Taiyo Kagaku Co (NGO:2902) EBIT: 円7,541 Mil (TTM As of Mar. 2026)


NGO:2902 Taiyo Kagaku Co Ltd NGO:2902
76 GF Score
Price 円2,796.00
GF Value 円1,866.26
Valuation Significantly Overvalued
! 1 Warning Sign
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What is Taiyo Kagaku Co EBIT?

Taiyo Kagaku Co NGO:2902 +0.58% 76 EBIT is 円7,541 Mil as of Mar. 2026. GuruFocus rates NGO:2902 with a GF Score™ of 76/100 and a GF Value™ of 円1,866.26 (Significantly Overvalued). The stock has 1 warning sign investors should review.

Taiyo Kagaku Co's earnings before interest and taxes (EBIT) for the six months ended in Mar. 2026 was 円3,898 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was 円7,541 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Taiyo Kagaku Co's annualized ROC % for the quarter that ended in Mar. 2026 was 11.24%. Taiyo Kagaku Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 20.86%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Taiyo Kagaku Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 21.60%.


Taiyo Kagaku Co  (NGO:2902) EBIT Explanation

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

Taiyo Kagaku 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: Sep. 2025 ) + Invested Capital (Q: Mar. 2026 ))/ count )
=6940.84 * ( 1 - 24% )/( (45852.41 + 48001.921)/ 2 )
=5275.0384/46927.1655
=11.24 %

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))
=65088.584 - 6995.775 - ( 12240.399 - max(0, 9794.706 - 35711.22+12240.399))
=45852.41

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))
=69599.665 - 7718.161 - ( 13879.583 - max(0, 10759.525 - 38540.045+13879.583))
=48001.921

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

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

Taiyo Kagaku 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: Sep. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=7796.982/( ( (23302.961 + max(13676.115, 0)) + (23859.412 + max(13900.937, 0)) )/ 2 )
=7796.982/( ( 36979.076 + 37760.349 )/ 2 )
=7796.982/37369.7125
=20.86 %

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)
=(11458.66 + 10513.617 + 1498.544) - (6995.775 + 0 + 2798.931)
=13676.115

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(11133.452 + 11734.418 + 1792.592) - (7718.161 + 0 + 3041.364)
=13900.937

When net working capital is negative, 0 is used.

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

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=7541.454/34907.665
=21.60 %

* 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.


Taiyo Kagaku Co EBIT Related Terms


Taiyo Kagaku Co EBIT Historical Data

* Premium members only.

The historical data trend for Taiyo Kagaku 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.

Taiyo Kagaku Co EBIT Chart

Taiyo Kagaku 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 5,235.89 3,915.67 2,974.53 6,786.41 7,541.45

Taiyo Kagaku Co Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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 309.30 3,266.02 3,520.39 3,642.96 3,898.49

NGO:2902 vs LIN, SHW, ECL: EBIT Comparison

For the Specialty Chemicals subindustry, Taiyo Kagaku 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.


Taiyo Kagaku Co EV-to-EBIT vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Taiyo Kagaku Co's EV-to-EBIT distribution charts can be found below:

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


NGO:2902
76GF Score
Taiyo Kagaku Co Ltd NGO:2902
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Taiyo Kagaku 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 semi-annually data reported by the company within the most recent 12 months, which was 円7,541 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7,541 Mil mean?
Taiyo Kagaku Co (NGO:2902) has a EBIT of 円7,541 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Taiyo Kagaku Co.
Is Taiyo Kagaku Co's EBIT too high?
Taiyo Kagaku Co's current EBIT is 円7,541 Mil. Overall, Taiyo Kagaku Co has a GF Score™ of 76/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Taiyo Kagaku Co's EBIT compare to LIN and SHW?
Taiyo Kagaku Co's EBIT of 円7,541 Mil can be compared against companies in the Chemicals 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 Chemicals company?
A good EBIT depends on the Chemicals 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 Taiyo Kagaku Co. Taiyo Kagaku Co's current EBIT is 円7,541 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Taiyo Kagaku Co stock overvalued right now?
Based on GuruFocus' analysis, Taiyo Kagaku Co (NGO:2902) is currently considered Significantly Overvalued. The stock's GF Value™ is 円1,866.26, compared to a current price of 円2,796.00 — trading 49.8% above its estimated fair value. The current EBIT is 円7,541 Mil. Taiyo Kagaku Co's overall GF Score™ is 76/100 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 Taiyo Kagaku Co (NGO:2902), the current EBIT is 円7,541 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 Taiyo Kagaku Co (NGO:2902) Overvalued in 2026?

Based on GuruFocus' analysis, Taiyo Kagaku Co stock appears to be overvalued. The current stock price of 円2,796.00 is trading 49.8% above its estimated GF Value™ of 円1,866.26. GuruFocus considers Taiyo Kagaku Co to be Significantly Overvalued.

Key valuation signals for NGO:2902:

  • EBIT: 円7,541 Mil
  • GF Value™: 円1,866.26 vs. price of 円2,796.00 (49.8% above fair value)
  • GF Score™: 76/100 with 1 warning sign

No single metric tells the full story. See the NGO:2902 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Taiyo Kagaku Co Business Description

Address No. 800 Yamada-cho, Mie Prefecture, Yokkaichi, JPN, 512-1111
Taiyo Kagaku Co Ltd is based in Japan. The company has three reportable segments: the Nutrition Business, the Interface Solutions Business, and the Natural Ingredients Business. The Nutrition Business manufactures and sells functional food ingredients such as catechin (green tea extract), theanine (a functional amino acid), and water-soluble dietary fiber, as well as mineral and vitamin preparations. The Interface Solutions Business manufactures and sells quality improvers such as emulsifiers. The Natural Ingredients Business manufactures and sells food ingredients such as egg products, protein ingredients, ingredients for instant foods, and processed agricultural products, as well as quality improvers and stabilizers.
76GF Score

Get the complete analysis for NGO:2902

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

円2,796.00
Price
円1,866.26
GF Value