Hodl1 (TSE:2345) EBIT: 円-585.16 Mil (TTM As of Apr. 2026)


TSE:2345 Hodl1 Inc TSE:2345
46 GF Score
Price 円102.00
GF Value 円12.09
Valuation Significantly Overvalued
! 7 Warning Signs
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What is Hodl1 EBIT?

Hodl1 TSE:2345 -11.30% 46 EBIT is 円-585.16 Mil as of Apr. 2026. GuruFocus rates TSE:2345 with a GF Score™ of 46/100 and a GF Value™ of 円12.09 (Significantly Overvalued). The stock has 7 warning signs investors should review.

Hodl1's earnings before interest and taxes (EBIT) for the six months ended in Apr. 2026 was 円-226.68 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Apr. 2026 was 円-585.16 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Hodl1's annualized ROC % for the quarter that ended in Apr. 2026 was -139.26%. Hodl1's annualized ROC (Joel Greenblatt) % for the quarter that ended in Apr. 2026 was %.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Hodl1's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Apr. 2026 was -34.99%.

Hodl1  (TSE:2345) EBIT Explanation

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

Hodl1's annualized ROC % for the quarter that ended in Apr. 2026 is calculated as:

ROC % (Q: Apr. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Oct. 2025 ) + Invested Capital (Q: Apr. 2026 ))/ count )
=-405.036 * ( 1 - 0% )/( (365.189 + 216.514)/ 2 )
=-405.036/290.8515
=-139.26 %

where

Invested Capital(Q: Oct. 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))
=533.389 - 33.647 - ( 222.836 - max(0, 102.772 - 237.325+222.836))
=365.189

Invested Capital(Q: Apr. 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))
=331.12 - 16.844 - ( 155.876 - max(0, 84.334 - 182.096+155.876))
=216.514

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

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

Hodl1's annualized ROC (Joel Greenblatt) % for the quarter that ended in Apr. 2026 is calculated as:

ROC (Joel Greenblatt) %(Q: Apr. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Oct. 2025  Q: Apr. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-453.35/( ( (0 + max(-203.58, 0)) + (0 + max(-192.453, 0)) )/ 2 )
=-453.35/( ( 0 + 0 )/ 2 )
=-453.35/0
= %

where Working Capital is:

Working Capital(Q: Oct. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1.54 + 0 + -102.348) - (33.647 + 0 + 69.125)
=-203.58

Working Capital(Q: Apr. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(3.639 + 0 + -111.758) - (16.844 + 0 + 67.49)
=-192.453

When net working capital is negative, 0 is used.

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

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

Hodl1's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Apr. 2026 )
=-585.161/1672.315
=-34.99 %

* 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.

Hodl1 EBIT Related Terms

Hodl1 EBIT Historical Data

* Premium members only.

The historical data trend for Hodl1'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.

Hodl1 EBIT Chart

Hodl1 Annual Data
Trend Mar16 Dec17 Dec18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24 Oct25
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only -348.56 611.67 -2,664.74 -1,869.61 -1,361.65

Hodl1 Semi-Annual Data
Mar16 Sep16 Jun17 Dec17 Jun18 Dec18 Jun19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23 Apr24 Oct24 Apr25 Oct25 Apr26
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 -646.50 -1,223.11 -1,003.16 -358.49 -226.68

TSE:2345 vs CRM, SHOP, UBER: EBIT Comparison

For the Software - Application subindustry, Hodl1'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.

Hodl1 EV-to-EBIT vs Software Industry

For the Software industry and Technology sector, Hodl1's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Hodl1's EV-to-EBIT falls into.


TSE:2345
46GF Score
Hodl1 Inc TSE:2345
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Hodl1 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 Apr. 2026 adds up the semi-annually data reported by the company within the most recent 12 months, which was 円-585.16 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-585.16 Mil mean?
Hodl1 (TSE:2345) has a EBIT of 円-585.16 Mil as of Apr. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Hodl1.
Is Hodl1's EBIT too high?
Hodl1's current EBIT is 円-585.16 Mil. Overall, Hodl1 has a GF Score™ of 46/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hodl1's EBIT compare to CRM and SHOP?
Hodl1's EBIT of 円-585.16 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 Hodl1. Hodl1's current EBIT is 円-585.16 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hodl1 stock overvalued right now?
Based on GuruFocus' analysis, Hodl1 (TSE:2345) is currently considered Significantly Overvalued. The stock's GF Value™ is 円12.09, compared to a current price of 円102.00 — trading 743.7% above its estimated fair value. The current EBIT is 円-585.16 Mil. Hodl1's overall GF Score™ is 46/100 with 7 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 Hodl1 (TSE:2345), the current EBIT is 円-585.16 Mil as of Apr. 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 Hodl1 (TSE:2345) Overvalued in 2026?

Based on GuruFocus' analysis, Hodl1 stock appears to be overvalued. The current stock price of 円102.00 is trading 743.7% above its estimated GF Value™ of 円12.09. GuruFocus considers Hodl1 to be Significantly Overvalued.

Key valuation signals for TSE:2345:

  • EBIT: 円-585.16 Mil
  • GF Value™: 円12.09 vs. price of 円102.00 (743.7% above fair value)
  • GF Score™: 46/100 with 7 warning signs

No single metric tells the full story. See the TSE:2345 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Hodl1 Business Description

Address 2-12-1 Minamiaoyama, Miyakoya Building, Minato-ku, Tokyo, JPN, 107-0062
Hodl1 Inc, formerly Kushim Inc is engaged in the development and sales of LMS (learning management system) and e-learning content. It is developing collaboration for blockchain technology.
46GF Score

Get the complete analysis for TSE:2345

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

円102.00
Price
円12.09
GF Value