Yamato (TSE:1967) EBIT: 円6,814 Mil (TTM As of Mar. 2026)

What is Yamato EBIT?

Yamato TSE:1967 -0.34% 72 EBIT is 円6,814 Mil as of Mar. 2026. GuruFocus rates TSE:1967 with a GF Score™ of 72/100 and a GF Value™ of 円1,461.05 (Significantly Overvalued). The stock has 2 warning signs investors should review.

Yamato's earnings before interest and taxes (EBIT) for the six months ended in Mar. 2026 was 円3,480 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was 円6,814 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Yamato's annualized ROC % for the quarter that ended in Mar. 2026 was 9.52%. Yamato's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 35.37%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Yamato's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 16.65%.

Yamato (TSE:1967) EBIT Explanation

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

Yamato'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: Sep. 2025 )	+	Invested Capital (Q: Mar. 2026 ))	/ count )
=	5963.51 * ( 1 - 29.93% )	/	( (40243.789	+	47506.137)	/ 2 )
=	4178.631457	/	43874.963
=	9.52 %

where

	Invested Capital		(Q: Sep. 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	))
=	58034.527	-	5151.469	-	( 12639.269	-	max(0, 15594.408	-	31370.273	+	12639.269	))
=	40243.789

	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	))
=	61766.418	-	5606.707	-	( 8653.574	-	max(0, 15262.186	-	31112.06	+	8653.574	))
=	47506.137

Note: The Operating Income data used here is two times the semi-annual (Mar. 2026) data.

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

Yamato'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: Sep. 2025		Q: Mar. 2026
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	6959.232	/	( ( (9289.614 + max(7628.639, 0))	+	(11721.649 + max(10707.047, 0)) )	/	2 )
=	6959.232	/	( ( 16918.253	+	22428.696 )	/	2 )
=	6959.232	/	19673.4745
=	35.37 %

where Working Capital is:

	Working Capital		(Q: Sep. 2025 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(13524.69	+	1852.081	+	3354.233)	-	(5151.469	+	0	+	5950.896)
=	7628.639

	Working Capital		(Q: Mar. 2026 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(16805.411	+	2283.669	+	3369.406)	-	(5606.707	+	0	+	6144.732)
=	10707.047

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Mar. 2026) EBIT data.

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

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

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Mar. 2026 )
	=	6813.794	/	40911.747
	=	16.65 %

* 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.

Yamato EBIT Related Terms

Yamato EBIT Historical Data

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The historical data trend for Yamato's EBIT can be seen below:

Yamato EBIT Chart

Yamato Annual Data

Trend

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Mar25

Mar26

EBIT

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3,996.64

3,073.94

2,526.96

5,808.32

6,813.79

Yamato Semi-Annual Data
	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24	Sep24	Mar25	Sep25	Mar26
EBIT	Get a 7-Day Free Trial															2,190.34	2,030.80	3,777.52	3,334.18	3,479.62

TSE:1967 vs PWR, FIX, EME: EBIT Comparison

For the Engineering & Construction subindustry, Yamato'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.

Yamato EV-to-EBIT vs Construction Industry

For the Construction industry and Industrials sector, Yamato's EV-to-EBIT distribution charts can be found below:

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

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72GF Score

Yamato Corp TSE:1967

EBIT is just one metric. See GF Score™, valuation, warning signs, and more.

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Yamato 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 semi-annually data reported by the company within the most recent 12 months, which was 円6,814 Mil.

Frequently Asked Questions Learn more about EBIT →

What does a EBIT of 円6,814 Mil mean?

Yamato (TSE:1967) has a EBIT of 円6,814 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Yamato.

Is Yamato's EBIT too high?

Yamato's current EBIT is 円6,814 Mil. Overall, Yamato has a GF Score™ of 72/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.

How does Yamato's EBIT compare to PWR and FIX?

Yamato's EBIT of 円6,814 Mil can be compared against companies in the Construction 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 Construction company?

A good EBIT depends on the Construction 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 Yamato. Yamato's current EBIT is 円6,814 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Yamato stock overvalued right now?

Based on GuruFocus' analysis, Yamato (TSE:1967) is currently considered Significantly Overvalued. The stock's GF Value™ is 円1,461.05, compared to a current price of 円2,032.00 — trading 39.1% above its estimated fair value. The current EBIT is 円6,814 Mil. Yamato's overall GF Score™ is 72/100 with 2 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 Yamato (TSE:1967), the current EBIT is 円6,814 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 Yamato (TSE:1967) Overvalued in 2026?

Based on GuruFocus' analysis, Yamato stock appears to be overvalued. The current stock price of 円2,032.00 is trading 39.1% above its estimated GF Value™ of 円1,461.05. GuruFocus considers Yamato to be Significantly Overvalued.

Key valuation signals for TSE:1967:

EBIT: 円6,814 Mil
GF Value™: 円1,461.05 vs. price of 円2,032.00 (39.1% above fair value)
GF Score™: 72/100 with 2 warning signs

No single metric tells the full story. See the TSE:1967 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Yamato Business Description

Industry Industrials Construction

Comparable Companies TSE:1929 TSE:1786 TSE:1930 TSE:1827 TSE:1887 TSE:1888 TSE:3431 TSE:1813 TSE:1793 TSE:1810 PWR XPAR:DG FIX NSE:LT XKRX:028260 XAMS:FER XTER:HOT XMAD:ACS EME MTZ

Address No.118 Furuichi-machi, Maebashi-shi, JPN, 371-0844

Website https://www.yamato-se.co.jp

Yamato Corp designs and builds air-conditioning and sanitation facilities such as clean room. The company also designs, installs, and sells environmental equipment such as waste disposal and sewage purifying systems for industrial and home usage.

72GF Score

Get the complete analysis for TSE:1967

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

円2,032.00

Price

円1,461.05

GF Value

View TSE:1967 Analysis

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