Thinca Co (TSE:149A) EBIT: 円-128 Mil (TTM As of Jun. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

TSE:149A Thinca Co Ltd TSE:149A
18 GF Score
Price 円800.00
View Full Analysis

What is Thinca Co EBIT?

Thinca Co TSE:149A -0.37% 18 EBIT is 円-128 Mil as of Jun. 2026. GuruFocus rates TSE:149A with a GF Score™ of 18/100.

Thinca Co's earnings before interest and taxes (EBIT) for the three months ended in Jun. 2026 was 円-110 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2026 was 円-128 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Thinca Co's annualized ROC % for the quarter that ended in Jun. 2026 was -144.12%. Thinca Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was -433.88%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Thinca Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was -6.49%.


Thinca Co  (TSE:149A) EBIT Explanation

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

Thinca Co's annualized ROC % for the quarter that ended in Jun. 2026 is calculated as:

ROC % (Q: Jun. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Mar. 2026 ) + Invested Capital (Q: Jun. 2026 ))/ count )
=-437.864 * ( 1 - 0% )/( (294.497 + 313.155)/ 2 )
=-437.864/303.826
=-144.12 %

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))
=1236.716 - 108.893 - ( 912.849 - max(0, 228.579 - 1061.905+912.849))
=294.497

Invested Capital(Q: Jun. 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))
=1207.053 - 163.661 - ( 788.023 - max(0, 270.463 - 1000.7+788.023))
=313.155

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

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

Thinca Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2026 is calculated as:

ROC (Joel Greenblatt) %(Q: Jun. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Mar. 2026  Q: Jun. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-439.728/( ( (92.244 + max(-19.523, 0)) + (110.452 + max(-27.786, 0)) )/ 2 )
=-439.728/( ( 92.244 + 110.452 )/ 2 )
=-439.728/101.348
=-433.88 %

where Working Capital is:

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(91.186 + 12.013 + 45.857) - (108.893 + 0 + 59.686)
=-19.523

Working Capital(Q: Jun. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(110.003 + 47.953 + 54.721) - (163.661 + 0 + 76.802)
=-27.786

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Jun. 2026) EBIT data.

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jun. 2026 )
=-128.102/1973.673
=-6.49 %

* 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.


Thinca Co EBIT Related Terms


Thinca Co EBIT Historical Data

* Premium members only.

The historical data trend for Thinca 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.

Thinca Co EBIT Chart

Thinca Co Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
EBIT
-88.83 -150.29 98.48 49.45 62.96

Thinca Co Quarterly Data
Dec21 Dec22 Sep23 Dec23 Mar24 Jun24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 25.17 23.34 2.26 -43.77 -109.93

TSE:149A vs QH, SHOP, UBER: EBIT Comparison

For the Software - Application subindustry, Thinca 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.


Thinca Co EV-to-EBIT vs Software Industry

For the Software industry and Technology sector, Thinca Co's EV-to-EBIT distribution charts can be found below:

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


TSE:149A
18GF Score
Thinca Co Ltd TSE:149A
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Thinca 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 Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was 円-128 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-128 Mil mean?
Thinca Co (TSE:149A) has a EBIT of 円-128 Mil as of Jun. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Thinca Co.
Is Thinca Co's EBIT too high?
Thinca Co's current EBIT is 円-128 Mil. Overall, Thinca Co has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does Thinca Co's EBIT compare to QH and SHOP?
Thinca Co's EBIT of 円-128 Mil can be compared against companies in the Software 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 Software company?
A good EBIT depends on the Software 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 Thinca Co. Thinca Co's current EBIT is 円-128 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thinca Co stock overvalued right now?
Thinca Co (TSE:149A) has a current EBIT of 円-128 Mil. The current EBIT is 円-128 Mil. Thinca Co's overall GF Score™ is 18/100. 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 Thinca Co (TSE:149A), the current EBIT is 円-128 Mil as of Jun. 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.

Thinca Co Business Description

Address 3-3 Kanda-Nishiki-cho, Chiyoda-ku, Tokyo, JPN, 101-0054
Thinca Co Ltd is engaged in development and distribution of communication platform "KAICLOUD", and other related business.
18GF Score

Get the complete analysis for TSE:149A

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

円800.00
Price