Maruwa Co (LSE:MAW) is currently considered Significantly Overvalued. The stock's GF Value™ is 円44,075.82, compared to a current price of 円69,080.00 — trading 56.7% above its estimated fair value. The current EBIT is 円26,418 Mil. Maruwa Co's overall GF Score™ is 93/100 with 7 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 Maruwa Co (LSE:MAW), the current EBIT is 円26,418 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 Maruwa Co (LSE:MAW) Overvalued in 2026?

Based on GuruFocus' analysis, Maruwa Co stock appears to be overvalued. The current stock price of 円69,080.00 is trading 56.7% above its estimated GF Value™ of 円44,075.82. GuruFocus considers Maruwa Co to be Significantly Overvalued.

Key valuation signals for LSE:MAW:

  • EBIT: 円26,418 Mil
  • GF Value™: 円44,075.82 vs. price of 円69,080.00 (56.7% above fair value)
  • GF Score™: 93/100 with 7 warning signs

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


Maruwa Co Business Description

Other Exchanges 5344:Japan6X5:Germany
Address 83 Minami Honjigaharacho 3-chome, Aichi Prefecture, Owariasahi, JPN, 488-0044
Maruwa Co Ltd engages in the production and sale of ceramics and electronics parts. The company operates in two business divisions, namely the Ceramic parts business and the Lighting equipment business. The Ceramic Parts business segment manufactures and sells electronic components, ceramic substrates, and semiconductor manufacturing equipment. The Lighting Equipment business segment produces and markets LED lighting products alongside conventional lighting equipment. It generates the majority of its revenue from the Ceramic parts business segment.
93GF Score

Get the complete analysis for LSE:MAW

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

円69,080.00
Price
円44,075.82
GF Value