Keyware Solutions (TSE:3799) EBIT: 円1,199 Mil (TTM As of Mar. 2026)


TSE:3799 Keyware Solutions Inc TSE:3799
70 GF Score
Price 円1,048.00
GF Value 円847.86
Valuation Modestly Overvalued
! 1 Warning Sign
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What is Keyware Solutions EBIT?

Keyware Solutions TSE:3799 +0.19% 70 EBIT is 円1,199 Mil as of Mar. 2026. GuruFocus rates TSE:3799 with a GF Score™ of 70/100 and a GF Value™ of 円847.86 (Modestly Overvalued). The stock has 1 warning sign investors should review.

Keyware Solutions's earnings before interest and taxes (EBIT) for the six months ended in Mar. 2026 was 円899 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was 円1,199 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Keyware Solutions's annualized ROC % for the quarter that ended in Mar. 2026 was 16.19%. Keyware Solutions's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 67.47%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Keyware Solutions's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 22.23%.


Keyware Solutions  (TSE:3799) EBIT Explanation

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

Keyware Solutions'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 )
=1660.384 * ( 1 - 31.72% )/( (7063.436 + 6945.92)/ 2 )
=1133.7101952/7004.678
=16.19 %

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))
=10569.865 - 1049.448 - ( 2456.981 - max(0, 2953.298 - 8461.66+2456.981))
=7063.436

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))
=12012.239 - 1700.569 - ( 3365.75 - max(0, 3936.794 - 9863.192+3365.75))
=6945.92

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:

Keyware Solutions'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 )
=1797.49/( ( (374.013 + max(3051.381, 0)) + (325.076 + max(1577.938, 0)) )/ 2 )
=1797.49/( ( 3425.394 + 1903.014 )/ 2 )
=1797.49/2664.204
=67.47 %

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)
=(5267.23 + 114.803 + 622.646) - (1049.448 + 0 + 1903.85)
=3051.381

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(4846.507 + 100.473 + 567.752) - (1700.569 + 0 + 2236.225)
=1577.938

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:

Keyware Solutions's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=1199.489/5396.921
=22.23 %

* 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.


Keyware Solutions EBIT Related Terms


Keyware Solutions EBIT Historical Data

* Premium members only.

The historical data trend for Keyware Solutions'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.

Keyware Solutions EBIT Chart

Keyware Solutions 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 765.25 737.18 1,089.22 1,327.57 1,199.49

Keyware Solutions 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 755.96 47.38 1,280.19 300.74 898.75

TSE:3799 vs IBM, ACN, FISV: EBIT Comparison

For the Information Technology Services subindustry, Keyware Solutions'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.


Keyware Solutions EV-to-EBIT vs Software Industry

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

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


TSE:3799
70GF Score
Keyware Solutions Inc TSE:3799
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Keyware Solutions 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1,199 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1,199 Mil mean?
Keyware Solutions (TSE:3799) has a EBIT of 円1,199 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Keyware Solutions.
Is Keyware Solutions' EBIT too high?
Keyware Solutions' current EBIT is 円1,199 Mil. Overall, Keyware Solutions has a GF Score™ of 70/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Keyware Solutions' EBIT compare to IBM and ACN?
Keyware Solutions' EBIT of 円1,199 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 Keyware Solutions. Keyware Solutions's current EBIT is 円1,199 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Keyware Solutions stock overvalued right now?
Based on GuruFocus' analysis, Keyware Solutions (TSE:3799) is currently considered Modestly Overvalued. The stock's GF Value™ is 円847.86, compared to a current price of 円1,048.00 — trading 23.6% above its estimated fair value. The current EBIT is 円1,199 Mil. Keyware Solutions' overall GF Score™ is 70/100 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 Keyware Solutions (TSE:3799), the current EBIT is 円1,199 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 Keyware Solutions (TSE:3799) Overvalued in 2026?

Based on GuruFocus' analysis, Keyware Solutions stock appears to be overvalued. The current stock price of 円1,048.00 is trading 23.6% above its estimated GF Value™ of 円847.86. GuruFocus considers Keyware Solutions to be Modestly Overvalued.

Key valuation signals for TSE:3799:

  • EBIT: 円1,199 Mil
  • GF Value™: 円847.86 vs. price of 円1,048.00 (23.6% above fair value)
  • GF Score™: 70/100 with 1 warning sign

No single metric tells the full story. See the TSE:3799 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Keyware Solutions Business Description

Address Kamikitazawa 5-37-18, Setagaya-ku, Tokyo, JPN, 156-8588
Keyware Solutions Inc is a Japan-based Information Technology (IT) service management company. It operates in two divisions including system development business and Integrated IT service business. System development business is mainly engaged in the construction and development of applications and systems related to social infrastructure. Integrated IT service division offers packaged software, hardware and support services. The company mainly caters to financial, distribution, manufacturing, communication, transportation, reporting, medical, government agency, and service industries.
70GF Score

Get the complete analysis for TSE:3799

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

円1,048.00
Price
円847.86
GF Value