Lipps Co (TSE:373A) EBIT: 円832 Mil (TTM As of Feb. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

TSE:373A Lipps Co Ltd TSE:373A
20 GF Score
Price 円1,489.00
! 1 Warning Sign
View Full Analysis

What is Lipps Co EBIT?

Lipps Co TSE:373A -0.20% 20 EBIT is 円832 Mil as of Feb. 2026. GuruFocus rates TSE:373A with a GF Score™ of 20/100. The stock has 1 warning sign investors should review.

Lipps Co's earnings before interest and taxes (EBIT) for the six months ended in Feb. 2026 was 円355 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Feb. 2026 was 円832 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Lipps Co's annualized ROC % for the quarter that ended in Feb. 2026 was 41.58%. Lipps Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Feb. 2026 was 72.88%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Lipps Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Feb. 2026 was 78.57%.

Lipps Co  (TSE:373A) EBIT Explanation

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

Lipps Co'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: Aug. 2025 ) + Invested Capital (Q: Feb. 2026 ))/ count )
=709.1 * ( 1 - 31.84% )/( (1146.351 + 1178.26)/ 2 )
=483.32256/1162.3055
=41.58 %

where

Invested Capital(Q: Aug. 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))
=4073.825 - 274.898 - ( 2652.576 - max(0, 432.432 - 3943.738+2652.576))
=1146.351

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))
=4321.774 - 386.618 - ( 2756.896 - max(0, 437.211 - 4208.906+2756.896))
=1178.26

Note: The Operating Income data used here is two times the semi-annual (Feb. 2026) data.

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

Lipps Co'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: Aug. 2025  Q: Feb. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=709.1/( ( (37.516 + max(858.73, 0)) + (34.99 + max(1014.799, 0)) )/ 2 )
=709.1/( ( 896.246 + 1049.789 )/ 2 )
=709.1/973.0175
=72.88 %

where Working Capital is:

Working Capital(Q: Aug. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(614.696 + 598.534 + 77.932) - (274.898 + 0 + 157.534)
=858.73

Working Capital(Q: Feb. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(652.054 + 731.613 + 68.343) - (386.618 + 0 + 50.593)
=1014.799

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Feb. 2026) EBIT data.

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Feb. 2026 )
=832.146/1059.131
=78.57 %

* 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.

Lipps Co EBIT Related Terms

Lipps Co EBIT Historical Data

* Premium members only.

The historical data trend for Lipps 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.

Lipps Co EBIT Chart

Lipps Co Annual Data
Trend Aug23 Aug24 Aug25
EBIT
770.82 720.97 949.31

Lipps Co Semi-Annual Data
Aug23 Aug24 Feb25 Aug25 Feb26
EBIT 0.00 0.00 471.71 477.60 354.55

TSE:373A vs CASY, WSM, DKS: EBIT Comparison

For the Specialty Retail subindustry, Lipps 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.

Lipps Co EV-to-EBIT vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Lipps Co's EV-to-EBIT distribution charts can be found below:

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


TSE:373A
20GF Score
Lipps Co Ltd TSE:373A
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Lipps 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 Feb. 2026 adds up the semi-annually data reported by the company within the most recent 12 months, which was 円832 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832 Mil mean?
Lipps Co (TSE:373A) has a EBIT of 円832 Mil as of Feb. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Lipps Co.
Is Lipps Co's EBIT too high?
Lipps Co's current EBIT is 円832 Mil. Overall, Lipps Co has a GF Score™ of 20/100, reflecting its overall financial health beyond just this single metric.
How does Lipps Co's EBIT compare to CASY and WSM?
Lipps Co's EBIT of 円832 Mil can be compared against companies in the Retail - Cyclical 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 Retail - Cyclical company?
A good EBIT depends on the Retail - Cyclical 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 Lipps Co. Lipps Co's current EBIT is 円832 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lipps Co stock overvalued right now?
Lipps Co (TSE:373A) has a current EBIT of 円832 Mil. The current EBIT is 円832 Mil. Lipps Co's overall GF Score™ is 20/100 with 1 warning sign 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 Lipps Co (TSE:373A), the current EBIT is 円832 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.

Lipps Co Business Description

Address 3-1-30 Jingumae, Shibuya-ku, Tokyo, JPN, 150-0001
Lipps Co Ltd is engaged in Planning and sales of men's cosmetics (Product Business) and operation of hair salon franchises (Salon Franchise Business).
20GF Score

Get the complete analysis for TSE:373A

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

円1,489.00
Price