Smaregi (TSE:4431) EBIT: 円3,187 Mil (TTM As of Jan. 2026)

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TSE:4431 Smaregi Inc TSE:4431
87 GF Score
Price 円2,797.00
GF Value 円4,327.59
Valuation Significantly Undervalued
! 1 Warning Sign
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What is Smaregi EBIT?

Smaregi TSE:4431 -1.55% 87 EBIT is 円3,187 Mil as of Jan. 2026. GuruFocus rates TSE:4431 with a GF Score™ of 87/100 and a GF Value™ of 円4,327.59 (Significantly Undervalued). The stock has 1 warning sign investors should review.

Smaregi's earnings before interest and taxes (EBIT) for the three months ended in Jan. 2026 was 円904 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jan. 2026 was 円3,187 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Smaregi's annualized ROC % for the quarter that ended in Jan. 2026 was 43.67%. Smaregi's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jan. 2026 was 464.34%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Smaregi's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jan. 2026 was 6.92%.

Smaregi  (TSE:4431) EBIT Explanation

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

Smaregi's annualized ROC % for the quarter that ended in Jan. 2026 is calculated as:

ROC % (Q: Jan. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Oct. 2025 ) + Invested Capital (Q: Jan. 2026 ))/ count )
=3629.428 * ( 1 - 28.86% )/( (5896.864 + 5928.91)/ 2 )
=2581.9750792/5912.887
=43.67 %

where

Invested Capital(Q: Oct. 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))
=12287.634 - 738.504 - ( 6806.826 - max(0, 3599.637 - 9251.903+6806.826))
=5896.864

Invested Capital(Q: Jan. 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))
=12877.945 - 714.141 - ( 7209.545 - max(0, 3549.509 - 9784.403+7209.545))
=5928.91

Note: The Operating Income data used here is four times the quarterly (Jan. 2026) data.

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

Smaregi's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jan. 2026 is calculated as:

ROC (Joel Greenblatt) %(Q: Jan. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Oct. 2025  Q: Jan. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=3615.32/( ( (778.561 + max(-1054.56, 0)) + (778.622 + max(-874.651, 0)) )/ 2 )
=3615.32/( ( 778.561 + 778.622 )/ 2 )
=3615.32/778.5915
=464.34 %

where Working Capital is:

Working Capital(Q: Oct. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(835.298 + 840.553 + 769.226) - (738.504 + 0 + 2761.133)
=-1054.56

Working Capital(Q: Jan. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(888.288 + 775.917 + 910.653) - (714.141 + 0 + 2735.368)
=-874.651

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Jan. 2026) EBIT data.

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jan. 2026 )
=3187.207/46055.869
=6.92 %

* 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.

Smaregi EBIT Related Terms

Smaregi EBIT Historical Data

* Premium members only.

The historical data trend for Smaregi'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.

Smaregi EBIT Chart

Smaregi Annual Data
Trend Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24 Apr25 Apr26
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 642.14 893.82 1,735.20 2,358.10 3,187.21

Smaregi Quarterly Data
Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Apr25 Jul25 Oct25 Jan26 Apr26
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 0.00 592.40 743.33 903.83 947.65

TSE:4431 vs UBER, SHOP, CRM: EBIT Comparison

For the Software - Application subindustry, Smaregi'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.

Smaregi EV-to-EBIT vs Software Industry

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

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


TSE:4431
87GF Score
Smaregi Inc TSE:4431
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Smaregi 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 Jan. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was 円3,187 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3,187 Mil mean?
Smaregi (TSE:4431) has a EBIT of 円3,187 Mil as of Jan. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Smaregi.
Is Smaregi's EBIT too high?
Smaregi's current EBIT is 円3,187 Mil. Overall, Smaregi has a GF Score™ of 87/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Smaregi's EBIT compare to UBER and SHOP?
Smaregi's EBIT of 円3,187 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 Smaregi. Smaregi's current EBIT is 円3,187 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Smaregi stock overvalued right now?
Based on GuruFocus' analysis, Smaregi (TSE:4431) is currently considered Significantly Undervalued. The stock's GF Value™ is 円4,327.59, compared to a current price of 円2,797.00 — trading 35.4% below its estimated fair value. The current EBIT is 円3,187 Mil. Smaregi's overall GF Score™ is 87/100 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 Smaregi (TSE:4431), the current EBIT is 円3,187 Mil as of Jan. 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 Smaregi (TSE:4431) Overvalued in 2026?

Based on GuruFocus' analysis, Smaregi stock appears to be undervalued. The current stock price of 円2,797.00 is trading 35.4% below its estimated GF Value™ of 円4,327.59. GuruFocus considers Smaregi to be Significantly Undervalued.

Key valuation signals for TSE:4431:

  • EBIT: 円3,187 Mil
  • GF Value™: 円4,327.59 vs. price of 円2,797.00 (35.4% below fair value)
  • GF Score™: 87/100 with 1 warning sign

No single metric tells the full story. See the TSE:4431 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Smaregi Business Description

Address 4-2-12 Honcho Chuo-ku, Toshiba Osaka Building 3rd Floor, Osaka, JPN, 541-0053
Smaregi Inc is engaged in planning, designing, and development of providng web services.
87GF Score

Get the complete analysis for TSE:4431

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

円2,797.00
Price
円4,327.59
GF Value