DREAM VISION Co (TSE:3185) EBIT: 円-365 Mil (TTM As of Mar. 2026)


TSE:3185 DREAM VISION Co Ltd TSE:3185
44 GF Score
Price 円145.00
GF Value 円89.79
Valuation Significantly Overvalued
! 3 Warning Signs
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What is DREAM VISION Co EBIT?

DREAM VISION Co TSE:3185 -3.33% 44 EBIT is 円-365 Mil as of Mar. 2026. GuruFocus rates TSE:3185 with a GF Score™ of 44/100 and a GF Value™ of 円89.79 (Significantly Overvalued). The stock has 3 warning signs investors should review.

DREAM VISION Co's earnings before interest and taxes (EBIT) for the six months ended in Mar. 2026 was 円-229 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was 円-365 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. DREAM VISION Co's annualized ROC % for the quarter that ended in Mar. 2026 was -28.56%. DREAM VISION Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was -67.00%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. DREAM VISION Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was -10.93%.


DREAM VISION Co  (TSE:3185) EBIT Explanation

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

DREAM VISION 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 )
=-475.244 * ( 1 - 3.11% )/( (1674.777 + 1549.207)/ 2 )
=-460.4639116/1611.992
=-28.56 %

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))
=2338.408 - 294.527 - ( 609.64 - max(0, 1763.249 - 2132.353+609.64))
=1674.777

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))
=1925.536 - 231.312 - ( 629.158 - max(0, 1625.143 - 1770.16+629.158))
=1549.207

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:

DREAM VISION 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 )
=-457.584/( ( (104.995 + max(733.051, 0)) + (54.29 + max(473.499, 0)) )/ 2 )
=-457.584/( ( 838.046 + 527.789 )/ 2 )
=-457.584/682.9175
=-67.00 %

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)
=(336.929 + 941.821 + 43.963) - (294.527 + 0 + 295.135)
=733.051

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(245.631 + 660.262 + 35.109) - (231.312 + 0 + 236.191)
=473.499

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=-365.376/3342.648
=-10.93 %

* 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.


DREAM VISION Co EBIT Related Terms


DREAM VISION Co EBIT Historical Data

* Premium members only.

The historical data trend for DREAM VISION 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.

DREAM VISION Co EBIT Chart

DREAM VISION 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 26.72 -65.58 -275.87 -261.45 -365.38

DREAM VISION 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 -52.74 -202.58 -58.87 -136.58 -228.79

TSE:3185 vs AMZN, BABA, PDD: EBIT Comparison

For the Internet Retail subindustry, DREAM VISION 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.


DREAM VISION Co EV-to-EBIT vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, DREAM VISION Co's EV-to-EBIT distribution charts can be found below:

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


TSE:3185
44GF Score
DREAM VISION Co Ltd TSE:3185
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

DREAM VISION 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-365 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-365 Mil mean?
DREAM VISION Co (TSE:3185) has a EBIT of 円-365 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on DREAM VISION Co.
Is DREAM VISION Co's EBIT too high?
DREAM VISION Co's current EBIT is 円-365 Mil. Overall, DREAM VISION Co has a GF Score™ of 44/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does DREAM VISION Co's EBIT compare to AMZN and BABA?
DREAM VISION Co's EBIT of 円-365 Mil can be compared against companies in the Retail - Cyclical 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 Retail - Cyclical company?
A good EBIT depends on the Retail - Cyclical 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 DREAM VISION Co. DREAM VISION Co's current EBIT is 円-365 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is DREAM VISION Co stock overvalued right now?
Based on GuruFocus' analysis, DREAM VISION Co (TSE:3185) is currently considered Significantly Overvalued. The stock's GF Value™ is 円89.79, compared to a current price of 円145.00 — trading 61.5% above its estimated fair value. The current EBIT is 円-365 Mil. DREAM VISION Co's overall GF Score™ is 44/100 with 3 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 DREAM VISION Co (TSE:3185), the current EBIT is 円-365 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 DREAM VISION Co (TSE:3185) Overvalued in 2026?

Based on GuruFocus' analysis, DREAM VISION Co stock appears to be overvalued. The current stock price of 円145.00 is trading 61.5% above its estimated GF Value™ of 円89.79. GuruFocus considers DREAM VISION Co to be Significantly Overvalued.

Key valuation signals for TSE:3185:

  • EBIT: 円-365 Mil
  • GF Value™: 円89.79 vs. price of 円145.00 (61.5% above fair value)
  • GF Score™: 44/100 with 3 warning signs

No single metric tells the full story. See the TSE:3185 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


DREAM VISION Co Business Description

Address 2-1 Ishibashi 3-chome, Osaka Prefecture, Ikeda, JPN, 563-0032
DREAM VISION Co Ltd operates online shopping sites for clothing, shoes, and miscellaneous goods. The company is also involved in the toy business. It operates in three segments: apparel, jewelry, and toy businesses. The apparel segment handles planning and sales of fashion and miscellaneous goods via e-commerce platforms, primarily targeting young women, along with direct store sales focusing on brands like Plaza. The jewelry segment centers on planning and selling fashionable accessories, particularly for women, distributed through specialty stores and e-commerce. The toy segment involves planning, manufacturing, and selling toys, with production outsourced mainly to China.
44GF Score

Get the complete analysis for TSE:3185

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

円145.00
Price
円89.79
GF Value