Yamaichi Real Estate Co (TSE:2984) EBIT: 円1,710 Mil (TTM As of Mar. 2026)


TSE:2984 Yamaichi Real Estate Co Ltd TSE:2984
59 GF Score
Price 円758.00
GF Value 円629.32
Valuation Modestly Overvalued
! 11 Warning Signs
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What is Yamaichi Real Estate Co EBIT?

Yamaichi Real Estate Co TSE:2984 +0.13% 59 EBIT is 円1,710 Mil as of Mar. 2026. GuruFocus rates TSE:2984 with a GF Score™ of 59/100 and a GF Value™ of 円629.32 (Modestly Overvalued). The stock has 11 warning signs investors should review.

Yamaichi Real Estate Co's earnings before interest and taxes (EBIT) for the six months ended in Mar. 2026 was 円1,795 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was 円1,710 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Yamaichi Real Estate Co's annualized ROC % for the quarter that ended in Mar. 2026 was 4.60%. Yamaichi Real Estate Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 7.15%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Yamaichi Real Estate Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 3.95%.


Yamaichi Real Estate Co  (TSE:2984) EBIT Explanation

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

Yamaichi Real Estate 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 )
=4110.376 * ( 1 - 39.43% )/( (52458.082 + 55901.992)/ 2 )
=2489.6547432/54180.037
=4.60 %

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))
=56464.998 - 347.476 - ( 3659.44 - max(0, 14832.89 - 32126.823+3659.44))
=52458.082

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))
=62427.464 - 1399.261 - ( 5126.211 - max(0, 23939.397 - 37702.608+5126.211))
=55901.992

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:

Yamaichi Real Estate 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 )
=3589.874/( ( (21559.782 + max(27065.613, 0)) + (21936.878 + max(29843.528, 0)) )/ 2 )
=3589.874/( ( 48625.395 + 51780.406 )/ 2 )
=3589.874/50202.9005
=7.15 %

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)
=(166.861 + 27108.617 + 1191.905) - (347.476 + 0 + 1054.294)
=27065.613

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(222.543 + 31010.537 + 1343.317) - (1399.261 + 0 + 1333.608)
=29843.528

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=1710.21/43241.761
=3.95 %

* 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.


Yamaichi Real Estate Co EBIT Related Terms


Yamaichi Real Estate Co EBIT Historical Data

* Premium members only.

The historical data trend for Yamaichi Real Estate 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.

Yamaichi Real Estate Co EBIT Chart

Yamaichi Real Estate Co Annual Data
Trend Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
EBIT
Get a 7-Day Free Trial Premium Member Only 2,756.42 2,414.62 2,299.88 1,618.58 1,710.21

Yamaichi Real Estate Co Semi-Annual Data
Mar18 Mar19 Mar20 Mar21 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 2,051.98 587.91 1,030.67 -84.73 1,794.94

Yamaichi Real Estate Co EBIT Competitor Comparison

For the Real Estate - Development subindustry, Yamaichi Real Estate 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.


Yamaichi Real Estate Co EV-to-EBIT vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Yamaichi Real Estate Co's EV-to-EBIT distribution charts can be found below:

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


TSE:2984
59GF Score
Yamaichi Real Estate Co Ltd TSE:2984
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Yamaichi Real Estate 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1,710 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1,710 Mil mean?
Yamaichi Real Estate Co (TSE:2984) has a EBIT of 円1,710 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Yamaichi Real Estate Co.
Is Yamaichi Real Estate Co's EBIT too high?
Yamaichi Real Estate Co's current EBIT is 円1,710 Mil. Overall, Yamaichi Real Estate Co has a GF Score™ of 59/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Yamaichi Real Estate Co's EBIT compare to competitors?
Yamaichi Real Estate Co's EBIT of 円1,710 Mil can be compared against companies in the Real Estate 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 Real Estate company?
A good EBIT depends on the Real Estate 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 Yamaichi Real Estate Co. Yamaichi Real Estate Co's current EBIT is 円1,710 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Yamaichi Real Estate Co stock overvalued right now?
Based on GuruFocus' analysis, Yamaichi Real Estate Co (TSE:2984) is currently considered Modestly Overvalued. The stock's GF Value™ is 円629.32, compared to a current price of 円758.00 — trading 20.4% above its estimated fair value. The current EBIT is 円1,710 Mil. Yamaichi Real Estate Co's overall GF Score™ is 59/100 with 11 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 Yamaichi Real Estate Co (TSE:2984), the current EBIT is 円1,710 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 Yamaichi Real Estate Co (TSE:2984) Overvalued in 2026?

Based on GuruFocus' analysis, Yamaichi Real Estate Co stock appears to be overvalued. The current stock price of 円758.00 is trading 20.4% above its estimated GF Value™ of 円629.32. GuruFocus considers Yamaichi Real Estate Co to be Modestly Overvalued.

Key valuation signals for TSE:2984:

  • EBIT: 円1,710 Mil
  • GF Value™: 円629.32 vs. price of 円758.00 (20.4% above fair value)
  • GF Score™: 59/100 with 11 warning signs

No single metric tells the full story. See the TSE:2984 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Yamaichi Real Estate Co Business Description

Address Wakayama Nakanoshima 1518, Nakanoshima 801 building 5 floor, Yubinbango, Osaka, JPN, 640-8392
Yamaichi Real Estate Co Ltd is a real estate development company engaged in provision of sales, leasing, management and brokerage services. The company develops commercial land, business land, residential land, condominiums and rental condominiums. Its development business ranges from residential areas to business sites such as factories and warehouses, urban commercial facilities, and suburban commercial facilities.
59GF Score

Get the complete analysis for TSE:2984

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

円758.00
Price
円629.32
GF Value