Startline Co (TSE:477A) EBIT: 円451 Mil (TTM As of Mar. 2026)


TSE:477A Startline Co Ltd TSE:477A
7 GF Score
Price 円591.00
! 3 Warning Signs
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What is Startline Co EBIT?

Startline Co TSE:477A +1.20% 7 EBIT is 円451 Mil as of Mar. 2026. GuruFocus rates TSE:477A with a GF Score™ of 7/100. The stock has 3 warning signs investors should review.

Startline Co's earnings before interest and taxes (EBIT) for the six months ended in Mar. 2026 was 円319 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was 円451 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Startline Co's annualized ROC % for the quarter that ended in Mar. 2026 was 10.14%. Startline Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 15.94%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Startline Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 9.67%.

Startline Co  (TSE:477A) EBIT Explanation

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

Startline 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 )
=637.424 * ( 1 - 0% )/( (5767.467 + 6805.27)/ 2 )
=637.424/6286.3685
=10.14 %

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))
=6120.965 - 184.262 - ( 1180.108 - max(0, 1868.762 - 2037.998+1180.108))
=5767.467

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))
=8217.154 - 600.404 - ( 2327.272 - max(0, 2451.295 - 3262.775+2327.272))
=6805.27

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:

Startline 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 )
=637.424/( ( (3561.194 + max(195.195, 0)) + (4242.743 + max(-45.405, 0)) )/ 2 )
=637.424/( ( 3756.389 + 4242.743 )/ 2 )
=637.424/3999.566
=15.94 %

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)
=(593.628 + 87.685 + 176.577) - (184.262 + 0 + 478.433)
=195.195

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(642.541 + 72.699 + 220.263) - (600.404 + 0 + 380.504)
=-45.405

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=450.662/4661.675
=9.67 %

* 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.

Startline Co EBIT Related Terms

Startline Co EBIT Historical Data

* Premium members only.

The historical data trend for Startline 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.

Startline Co EBIT Chart

Startline Co Annual Data
Trend Mar24 Mar25 Mar26
EBIT
102.97 263.07 450.66

Startline Co Semi-Annual Data
Mar24 Mar25 Sep25 Mar26
EBIT 0.00 0.00 131.95 318.71

TSE:477A vs CTAS, CPRT, ULS: EBIT Comparison

For the Specialty Business Services subindustry, Startline 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.

Startline Co EV-to-EBIT vs Business Services Industry

For the Business Services industry and Industrials sector, Startline Co's EV-to-EBIT distribution charts can be found below:

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


TSE:477A
7GF Score
Startline Co Ltd TSE:477A
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Startline 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451 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451 Mil mean?
Startline Co (TSE:477A) has a EBIT of 円451 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Startline Co.
Is Startline Co's EBIT too high?
Startline Co's current EBIT is 円451 Mil. Overall, Startline Co has a GF Score™ of 7/100, reflecting its overall financial health beyond just this single metric.
How does Startline Co's EBIT compare to CTAS and CPRT?
Startline Co's EBIT of 円451 Mil can be compared against companies in the Business Services 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 Business Services company?
A good EBIT depends on the Business Services 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 Startline Co. Startline Co's current EBIT is 円451 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Startline Co stock overvalued right now?
Startline Co (TSE:477A) has a current EBIT of 円451 Mil. The current EBIT is 円451 Mil. Startline Co's overall GF Score™ is 7/100 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 Startline Co (TSE:477A), the current EBIT is 円451 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.

Startline Co Business Description

Address 1-12-17 Kamirenjaku, Mitaka Business Park Building 1, 3rd Floor, Mitaka-shi, Tokyo, JPN, 181-0012
Startline Co Ltd is engaged in employment and vocational support services for persons with disabilities.
7GF Score

Get the complete analysis for TSE:477A

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

円591.00
Price