SpiderPlus (TSE:4192) EBIT: 円-11 Mil (TTM As of Dec. 2025)

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TSE:4192 SpiderPlus & Co TSE:4192
57 GF Score
Price 円284.00
GF Value 円692.89
Valuation Significantly Undervalued
! 1 Warning Sign
View Full Analysis

What is SpiderPlus EBIT?

SpiderPlus TSE:4192 +1.43% 57 EBIT is 円-11 Mil as of Dec. 2025. GuruFocus rates TSE:4192 with a GF Score™ of 57/100 and a GF Value™ of 円692.89 (Significantly Undervalued). The stock has 1 warning sign investors should review.

SpiderPlus's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2025 was 円0 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2025 was 円-11 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. SpiderPlus's annualized ROC % for the quarter that ended in Dec. 2025 was 0.00%. SpiderPlus's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 0.00%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. SpiderPlus's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was -0.13%.

SpiderPlus  (TSE:4192) EBIT Explanation

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

SpiderPlus's annualized ROC % for the quarter that ended in Dec. 2025 is calculated as:

ROC % (Q: Dec. 2025 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jun. 2025 ) + Invested Capital (Q: Dec. 2025 ))/ count )
=0 * ( 1 - 0% )/( (1779.145 + 1932.058)/ 2 )
=0/1855.6015
=0.00 %

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))
=4108.922 - 190.94 - ( 2644.1 - max(0, 1220.369 - 3359.206+2644.1))
=1779.145

Invested Capital(Q: Dec. 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))
=4162.353 - 281.301 - ( 2477.419 - max(0, 1308.048 - 3257.042+2477.419))
=1932.058

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

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

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

ROC (Joel Greenblatt) %(Q: Dec. 2025 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2025  Q: Dec. 2025
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=0/( ( (212.839 + max(187.808, 0)) + (433.659 + max(124.995, 0)) )/ 2 )
=0/( ( 400.647 + 558.654 )/ 2 )
=0/479.6505
=0.00 %

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)
=(603.461 + 1.995 + 109.65) - (190.94 + 0 + 336.358)
=187.808

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(665.686 + 0 + 113.937) - (281.301 + 0 + 373.327)
=124.995

When net working capital is negative, 0 is used.

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

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2025 )
=-10.877/8529.280
=-0.13 %

* 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.

SpiderPlus EBIT Related Terms

SpiderPlus EBIT Historical Data

* Premium members only.

The historical data trend for SpiderPlus'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.

SpiderPlus EBIT Chart

SpiderPlus Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EBIT
Get a 7-Day Free Trial -499.90 -1,023.61 -444.21 -749.64 -29.13

SpiderPlus Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Dec24 Mar25 Jun25 Dec25 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 0.00 -8.74 -19.03 0.00 8.15

TSE:4192 vs UBER, SHOP, CRM: EBIT Comparison

For the Software - Application subindustry, SpiderPlus'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.

SpiderPlus EV-to-EBIT vs Software Industry

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

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


TSE:4192
57GF Score
SpiderPlus & Co TSE:4192
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

SpiderPlus 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 Dec. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was 円-11 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-11 Mil mean?
SpiderPlus (TSE:4192) has a EBIT of 円-11 Mil as of Dec. 2025. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on SpiderPlus.
Is SpiderPlus' EBIT too high?
SpiderPlus' current EBIT is 円-11 Mil. Overall, SpiderPlus has a GF Score™ of 57/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does SpiderPlus' EBIT compare to UBER and SHOP?
SpiderPlus' EBIT of 円-11 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 SpiderPlus. SpiderPlus's current EBIT is 円-11 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SpiderPlus stock overvalued right now?
Based on GuruFocus' analysis, SpiderPlus (TSE:4192) is currently considered Significantly Undervalued. The stock's GF Value™ is 円692.89, compared to a current price of 円284.00 — trading 59% below its estimated fair value. The current EBIT is 円-11 Mil. SpiderPlus' overall GF Score™ is 57/100 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 SpiderPlus (TSE:4192), the current EBIT is 円-11 Mil as of Dec. 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 SpiderPlus (TSE:4192) Overvalued in 2026?

Based on GuruFocus' analysis, SpiderPlus stock appears to be undervalued. The current stock price of 円284.00 is trading 59% below its estimated GF Value™ of 円692.89. GuruFocus considers SpiderPlus to be Significantly Undervalued.

Key valuation signals for TSE:4192:

  • EBIT: 円-11 Mil
  • GF Value™: 円692.89 vs. price of 円284.00 (59% below fair value)
  • GF Score™: 57/100 with 1 warning sign

No single metric tells the full story. See the TSE:4192 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

SpiderPlus Business Description

Address 2-2-1 Toranomon, 27th Floor, Sumitomofudosan Toranomon Tower Building, Minato-ku, Tokyo, JPN, 105-0001
SpiderPlus & Co is a Developer and Provider of the construction tech application SPIDERPLUS. SPIDERPLUS is a site communication and drawing/photo management solution developed for construction sites improves the high quality, high safety, and environmental friendliness of the projects.
57GF Score

Get the complete analysis for TSE:4192

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

円284.00
Price
円692.89
GF Value