Medical Net (TSE:3645) EBIT: 円104 Mil (TTM As of Feb. 2026)

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TSE:3645 Medical Net Inc TSE:3645
61 GF Score
Price 円246.00
GF Value 円413.51
Valuation Significantly Undervalued
! 5 Warning Signs
View Full Analysis

What is Medical Net EBIT?

Medical Net TSE:3645 -3.15% 61 EBIT is 円104 Mil as of Feb. 2026. GuruFocus rates TSE:3645 with a GF Score™ of 61/100 and a GF Value™ of 円413.51 (Significantly Undervalued). The stock has 5 warning signs investors should review.

Medical Net's earnings before interest and taxes (EBIT) for the three months ended in Feb. 2026 was 円65 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Feb. 2026 was 円104 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Medical Net's annualized ROC % for the quarter that ended in Feb. 2026 was 2.59%. Medical Net's annualized ROC (Joel Greenblatt) % for the quarter that ended in Feb. 2026 was 52.38%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Medical Net's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Feb. 2026 was 5.74%.


Medical Net  (TSE:3645) EBIT Explanation

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

Medical Net's annualized ROC % for the quarter that ended in Feb. 2026 is calculated as:

ROC % (Q: Feb. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Nov. 2025 ) + Invested Capital (Q: Feb. 2026 ))/ count )
=108.412 * ( 1 - 35.88% )/( (2761.782 + 2605.716)/ 2 )
=69.5137744/2683.749
=2.59 %

where

Invested Capital(Q: Nov. 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))
=4560.017 - 552.151 - ( 1944.051 - max(0, 2195.648 - 3441.732+1944.051))
=2761.782

Invested Capital(Q: Feb. 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))
=4524.765 - 550.103 - ( 1976.837 - max(0, 2135.265 - 3504.211+1976.837))
=2605.716

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

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

Medical Net's annualized ROC (Joel Greenblatt) % for the quarter that ended in Feb. 2026 is calculated as:

ROC (Joel Greenblatt) %(Q: Feb. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Nov. 2025  Q: Feb. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=260.204/( ( (131.762 + max(321.361, 0)) + (128.831 + max(411.566, 0)) )/ 2 )
=260.204/( ( 453.123 + 540.397 )/ 2 )
=260.204/496.76
=52.38 %

where Working Capital is:

Working Capital(Q: Nov. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(970.723 + 266.77 + 260.188) - (552.151 + 0 + 624.169)
=321.361

Working Capital(Q: Feb. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(987.81 + 300.156 + 239.408) - (550.103 + 0 + 565.705)
=411.566

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Feb. 2026) EBIT data.

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

Medical Net's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Feb. 2026 )
=104.049/1812.827
=5.74 %

* 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.


Medical Net EBIT Related Terms


Medical Net EBIT Historical Data

* Premium members only.

The historical data trend for Medical Net'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.

Medical Net EBIT Chart

Medical Net Annual Data
Trend May17 May18 May19 May20 May21 May22 May23 May24 May25 May26
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 535.75 253.77 159.47 36.75 275.35

Medical Net Quarterly Data
Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Nov24 Feb25 May25 Nov25 Feb26 May26
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 -105.05 77.04 0.00 65.05 39.00

TSE:3645 vs GOOGL, META, SPOT: EBIT Comparison

For the Internet Content & Information subindustry, Medical Net'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.


Medical Net EV-to-EBIT vs Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Medical Net's EV-to-EBIT distribution charts can be found below:

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


TSE:3645
61GF Score
Medical Net Inc TSE:3645
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Medical Net 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 Feb. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was 円104 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104 Mil mean?
Medical Net (TSE:3645) has a EBIT of 円104 Mil as of Feb. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Medical Net.
Is Medical Net's EBIT too high?
Medical Net's current EBIT is 円104 Mil. Overall, Medical Net has a GF Score™ of 61/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Medical Net's EBIT compare to GOOGL and META?
Medical Net's EBIT of 円104 Mil can be compared against companies in the Interactive Media 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 an Interactive Media company?
A good EBIT depends on the Interactive Media 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 Medical Net. Medical Net's current EBIT is 円104 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Medical Net stock overvalued right now?
Based on GuruFocus' analysis, Medical Net (TSE:3645) is currently considered Significantly Undervalued. The stock's GF Value™ is 円413.51, compared to a current price of 円246.00 — trading 40.5% below its estimated fair value. The current EBIT is 円104 Mil. Medical Net's overall GF Score™ is 61/100 with 5 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 Medical Net (TSE:3645), the current EBIT is 円104 Mil as of Feb. 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 Medical Net (TSE:3645) Overvalued in 2026?

Based on GuruFocus' analysis, Medical Net stock appears to be undervalued. The current stock price of 円246.00 is trading 40.5% below its estimated GF Value™ of 円413.51. GuruFocus considers Medical Net to be Significantly Undervalued.

Key valuation signals for TSE:3645:

  • EBIT: 円104 Mil
  • GF Value™: 円413.51 vs. price of 円246.00 (40.5% below fair value)
  • GF Score™: 61/100 with 5 warning signs

No single metric tells the full story. See the TSE:3645 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Medical Net Business Description

Address 1-34-14 Hatagaya, 3rd Floor, Takara Building, Shibuya-ku, Tokyo, JPN, 151-0072
Medical Net Inc operates as a service-based holding company engaged in various healthcare-related businesses. It manages four main reporting segments: Media Platform, Medical Institution Management Support, Medical BtoB, and Cloud Integration. The Media Platform segment runs specialized portal websites focused on dentistry, beauty, and health. The Medical Institution Management Support segment offers SEO and listing advertisement services, website production and maintenance, and sales and operational support to dental clinics. The Medical BtoB segment manages member-based dental industry portals and provides research and marketing services. The Cloud Integration segment develops and maintains POS systems for retailers, manufacturers, and hospitals, primarily in Thailand.
61GF Score

Get the complete analysis for TSE:3645

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

円246.00
Price
円413.51
GF Value