Denka Co (STU:DIK) EBIT: €132 Mil (TTM As of Mar. 2026)


STU:DIK Denka Co Ltd STU:DIK
64 GF Score
Price €23.80
GF Value €12.99
Valuation Significantly Overvalued
! 11 Warning Signs
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What is Denka Co EBIT?

Denka Co STU:DIK +1.71% 64 EBIT is €132 Mil as of Mar. 2026. GuruFocus rates STU:DIK with a GF Score™ of 64/100 and a GF Value™ of €12.99 (Significantly Overvalued). The stock has 11 warning signs investors should review.

Denka Co's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was €74 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was €132 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Denka Co's annualized ROC % for the quarter that ended in Mar. 2026 was 3.86%. Denka Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 12.01%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Denka Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 4.09%.


Denka Co  (STU:DIK) EBIT Explanation

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

Denka 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 )
=175.048 * ( 1 - 29.99% )/( (3110.633 + 3241.863)/ 2 )
=122.5511048/3176.248
=3.86 %

where

Invested Capital(Q: Dec. 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))
=3590.492 - 277.186 - ( 202.673 - max(0, 1262.533 - 1481.375+202.673))
=3110.633

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))
=3712.219 - 278.095 - ( 192.261 - max(0, 1008.982 - 1417.703+192.261))
=3241.863

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

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

Denka 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 )
=297.936/( ( (1714.222 + max(688.124, 0)) + (1870.741 + max(690.419, 0)) )/ 2 )
=297.936/( ( 2402.346 + 2561.16 )/ 2 )
=297.936/2481.753
=12.01 %

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)
=(482.198 + 714.815 + 81.689) - (277.186 + 0 + 313.392)
=688.124

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(481.329 + 694.452 + 49.661) - (278.095 + 0 + 256.928)
=690.419

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=132.181/3231.045
=4.09 %

* 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.


Denka Co EBIT Related Terms


Denka Co EBIT Historical Data

* Premium members only.

The historical data trend for Denka 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.

Denka Co EBIT Chart

Denka 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 272.28 110.04 99.27 -93.02 127.89

Denka 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 -126.27 49.64 -5.94 14.00 74.48

STU:DIK vs DOW: EBIT Comparison

For the Chemicals subindustry, Denka 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.


Denka Co EV-to-EBIT vs Chemicals Industry

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

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


STU:DIK
64GF Score
Denka Co Ltd STU:DIK
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Denka 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 €132 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 €132 Mil mean?
Denka Co (STU:DIK) has a EBIT of €132 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Denka Co.
Is Denka Co's EBIT too high?
Denka Co's current EBIT is €132 Mil. Overall, Denka Co has a GF Score™ of 64/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Denka Co's EBIT compare to DOW?
Denka Co's EBIT of €132 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 Denka Co. Denka Co's current EBIT is €132 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Denka Co stock overvalued right now?
Based on GuruFocus' analysis, Denka Co (STU:DIK) is currently considered Significantly Overvalued. The stock's GF Value™ is €12.99, compared to a current price of €23.80 — trading 83.2% above its estimated fair value. The current EBIT is €132 Mil. Denka Co's overall GF Score™ is 64/100 with 11 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 Denka Co (STU:DIK), the current EBIT is €132 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 Denka Co (STU:DIK) Overvalued in 2026?

Based on GuruFocus' analysis, Denka Co stock appears to be overvalued. The current stock price of €23.80 is trading 83.2% above its estimated GF Value™ of €12.99. GuruFocus considers Denka Co to be Significantly Overvalued.

Key valuation signals for STU:DIK:

  • EBIT: €132 Mil
  • GF Value™: €12.99 vs. price of €23.80 (83.2% above fair value)
  • GF Score™: 64/100 with 11 warning signs

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


Denka Co Business Description

Other Exchanges 4061:Japan
Address Nihonbashi Mitsui Tower, 1-1, Nihonbashi-Muromachi, 2-Chome Chuo-ku, Tokyo, JPN, 103-8338
Denka Co Ltd manufactures and sells chemicals, plastics, and chemical-based products. The firm organizes itself into four segments based on product type. The elastomers and performance plastics segment, which generates more revenue than any other segment, sells rubber products used by the automotive industry and plastics used to manufacture electronics including televisions. The infrastructure and social solutions segment sells cement and fertilizer to the construction and building industries. The electronics and innovative products segment sells film, and resins used by the electronics industry. The life science and environment products segment sells housing materials including rain gutters, plastic food packaging materials, and industrial materials including electrical tape.
64GF Score

Get the complete analysis for STU:DIK

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

€23.80
Price
€12.99
GF Value