HIP (TSE:2136) EBIT: 円581 Mil (TTM As of Mar. 2026)

What is HIP EBIT?

HIP TSE:2136 +0.20% 72 EBIT is 円581 Mil as of Mar. 2026. GuruFocus rates TSE:2136 with a GF Score™ of 72/100 and a GF Value™ of 円1,309.07 (Modestly Overvalued). The stock has 1 warning sign investors should review.

HIP's earnings before interest and taxes (EBIT) for the six months ended in Mar. 2026 was 円316 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was 円581 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. HIP's annualized ROC % for the quarter that ended in Mar. 2026 was 18.69%. HIP's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 50.84%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. HIP's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 21.52%.

HIP (TSE:2136) EBIT Explanation

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

HIP'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 )
=	624.652 * ( 1 - 20.41% )	/	( (2592.9	+	2726.267)	/ 2 )
=	497.1605268	/	2659.5835
=	18.69 %

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	))
=	5546.669	-	143.671	-	( 3033.938	-	max(0, 1103.229	-	3913.327	+	3033.938	))
=	2592.9

	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	))
=	5701.169	-	134.832	-	( 3076.749	-	max(0, 1125.829	-	3965.899	+	3076.749	))
=	2726.267

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:

HIP'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 )
=	632.46	/	( ( (1248.34 + max(-223.84, 0))	+	(1239.889 + max(-236.679, 0)) )	/	2 )
=	632.46	/	( ( 1248.34	+	1239.889 )	/	2 )
=	632.46	/	1244.1145
=	50.84 %

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)
=	(796.328	+	0.96	+	82.101)	-	(143.671	+	0	+	959.558)
=	-223.84

	Working Capital		(Q: Mar. 2026 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(806.612	+	0.955	+	81.583)	-	(134.832	+	0	+	990.997)
=	-236.679

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:

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

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Mar. 2026 )
	=	581.039	/	2699.531
	=	21.52 %

* 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.

HIP EBIT Related Terms

HIP EBIT Historical Data

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

HIP EBIT Chart

HIP Annual Data

Trend

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Mar25

Mar26

EBIT

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593.85

593.69

498.36

569.43

581.04

HIP 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															239.89	272.64	296.80	264.81	316.23

TSE:2136 vs KFY, RHI, TNET: EBIT Comparison

For the Staffing & Employment Services subindustry, HIP'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.

HIP EV-to-EBIT vs Business Services Industry

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

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

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72GF Score

HIP Corp TSE:2136

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

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HIP 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581 Mil.

Frequently Asked Questions Learn more about EBIT →

What does a EBIT of 円581 Mil mean?

HIP (TSE:2136) has a EBIT of 円581 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on HIP.

Is HIP's EBIT too high?

HIP's current EBIT is 円581 Mil. Overall, HIP has a GF Score™ of 72/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.

How does HIP's EBIT compare to KFY and RHI?

HIP's EBIT of 円581 Mil can be compared against companies in the Business Services 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 Business Services company?

A good EBIT depends on the Business Services 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 HIP. HIP's current EBIT is 円581 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is HIP stock overvalued right now?

Based on GuruFocus' analysis, HIP (TSE:2136) is currently considered Modestly Overvalued. The stock's GF Value™ is 円1,309.07, compared to a current price of 円1,518.00 — trading 16% above its estimated fair value. The current EBIT is 円581 Mil. HIP's overall GF Score™ is 72/100 with 1 warning sign 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 HIP (TSE:2136), the current EBIT is 円581 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 HIP (TSE:2136) Overvalued in 2026?

Based on GuruFocus' analysis, HIP stock appears to be overvalued. The current stock price of 円1,518.00 is trading 16% above its estimated GF Value™ of 円1,309.07. GuruFocus considers HIP to be Modestly Overvalued.

Key valuation signals for TSE:2136:

EBIT: 円581 Mil
GF Value™: 円1,309.07 vs. price of 円1,518.00 (16% above fair value)
GF Score™: 72/100 with 1 warning sign

No single metric tells the full story. See the TSE:2136 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

HIP Business Description

Industry Industrials Business Services

Comparable Companies TSE:4177 TSE:7080 TSE:9346 TSE:9344 TSE:6538 TSE:6551 TSE:7367 TSE:7361 TSE:574A TSE:6563 XAMS:RAND KFY TSE:2181 RHI XSWX:ADEN HKSE:02225 TNET MAN NSP TSE:9744

Address 8-8, Kusunoki-cho, Nishi-ku, Kanagawa-Prefecture, Yokohama, JPN, 220-0003

Website https://www.hip-pro.co.jp

HIP Corp is engaged in the outsourcing business that provides technical services of mechanical design, electronic design, and software development.

72GF Score

Get the complete analysis for TSE:2136

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

円1,518.00

Price

円1,309.07

GF Value

View TSE:2136 Analysis

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