SETUF (Shin-Etsu Polymer Co) EBIT: $90.6 Mil (TTM As of Mar. 2026)

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SETUF Shin-Etsu Polymer Co Ltd SETUF
90 GF Score
Price $9.76
GF Value $7.16
! 6 Warning Signs
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What is Shin-Etsu Polymer Co EBIT?

Shin-Etsu Polymer Co SETUF -1.05% 90 EBIT is $90.6 Mil as of Mar. 2026. GuruFocus rates SETUF with a GF Score™ of 90/100 and a GF Value™ of $7.16. The stock has 6 warning signs investors should review.

Shin-Etsu Polymer Co's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was $15.5 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was $90.6 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Shin-Etsu Polymer Co's annualized ROC % for the quarter that ended in Mar. 2026 was 9.10%. Shin-Etsu Polymer Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 12.57%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Shin-Etsu Polymer Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 10.33%.


Shin-Etsu Polymer Co  (OTCPK:SETUF) EBIT Explanation

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

Shin-Etsu Polymer 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 )
=76.38 * ( 1 - 30.81% )/( (593.252 + 567.787)/ 2 )
=52.847322/580.5195
=9.10 %

where

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))
=964.207 - 80.866 - ( 315.554 - max(0, 125.836 - 642.565+315.554))
=567.787

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

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

Shin-Etsu Polymer 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 )
=61.836/( ( (304.64 + max(192.226, 0)) + (299.081 + max(187.809, 0)) )/ 2 )
=61.836/( ( 496.866 + 486.89 )/ 2 )
=61.836/491.878
=12.57 %

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)
=(173.165 + 136.138 + 32.293) - (89.979 + 0 + 59.391)
=192.226

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(153.344 + 135.238 + 25.063) - (80.866 + 0 + 44.97)
=187.809

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:

Shin-Etsu Polymer Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=90.577/876.837
=10.33 %

* 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.


Shin-Etsu Polymer Co EBIT Related Terms


Shin-Etsu Polymer Co EBIT Historical Data

* Premium members only.

The historical data trend for Shin-Etsu Polymer 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.

Shin-Etsu Polymer Co EBIT Chart

Shin-Etsu Polymer 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 79.59 85.34 78.84 88.84 86.15

Shin-Etsu Polymer 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 18.32 27.71 22.13 25.28 15.46

SETUF vs LIN, SHW, ECL: EBIT Comparison

For the Specialty Chemicals subindustry, Shin-Etsu Polymer 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.


Shin-Etsu Polymer Co EV-to-EBIT vs Chemicals Industry

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

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


SETUF
90GF Score
Shin-Etsu Polymer Co Ltd SETUF
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Shin-Etsu Polymer 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 $90.6 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 $90.6 Mil mean?
Shin-Etsu Polymer Co (SETUF) has a EBIT of $90.6 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Shin-Etsu Polymer Co.
Is Shin-Etsu Polymer Co's EBIT too high?
Shin-Etsu Polymer Co's current EBIT is $90.6 Mil. Overall, Shin-Etsu Polymer Co has a GF Score™ of 90/100, reflecting its overall financial health beyond just this single metric.
How does Shin-Etsu Polymer Co's EBIT compare to LIN and SHW?
Shin-Etsu Polymer Co's EBIT of $90.6 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 Shin-Etsu Polymer Co. Shin-Etsu Polymer Co's current EBIT is $90.6 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shin-Etsu Polymer Co stock overvalued right now?
Shin-Etsu Polymer Co (SETUF) has a current EBIT of $90.6 Mil. The stock's GF Value™ is $7.16, compared to a current price of $9.76 — trading 36.3% above its estimated fair value. The current EBIT is $90.6 Mil. Shin-Etsu Polymer Co's overall GF Score™ is 90/100 with 6 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 Shin-Etsu Polymer Co (SETUF), the current EBIT is $90.6 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 Shin-Etsu Polymer Co (SETUF) Overvalued in 2026?

Based on GuruFocus' analysis, Shin-Etsu Polymer Co stock appears to be overvalued. The current stock price of $9.76 is trading 36.3% above its estimated GF Value™ of $7.16.

Key valuation signals for SETUF:

  • EBIT: $90.6 Mil
  • GF Value™: $7.16 vs. price of $9.76 (36.3% above fair value)
  • GF Score™: 90/100 with 6 warning signs

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


Shin-Etsu Polymer Co Business Description

Other Exchanges 7970:Japan
Address Sotetsu Kandasudacho Building, 1-9 Kanda-Sudacho, Chiyoda-ku, Tokyo, JPN, 101-0041
Shin-Etsu Polymer Co Ltd manufactures polyvinyl and rubber products. The company develops applications for using the silicone and various plastics involving materials and compounding, design, molding processes, and evaluation and analysis and meets the needs of customers engaged in the field from automobiles and information devices to semiconductors and construction materials. Shin-Etsu sells its products mainly to the electronic devices industry, housing and living materials industry, precision molding products industry and others but majority of the revenues are derived from precision molding products which includes shipping and carrying containers for semiconductor silicon wafers, materials for automatic mounting of electronic components, office automation device components.
90GF Score

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

$9.76
Price
$7.16
GF Value