TOCALO Co (TSE:3433) EBIT: 円14,787 Mil (TTM As of Mar. 2026)


TSE:3433 TOCALO Co Ltd TSE:3433
91 GF Score
Price 円3,280.00
GF Value 円2,212.31
Valuation Significantly Overvalued
! 6 Warning Signs
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What is TOCALO Co EBIT?

TOCALO Co TSE:3433 -1.65% 91 EBIT is 円14,787 Mil as of Mar. 2026. GuruFocus rates TSE:3433 with a GF Score™ of 91/100 and a GF Value™ of 円2,212.31 (Significantly Overvalued). The stock has 6 warning signs investors should review.

TOCALO Co's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was 円4,870 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was 円14,787 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. TOCALO Co's annualized ROC % for the quarter that ended in Mar. 2026 was 21.02%. TOCALO Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 33.50%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. TOCALO Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 7.63%.

TOCALO Co  (TSE:3433) EBIT Explanation

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

TOCALO 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 )
=18312 * ( 1 - 20.5% )/( (67222 + 71311)/ 2 )
=14558.04/69266.5
=21.02 %

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))
=87473 - 2137 - ( 18114 - max(0, 12946 - 42200+18114))
=67222

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))
=89291 - 3245 - ( 14735 - max(0, 10260 - 40875+14735))
=71311

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

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

TOCALO 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 )
=19480/( ( (40787 + max(13773, 0)) + (43686 + max(18052, 0)) )/ 2 )
=19480/( ( 54560 + 61738 )/ 2 )
=19480/58149
=33.50 %

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)
=(15825 + 7185 + 1076) - (2137 + 0 + 8176)
=13773

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(16858 + 7311 + 1971) - (3245 + 0 + 4843)
=18052

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=14787/193789.329
=7.63 %

* 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.

TOCALO Co EBIT Related Terms

TOCALO Co EBIT Historical Data

* Premium members only.

The historical data trend for TOCALO 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.

TOCALO Co EBIT Chart

TOCALO 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 10,456.00 10,994.00 9,658.00 12,212.00 14,787.00

TOCALO Co 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 3,445.00 4,074.00 2,704.00 3,139.00 4,870.00

TSE:3433 vs CTAS, CPRT, GPN: EBIT Comparison

For the Specialty Business Services subindustry, TOCALO 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.

TOCALO Co EV-to-EBIT vs Business Services Industry

For the Business Services industry and Industrials sector, TOCALO Co's EV-to-EBIT distribution charts can be found below:

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


TSE:3433
91GF Score
TOCALO Co Ltd TSE:3433
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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TOCALO 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14,787 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14,787 Mil mean?
TOCALO Co (TSE:3433) has a EBIT of 円14,787 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on TOCALO Co.
Is TOCALO Co's EBIT too high?
TOCALO Co's current EBIT is 円14,787 Mil. Overall, TOCALO Co has a GF Score™ of 91/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does TOCALO Co's EBIT compare to CTAS and CPRT?
TOCALO Co's EBIT of 円14,787 Mil can be compared against companies in the Business Services 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 Business Services company?
A good EBIT depends on the Business Services 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 TOCALO Co. TOCALO Co's current EBIT is 円14,787 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TOCALO Co stock overvalued right now?
Based on GuruFocus' analysis, TOCALO Co (TSE:3433) is currently considered Significantly Overvalued. The stock's GF Value™ is 円2,212.31, compared to a current price of 円3,280.00 — trading 48.3% above its estimated fair value. The current EBIT is 円14,787 Mil. TOCALO Co's overall GF Score™ is 91/100 with 6 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 TOCALO Co (TSE:3433), the current EBIT is 円14,787 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 TOCALO Co (TSE:3433) Overvalued in 2026?

Based on GuruFocus' analysis, TOCALO Co stock appears to be overvalued. The current stock price of 円3,280.00 is trading 48.3% above its estimated GF Value™ of 円2,212.31. GuruFocus considers TOCALO Co to be Significantly Overvalued.

Key valuation signals for TSE:3433:

  • EBIT: 円14,787 Mil
  • GF Value™: 円2,212.31 vs. price of 円3,280.00 (48.3% above fair value)
  • GF Score™: 91/100 with 6 warning signs

No single metric tells the full story. See the TSE:3433 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

TOCALO Co Business Description

Address 4-13-4, Fukaekita-Machi, Higashinada-Ku, Kobe, JPN, 658-0013
TOCALO Co Ltd develops surface modifying technologies in Japan and internationally. The company produces various functional coatings through thermal spraying technology, including vacuum plasma, atmospheric plasma, electric arc, and high-velocity oxy-fuel spraying, as well as powder, rod, and wire flame spraying processes. It also provides peripheral surface technologies, such as WIN KOTE, CDC-ZAC, and Lite Force coatings; and TD, PTA, and PVD processes.
91GF Score

Get the complete analysis for TSE:3433

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

円3,280.00
Price
円2,212.31
GF Value