System Support Holdings (TSE:4396) EBIT: 円2,671 Mil (TTM As of Dec. 2025)


TSE:4396 System Support Holdings Inc TSE:4396
77 GF Score
Price 円945.00
GF Value 円1,526.09
Valuation Significantly Undervalued
! 2 Warning Signs
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What is System Support Holdings EBIT?

System Support Holdings TSE:4396 +0.21% 77 EBIT is 円2,671 Mil as of Dec. 2025. GuruFocus rates TSE:4396 with a GF Score™ of 77/100 and a GF Value™ of 円1,526.09 (Significantly Undervalued). The stock has 2 warning signs investors should review.

System Support Holdings's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2025 was 円1,637 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2025 was 円2,671 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. System Support Holdings's annualized ROC % for the quarter that ended in Dec. 2025 was 25.54%. System Support Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 223.88%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. System Support Holdings's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 15.81%.


System Support Holdings  (TSE:4396) EBIT Explanation

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

System Support Holdings'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 )
=3161.688 * ( 1 - 37.31% )/( (6741.691 + 8779.771)/ 2 )
=1982.0622072/7760.731
=25.54 %

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))
=13628.109 - 2232.484 - ( 5844.937 - max(0, 6081.245 - 10735.179+5844.937))
=6741.691

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))
=15597.558 - 1746.972 - ( 6369.475 - max(0, 6715.185 - 11786+6369.475))
=8779.771

Note: The Operating Income data used here is two times the semi-annual (Dec. 2025) data.

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

System Support Holdings'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 )
=3274.2/( ( (1080.318 + max(-611.996, 0)) + (592.325 + max(1252.289, 0)) )/ 2 )
=3274.2/( ( 1080.318 + 1844.614 )/ 2 )
=3274.2/1462.466
=223.88 %

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)
=(3630.343 + 44.239 + 704.362) - (2232.484 + 0 + 2758.456)
=-611.996

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(4859.744 + 76.522 + 480.259) - (1746.972 + 0 + 2417.264)
=1252.289

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Dec. 2025) EBIT data.

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2025 )
=2670.952/16893.383
=15.81 %

* 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.


System Support Holdings EBIT Related Terms


System Support Holdings EBIT Historical Data

* Premium members only.

The historical data trend for System Support Holdings'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.

System Support Holdings EBIT Chart

System Support Holdings Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 945.76 1,190.91 1,449.09 1,785.22 2,275.30

System Support Holdings Semi-Annual Data
Jun16 Jun17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 932.37 852.84 1,241.45 1,033.85 1,637.10

TSE:4396 vs IBM, ACN, FISV: EBIT Comparison

For the Information Technology Services subindustry, System Support Holdings'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.


System Support Holdings EV-to-EBIT vs Software Industry

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

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


TSE:4396
77GF Score
System Support Holdings Inc TSE:4396
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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System Support Holdings 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 semi-annually data reported by the company within the most recent 12 months, which was 円2,671 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2,671 Mil mean?
System Support Holdings (TSE:4396) has a EBIT of 円2,671 Mil as of Dec. 2025. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on System Support Holdings.
Is System Support Holdings' EBIT too high?
System Support Holdings' current EBIT is 円2,671 Mil. Overall, System Support Holdings has a GF Score™ of 77/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does System Support Holdings' EBIT compare to IBM and ACN?
System Support Holdings' EBIT of 円2,671 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 System Support Holdings. System Support Holdings's current EBIT is 円2,671 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is System Support Holdings stock overvalued right now?
Based on GuruFocus' analysis, System Support Holdings (TSE:4396) is currently considered Significantly Undervalued. The stock's GF Value™ is 円1,526.09, compared to a current price of 円945.00 — trading 38.1% below its estimated fair value. The current EBIT is 円2,671 Mil. System Support Holdings' overall GF Score™ is 77/100 with 2 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 System Support Holdings (TSE:4396), the current EBIT is 円2,671 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 System Support Holdings (TSE:4396) Overvalued in 2026?

Based on GuruFocus' analysis, System Support Holdings stock appears to be undervalued. The current stock price of 円945.00 is trading 38.1% below its estimated GF Value™ of 円1,526.09. GuruFocus considers System Support Holdings to be Significantly Undervalued.

Key valuation signals for TSE:4396:

  • EBIT: 円2,671 Mil
  • GF Value™: 円1,526.09 vs. price of 円945.00 (38.1% below fair value)
  • GF Score™: 77/100 with 2 warning signs

No single metric tells the full story. See the TSE:4396 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


System Support Holdings Business Description

Address 1-5-2 Honmachi, ishikawa, kanazawa, JPN, 920-0853
System Support Holdings Inc is engaged in providing systems solutions which include system integration, transition to cloud-based infrastructure, ERP integration, data center running, and package-based software development.
77GF Score

Get the complete analysis for TSE:4396

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

円945.00
Price
円1,526.09
GF Value