Wedge Holdings Co (TSE:2388) EBIT: 円-536.0 Mil (TTM As of Mar. 2026)


TSE:2388 Wedge Holdings Co Ltd TSE:2388
50 GF Score
Price 円32.00
GF Value 円84.69
Valuation Possible Value Trap
! 5 Warning Signs
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What is Wedge Holdings Co EBIT?

Wedge Holdings Co TSE:2388 -5.88% 50 EBIT is 円-536.0 Mil as of Mar. 2026. GuruFocus rates TSE:2388 with a GF Score™ of 50/100 and a GF Value™ of 円84.69 (Possible Value Trap). The stock has 5 warning signs investors should review.

Wedge Holdings Co's earnings before interest and taxes (EBIT) for the six months ended in Mar. 2026 was 円-253.7 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was 円-536.0 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Wedge Holdings Co's annualized ROC % for the quarter that ended in Mar. 2026 was -3.91%. Wedge Holdings Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was -10,729.42%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Wedge Holdings Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was -108.35%.

Wedge Holdings Co  (TSE:2388) EBIT Explanation

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

Wedge Holdings 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: Sep. 2025 ) + Invested Capital (Q: Mar. 2026 ))/ count )
=-79.464 * ( 1 - 0% )/( (1978.859 + 2083.323)/ 2 )
=-79.464/2031.091
=-3.91 %

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))
=3684.956 - 48.797 - ( 1657.3 - max(0, 256.737 - 2946.18+1657.3))
=1978.859

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))
=3448.602 - 62.28 - ( 1302.999 - max(0, 301.706 - 3013.943+1302.999))
=2083.323

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:

Wedge Holdings 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: Sep. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-507.448/( ( (4.862 + max(-444.894, 0)) + (4.597 + max(-356.696, 0)) )/ 2 )
=-507.448/( ( 4.862 + 4.597 )/ 2 )
=-507.448/4.7295
=-10,729.42 %

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)
=(111.205 + 80.696 + -382.955) - (48.797 + 0 + 205.043)
=-444.894

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(211.04 + 106.795 + -377.241) - (62.28 + 0 + 235.01)
=-356.696

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=-535.96/494.662
=-108.35 %

* 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.

Wedge Holdings Co EBIT Related Terms

Wedge Holdings Co EBIT Historical Data

* Premium members only.

The historical data trend for Wedge Holdings 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.

Wedge Holdings Co EBIT Chart

Wedge Holdings Co Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1,336.83 126.99 -474.81 -884.13 -179.70

Wedge Holdings Co 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 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 -517.34 -366.79 102.54 -282.24 -253.72

TSE:2388 vs HON, MMM: EBIT Comparison

For the Conglomerates subindustry, Wedge Holdings 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.

Wedge Holdings Co EV-to-EBIT vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, Wedge Holdings Co's EV-to-EBIT distribution charts can be found below:

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


TSE:2388
50GF Score
Wedge Holdings Co Ltd TSE:2388
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Wedge Holdings 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 semi-annually data reported by the company within the most recent 12 months, which was 円-536.0 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-536.0 Mil mean?
Wedge Holdings Co (TSE:2388) has a EBIT of 円-536.0 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Wedge Holdings Co.
Is Wedge Holdings Co's EBIT too high?
Wedge Holdings Co's current EBIT is 円-536.0 Mil. Overall, Wedge Holdings Co has a GF Score™ of 50/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Wedge Holdings Co's EBIT compare to HON and MMM?
Wedge Holdings Co's EBIT of 円-536.0 Mil can be compared against companies in the Conglomerates 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 Conglomerates company?
A good EBIT depends on the Conglomerates 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 Wedge Holdings Co. Wedge Holdings Co's current EBIT is 円-536.0 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Wedge Holdings Co stock overvalued right now?
Based on GuruFocus' analysis, Wedge Holdings Co (TSE:2388) is currently considered Possible Value Trap. The stock's GF Value™ is 円84.69, compared to a current price of 円32.00 — trading 62.2% below its estimated fair value. The current EBIT is 円-536.0 Mil. Wedge Holdings Co's overall GF Score™ is 50/100 with 5 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 Wedge Holdings Co (TSE:2388), the current EBIT is 円-536.0 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 Wedge Holdings Co (TSE:2388) Overvalued in 2026?

Based on GuruFocus' analysis, Wedge Holdings Co stock appears to be undervalued. The current stock price of 円32.00 is trading 62.2% below its estimated GF Value™ of 円84.69. GuruFocus considers Wedge Holdings Co to be Possible Value Trap.

Key valuation signals for TSE:2388:

  • EBIT: 円-536.0 Mil
  • GF Value™: 円84.69 vs. price of 円32.00 (62.2% below fair value)
  • GF Score™: 50/100 with 5 warning signs

No single metric tells the full story. See the TSE:2388 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Wedge Holdings Co Business Description

Address 2-36-10 Minamisuna, Koyo Building, 3rd Floor, Koto-ku, Tokyo, JPN, 136-0076
Wedge Holdings Co Ltd through its subsidiaries is engaged in two core businesses which are Digital Finance business and Contents business. Contents business includes publishing, games, music and related media through multiple business units. It also produces audio & visual contents as well as DVD and related character products. Digital Finance business composed of motorcycle leasing activities.
50GF Score

Get the complete analysis for TSE:2388

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

円32.00
Price
円84.69
GF Value