Billing System (TSE:3623) EBIT: 円584 Mil (TTM As of Dec. 2025)

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TSE:3623 Billing System Corp TSE:3623
69 GF Score
Price 円1,024.00
GF Value 円1,338.16
Valuation Modestly Undervalued
! 3 Warning Signs
View Full Analysis

What is Billing System EBIT?

Billing System TSE:3623 -0.87% 69 EBIT is 円584 Mil as of Dec. 2025. GuruFocus rates TSE:3623 with a GF Score™ of 69/100 and a GF Value™ of 円1,338.16 (Modestly Undervalued). The stock has 3 warning signs investors should review.

Billing System's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2025 was 円0 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2025 was 円584 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Billing System's annualized ROC % for the quarter that ended in Dec. 2025 was 0.00%. Billing System's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 0.00%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Billing System's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was -2.34%.


Billing System  (TSE:3623) EBIT Explanation

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

Billing System's annualized ROC % for the quarter that ended in Dec. 2025 is calculated as:

ROC % (Q: Dec. 2025 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Sep. 2025 ) + Invested Capital (Q: Dec. 2025 ))/ count )
=0 * ( 1 - 0% )/( (25874.94 + 26766.69)/ 2 )
=0/26320.815
=0.00 %

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))
=28929.745 - 323.979 - ( 26799.449 - max(0, 25758.478 - 28489.304+26799.449))
=25874.94

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))
=30146.75 - 468.419 - ( 27819.879 - max(0, 26828.374 - 29740.015+27819.879))
=26766.69

Note: The Operating Income data used here is four times the quarterly (Dec. 2025) data.

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

Billing System's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 is calculated as:

ROC (Joel Greenblatt) %(Q: Dec. 2025 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Sep. 2025  Q: Dec. 2025
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=0/( ( (90.633 + max(-24068.623, 0)) + (87.098 + max(-24908.238, 0)) )/ 2 )
=0/( ( 90.633 + 87.098 )/ 2 )
=0/88.8655
=0.00 %

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)
=(443.473 + 87.449 + 1158.933) - (323.979 + 0 + 25434.499)
=-24068.623

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(536.765 + 99.592 + 1283.779) - (468.419 + 0 + 26359.955)
=-24908.238

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Dec. 2025) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

Billing System's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2025 )
=584.004/-24946.609
=-2.34 %

* 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.


Billing System EBIT Related Terms


Billing System EBIT Historical Data

* Premium members only.

The historical data trend for Billing System'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.

Billing System EBIT Chart

Billing System Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 349.48 481.86 464.67 628.22 608.29

Billing System Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 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 141.73 140.93 159.25 0.00 283.83

TSE:3623 vs MSFT, ORCL, PLTR: EBIT Comparison

For the Software - Infrastructure subindustry, Billing System'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.


Billing System EV-to-EBIT vs Software Industry

For the Software industry and Technology sector, Billing System's EV-to-EBIT distribution charts can be found below:

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


TSE:3623
69GF Score
Billing System Corp TSE:3623
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Billing System 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 Dec. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was 円584 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584 Mil mean?
Billing System (TSE:3623) has a EBIT of 円584 Mil as of Dec. 2025. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Billing System.
Is Billing System's EBIT too high?
Billing System's current EBIT is 円584 Mil. Overall, Billing System has a GF Score™ of 69/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Billing System's EBIT compare to MSFT and ORCL?
Billing System's EBIT of 円584 Mil can be compared against companies in the Software 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 Software company?
A good EBIT depends on the Software 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 Billing System. Billing System's current EBIT is 円584 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Billing System stock overvalued right now?
Based on GuruFocus' analysis, Billing System (TSE:3623) is currently considered Modestly Undervalued. The stock's GF Value™ is 円1,338.16, compared to a current price of 円1,024.00 — trading 23.5% below its estimated fair value. The current EBIT is 円584 Mil. Billing System's overall GF Score™ is 69/100 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 Billing System (TSE:3623), the current EBIT is 円584 Mil as of Dec. 2025. 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 Billing System (TSE:3623) Overvalued in 2026?

Based on GuruFocus' analysis, Billing System stock appears to be undervalued. The current stock price of 円1,024.00 is trading 23.5% below its estimated GF Value™ of 円1,338.16. GuruFocus considers Billing System to be Modestly Undervalued.

Key valuation signals for TSE:3623:

  • EBIT: 円584 Mil
  • GF Value™: 円1,338.16 vs. price of 円1,024.00 (23.5% below fair value)
  • GF Score™: 69/100 with 3 warning signs

No single metric tells the full story. See the TSE:3623 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Billing System Business Description

Address 1-2-2 Uchisaiwaicho, 13th Floor, Hibiya Daibiru, Chiyoda-ku, Tokyo, JPN, 100-0011
Billing System Corp offers a variety of payment services, including collection agency services, remittance support, smartphone payment service PayB, and more. It also support the introduction of in-store payments such as WeChat Pay, Alipay+, and PayPay, as well as the development and operation of WeChat mini-programs.
69GF Score

Get the complete analysis for TSE:3623

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

円1,024.00
Price
円1,338.16
GF Value