Asukanet Co (TSE:2438) EBIT: 円392 Mil (TTM As of Apr. 2026)


TSE:2438 Asukanet Co Ltd TSE:2438
52 GF Score
Price 円311.00
GF Value 円506.73
Valuation Significantly Undervalued
! 3 Warning Signs
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What is Asukanet Co EBIT?

Asukanet Co TSE:2438 +0.65% 52 EBIT is 円392 Mil as of Apr. 2026. GuruFocus rates TSE:2438 with a GF Score™ of 52/100 and a GF Value™ of 円506.73 (Significantly Undervalued). The stock has 3 warning signs investors should review.

Asukanet Co's earnings before interest and taxes (EBIT) for the six months ended in Apr. 2026 was 円360 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Apr. 2026 was 円392 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Asukanet Co's annualized ROC % for the quarter that ended in Apr. 2026 was 12.37%. Asukanet Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Apr. 2026 was 26.19%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Asukanet Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Apr. 2026 was 11.96%.


Asukanet Co  (TSE:2438) EBIT Explanation

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

Asukanet Co'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 )
=720.83 * ( 1 - 25.14% )/( (4341.23 + 4381.427)/ 2 )
=539.613338/4361.3285
=12.37 %

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))
=6254.697 - 597.166 - ( 1316.301 - max(0, 997.283 - 2744.95+1316.301))
=4341.23

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))
=6223.323 - 453.692 - ( 1388.204 - max(0, 882.817 - 2827.279+1388.204))
=4381.427

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:

Asukanet Co'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 )
=720.83/( ( (2321.207 + max(431.366, 0)) + (2195.095 + max(556.258, 0)) )/ 2 )
=720.83/( ( 2752.573 + 2751.353 )/ 2 )
=720.83/2751.963
=26.19 %

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)
=(856.961 + 512.482 + 59.206) - (597.166 + 0 + 400.117)
=431.366

Working Capital(Q: Apr. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(846.243 + 507.383 + 85.449) - (453.692 + 0 + 429.125)
=556.258

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Apr. 2026 )
=391.823/3277.186
=11.96 %

* 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.


Asukanet Co EBIT Related Terms


Asukanet Co EBIT Historical Data

* Premium members only.

The historical data trend for Asukanet 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.

Asukanet Co EBIT Chart

Asukanet Co Annual Data
Trend Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24 Apr25 Apr26
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 439.96 585.36 447.45 173.66 391.82

Asukanet Co Semi-Annual Data
Oct16 Apr17 Oct17 Apr18 Oct18 Apr19 Oct19 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 357.05 15.88 157.79 31.41 360.42

TSE:2438 vs ROL, SCI, HRB: EBIT Comparison

For the Personal Services subindustry, Asukanet 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.


Asukanet Co EV-to-EBIT vs Personal Services Industry

For the Personal Services industry and Consumer Cyclical sector, Asukanet Co's EV-to-EBIT distribution charts can be found below:

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


TSE:2438
52GF Score
Asukanet Co Ltd TSE:2438
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Asukanet 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 Apr. 2026 adds up the semi-annually data reported by the company within the most recent 12 months, which was 円392 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392 Mil mean?
Asukanet Co (TSE:2438) has a EBIT of 円392 Mil as of Apr. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Asukanet Co.
Is Asukanet Co's EBIT too high?
Asukanet Co's current EBIT is 円392 Mil. Overall, Asukanet Co has a GF Score™ of 52/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Asukanet Co's EBIT compare to ROL and SCI?
Asukanet Co's EBIT of 円392 Mil can be compared against companies in the Personal 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 Personal Services company?
A good EBIT depends on the Personal 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 Asukanet Co. Asukanet Co's current EBIT is 円392 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Asukanet Co stock overvalued right now?
Based on GuruFocus' analysis, Asukanet Co (TSE:2438) is currently considered Significantly Undervalued. The stock's GF Value™ is 円506.73, compared to a current price of 円311.00 — trading 38.6% below its estimated fair value. The current EBIT is 円392 Mil. Asukanet Co's overall GF Score™ is 52/100 with 3 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 Asukanet Co (TSE:2438), the current EBIT is 円392 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 Asukanet Co (TSE:2438) Overvalued in 2026?

Based on GuruFocus' analysis, Asukanet Co stock appears to be undervalued. The current stock price of 円311.00 is trading 38.6% below its estimated GF Value™ of 円506.73. GuruFocus considers Asukanet Co to be Significantly Undervalued.

Key valuation signals for TSE:2438:

  • EBIT: 円392 Mil
  • GF Value™: 円506.73 vs. price of 円311.00 (38.6% below fair value)
  • GF Score™: 52/100 with 3 warning signs

No single metric tells the full story. See the TSE:2438 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Asukanet Co Business Description

Address 3-28-14 Gion, Asaminami-ku, Hiroshima, JPN
Asukanet Co Ltd is engaged in the business of memorial design services which provides digital processing services for portraits of deceased persons, and the provision of funeral-related production services. It is also engaged in the manufacture and sale of individual photo albums. It is also involved in the research and marketing activities related to aerial imaging technology.
52GF Score

Get the complete analysis for TSE:2438

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

円311.00
Price
円506.73
GF Value