Nippon Felt Co (TSE:3512) EBIT: 円778 Mil (TTM As of Mar. 2026)

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TSE:3512 Nippon Felt Co Ltd TSE:3512
42 GF Score
Price 円1,006.00
GF Value 円461.62
Valuation Significantly Overvalued
! 6 Warning Signs
View Full Analysis

What is Nippon Felt Co EBIT?

Nippon Felt Co TSE:3512 +2.44% 42 EBIT is 円778 Mil as of Mar. 2026. GuruFocus rates TSE:3512 with a GF Score™ of 42/100 and a GF Value™ of 円461.62 (Significantly Overvalued). The stock has 6 warning signs investors should review.

Nippon Felt Co's earnings before interest and taxes (EBIT) for the six months ended in Mar. 2026 was 円367 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was 円778 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Nippon Felt Co's annualized ROC % for the quarter that ended in Mar. 2026 was 1.14%. Nippon Felt Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 6.54%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Nippon Felt Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 5.21%.

Nippon Felt Co  (TSE:3512) EBIT Explanation

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

Nippon Felt 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 )
=348.404 * ( 1 - 23.8% )/( (22068.064 + 24329.865)/ 2 )
=265.483848/23198.9645
=1.14 %

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))
=26437.566 - 626.974 - ( 3742.528 - max(0, 2510.243 - 10967.691+3742.528))
=22068.064

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))
=28052.98 - 514.715 - ( 3208.4 - max(0, 2319.149 - 10514.29+3208.4))
=24329.865

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:

Nippon Felt 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 )
=733.442/( ( (5612.559 + max(5514.92, 0)) + (5526.562 + max(5786.741, 0)) )/ 2 )
=733.442/( ( 11127.479 + 11313.303 )/ 2 )
=733.442/11220.391
=6.54 %

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)
=(3707.643 + 3419.167 + 98.353000000001) - (626.974 + 0 + 1083.269)
=5514.92

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(3537.404 + 3613.148 + 155.338) - (514.715 + 0 + 1004.434)
=5786.741

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=778.063/14931.008
=5.21 %

* 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.

Nippon Felt Co EBIT Related Terms

Nippon Felt Co EBIT Historical Data

* Premium members only.

The historical data trend for Nippon Felt 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.

Nippon Felt Co EBIT Chart

Nippon Felt 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 711.73 1,065.39 669.43 576.64 778.06

Nippon Felt 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 282.64 410.77 165.87 411.34 366.72

TSE:3512 vs HON, MMM: EBIT Comparison

For the Conglomerates subindustry, Nippon Felt 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.

Nippon Felt Co EV-to-EBIT vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, Nippon Felt Co's EV-to-EBIT distribution charts can be found below:

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


TSE:3512
42GF Score
Nippon Felt Co Ltd TSE:3512
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nippon Felt 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778 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778 Mil mean?
Nippon Felt Co (TSE:3512) has a EBIT of 円778 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Nippon Felt Co.
Is Nippon Felt Co's EBIT too high?
Nippon Felt Co's current EBIT is 円778 Mil. Overall, Nippon Felt Co has a GF Score™ of 42/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nippon Felt Co's EBIT compare to HON and MMM?
Nippon Felt Co's EBIT of 円778 Mil can be compared against companies in the Conglomerates 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 Conglomerates company?
A good EBIT depends on the Conglomerates 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 Nippon Felt Co. Nippon Felt Co's current EBIT is 円778 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nippon Felt Co stock overvalued right now?
Based on GuruFocus' analysis, Nippon Felt Co (TSE:3512) is currently considered Significantly Overvalued. The stock's GF Value™ is 円461.62, compared to a current price of 円1,006.00 — trading 117.9% above its estimated fair value. The current EBIT is 円778 Mil. Nippon Felt Co's overall GF Score™ is 42/100 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 Nippon Felt Co (TSE:3512), the current EBIT is 円778 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 Nippon Felt Co (TSE:3512) Overvalued in 2026?

Based on GuruFocus' analysis, Nippon Felt Co stock appears to be overvalued. The current stock price of 円1,006.00 is trading 117.9% above its estimated GF Value™ of 円461.62. GuruFocus considers Nippon Felt Co to be Significantly Overvalued.

Key valuation signals for TSE:3512:

  • EBIT: 円778 Mil
  • GF Value™: 円461.62 vs. price of 円1,006.00 (117.9% above fair value)
  • GF Score™: 42/100 with 6 warning signs

No single metric tells the full story. See the TSE:3512 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Nippon Felt Co Business Description

Address 1-7-1 Akabane Nishi, Kita-ku, Tokyo, JPN, 115-0055
Nippon Felt Co Ltd is a Japan-based company engages in producing, finishing, and selling felts for making paper, pulp, slate, and other industrial applications. It also involved in producing and selling various types of textile products and other industrial chemicals.
42GF Score

Get the complete analysis for TSE:3512

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

円1,006.00
Price
円461.62
GF Value