CE Holdings Co (TSE:4320) EBIT: 円2,345 Mil (TTM As of Mar. 2026)


TSE:4320 CE Holdings Co Ltd TSE:4320
75 GF Score
Price 円1,761.00
GF Value 円675.11
Valuation Significantly Overvalued
! 5 Warning Signs
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What is CE Holdings Co EBIT?

CE Holdings Co TSE:4320 +0.23% 75 EBIT is 円2,345 Mil as of Mar. 2026. GuruFocus rates TSE:4320 with a GF Score™ of 75/100 and a GF Value™ of 円675.11 (Significantly Overvalued). The stock has 5 warning signs investors should review.

CE Holdings Co's earnings before interest and taxes (EBIT) for the six months ended in Mar. 2026 was 円1,280 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was 円2,345 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. CE Holdings Co's annualized ROC % for the quarter that ended in Mar. 2026 was 30.02%. CE Holdings Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 92.47%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. CE Holdings Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 9.45%.


CE Holdings Co  (TSE:4320) EBIT Explanation

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

CE Holdings Co'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 )
=2799.76 * ( 1 - 36.14% )/( (6273.22 + 5637.699)/ 2 )
=1787.926736/5955.4595
=30.02 %

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))
=12746.428 - 1740.457 - ( 4732.751 - max(0, 2855.292 - 9076.418+4732.751))
=6273.22

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))
=14091.886 - 2782.298 - ( 7083.409 - max(0, 4577.991 - 10249.88+7083.409))
=5637.699

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:

CE Holdings Co'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 )
=2560.324/( ( (1696.825 + max(2177.518, 0)) + (1663.119 + max(-83.107000000002, 0)) )/ 2 )
=2560.324/( ( 3874.343 + 1663.119 )/ 2 )
=2560.324/2768.731
=92.47 %

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)
=(3560.756 + 334.686 + 448.225) - (1740.457 + 0 + 425.692)
=2177.518

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(2769.883 + 209.461 + 187.127) - (2782.298 + 0 + 467.28)
=-83.107000000002

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=2345.045/24806.870
=9.45 %

* 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.


CE Holdings Co EBIT Related Terms


CE Holdings Co EBIT Historical Data

* Premium members only.

The historical data trend for CE Holdings 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.

CE Holdings Co EBIT Chart

CE Holdings Co Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,010.05 1,074.43 1,269.26 730.46 2,276.28

CE Holdings Co 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 749.43 -18.97 1,211.40 1,064.88 1,280.16

TSE:4320 vs VEEV, BTSG, TEM: EBIT Comparison

For the Health Information Services subindustry, CE Holdings 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.


CE Holdings Co EV-to-EBIT vs Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, CE Holdings Co's EV-to-EBIT distribution charts can be found below:

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


TSE:4320
75GF Score
CE Holdings Co Ltd TSE:4320
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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CE Holdings 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 Mar. 2026 adds up the semi-annually data reported by the company within the most recent 12 months, which was 円2,345 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2,345 Mil mean?
CE Holdings Co (TSE:4320) has a EBIT of 円2,345 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on CE Holdings Co.
Is CE Holdings Co's EBIT too high?
CE Holdings Co's current EBIT is 円2,345 Mil. Overall, CE Holdings Co has a GF Score™ of 75/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does CE Holdings Co's EBIT compare to VEEV and BTSG?
CE Holdings Co's EBIT of 円2,345 Mil can be compared against companies in the Healthcare Providers & Services 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 Healthcare Providers & Services company?
A good EBIT depends on the Healthcare Providers & Services 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 CE Holdings Co. CE Holdings Co's current EBIT is 円2,345 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CE Holdings Co stock overvalued right now?
Based on GuruFocus' analysis, CE Holdings Co (TSE:4320) is currently considered Significantly Overvalued. The stock's GF Value™ is 円675.11, compared to a current price of 円1,761.00 — trading 160.8% above its estimated fair value. The current EBIT is 円2,345 Mil. CE Holdings Co's overall GF Score™ is 75/100 with 5 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 CE Holdings Co (TSE:4320), the current EBIT is 円2,345 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 CE Holdings Co (TSE:4320) Overvalued in 2026?

Based on GuruFocus' analysis, CE Holdings Co stock appears to be overvalued. The current stock price of 円1,761.00 is trading 160.8% above its estimated GF Value™ of 円675.11. GuruFocus considers CE Holdings Co to be Significantly Overvalued.

Key valuation signals for TSE:4320:

  • EBIT: 円2,345 Mil
  • GF Value™: 円675.11 vs. price of 円1,761.00 (160.8% above fair value)
  • GF Score™: 75/100 with 5 warning signs

No single metric tells the full story. See the TSE:4320 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


CE Holdings Co Business Description

Address 15-1-21 Heiwa Dori Kita, Shiroishi-ku, Sapporo, JPN, 003-0029
CE Holdings Co Ltd is a Japan-based company engages in the development and sale of medical information systems focused on electronic medical record systems. It provides packaged software, medical information and accounting systems, electronic health record systems, and blood transfusion systems.
75GF Score

Get the complete analysis for TSE:4320

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

円1,761.00
Price
円675.11
GF Value