Banners Co (TSE:3011) EBIT: 円296 Mil (TTM As of Mar. 2026)

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TSE:3011 Banners Co Ltd TSE:3011
72 GF Score
Price 円146.00
GF Value 円163.28
Valuation Modestly Undervalued
! 4 Warning Signs
View Full Analysis

What is Banners Co EBIT?

Banners Co TSE:3011 72 EBIT is 円296 Mil as of Mar. 2026. GuruFocus rates TSE:3011 with a GF Score™ of 72/100 and a GF Value™ of 円163.28 (Modestly Undervalued). The stock has 4 warning signs investors should review.

Banners Co's earnings before interest and taxes (EBIT) for the six months ended in Mar. 2026 was 円145 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was 円296 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Banners Co's annualized ROC % for the quarter that ended in Mar. 2026 was 2.84%. Banners Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 4.32%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Banners Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 6.33%.


Banners Co  (TSE:3011) EBIT Explanation

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

Banners 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 )
=265.908 * ( 1 - 15.2% )/( (7718.111 + 8135.133)/ 2 )
=225.489984/7926.622
=2.84 %

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))
=8812.946 - 455.625 - ( 969.06 - max(0, 1485.745 - 2124.955+969.06))
=7718.111

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))
=9460.782 - 501.589 - ( 1090.005 - max(0, 1724.558 - 2548.618+1090.005))
=8135.133

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:

Banners 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 )
=289.514/( ( (6377.632 + max(98.023, 0)) + (6780.539 + max(156.004, 0)) )/ 2 )
=289.514/( ( 6475.655 + 6936.543 )/ 2 )
=289.514/6706.099
=4.32 %

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)
=(97.707 + 927.361 + 30.761) - (455.625 + 0 + 502.181)
=98.023

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(172.406 + 968.283 + 42.881) - (501.589 + 0 + 525.977)
=156.004

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=295.581/4673.006
=6.33 %

* 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.


Banners Co EBIT Related Terms


Banners Co EBIT Historical Data

* Premium members only.

The historical data trend for Banners 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.

Banners Co EBIT Chart

Banners Co Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 166.32 226.41 268.56 348.99 295.58

Banners 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 170.56 158.31 190.68 150.82 144.76

TSE:3011 vs CVNA, PAG, ALTB: EBIT Comparison

For the Auto & Truck Dealerships subindustry, Banners 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.


Banners Co EV-to-EBIT vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Banners Co's EV-to-EBIT distribution charts can be found below:

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


TSE:3011
72GF Score
Banners Co Ltd TSE:3011
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Banners 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296 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296 Mil mean?
Banners Co (TSE:3011) has a EBIT of 円296 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Banners Co.
Is Banners Co's EBIT too high?
Banners Co's current EBIT is 円296 Mil. Overall, Banners Co has a GF Score™ of 72/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Banners Co's EBIT compare to CVNA and PAG?
Banners Co's EBIT of 円296 Mil can be compared against companies in the Vehicles & Parts 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 Vehicles & Parts company?
A good EBIT depends on the Vehicles & Parts 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 Banners Co. Banners Co's current EBIT is 円296 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Banners Co stock overvalued right now?
Based on GuruFocus' analysis, Banners Co (TSE:3011) is currently considered Modestly Undervalued. The stock's GF Value™ is 円163.28, compared to a current price of 円146.00 — trading 10.6% below its estimated fair value. The current EBIT is 円296 Mil. Banners Co's overall GF Score™ is 72/100 with 4 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 Banners Co (TSE:3011), the current EBIT is 円296 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 Banners Co (TSE:3011) Overvalued in 2026?

Based on GuruFocus' analysis, Banners Co stock appears to be undervalued. The current stock price of 円146.00 is trading 10.6% below its estimated GF Value™ of 円163.28. GuruFocus considers Banners Co to be Modestly Undervalued.

Key valuation signals for TSE:3011:

  • EBIT: 円296 Mil
  • GF Value™: 円163.28 vs. price of 円146.00 (10.6% below fair value)
  • GF Score™: 72/100 with 4 warning signs

No single metric tells the full story. See the TSE:3011 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Banners Co Business Description

Address 102 Ishihara 1-chome, Kumagaya-shi, Saitama, JPN, 3600816
Banners Co Ltd is a Japan-based company. The company operates its business activities in three divisions including real estate utilization business, automobile sales business and musical instrument sales business. In the real estate utilization business, the company mainly rent tenants. In the automobile sales business, it sells Honda Vehicles and non-life insurance. In the musical instrument sales business, it imports and sells oboe and bathoons as a specialty store of double reed musical instruments. It also provides maintenance and after-sales services.
72GF Score

Get the complete analysis for TSE:3011

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

円146.00
Price
円163.28
GF Value