TOSE Co (TSE:4728) EBIT: 円382 Mil (TTM As of Feb. 2026)


TSE:4728 TOSE Co Ltd TSE:4728
60 GF Score
Price 円640.00
GF Value 円861.93
Valuation Modestly Undervalued
! 2 Warning Signs
View Full Analysis

What is TOSE Co EBIT?

TOSE Co TSE:4728 -0.47% 60 EBIT is 円382 Mil as of Feb. 2026. GuruFocus rates TSE:4728 with a GF Score™ of 60/100 and a GF Value™ of 円861.93 (Modestly Undervalued). The stock has 2 warning signs investors should review.

TOSE Co's earnings before interest and taxes (EBIT) for the six months ended in Feb. 2026 was 円332 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Feb. 2026 was 円382 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. TOSE Co's annualized ROC % for the quarter that ended in Feb. 2026 was 8.02%. TOSE Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Feb. 2026 was 23.70%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. TOSE Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Feb. 2026 was 12.53%.

TOSE Co  (TSE:4728) EBIT Explanation

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

TOSE Co'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 )
=663.998 * ( 1 - 32.75% )/( (5644.374 + 5487.314)/ 2 )
=446.538655/5565.844
=8.02 %

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))
=7836.334 - 491.5 - ( 1700.46 - max(0, 1276.624 - 4325.383+1700.46))
=5644.374

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))
=7759.001 - 427.644 - ( 1844.043 - max(0, 990.057 - 4247.255+1844.043))
=5487.314

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:

TOSE Co'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 )
=663.998/( ( (1395.204 + max(1348.299, 0)) + (1445.542 + max(1413.155, 0)) )/ 2 )
=663.998/( ( 2743.503 + 2858.697 )/ 2 )
=663.998/2801.1
=23.70 %

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)
=(2508.294 + 7.759 + 108.87) - (491.5 + 0 + 785.124)
=1348.299

Working Capital(Q: Feb. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(2224.84 + 24.91 + 153.462) - (427.644 + 0 + 562.413)
=1413.155

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Feb. 2026 )
=381.835/3048.102
=12.53 %

* 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.

TOSE Co EBIT Related Terms

TOSE Co EBIT Historical Data

* Premium members only.

The historical data trend for TOSE 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.

TOSE Co EBIT Chart

TOSE Co Annual Data
Trend Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24 Aug25
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 259.71 513.88 710.08 -535.70 369.60

TOSE Co Semi-Annual Data
Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24 Aug24 Feb25 Aug25 Feb26
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 -428.27 -107.42 319.76 49.84 332.00

TSE:4728 vs NTES, EA, TTWO: EBIT Comparison

For the Electronic Gaming & Multimedia subindustry, TOSE 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.

TOSE Co EV-to-EBIT vs Interactive Media Industry

For the Interactive Media industry and Communication Services sector, TOSE Co's EV-to-EBIT distribution charts can be found below:

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


TSE:4728
60GF Score
TOSE Co Ltd TSE:4728
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

TOSE 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 Feb. 2026 adds up the semi-annually data reported by the company within the most recent 12 months, which was 円382 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382 Mil mean?
TOSE Co (TSE:4728) has a EBIT of 円382 Mil as of Feb. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on TOSE Co.
Is TOSE Co's EBIT too high?
TOSE Co's current EBIT is 円382 Mil. Overall, TOSE Co has a GF Score™ of 60/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does TOSE Co's EBIT compare to NTES and EA?
TOSE Co's EBIT of 円382 Mil can be compared against companies in the Interactive Media 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 an Interactive Media company?
A good EBIT depends on the Interactive Media 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 TOSE Co. TOSE Co's current EBIT is 円382 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TOSE Co stock overvalued right now?
Based on GuruFocus' analysis, TOSE Co (TSE:4728) is currently considered Modestly Undervalued. The stock's GF Value™ is 円861.93, compared to a current price of 円640.00 — trading 25.7% below its estimated fair value. The current EBIT is 円382 Mil. TOSE Co's overall GF Score™ is 60/100 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 TOSE Co (TSE:4728), the current EBIT is 円382 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.

Is TOSE Co (TSE:4728) Overvalued in 2026?

Based on GuruFocus' analysis, TOSE Co stock appears to be undervalued. The current stock price of 円640.00 is trading 25.7% below its estimated GF Value™ of 円861.93. GuruFocus considers TOSE Co to be Modestly Undervalued.

Key valuation signals for TSE:4728:

  • EBIT: 円382 Mil
  • GF Value™: 円861.93 vs. price of 円640.00 (25.7% below fair value)
  • GF Score™: 60/100 with 2 warning signs

No single metric tells the full story. See the TSE:4728 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

TOSE Co Business Description

Address Higasinotoindori Shijo Sagaru, Shimogyo-ku, Kyoto, JPN, 600-8091
TOSE Co Ltd is engaged in the planning, development and operation of game software and mobile contents. It is well known for the development of Nintendo's Mr. Game and Watch Gallery series, as well as working on several other Nintendo products.
60GF Score

Get the complete analysis for TSE:4728

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

円640.00
Price
円861.93
GF Value