Macnica Holdings (TSE:3132) EBIT: 円41,034 Mil (TTM As of Mar. 2026)


TSE:3132 Macnica Holdings Inc TSE:3132
90 GF Score
Price 円3,184.00
GF Value 円2,537.08
Valuation Modestly Overvalued
! 8 Warning Signs
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What is Macnica Holdings EBIT?

Macnica Holdings TSE:3132 -4.36% 90 EBIT is 円41,034 Mil as of Mar. 2026. GuruFocus rates TSE:3132 with a GF Score™ of 90/100 and a GF Value™ of 円2,537.08 (Modestly Overvalued). The stock has 8 warning signs investors should review.

Macnica Holdings's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was 円14,552 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was 円41,034 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Macnica Holdings's annualized ROC % for the quarter that ended in Mar. 2026 was 9.59%. Macnica Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 20.40%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Macnica Holdings's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 6.82%.


Macnica Holdings  (TSE:3132) EBIT Explanation

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

Macnica Holdings'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: Dec. 2025 ) + Invested Capital (Q: Mar. 2026 ))/ count )
=54728 * ( 1 - 27.48% )/( (411458 + 416059)/ 2 )
=39688.7456/413758.5
=9.59 %

where

Note: The Operating Income data used here is four times the quarterly (Mar. 2026) data.

2. Joel Greenblatt's definition of Return on Capital:

Macnica Holdings'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: Dec. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=58208/( ( (10301 + max(270976, 0)) + (9474 + max(279986, 0)) )/ 2 )
=58208/( ( 281277 + 289460 )/ 2 )
=58208/285368.5
=20.40 %

where Working Capital is:

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(258091 + 239726 + 72747) - (192507 + 0 + 107081)
=270976

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(268253 + 263912 + 80908) - (230440 + 0 + 102647)
=279986

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

Macnica Holdings's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=41034/601830.773
=6.82 %

* 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.


Macnica Holdings EBIT Related Terms


Macnica Holdings EBIT Historical Data

* Premium members only.

The historical data trend for Macnica Holdings'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.

Macnica Holdings EBIT Chart

Macnica Holdings 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 37,414.00 60,049.00 68,153.00 39,389.00 41,034.00

Macnica Holdings Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 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 5,842.00 5,712.00 10,080.00 10,690.00 14,552.00

TSE:3132 vs SNX, ARW, AVT: EBIT Comparison

For the Electronics & Computer Distribution subindustry, Macnica Holdings'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.


Macnica Holdings EV-to-EBIT vs Hardware Industry

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

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


TSE:3132
90GF Score
Macnica Holdings Inc TSE:3132
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Macnica Holdings 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 quarterly data reported by the company within the most recent 12 months, which was 円41,034 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41,034 Mil mean?
Macnica Holdings (TSE:3132) has a EBIT of 円41,034 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Macnica Holdings.
Is Macnica Holdings' EBIT too high?
Macnica Holdings' current EBIT is 円41,034 Mil. Overall, Macnica Holdings has a GF Score™ of 90/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Macnica Holdings' EBIT compare to SNX and ARW?
Macnica Holdings' EBIT of 円41,034 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 Macnica Holdings. Macnica Holdings's current EBIT is 円41,034 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Macnica Holdings stock overvalued right now?
Based on GuruFocus' analysis, Macnica Holdings (TSE:3132) is currently considered Modestly Overvalued. The stock's GF Value™ is 円2,537.08, compared to a current price of 円3,184.00 — trading 25.5% above its estimated fair value. The current EBIT is 円41,034 Mil. Macnica Holdings' overall GF Score™ is 90/100 with 8 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 Macnica Holdings (TSE:3132), the current EBIT is 円41,034 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 Macnica Holdings (TSE:3132) Overvalued in 2026?

Based on GuruFocus' analysis, Macnica Holdings stock appears to be overvalued. The current stock price of 円3,184.00 is trading 25.5% above its estimated GF Value™ of 円2,537.08. GuruFocus considers Macnica Holdings to be Modestly Overvalued.

Key valuation signals for TSE:3132:

  • EBIT: 円41,034 Mil
  • GF Value™: 円2,537.08 vs. price of 円3,184.00 (25.5% above fair value)
  • GF Score™: 90/100 with 8 warning signs

No single metric tells the full story. See the TSE:3132 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Macnica Holdings Business Description

Address 1-6-3 Shin-Yokohama, Macnica Building 1, Kohoku-ku, Yokohama, JPN, 222-8561
Macnica Holdings Inc is an independent electronics distribution company in Japan. The company imports, exports, and distributes electronic components such as semiconductor devices and Integrated Circuit (IC), and business accompanying or pertaining to such activities. Its business segments are the Integrated Circuit, Electronic Devices, and Other Business, and the Network Business. The IC, Electronic Devices, and Other Business handles the sales of products such as ICs and electronic devices, and the Network Business is responsible for the sales of network-related hardware, software, and services.
90GF Score

Get the complete analysis for TSE:3132

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

円3,184.00
Price
円2,537.08
GF Value