West Japan Railway Co (NGO:9021) EBIT: 円200,677 Mil (TTM As of Mar. 2026)


NGO:9021 West Japan Railway Co NGO:9021
63 GF Score
Price 円2,501.00
GF Value 円3,301.22
! 3 Warning Signs
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What is West Japan Railway Co EBIT?

West Japan Railway Co NGO:9021 63 EBIT is 円200,677 Mil as of Mar. 2026. GuruFocus rates NGO:9021 with a GF Score™ of 63/100 and a GF Value™ of 円3,301.22. The stock has 3 warning signs investors should review.

West Japan Railway Co's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was 円9,858 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was 円200,677 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. West Japan Railway Co's annualized ROC % for the quarter that ended in Mar. 2026 was 0.10%. West Japan Railway Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 1.43%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. West Japan Railway Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 7.56%.


West Japan Railway Co  (NGO:9021) EBIT Explanation

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

West Japan Railway 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 )
=3784 * ( 1 - 0% )/( (3580652 + 3677747)/ 2 )
=3784/3629199.5
=0.10 %

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:

West Japan Railway 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 )
=39432/( ( (2710445 + max(18742, 0)) + (2778600 + max(-71554, 0)) )/ 2 )
=39432/( ( 2729187 + 2778600 )/ 2 )
=39432/2753893.5
=1.43 %

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)
=(198004 + 245813 + 126671) - (200942 + 0 + 350804)
=18742

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(243618 + 205549 + 119117) - (282491 + 0 + 357347)
=-71554

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=200677/2653923.828
=7.56 %

* 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.


West Japan Railway Co EBIT Related Terms


West Japan Railway Co EBIT Historical Data

* Premium members only.

The historical data trend for West Japan Railway 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.

West Japan Railway Co EBIT Chart

West Japan Railway 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 -84,123.00 93,689.00 165,283.00 183,998.00 200,677.00

West Japan Railway 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 3,210.00 68,385.00 60,752.00 61,682.00 9,858.00

NGO:9021 vs UNP, CSX, NSC: EBIT Comparison

For the Railroads subindustry, West Japan Railway 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.


West Japan Railway Co EV-to-EBIT vs Transportation Industry

For the Transportation industry and Industrials sector, West Japan Railway Co's EV-to-EBIT distribution charts can be found below:

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


NGO:9021
63GF Score
West Japan Railway Co NGO:9021
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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West Japan Railway 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200,677 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200,677 Mil mean?
West Japan Railway Co (NGO:9021) has a EBIT of 円200,677 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on West Japan Railway Co.
Is West Japan Railway Co's EBIT too high?
West Japan Railway Co's current EBIT is 円200,677 Mil. Overall, West Japan Railway Co has a GF Score™ of 63/100, reflecting its overall financial health beyond just this single metric.
How does West Japan Railway Co's EBIT compare to UNP and CSX?
West Japan Railway Co's EBIT of 円200,677 Mil can be compared against companies in the Transportation 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 Transportation company?
A good EBIT depends on the Transportation 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 West Japan Railway Co. West Japan Railway Co's current EBIT is 円200,677 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is West Japan Railway Co stock overvalued right now?
West Japan Railway Co (NGO:9021) has a current EBIT of 円200,677 Mil. The stock's GF Value™ is 円3,301.22, compared to a current price of 円2,501.00 — trading 24.2% below its estimated fair value. The current EBIT is 円200,677 Mil. West Japan Railway Co's overall GF Score™ is 63/100 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 West Japan Railway Co (NGO:9021), the current EBIT is 円200,677 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 West Japan Railway Co (NGO:9021) Overvalued in 2026?

Based on GuruFocus' analysis, West Japan Railway Co stock appears to be undervalued. The current stock price of 円2,501.00 is trading 24.2% below its estimated GF Value™ of 円3,301.22.

Key valuation signals for NGO:9021:

  • EBIT: 円200,677 Mil
  • GF Value™: 円3,301.22 vs. price of 円2,501.00 (24.2% below fair value)
  • GF Score™: 63/100 with 3 warning signs

No single metric tells the full story. See the NGO:9021 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


West Japan Railway Co Business Description

Address 2-4-24 Shibata, Kita-ku, Osaka, JPN, 530-8341
West Japan Railway, or JR West, is the main railway operator in Western Japan, headquartered in Osaka. It was originally established when the government-owned nationwide railway operator underwent a six-way territorial split in 1987. Its main assets are the Sanyo Shinkansen, which stretches from Osaka to Fukuoka, and the urban rail network in the Osaka-Kobe-Kyoto metropolitan area. Its nearly 5,000 kilometers of rail track covers a third of Japan's population and a fifth of its land area. Rail operations contribute more than half of revenue, with most of the balance from retail operations, real estate investments, travel agencies, and hotels.
63GF Score

Get the complete analysis for NGO:9021

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

円2,501.00
Price
円3,301.22
GF Value