MWC (Micware Co) EBIT: $15.6 Mil (TTM As of Feb. 2026)

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MWC Micware Co Ltd MWC
20 GF Score
Price $1.57
! 1 Warning Sign
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What is Micware Co EBIT?

Micware Co MWC +3.97% 20 EBIT is $15.6 Mil as of Feb. 2026. GuruFocus rates MWC with a GF Score™ of 20/100. The stock has 1 warning sign investors should review.

Micware Co's earnings before interest and taxes (EBIT) for the six months ended in Feb. 2026 was $9.3 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Feb. 2026 was $15.6 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Micware Co's annualized ROC % for the quarter that ended in Feb. 2026 was 13.06%. Micware Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Feb. 2026 was 47.74%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Micware Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Feb. 2026 was 15.18%.

Micware Co  (NAS:MWC) EBIT Explanation

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

Micware Co's annualized ROC % for the quarter that ended in Feb. 2026 is calculated as:

ROC % (Q: Feb. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Aug. 2025 ) + Invested Capital (Q: Feb. 2026 ))/ count )
=20.362 * ( 1 - 36.13% )/( (100.109 + 99.026)/ 2 )
=13.0052094/99.5675
=13.06 %

where

Invested Capital(Q: Aug. 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))
=159.87 - 23.077 - ( 58.745 - max(0, 53.165 - 89.849+58.745))
=100.109

Invested Capital(Q: Feb. 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))
=157.569 - 21.442 - ( 53.253 - max(0, 56.505 - 93.606+53.253))
=99.026

Note: The Operating Income data used here is two times the semi-annual (Feb. 2026) data.

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

Micware Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Feb. 2026 is calculated as:

ROC (Joel Greenblatt) %(Q: Feb. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Aug. 2025  Q: Feb. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=18.692/( ( (41.654 + max(-17.778, 0)) + (36.648 + max(-11.81, 0)) )/ 2 )
=18.692/( ( 41.654 + 36.648 )/ 2 )
=18.692/39.151
=47.74 %

where Working Capital is:

Working Capital(Q: Aug. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(5.47 + 0.56 + 7.029) - (23.077 + 7.759 + 0.00099999999999767)
=-17.778

Working Capital(Q: Feb. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(11.899 + 0.122 + 6.704) - (21.442 + 9.092 + 0.0010000000000048)
=-11.81

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Feb. 2026) EBIT data.

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Feb. 2026 )
=15.553/102.485
=15.18 %

* 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.

Micware Co EBIT Related Terms

Micware Co EBIT Historical Data

* Premium members only.

The historical data trend for Micware 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.

Micware Co EBIT Chart

Micware Co Annual Data
Trend Feb24 Feb25 Feb26
EBIT
13.21 13.76 15.25

Micware Co Semi-Annual Data
Feb24 Aug24 Feb25 Aug25 Feb26
EBIT 0.00 6.69 7.31 6.21 9.35

MWC vs CAAS, INVZ, MKDW: EBIT Comparison

For the Auto Parts subindustry, Micware 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.

Micware Co EV-to-EBIT vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Micware Co's EV-to-EBIT distribution charts can be found below:

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


MWC
20GF Score
Micware Co Ltd MWC
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Micware 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 Feb. 2026 adds up the semi-annually data reported by the company within the most recent 12 months, which was $15.6 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 $15.6 Mil mean?
Micware Co (MWC) has a EBIT of $15.6 Mil as of Feb. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Micware Co.
Is Micware Co's EBIT too high?
Micware Co's current EBIT is $15.6 Mil. Overall, Micware Co has a GF Score™ of 20/100, reflecting its overall financial health beyond just this single metric.
How does Micware Co's EBIT compare to CAAS and INVZ?
Micware Co's EBIT of $15.6 Mil can be compared against companies in the Vehicles & Parts 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 Vehicles & Parts company?
A good EBIT depends on the Vehicles & Parts 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 Micware Co. Micware Co's current EBIT is $15.6 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Micware Co stock overvalued right now?
Micware Co (MWC) has a current EBIT of $15.6 Mil. The current EBIT is $15.6 Mil. Micware Co's overall GF Score™ is 20/100 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 Micware Co (MWC), the current EBIT is $15.6 Mil as of Feb. 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.

Micware Co Business Description

Address 59 Naniwa-machi, Kobe Asahi Building. 25th Floor.24th Floor, Chuo-ku, Hyogo, Kobe, JPN, 650-0035
Micware Co Ltd is a Japan-based holding company that provides software development services and inventive information technology (IT) solutions mainly focused on the automotive and mobility sectors. Its main focus is the development and sale of in-vehicle infotainment (IVI) systems that cover a broad range of modern car functionality from multimedia to navigation, human-machine interface, telematics, and driver assistance. The group also engaged in the development of navigation software and location information-based smartphone applications. The Company operates its business units in the three operating segments: Software Defined Vehicles (SDV), Location-Based Services (LBS), and Other. The Company operates principally in Japan. All material revenue of the Company is derived from Japan.
20GF Score

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

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