Toho Chemical Industry Co (TSE:4409) EBIT: 円2,508 Mil (TTM As of Mar. 2026)


TSE:4409 Toho Chemical Industry Co Ltd TSE:4409
58 GF Score
Price 円722.00
GF Value 円627.27
Valuation Modestly Overvalued
! 4 Warning Signs
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What is Toho Chemical Industry Co EBIT?

Toho Chemical Industry Co TSE:4409 -0.28% 58 EBIT is 円2,508 Mil as of Mar. 2026. GuruFocus rates TSE:4409 with a GF Score™ of 58/100 and a GF Value™ of 円627.27 (Modestly Overvalued). The stock has 4 warning signs investors should review.

Toho Chemical Industry Co's earnings before interest and taxes (EBIT) for the six months ended in Mar. 2026 was 円1,579 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was 円2,508 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Toho Chemical Industry Co's annualized ROC % for the quarter that ended in Mar. 2026 was 3.20%. Toho Chemical Industry Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 7.25%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Toho Chemical Industry Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 6.51%.


Toho Chemical Industry Co  (TSE:4409) EBIT Explanation

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

Toho Chemical Industry 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 )
=2394 * ( 1 - 25.98% )/( (53733 + 57090)/ 2 )
=1772.0388/55411.5
=3.20 %

where

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:

Toho Chemical Industry 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 )
=3158/( ( (25326 + max(16844, 0)) + (26556 + max(18356, 0)) )/ 2 )
=3158/( ( 42170 + 44912 )/ 2 )
=3158/43541
=7.25 %

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)
=(13688 + 15829 + 599) - (8642 + 0 + 4630)
=16844

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(13164 + 16464 + 919) - (8390 + 0 + 3801)
=18356

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=2508/38507.205
=6.51 %

* 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.


Toho Chemical Industry Co EBIT Related Terms


Toho Chemical Industry Co EBIT Historical Data

* Premium members only.

The historical data trend for Toho Chemical Industry 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.

Toho Chemical Industry Co EBIT Chart

Toho Chemical Industry Co Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2,042.00 1,498.00 1,046.00 2,358.00 2,508.00

Toho Chemical Industry 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 696.00 1,297.00 1,061.00 929.00 1,579.00

TSE:4409 vs LIN, SHW, ECL: EBIT Comparison

For the Specialty Chemicals subindustry, Toho Chemical Industry 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.


Toho Chemical Industry Co EV-to-EBIT vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Toho Chemical Industry Co's EV-to-EBIT distribution charts can be found below:

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


TSE:4409
58GF Score
Toho Chemical Industry Co Ltd TSE:4409
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Toho Chemical Industry 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2,508 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2,508 Mil mean?
Toho Chemical Industry Co (TSE:4409) has a EBIT of 円2,508 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Toho Chemical Industry Co.
Is Toho Chemical Industry Co's EBIT too high?
Toho Chemical Industry Co's current EBIT is 円2,508 Mil. Overall, Toho Chemical Industry Co has a GF Score™ of 58/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Toho Chemical Industry Co's EBIT compare to LIN and SHW?
Toho Chemical Industry Co's EBIT of 円2,508 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 Toho Chemical Industry Co. Toho Chemical Industry Co's current EBIT is 円2,508 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Toho Chemical Industry Co stock overvalued right now?
Based on GuruFocus' analysis, Toho Chemical Industry Co (TSE:4409) is currently considered Modestly Overvalued. The stock's GF Value™ is 円627.27, compared to a current price of 円722.00 — trading 15.1% above its estimated fair value. The current EBIT is 円2,508 Mil. Toho Chemical Industry Co's overall GF Score™ is 58/100 with 4 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 Toho Chemical Industry Co (TSE:4409), the current EBIT is 円2,508 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 Toho Chemical Industry Co (TSE:4409) Overvalued in 2026?

Based on GuruFocus' analysis, Toho Chemical Industry Co stock appears to be overvalued. The current stock price of 円722.00 is trading 15.1% above its estimated GF Value™ of 円627.27. GuruFocus considers Toho Chemical Industry Co to be Modestly Overvalued.

Key valuation signals for TSE:4409:

  • EBIT: 円2,508 Mil
  • GF Value™: 円627.27 vs. price of 円722.00 (15.1% above fair value)
  • GF Score™: 58/100 with 4 warning signs

No single metric tells the full story. See the TSE:4409 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Toho Chemical Industry Co Business Description

Address 6-4 Akashi-cho, Chuo-Ku, Nichirei Akashi-cho Building, Tokyo, JPN, 104-0044
Toho Chemical Industry Co Ltd is engaged in the chemical business. Its product lines are surfactants, specialty chemicals, resins, and industrial chemicals. Some of its products are chemicals for textiles, detergents, pharmaceutical formulations, and others. The company serves a range of industries from daily consumables to high-tech products industries.
58GF Score

Get the complete analysis for TSE:4409

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

円722.00
Price
円627.27
GF Value