MBK Co (TSE:3121) EBIT: 円188 Mil (TTM As of Apr. 2026)

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TSE:3121 MBK Co Ltd TSE:3121
58 GF Score
Price 円253.00
GF Value 円220.30
Valuation Modestly Overvalued
! 10 Warning Signs
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What is MBK Co EBIT?

MBK Co TSE:3121 +1.61% 58 EBIT is 円188 Mil as of Apr. 2026. GuruFocus rates TSE:3121 with a GF Score™ of 58/100 and a GF Value™ of 円220.30 (Modestly Overvalued). The stock has 10 warning signs investors should review.

MBK Co's earnings before interest and taxes (EBIT) for the six months ended in Apr. 2026 was 円150 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Apr. 2026 was 円188 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. MBK Co's annualized ROC % for the quarter that ended in Apr. 2026 was 3.55%. MBK Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Apr. 2026 was 2.42%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. MBK Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Apr. 2026 was 1.18%.


MBK Co  (TSE:3121) EBIT Explanation

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

MBK 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 )
=506.664 * ( 1 - 5.4% )/( (13729.658 + 13279.864)/ 2 )
=479.304144/13504.761
=3.55 %

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))
=15440.046 - 0.003 - ( 1912.396 - max(0, 550.358 - 2260.743+1912.396))
=13729.658

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))
=14364.853 - 0.088 - ( 1084.901 - max(0, 456.671 - 1931.679+1084.901))
=13279.864

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:

MBK 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 )
=299.178/( ( (12732.587 + max(75.422, 0)) + (11744.156 + max(139.27, 0)) )/ 2 )
=299.178/( ( 12808.009 + 11883.426 )/ 2 )
=299.178/12345.7175
=2.42 %

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)
=(4.01 + 20.017 + 211.771) - (0.003 + 0 + 160.373)
=75.422

Working Capital(Q: Apr. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(4.42 + 20.017 + 196.052) - (0.088 + 0 + 81.131)
=139.27

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Apr. 2026 )
=188.158/16005.844
=1.18 %

* 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.


MBK Co EBIT Related Terms


MBK Co EBIT Historical Data

* Premium members only.

The historical data trend for MBK 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.

MBK Co EBIT Chart

MBK Co Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Oct24 Oct25
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 66.61 195.10 58.22 409.93 161.36

MBK Co Semi-Annual Data
Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 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 120.91 289.02 122.79 38.57 149.59

TSE:3121 vs BLK, BX, KKR: EBIT Comparison

For the Asset Management subindustry, MBK 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.


MBK Co EV-to-EBIT vs Asset Management Industry

For the Asset Management industry and Financial Services sector, MBK Co's EV-to-EBIT distribution charts can be found below:

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


TSE:3121
58GF Score
MBK Co Ltd TSE:3121
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

MBK 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188 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188 Mil mean?
MBK Co (TSE:3121) has a EBIT of 円188 Mil as of Apr. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on MBK Co.
Is MBK Co's EBIT too high?
MBK Co's current EBIT is 円188 Mil. Overall, MBK Co has a GF Score™ of 58/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does MBK Co's EBIT compare to BLK and BX?
MBK Co's EBIT of 円188 Mil can be compared against companies in the Asset Management 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 an Asset Management company?
A good EBIT depends on the Asset Management 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 MBK Co. MBK Co's current EBIT is 円188 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MBK Co stock overvalued right now?
Based on GuruFocus' analysis, MBK Co (TSE:3121) is currently considered Modestly Overvalued. The stock's GF Value™ is 円220.30, compared to a current price of 円253.00 — trading 14.8% above its estimated fair value. The current EBIT is 円188 Mil. MBK Co's overall GF Score™ is 58/100 with 10 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 MBK Co (TSE:3121), the current EBIT is 円188 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 MBK Co (TSE:3121) Overvalued in 2026?

Based on GuruFocus' analysis, MBK Co stock appears to be overvalued. The current stock price of 円253.00 is trading 14.8% above its estimated GF Value™ of 円220.30. GuruFocus considers MBK Co to be Modestly Overvalued.

Key valuation signals for TSE:3121:

  • EBIT: 円188 Mil
  • GF Value™: 円220.30 vs. price of 円253.00 (14.8% above fair value)
  • GF Score™: 58/100 with 10 warning signs

No single metric tells the full story. See the TSE:3121 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


MBK Co Business Description

Address 3-3-1 Nishiazabu, Minato-ku, Osaka, JPN, 106-0031
MBK Co Ltd provides investment advice to business and domestic companies to invest in real estate, fund management and advisory services, and operates hotels and sports facilities. The company's division includes the Merchant Banking Business and Operation Business. The company generates the majority of its revenue from the Merchant Banking Business.
58GF Score

Get the complete analysis for TSE:3121

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

円253.00
Price
円220.30
GF Value