Central General Development Co (TSE:3238) EBIT: 円935 Mil (TTM As of Mar. 2026)


TSE:3238 Central General Development Co Ltd TSE:3238
48 GF Score
Price 円377.00
GF Value 円582.64
Valuation Possible Value Trap
! 8 Warning Signs
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What is Central General Development Co EBIT?

Central General Development Co TSE:3238 +0.27% 48 EBIT is 円935 Mil as of Mar. 2026. GuruFocus rates TSE:3238 with a GF Score™ of 48/100 and a GF Value™ of 円582.64 (Possible Value Trap). The stock has 8 warning signs investors should review.

Central General Development Co's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was 円2,037 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was 円935 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Central General Development Co's annualized ROC % for the quarter that ended in Mar. 2026 was 11.69%. Central General Development Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 19.52%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Central General Development Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 2.76%.


Central General Development Co  (TSE:3238) EBIT Explanation

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

Central General Development 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: Dec. 2025 ) + Invested Capital (Q: Mar. 2026 ))/ count )
=7957.784 * ( 1 - 32.68% )/( (47421.101 + 44210.223)/ 2 )
=5357.1801888/45815.662
=11.69 %

where

Invested Capital(Q: Dec. 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))
=49243.675 - 536.243 - ( 1286.331 - max(0, 24437.684 - 35722.035+1286.331))
=47421.101

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))
=46101.134 - 798.559 - ( 1092.352 - max(0, 21310.802 - 34505.451+1092.352))
=44210.223

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

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

Central General Development 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: Dec. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=8148.772/( ( (11849.765 + max(30932.09, 0)) + (10464.27 + max(30258.444, 0)) )/ 2 )
=8148.772/( ( 42781.855 + 40722.714 )/ 2 )
=8148.772/41752.2845
=19.52 %

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)
=(161.33 + 32888.942 + 1385.432) - (536.243 + 0 + 2967.371)
=30932.09

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(267.959 + 31933.542 + 1211.598) - (798.559 + 0 + 2356.096)
=30258.444

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=935.078/33849.204
=2.76 %

* 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.


Central General Development Co EBIT Related Terms


Central General Development Co EBIT Historical Data

* Premium members only.

The historical data trend for Central General Development 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.

Central General Development Co EBIT Chart

Central General Development 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 1,201.97 1,530.53 1,708.53 1,269.14 935.08

Central General Development Co Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Sep24 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 0.00 -320.21 -602.72 -179.18 2,037.19

TSE:3238 vs CBRE, BEKE, JLL: EBIT Comparison

For the Real Estate Services subindustry, Central General Development 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.


Central General Development Co EV-to-EBIT vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Central General Development Co's EV-to-EBIT distribution charts can be found below:

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


TSE:3238
48GF Score
Central General Development Co Ltd TSE:3238
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Central General Development 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 quarterly data reported by the company within the most recent 12 months, which was 円935 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935 Mil mean?
Central General Development Co (TSE:3238) has a EBIT of 円935 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Central General Development Co.
Is Central General Development Co's EBIT too high?
Central General Development Co's current EBIT is 円935 Mil. Overall, Central General Development Co has a GF Score™ of 48/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Central General Development Co's EBIT compare to CBRE and BEKE?
Central General Development Co's EBIT of 円935 Mil can be compared against companies in the Real Estate 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 Real Estate company?
A good EBIT depends on the Real Estate 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 Central General Development Co. Central General Development Co's current EBIT is 円935 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Central General Development Co stock overvalued right now?
Based on GuruFocus' analysis, Central General Development Co (TSE:3238) is currently considered Possible Value Trap. The stock's GF Value™ is 円582.64, compared to a current price of 円377.00 — trading 35.3% below its estimated fair value. The current EBIT is 円935 Mil. Central General Development Co's overall GF Score™ is 48/100 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 Central General Development Co (TSE:3238), the current EBIT is 円935 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 Central General Development Co (TSE:3238) Overvalued in 2026?

Based on GuruFocus' analysis, Central General Development Co stock appears to be undervalued. The current stock price of 円377.00 is trading 35.3% below its estimated GF Value™ of 円582.64. GuruFocus considers Central General Development Co to be Possible Value Trap.

Key valuation signals for TSE:3238:

  • EBIT: 円935 Mil
  • GF Value™: 円582.64 vs. price of 円377.00 (35.3% below fair value)
  • GF Score™: 48/100 with 8 warning signs

No single metric tells the full story. See the TSE:3238 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Central General Development Co Business Description

Address 3-3-7 Iidabashi, Chiyoda-ku, Tokyo, JPN
Central General Development Co Ltd is engaged in the real estate business in Japan. The company is involved in the management and operation of real estate-related businesses in Japan. It sells condominiums and provides after-sale services, such as inspection and repairs and leases buildings.
48GF Score

Get the complete analysis for TSE:3238

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

円377.00
Price
円582.64
GF Value