Air Water (TSE:4088) EBIT: 円47,009 Mil (TTM As of Sep. 2025)


TSE:4088 Air Water Inc TSE:4088
83 GF Score
Price 円2,778.00
GF Value 円2,209.90
Valuation Modestly Overvalued
! 14 Warning Signs
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What is Air Water EBIT?

Air Water TSE:4088 -2.87% 83 EBIT is 円47,009 Mil as of Sep. 2025. GuruFocus rates TSE:4088 with a GF Score™ of 83/100 and a GF Value™ of 円2,209.90 (Modestly Overvalued). The stock has 14 warning signs investors should review.

Air Water's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2025 was 円-20,803 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2025 was 円47,009 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Air Water's annualized ROC % for the quarter that ended in Sep. 2025 was -9.17%. Air Water's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2025 was -12.38%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Air Water's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2025 was 4.68%.

Air Water  (TSE:4088) EBIT Explanation

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

Air Water's annualized ROC % for the quarter that ended in Sep. 2025 is calculated as:

ROC % (Q: Sep. 2025 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jun. 2025 ) + Invested Capital (Q: Sep. 2025 ))/ count )
=-93296 * ( 1 - 5.2% )/( (994861 + 935064)/ 2 )
=-88444.608/964962.5
=-9.17 %

where

Invested Capital(Q: Jun. 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))
=1220724 - 154472 - ( 71391 - max(0, 310777 - 430423+71391))
=994861

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))
=1153403 - 147294 - ( 71045 - max(0, 297446 - 411528+71045))
=935064

Note: The Operating Income data used here is four times the quarterly (Sep. 2025) data.

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

Air Water's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2025 is calculated as:

ROC (Joel Greenblatt) %(Q: Sep. 2025 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2025  Q: Sep. 2025
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-83212/( ( (526104 + max(158993, 0)) + (515909 + max(143502, 0)) )/ 2 )
=-83212/( ( 685097 + 659411 )/ 2 )
=-83212/672254
=-12.38 %

where Working Capital is:

Working Capital(Q: Jun. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(216918 + 105161 + 36953) - (154472 + 0 + 45567)
=158993

Working Capital(Q: Sep. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(201259 + 103351 + 35873) - (147294 + 0 + 49687)
=143502

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Sep. 2025) EBIT data.

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

Air Water's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2025 )
=47009/1003977.843
=4.68 %

* 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.

Air Water EBIT Related Terms

Air Water EBIT Historical Data

* Premium members only.

The historical data trend for Air Water'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.

Air Water EBIT Chart

Air Water Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 52,358.00 66,544.00 64,231.00 71,150.00 79,329.00

Air Water Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25
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 14,281.00 26,908.00 22,609.00 18,295.00 -20,803.00

TSE:4088 vs LIN, SHW, ECL: EBIT Comparison

For the Specialty Chemicals subindustry, Air Water'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.

Air Water EV-to-EBIT vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Air Water's EV-to-EBIT distribution charts can be found below:

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


TSE:4088
83GF Score
Air Water Inc TSE:4088
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Air Water 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 Sep. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was 円47,009 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47,009 Mil mean?
Air Water (TSE:4088) has a EBIT of 円47,009 Mil as of Sep. 2025. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Air Water.
Is Air Water's EBIT too high?
Air Water's current EBIT is 円47,009 Mil. Overall, Air Water has a GF Score™ of 83/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Air Water's EBIT compare to LIN and SHW?
Air Water's EBIT of 円47,009 Mil can be compared against companies in the Chemicals 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 Chemicals company?
A good EBIT depends on the Chemicals 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 Air Water. Air Water's current EBIT is 円47,009 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Air Water stock overvalued right now?
Based on GuruFocus' analysis, Air Water (TSE:4088) is currently considered Modestly Overvalued. The stock's GF Value™ is 円2,209.90, compared to a current price of 円2,778.00 — trading 25.7% above its estimated fair value. The current EBIT is 円47,009 Mil. Air Water's overall GF Score™ is 83/100 with 14 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 Air Water (TSE:4088), the current EBIT is 円47,009 Mil as of Sep. 2025. 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 Air Water (TSE:4088) Overvalued in 2026?

Based on GuruFocus' analysis, Air Water stock appears to be overvalued. The current stock price of 円2,778.00 is trading 25.7% above its estimated GF Value™ of 円2,209.90. GuruFocus considers Air Water to be Modestly Overvalued.

Key valuation signals for TSE:4088:

  • EBIT: 円47,009 Mil
  • GF Value™: 円2,209.90 vs. price of 円2,778.00 (25.7% above fair value)
  • GF Score™: 83/100 with 14 warning signs

No single metric tells the full story. See the TSE:4088 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Air Water Business Description

Other Exchanges AWTRF:USA0AW:Germany
Address 2-12-8 Minamisenba, Chuo-ku, Osaka, JPN, 542-0081
Air Water Inc is a diversified conglomerate engaged in the supply of industrial gases and various other businesses and services. The company operates through five segments. The Agri & Foods segment covers the processing and distribution of fruits and vegetables, frozen foods, meat products, and contract manufacturing of beverages. The Digital & Industry segment focuses on industrial gases, electrical, and functional materials. The Energy Solutions segment deals with LP gas, kerosene, and related equipment. The Health & Safety segment provides medical gases, dental and protective materials, hospital equipment, and home medical care services. The Other Businesses segment includes logistics, salt production, overseas industrial gas operations, biomass power, and high-output UPS solutions.
83GF Score

Get the complete analysis for TSE:4088

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

円2,778.00
Price
円2,209.90
GF Value