XNET (TSE:4762) EBIT: 円896 Mil (TTM As of Mar. 2026)


TSE:4762 XNET Corp TSE:4762
79 GF Score
Price 円1,663.00
GF Value 円2,252.53
Valuation Modestly Undervalued
! 3 Warning Signs
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What is XNET EBIT?

XNET TSE:4762 -2.41% 79 EBIT is 円896 Mil as of Mar. 2026. GuruFocus rates TSE:4762 with a GF Score™ of 79/100 and a GF Value™ of 円2,252.53 (Modestly Undervalued). The stock has 3 warning signs investors should review.

XNET's earnings before interest and taxes (EBIT) for the six months ended in Mar. 2026 was 円539 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was 円896 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. XNET's annualized ROC % for the quarter that ended in Mar. 2026 was 11.99%. XNET's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 367.53%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. XNET's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 12.86%.


XNET  (TSE:4762) EBIT Explanation

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

XNET'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 )
=1052.162 * ( 1 - 32.72% )/( (6018.023 + 5792.255)/ 2 )
=707.8945936/5905.139
=11.99 %

where

Invested Capital(Q: Sep. 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))
=5949.519 - 467.112 - ( 1216.794 - max(0, 2198.41 - 1662.794+1216.794))
=6018.023

Invested Capital(Q: Mar. 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))
=6119.6 - 648.786 - ( 1188.937 - max(0, 2093.856 - 1772.415+1188.937))
=5792.255

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:

XNET'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 )
=1077.908/( ( (286.266 + max(-353.767, 0)) + (300.307 + max(-356.37, 0)) )/ 2 )
=1077.908/( ( 286.266 + 300.307 )/ 2 )
=1077.908/293.2865
=367.53 %

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)
=(286.937 + 0 + 57.706) - (467.112 + 0 + 231.298)
=-353.767

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(481.913 + 0 + 55.573) - (648.786 + 0 + 245.07)
=-356.37

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=895.672/6962.248
=12.86 %

* 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.


XNET EBIT Related Terms


XNET EBIT Historical Data

* Premium members only.

The historical data trend for XNET'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.

XNET EBIT Chart

XNET 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 968.05 950.42 1,078.50 870.78 895.67

XNET 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 521.86 400.80 469.98 356.72 538.95

TSE:4762 vs CRM, SHOP, UBER: EBIT Comparison

For the Software - Application subindustry, XNET'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.


XNET EV-to-EBIT vs Software Industry

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

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


TSE:4762
79GF Score
XNET Corp TSE:4762
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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XNET 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896 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896 Mil mean?
XNET (TSE:4762) has a EBIT of 円896 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on XNET.
Is XNET's EBIT too high?
XNET's current EBIT is 円896 Mil. Overall, XNET has a GF Score™ of 79/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does XNET's EBIT compare to CRM and SHOP?
XNET's EBIT of 円896 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 XNET. XNET's current EBIT is 円896 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is XNET stock overvalued right now?
Based on GuruFocus' analysis, XNET (TSE:4762) is currently considered Modestly Undervalued. The stock's GF Value™ is 円2,252.53, compared to a current price of 円1,663.00 — trading 26.2% below its estimated fair value. The current EBIT is 円896 Mil. XNET's overall GF Score™ is 79/100 with 3 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 XNET (TSE:4762), the current EBIT is 円896 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 XNET (TSE:4762) Overvalued in 2026?

Based on GuruFocus' analysis, XNET stock appears to be undervalued. The current stock price of 円1,663.00 is trading 26.2% below its estimated GF Value™ of 円2,252.53. GuruFocus considers XNET to be Modestly Undervalued.

Key valuation signals for TSE:4762:

  • EBIT: 円896 Mil
  • GF Value™: 円2,252.53 vs. price of 円1,663.00 (26.2% below fair value)
  • GF Score™: 79/100 with 3 warning signs

No single metric tells the full story. See the TSE:4762 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


XNET Business Description

Address 13-4 Arakicho, Sumitomo Realty & Development Yotsuya Building, Fourth Floor, Shinjuku-ku, Tokyo, JPN, 160-0007
XNET Corp is a Japan-based company engages in the provision of software applications outsourcing services. It offers its software application in the field of insurance companies, banks, general business and asset management companies. It also offers solutions for proxy/engagement management, market information services, reports management, IFRS data management, STP solutions with brokers and custodians, as well as business process outsourcing services.
79GF Score

Get the complete analysis for TSE:4762

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

円1,663.00
Price
円2,252.53
GF Value