Meiji Electric Industries Co (TSE:3388) EBIT: 円4,083 Mil (TTM As of Mar. 2026)

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TSE:3388 Meiji Electric Industries Co Ltd TSE:3388
69 GF Score
Price 円2,224.00
GF Value 円1,592.09
Valuation Significantly Overvalued
! 1 Warning Sign
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What is Meiji Electric Industries Co EBIT?

Meiji Electric Industries Co TSE:3388 +0.86% 69 EBIT is 円4,083 Mil as of Mar. 2026. GuruFocus rates TSE:3388 with a GF Score™ of 69/100 and a GF Value™ of 円1,592.09 (Significantly Overvalued). The stock has 1 warning sign investors should review.

Meiji Electric Industries Co's earnings before interest and taxes (EBIT) for the six months ended in Mar. 2026 was 円2,253 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was 円4,083 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Meiji Electric Industries Co's annualized ROC % for the quarter that ended in Mar. 2026 was 8.53%. Meiji Electric Industries Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 26.05%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Meiji Electric Industries Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 22.14%.


Meiji Electric Industries Co  (TSE:3388) EBIT Explanation

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

Meiji Electric Industries 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 )
=4048.654 * ( 1 - 30.86% )/( (32586.93 + 33032.43)/ 2 )
=2799.2393756/32809.68
=8.53 %

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))
=52712.334 - 7406.886 - ( 12718.518 - max(0, 15515.049 - 41333.921+12718.518))
=32586.93

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))
=57099.476 - 9287.082 - ( 14779.964 - max(0, 17064.598 - 44025.882+14779.964))
=33032.43

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:

Meiji Electric Industries 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 )
=4505.916/( ( (4573.003 + max(13100.354, 0)) + (4741.784 + max(12181.32, 0)) )/ 2 )
=4505.916/( ( 17673.357 + 16923.104 )/ 2 )
=4505.916/17298.2305
=26.05 %

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)
=(15126.216 + 5830.076 + 7659.111) - (7406.886 + 0 + 8108.163)
=13100.354

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(17080.558 + 4985.141 + 7180.219) - (9287.082 + 0 + 7777.516)
=12181.32

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=4083.441/18441.198
=22.14 %

* 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.


Meiji Electric Industries Co EBIT Related Terms


Meiji Electric Industries Co EBIT Historical Data

* Premium members only.

The historical data trend for Meiji Electric Industries 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.

Meiji Electric Industries Co EBIT Chart

Meiji Electric Industries 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 2,530.35 3,136.56 3,499.73 3,608.85 4,083.44

Meiji Electric Industries 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 2,126.87 933.58 2,675.27 1,830.48 2,252.96

TSE:3388 vs COHR, KEYS, GRMN: EBIT Comparison

For the Scientific & Technical Instruments subindustry, Meiji Electric Industries 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.


Meiji Electric Industries Co EV-to-EBIT vs Hardware Industry

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

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


TSE:3388
69GF Score
Meiji Electric Industries Co Ltd TSE:3388
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Meiji Electric Industries 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4,083 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4,083 Mil mean?
Meiji Electric Industries Co (TSE:3388) has a EBIT of 円4,083 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Meiji Electric Industries Co.
Is Meiji Electric Industries Co's EBIT too high?
Meiji Electric Industries Co's current EBIT is 円4,083 Mil. Overall, Meiji Electric Industries Co has a GF Score™ of 69/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Meiji Electric Industries Co's EBIT compare to COHR and KEYS?
Meiji Electric Industries Co's EBIT of 円4,083 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 Meiji Electric Industries Co. Meiji Electric Industries Co's current EBIT is 円4,083 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Meiji Electric Industries Co stock overvalued right now?
Based on GuruFocus' analysis, Meiji Electric Industries Co (TSE:3388) is currently considered Significantly Overvalued. The stock's GF Value™ is 円1,592.09, compared to a current price of 円2,224.00 — trading 39.7% above its estimated fair value. The current EBIT is 円4,083 Mil. Meiji Electric Industries Co's overall GF Score™ is 69/100 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 Meiji Electric Industries Co (TSE:3388), the current EBIT is 円4,083 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 Meiji Electric Industries Co (TSE:3388) Overvalued in 2026?

Based on GuruFocus' analysis, Meiji Electric Industries Co stock appears to be overvalued. The current stock price of 円2,224.00 is trading 39.7% above its estimated GF Value™ of 円1,592.09. GuruFocus considers Meiji Electric Industries Co to be Significantly Overvalued.

Key valuation signals for TSE:3388:

  • EBIT: 円4,083 Mil
  • GF Value™: 円1,592.09 vs. price of 円2,224.00 (39.7% above fair value)
  • GF Score™: 69/100 with 1 warning sign

No single metric tells the full story. See the TSE:3388 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Meiji Electric Industries Co Business Description

Address 2-13-8 Kamejima, Nakamura-ku, Aichi, Nagoya, JPN
Meiji Electric Industries Co Ltd is a distributor of factory automation components. It also sells functional parts for electric equipment and automatic power saving electrical appliances and instruments.
69GF Score

Get the complete analysis for TSE:3388

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

円2,224.00
Price
円1,592.09
GF Value