FFRI Security (TSE:3692) EBIT: 円1,459 Mil (TTM As of Mar. 2026)

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TSE:3692 FFRI Security Inc TSE:3692
86 GF Score
Price 円5,360.00
GF Value 円4,388.19
Valuation Modestly Overvalued
! 2 Warning Signs
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What is FFRI Security EBIT?

FFRI Security TSE:3692 +1.71% 86 EBIT is 円1,459 Mil as of Mar. 2026. GuruFocus rates TSE:3692 with a GF Score™ of 86/100 and a GF Value™ of 円4,388.19 (Modestly Overvalued). The stock has 2 warning signs investors should review.

FFRI Security's earnings before interest and taxes (EBIT) for the six months ended in Mar. 2026 was 円884 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was 円1,459 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. FFRI Security's annualized ROC % for the quarter that ended in Mar. 2026 was 46.01%. FFRI Security's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 2,061.55%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. FFRI Security's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 3.73%.


FFRI Security  (TSE:3692) EBIT Explanation

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

FFRI Security'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 )
=1630.94 * ( 1 - 25.55% )/( (2872.917 + 2405.083)/ 2 )
=1214.23483/2639
=46.01 %

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))
=5162.171 - 261.617 - ( 3411.129 - max(0, 2016.938 - 4044.575+3411.129))
=2872.917

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))
=5879.282 - 840.963 - ( 3334.197 - max(0, 2072.943 - 4706.179+3334.197))
=2405.083

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:

FFRI Security'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 )
=1768.132/( ( (86.563 + max(-1382.069, 0)) + (84.971 + max(-733.728, 0)) )/ 2 )
=1768.132/( ( 86.563 + 84.971 )/ 2 )
=1768.132/85.767
=2,061.55 %

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)
=(520.887 + 1.695 + 110.864) - (261.617 + 0 + 1753.898)
=-1382.069

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1254.544 + 0.666 + 82.548) - (840.963 + 0 + 1230.523)
=-733.728

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:

FFRI Security's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=1459.112/39069.873
=3.73 %

* 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.


FFRI Security EBIT Related Terms


FFRI Security EBIT Historical Data

* Premium members only.

The historical data trend for FFRI Security'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.

FFRI Security EBIT Chart

FFRI Security 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 156.27 202.96 540.93 880.79 1,459.11

FFRI Security 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 488.04 -28.86 909.65 575.05 884.07

TSE:3692 vs UBER, SHOP, CRM: EBIT Comparison

For the Software - Application subindustry, FFRI Security'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.


FFRI Security EV-to-EBIT vs Software Industry

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

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


TSE:3692
86GF Score
FFRI Security Inc TSE:3692
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

FFRI Security 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1,459 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1,459 Mil mean?
FFRI Security (TSE:3692) has a EBIT of 円1,459 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on FFRI Security.
Is FFRI Security's EBIT too high?
FFRI Security's current EBIT is 円1,459 Mil. Overall, FFRI Security has a GF Score™ of 86/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does FFRI Security's EBIT compare to UBER and SHOP?
FFRI Security's EBIT of 円1,459 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 FFRI Security. FFRI Security's current EBIT is 円1,459 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is FFRI Security stock overvalued right now?
Based on GuruFocus' analysis, FFRI Security (TSE:3692) is currently considered Modestly Overvalued. The stock's GF Value™ is 円4,388.19, compared to a current price of 円5,360.00 — trading 22.1% above its estimated fair value. The current EBIT is 円1,459 Mil. FFRI Security's overall GF Score™ is 86/100 with 2 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 FFRI Security (TSE:3692), the current EBIT is 円1,459 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 FFRI Security (TSE:3692) Overvalued in 2026?

Based on GuruFocus' analysis, FFRI Security stock appears to be overvalued. The current stock price of 円5,360.00 is trading 22.1% above its estimated GF Value™ of 円4,388.19. GuruFocus considers FFRI Security to be Modestly Overvalued.

Key valuation signals for TSE:3692:

  • EBIT: 円1,459 Mil
  • GF Value™: 円4,388.19 vs. price of 円5,360.00 (22.1% above fair value)
  • GF Score™: 86/100 with 2 warning signs

No single metric tells the full story. See the TSE:3692 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


FFRI Security Business Description

Address 3-3-1, Marunouchi, 2nd Floor, Shin-Tokyo Building, Chiyoda-ku, Tokyo, JPN, 100-0005
FFRI Security Inc is engaged in providing computer security research, consulting, information provision, education, network system research, computer software and computer program planning, development, sales, leasing, maintenance, management, operation, and the acquisition, transfer, lending, and management of related property right such as copyrights, patent rights, utility model rights, trademark rights, and design rights.
86GF Score

Get the complete analysis for TSE:3692

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

円5,360.00
Price
円4,388.19
GF Value