NCD Co (TSE:4783) EBIT: 円2,747 Mil (TTM As of Mar. 2026)


TSE:4783 NCD Co Ltd TSE:4783
90 GF Score
Price 円2,478.00
GF Value 円2,409.58
Valuation Fairly Valued
! 1 Warning Sign
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What is NCD Co EBIT?

NCD Co TSE:4783 +0.53% 90 EBIT is 円2,747 Mil as of Mar. 2026. GuruFocus rates TSE:4783 with a GF Score™ of 90/100 and a GF Value™ of 円2,409.58 (Fairly Valued). The stock has 1 warning sign investors should review.

NCD Co's earnings before interest and taxes (EBIT) for the six months ended in Mar. 2026 was 円1,662 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was 円2,747 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. NCD Co's annualized ROC % for the quarter that ended in Mar. 2026 was 29.16%. NCD Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 195.11%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. NCD Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 20.38%.


NCD Co  (TSE:4783) EBIT Explanation

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

NCD 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 )
=3154.626 * ( 1 - 29.29% )/( (7328.509 + 7969.024)/ 2 )
=2230.6360446/7648.7665
=29.16 %

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))
=15885.865 - 1458.73 - ( 7430.912 - max(0, 5183.622 - 12282.248+7430.912))
=7328.509

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))
=16886.547 - 1576.814 - ( 7835.993 - max(0, 5910.955 - 13251.664+7835.993))
=7969.024

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:

NCD 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 )
=3323.67/( ( (1267.328 + max(517.615, 0)) + (1351.391 + max(270.603, 0)) )/ 2 )
=3323.67/( ( 1784.943 + 1621.994 )/ 2 )
=3323.67/1703.4685
=195.11 %

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)
=(3806.657 + 409.083 + 635.596) - (1458.73 + 0 + 2874.991)
=517.615

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(4227.329 + 285.249 + 618.262) - (1576.814 + 0 + 3283.423)
=270.603

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=2747.094/13480.749
=20.38 %

* 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.


NCD Co EBIT Related Terms


NCD Co EBIT Historical Data

* Premium members only.

The historical data trend for NCD 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.

NCD Co EBIT Chart

NCD Co 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 790.93 1,008.26 2,116.73 2,875.97 2,747.09

NCD Co 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 1,196.67 1,461.66 1,414.31 1,085.26 1,661.84

TSE:4783 vs IBM, ACN, FISV: EBIT Comparison

For the Information Technology Services subindustry, NCD 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.


NCD Co EV-to-EBIT vs Software Industry

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

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


TSE:4783
90GF Score
NCD Co Ltd TSE:4783
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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NCD 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2,747 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2,747 Mil mean?
NCD Co (TSE:4783) has a EBIT of 円2,747 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on NCD Co.
Is NCD Co's EBIT too high?
NCD Co's current EBIT is 円2,747 Mil. Overall, NCD Co has a GF Score™ of 90/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does NCD Co's EBIT compare to IBM and ACN?
NCD Co's EBIT of 円2,747 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 NCD Co. NCD Co's current EBIT is 円2,747 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NCD Co stock overvalued right now?
Based on GuruFocus' analysis, NCD Co (TSE:4783) is currently considered Fairly Valued. The stock's GF Value™ is 円2,409.58, compared to a current price of 円2,478.00 — trading 2.8% above its estimated fair value. The current EBIT is 円2,747 Mil. NCD Co's overall GF Score™ is 90/100 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 NCD Co (TSE:4783), the current EBIT is 円2,747 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 NCD Co (TSE:4783) Overvalued in 2026?

Based on GuruFocus' analysis, NCD Co stock appears to be overvalued. The current stock price of 円2,478.00 is trading 2.8% above its estimated GF Value™ of 円2,409.58. GuruFocus considers NCD Co to be Fairly Valued.

Key valuation signals for TSE:4783:

  • EBIT: 円2,747 Mil
  • GF Value™: 円2,409.58 vs. price of 円2,478.00 (2.8% above fair value)
  • GF Score™: 90/100 with 1 warning sign

No single metric tells the full story. See the TSE:4783 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


NCD Co Business Description

Address 4-32-1 Nishigotanda, Shinagawa-ku, Tokyo, JPN, 141-0031
NCD Co Ltd is engaged in IT related business. The businesses of the company are System development business that includes System Construction Solutions, Packaging Solutions, Application maintenance and operation solutions; Support & Service Business that includes Infrastructure Construction Solutions, Infrastructure maintenance and operation solutions, and Business Support Solutions; and Parking system business (bicycle parking lot related business) that includes Construction, operation and management of bicycle parking lots, Sales and operation of bicycle parking management systems, and Bicycle-related comprehensive consulting.
90GF Score

Get the complete analysis for TSE:4783

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

円2,478.00
Price
円2,409.58
GF Value