Applied Co (TSE:3020) EBIT: 円3,472 Mil (TTM As of Mar. 2026)

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TSE:3020 Applied Co Ltd TSE:3020
76 GF Score
Price 円4,075.00
GF Value 円3,153.59
Valuation Modestly Overvalued
! 1 Warning Sign
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What is Applied Co EBIT?

Applied Co TSE:3020 +0.12% 76 EBIT is 円3,472 Mil as of Mar. 2026. GuruFocus rates TSE:3020 with a GF Score™ of 76/100 and a GF Value™ of 円3,153.59 (Modestly Overvalued). The stock has 1 warning sign investors should review.

Applied Co's earnings before interest and taxes (EBIT) for the six months ended in Mar. 2026 was 円1,941 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was 円3,472 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Applied Co's annualized ROC % for the quarter that ended in Mar. 2026 was 23.67%. Applied Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 61.87%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Applied Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 94.86%.


Applied Co  (TSE:3020) EBIT Explanation

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

Applied 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 )
=3840 * ( 1 - 36.19% )/( (10175 + 10532)/ 2 )
=2450.304/10353.5
=23.67 %

where

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:

Applied 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 )
=3882/( ( (5163 + max(1026, 0)) + (5708 + max(652, 0)) )/ 2 )
=3882/( ( 6189 + 6360 )/ 2 )
=3882/6274.5
=61.87 %

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)
=(6643 + 1745 + 103) - (3932 + 0 + 3533)
=1026

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(6592 + 1628 + 88) - (3966 + 0 + 3690)
=652

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=3472/3660.093
=94.86 %

* 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.


Applied Co EBIT Related Terms


Applied Co EBIT Historical Data

* Premium members only.

The historical data trend for Applied 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.

Applied Co EBIT Chart

Applied 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 2,282.00 1,640.00 1,912.00 2,689.00 3,472.00

Applied 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 1,132.00 994.00 1,695.00 1,531.00 1,941.00

TSE:3020 vs SNX, ARW, AVT: EBIT Comparison

For the Electronics & Computer Distribution subindustry, Applied 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.


Applied Co EV-to-EBIT vs Hardware Industry

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

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


TSE:3020
76GF Score
Applied Co Ltd TSE:3020
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Applied 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3,472 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3,472 Mil mean?
Applied Co (TSE:3020) has a EBIT of 円3,472 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Applied Co.
Is Applied Co's EBIT too high?
Applied Co's current EBIT is 円3,472 Mil. Overall, Applied Co has a GF Score™ of 76/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Applied Co's EBIT compare to SNX and ARW?
Applied Co's EBIT of 円3,472 Mil can be compared against companies in the Hardware 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 Hardware company?
A good EBIT depends on the Hardware 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 Applied Co. Applied Co's current EBIT is 円3,472 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Applied Co stock overvalued right now?
Based on GuruFocus' analysis, Applied Co (TSE:3020) is currently considered Modestly Overvalued. The stock's GF Value™ is 円3,153.59, compared to a current price of 円4,075.00 — trading 29.2% above its estimated fair value. The current EBIT is 円3,472 Mil. Applied Co's overall GF Score™ is 76/100 with 1 warning sign 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 Applied Co (TSE:3020), the current EBIT is 円3,472 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 Applied Co (TSE:3020) Overvalued in 2026?

Based on GuruFocus' analysis, Applied Co stock appears to be overvalued. The current stock price of 円4,075.00 is trading 29.2% above its estimated GF Value™ of 円3,153.59. GuruFocus considers Applied Co to be Modestly Overvalued.

Key valuation signals for TSE:3020:

  • EBIT: 円3,472 Mil
  • GF Value™: 円3,153.59 vs. price of 円4,075.00 (29.2% above fair value)
  • GF Score™: 76/100 with 1 warning sign

No single metric tells the full story. See the TSE:3020 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Applied Co Business Description

Address 3-3-1 Higashi-Hie, Hakata-ku, Fukuoka, JPN, 812-0007
Applied Co Ltd is engaged in contract development and maintenance of work WEB systems, digital development, content development for consumers, operation of a game shop, purchase and sale of used handsets, planning and development of technical services, and contract production of OEM products.
76GF Score

Get the complete analysis for TSE:3020

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

円4,075.00
Price
円3,153.59
GF Value