TOKSF (Tokyo Steel Manufacturing Co) EBIT: $94 Mil (TTM As of Mar. 2026)


TOKSF Tokyo Steel Manufacturing Co Ltd TOKSF
70 GF Score
Price $9.11
GF Value $7.75
Valuation Modestly Overvalued
! 10 Warning Signs
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What is Tokyo Steel Manufacturing Co EBIT?

Tokyo Steel Manufacturing Co TOKSF 70 EBIT is $94 Mil as of Mar. 2026. GuruFocus rates TOKSF with a GF Score™ of 70/100 and a GF Value™ of $7.75 (Modestly Overvalued). The stock has 10 warning signs investors should review.

Tokyo Steel Manufacturing Co's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was $7 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was $94 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Tokyo Steel Manufacturing Co's annualized ROC % for the quarter that ended in Mar. 2026 was -2.15%. Tokyo Steel Manufacturing Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 3.43%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Tokyo Steel Manufacturing Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 14.61%.


Tokyo Steel Manufacturing Co  (OTCPK:TOKSF) EBIT Explanation

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

Tokyo Steel Manufacturing 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 )
=-23.796 * ( 1 - 0% )/( (1072.065 + 1138.26)/ 2 )
=-23.796/1105.1625
=-2.15 %

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))
=1948.722 - 297.38 - ( 579.277 - max(0, 414.354 - 1029.163+579.277))
=1072.065

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))
=1837.611 - 233.201 - ( 466.15 - max(0, 324.963 - 916.704+466.15))
=1138.26

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

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

Tokyo Steel Manufacturing 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 )
=26.72/( ( (694.205 + max(35.532, 0)) + (701.923 + max(125.591, 0)) )/ 2 )
=26.72/( ( 729.737 + 827.514 )/ 2 )
=26.72/778.6255
=3.43 %

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)
=(158.497 + 266.6 + 24.789) - (297.38 + 0 + 116.974)
=35.532

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(167.353 + 258.402 + 24.799) - (233.201 + 0 + 91.762)
=125.591

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=94.159/644.542
=14.61 %

* 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.


Tokyo Steel Manufacturing Co EBIT Related Terms


Tokyo Steel Manufacturing Co EBIT Historical Data

* Premium members only.

The historical data trend for Tokyo Steel Manufacturing 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.

Tokyo Steel Manufacturing Co EBIT Chart

Tokyo Steel Manufacturing 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 277.52 289.34 265.53 199.49 89.70

Tokyo Steel Manufacturing 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 43.12 35.86 7.00 44.62 6.68

TOKSF vs NUE, STLD, RS: EBIT Comparison

For the Steel subindustry, Tokyo Steel Manufacturing 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.


Tokyo Steel Manufacturing Co EV-to-EBIT vs Steel Industry

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

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


TOKSF
70GF Score
Tokyo Steel Manufacturing Co Ltd TOKSF
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Tokyo Steel Manufacturing 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 $94 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 $94 Mil mean?
Tokyo Steel Manufacturing Co (TOKSF) has a EBIT of $94 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Tokyo Steel Manufacturing Co.
Is Tokyo Steel Manufacturing Co's EBIT too high?
Tokyo Steel Manufacturing Co's current EBIT is $94 Mil. Overall, Tokyo Steel Manufacturing Co has a GF Score™ of 70/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tokyo Steel Manufacturing Co's EBIT compare to NUE and STLD?
Tokyo Steel Manufacturing Co's EBIT of $94 Mil can be compared against companies in the Steel 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 Steel company?
A good EBIT depends on the Steel 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 Tokyo Steel Manufacturing Co. Tokyo Steel Manufacturing Co's current EBIT is $94 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tokyo Steel Manufacturing Co stock overvalued right now?
Based on GuruFocus' analysis, Tokyo Steel Manufacturing Co (TOKSF) is currently considered Modestly Overvalued. The stock's GF Value™ is $7.75, compared to a current price of $9.11 — trading 17.5% above its estimated fair value. The current EBIT is $94 Mil. Tokyo Steel Manufacturing Co's overall GF Score™ is 70/100 with 10 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 Tokyo Steel Manufacturing Co (TOKSF), the current EBIT is $94 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 Tokyo Steel Manufacturing Co (TOKSF) Overvalued in 2026?

Based on GuruFocus' analysis, Tokyo Steel Manufacturing Co stock appears to be overvalued. The current stock price of $9.11 is trading 17.5% above its estimated GF Value™ of $7.75. GuruFocus considers Tokyo Steel Manufacturing Co to be Modestly Overvalued.

Key valuation signals for TOKSF:

  • EBIT: $94 Mil
  • GF Value™: $7.75 vs. price of $9.11 (17.5% above fair value)
  • GF Score™: 70/100 with 10 warning signs

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


Tokyo Steel Manufacturing Co Business Description

Other Exchanges 5423:Japan
Address Kasumigaseki-Tokyu Bldg 15th Floor, 3-7-1, Kasumigaseki, Chiyoda-ku, Tokyo, JPN, 1000013
Tokyo Steel Manufacturing Co Ltd is a Japan-based company engaged in production of long steel products and flat steel products. The company's long product portfolio comprises H beams, sheet piles, I-beams, checkered H-beams, channels, and reinforcing bars. The company's flat product portfolio consists of heavy plates, hot-rolled coils, pickled and oiled coils, hot-dip galvanized coils, checkered coils, and steel sheets. These products are used in a broad range of applications, including construction, civil engineering, industrial equipment, plant equipment, bridge, and shipbuilding. The company has four plants located in Tahara, Okayama, Kyushu, and Utsunomiya. Tokyo Steel Manufacturing generates the majority of its revenue from the Japanese domestic market.
70GF Score

Get the complete analysis for TOKSF

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

$9.11
Price
$7.75
GF Value