Eltes Co (TSE:3967) EBIT: 円146 Mil (TTM As of Feb. 2026)

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TSE:3967 Eltes Co Ltd TSE:3967
64 GF Score
Price 円580.00
GF Value 円973.97
Valuation Possible Value Trap
! 6 Warning Signs
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What is Eltes Co EBIT?

Eltes Co TSE:3967 -0.17% 64 EBIT is 円146 Mil as of Feb. 2026. GuruFocus rates TSE:3967 with a GF Score™ of 64/100 and a GF Value™ of 円973.97 (Possible Value Trap). The stock has 6 warning signs investors should review.

Eltes Co's earnings before interest and taxes (EBIT) for the six months ended in Feb. 2026 was 円67 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Feb. 2026 was 円146 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Eltes Co's annualized ROC % for the quarter that ended in Feb. 2026 was 0.00%. Eltes Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Feb. 2026 was 12.05%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Eltes Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Feb. 2026 was 3.06%.


Eltes Co  (TSE:3967) EBIT Explanation

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

Eltes 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 )
=677.978 * ( 1 - 100% )/( (5817.734 + 5436.997)/ 2 )
=0/5627.3655
=0.00 %

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))
=7301.463 - 580.931 - ( 2191.064 - max(0, 3144.886 - 4047.684+2191.064))
=5817.734

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))
=7133.433 - 737.325 - ( 1826.515 - max(0, 3372.969 - 4332.08+1826.515))
=5436.997

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:

Eltes 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 )
=133.628/( ( (241.749 + max(647.632, 0)) + (208.36 + max(1119.954, 0)) )/ 2 )
=133.628/( ( 889.381 + 1328.314 )/ 2 )
=133.628/1108.8475
=12.05 %

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)
=(1065.703 + 624.74 + 166.177) - (580.931 + 0 + 628.057)
=647.632

Working Capital(Q: Feb. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1534.501 + 799.979 + 171.085) - (737.325 + 0 + 648.286)
=1119.954

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Feb. 2026 )
=146.205/4772.428
=3.06 %

* 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.


Eltes Co EBIT Related Terms


Eltes Co EBIT Historical Data

* Premium members only.

The historical data trend for Eltes 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.

Eltes Co EBIT Chart

Eltes Co Annual Data
Trend Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24 Feb25 Feb26
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 155.57 147.82 109.49 -660.21 146.21

Eltes Co Semi-Annual Data
Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24 Aug24 Feb25 Aug25 Feb26
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 147.52 -56.28 -603.93 79.39 66.81

TSE:3967 vs UBER, SHOP, CRM: EBIT Comparison

For the Software - Application subindustry, Eltes 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.


Eltes Co EV-to-EBIT vs Software Industry

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

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


TSE:3967
64GF Score
Eltes Co Ltd TSE:3967
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Eltes 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146 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146 Mil mean?
Eltes Co (TSE:3967) has a EBIT of 円146 Mil as of Feb. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Eltes Co.
Is Eltes Co's EBIT too high?
Eltes Co's current EBIT is 円146 Mil. Overall, Eltes Co has a GF Score™ of 64/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Eltes Co's EBIT compare to UBER and SHOP?
Eltes Co's EBIT of 円146 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 Eltes Co. Eltes Co's current EBIT is 円146 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Eltes Co stock overvalued right now?
Based on GuruFocus' analysis, Eltes Co (TSE:3967) is currently considered Possible Value Trap. The stock's GF Value™ is 円973.97, compared to a current price of 円580.00 — trading 40.4% below its estimated fair value. The current EBIT is 円146 Mil. Eltes Co's overall GF Score™ is 64/100 with 6 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 Eltes Co (TSE:3967), the current EBIT is 円146 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 Eltes Co (TSE:3967) Overvalued in 2026?

Based on GuruFocus' analysis, Eltes Co stock appears to be undervalued. The current stock price of 円580.00 is trading 40.4% below its estimated GF Value™ of 円973.97. GuruFocus considers Eltes Co to be Possible Value Trap.

Key valuation signals for TSE:3967:

  • EBIT: 円146 Mil
  • GF Value™: 円973.97 vs. price of 円580.00 (40.4% below fair value)
  • GF Score™: 64/100 with 6 warning signs

No single metric tells the full story. See the TSE:3967 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Eltes Co Business Description

Address 2-3 Shiwa Chuo Ekimae, Shiwa-gun, Shiwa-cho, Iwate Prefecture, JPN, 100-6006
Eltes Co Ltd provides consultation services based on digital risk technology for database risk and other large storage protection in Japan. It also offers internal fraud detection services that enable the prevention of information security breaches caused by internal factors; and a service that includes detection and diagnosis of security breaches caused by external factors.
64GF Score

Get the complete analysis for TSE:3967

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

円580.00
Price
円973.97
GF Value