Local (TSE:470A) EBIT: 円 Mil (TTM As of Feb. 2026)

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TSE:470A Local Inc TSE:470A
5 GF Score
Price 円501.00
! 5 Warning Signs
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What is Local EBIT?

Local TSE:470A 5 EBIT is 円 Mil as of Feb. 2026. GuruFocus rates TSE:470A with a GF Score™ of 5/100. The stock has 5 warning signs investors should review.

Local's earnings before interest and taxes (EBIT) for the six months ended in Feb. 2026 was 円-175 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Local's annualized ROC % for the quarter that ended in Feb. 2026 was -6.05%. Local's annualized ROC (Joel Greenblatt) % for the quarter that ended in Feb. 2026 was -14.80%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield.


Local  (TSE:470A) EBIT Explanation

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

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

ROC % (Q: Feb. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Aug. 2025 ) + Invested Capital (Q: Feb. 2026 ))/ count )
=-366.2 * ( 1 - 37.89% )/( (2979.704 + 4543.163)/ 2 )
=-227.44682/3761.4335
=-6.05 %

where

Invested Capital(Q: Aug. 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))
=3604.594 - 267.41 - ( 1097.257 - max(0, 2525.656 - 2883.136+1097.257))
=2979.704

Invested Capital(Q: Feb. 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))
=5319.994 - 605.891 - ( 1199.889 - max(0, 4339.57 - 4510.51+1199.889))
=4543.163

Note: The Operating Income data used here is two times the semi-annual (Feb. 2026) data.

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

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

ROC (Joel Greenblatt) %(Q: Feb. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Aug. 2025  Q: Feb. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-350.612/( ( (498.663 + max(1061.775, 0)) + (523.462 + max(2654.639, 0)) )/ 2 )
=-350.612/( ( 1560.438 + 3178.101 )/ 2 )
=-350.612/2369.2695
=-14.80 %

where Working Capital is:

Working Capital(Q: Aug. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(734.612 + 1018.814 + 32.453) - (267.41 + 0 + 456.694)
=1061.775

Working Capital(Q: Feb. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(693.831 + 2517.741 + 99.049) - (605.891 + 0 + 50.090999999999)
=2654.639

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Feb. 2026) EBIT data.

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Feb. 2026 )
=/4982.690
= %

* 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.


Local EBIT Related Terms


Local EBIT Historical Data

* Premium members only.

The historical data trend for Local'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.

Local EBIT Chart

Local Annual Data
Trend Sep23 Feb26
EBIT
224.07 35.27

Local Semi-Annual Data
Sep23 Aug25 Feb26
EBIT 0.00 210.58 -175.31

TSE:470A vs SYY, USFD, PFGC: EBIT Comparison

For the Food Distribution subindustry, Local'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.


Local EV-to-EBIT vs Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Local's EV-to-EBIT distribution charts can be found below:

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


TSE:470A
5GF Score
Local Inc TSE:470A
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Local 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 Feb. 2026 adds up the semi-annually data reported by the company within the most recent 12 months, which was 円 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 Mil mean?
Local (TSE:470A) has a EBIT of 円 Mil as of Feb. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Local.
Is Local's EBIT too high?
Local's current EBIT is 円 Mil. Overall, Local has a GF Score™ of 5/100, reflecting its overall financial health beyond just this single metric.
How does Local's EBIT compare to SYY and USFD?
Local's EBIT of 円 Mil can be compared against companies in the Retail - Defensive 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 Retail - Defensive company?
A good EBIT depends on the Retail - Defensive 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 Local. Local's current EBIT is 円 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Local stock overvalued right now?
Local (TSE:470A) has a current EBIT of 円 Mil. The current EBIT is 円 Mil. Local's overall GF Score™ is 5/100 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 Local (TSE:470A), the current EBIT is 円 Mil as of Feb. 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.

Local Business Description

Address 3-15-60, Kasuga, Nishi-Ku, JR Kumamoto Shirakawa Building 4th floor, Kumamoto-Shi, JPN, 860-0047
Local Inc is principally engaged in manufacturing and sales of food products utilizing locally sourced fresh and regional ingredients under its own brands through multiple e-commerce platforms.
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EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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