Nippon Shikizai (TSE:4920) EBIT: 円597 Mil (TTM As of Feb. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

TSE:4920 Nippon Shikizai Inc TSE:4920
60 GF Score
Price 円1,114.00
GF Value 円1,688.18
Valuation Possible Value Trap
! 5 Warning Signs
View Full Analysis

What is Nippon Shikizai EBIT?

Nippon Shikizai TSE:4920 -1.07% 60 EBIT is 円597 Mil as of Feb. 2026. GuruFocus rates TSE:4920 with a GF Score™ of 60/100 and a GF Value™ of 円1,688.18 (Possible Value Trap). The stock has 5 warning signs investors should review.

Nippon Shikizai's earnings before interest and taxes (EBIT) for the three months ended in Feb. 2026 was 円189 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Feb. 2026 was 円597 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Nippon Shikizai's annualized ROC % for the quarter that ended in Feb. 2026 was 3.19%. Nippon Shikizai's annualized ROC (Joel Greenblatt) % for the quarter that ended in Feb. 2026 was 6.39%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Nippon Shikizai's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Feb. 2026 was 5.20%.


Nippon Shikizai  (TSE:4920) EBIT Explanation

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

Nippon Shikizai'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: Nov. 2025 ) + Invested Capital (Q: Feb. 2026 ))/ count )
=658.632 * ( 1 - 20.74% )/( (16345.756 + 16415.287)/ 2 )
=522.0317232/16380.5215
=3.19 %

where

Invested Capital(Q: Nov. 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))
=16755.387 - 919.341 - ( 915.188 - max(0, 7753.313 - 7243.603+915.188))
=16345.756

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))
=17566.61 - 1662.942 - ( 1093.446 - max(0, 8476.741 - 7965.122+1093.446))
=16415.287

Note: The Operating Income data used here is four times the quarterly (Feb. 2026) data.

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

Nippon Shikizai'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: Nov. 2025  Q: Feb. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=757.584/( ( (8693.885 + max(2581.694, 0)) + (8774.38 + max(3669.647, 0)) )/ 2 )
=757.584/( ( 11275.579 + 12444.027 )/ 2 )
=757.584/11859.803
=6.39 %

where Working Capital is:

Working Capital(Q: Nov. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(2220.356 + 3468.916 + 639.143) - (919.341 + 0 + 2827.38)
=2581.694

Working Capital(Q: Feb. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(3172.556 + 3095.229 + 603.891) - (1662.942 + 0 + 1539.087)
=3669.647

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Feb. 2026) EBIT data.

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Feb. 2026 )
=596.625/11469.423
=5.20 %

* 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.


Nippon Shikizai EBIT Related Terms


Nippon Shikizai EBIT Historical Data

* Premium members only.

The historical data trend for Nippon Shikizai'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.

Nippon Shikizai EBIT Chart

Nippon Shikizai Annual Data
Trend Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24 Feb25 Feb26
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1.87 296.51 414.27 533.03 589.25

Nippon Shikizai Quarterly Data
May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Feb25 May25 Aug25 Nov25 Feb26 May26
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 117.93 49.02 232.90 189.40 125.31

TSE:4920 vs PG, CL, KVUE: EBIT Comparison

For the Household & Personal Products subindustry, Nippon Shikizai'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.


Nippon Shikizai EV-to-EBIT vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Nippon Shikizai's EV-to-EBIT distribution charts can be found below:

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


TSE:4920
60GF Score
Nippon Shikizai Inc TSE:4920
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nippon Shikizai 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 quarterly data reported by the company within the most recent 12 months, which was 円597 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597 Mil mean?
Nippon Shikizai (TSE:4920) has a EBIT of 円597 Mil as of Feb. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Nippon Shikizai.
Is Nippon Shikizai's EBIT too high?
Nippon Shikizai's current EBIT is 円597 Mil. Overall, Nippon Shikizai has a GF Score™ of 60/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Nippon Shikizai's EBIT compare to PG and CL?
Nippon Shikizai's EBIT of 円597 Mil can be compared against companies in the Consumer Packaged Goods 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 Consumer Packaged Goods company?
A good EBIT depends on the Consumer Packaged Goods 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 Nippon Shikizai. Nippon Shikizai's current EBIT is 円597 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nippon Shikizai stock overvalued right now?
Based on GuruFocus' analysis, Nippon Shikizai (TSE:4920) is currently considered Possible Value Trap. The stock's GF Value™ is 円1,688.18, compared to a current price of 円1,114.00 — trading 34% below its estimated fair value. The current EBIT is 円597 Mil. Nippon Shikizai's overall GF Score™ is 60/100 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 Nippon Shikizai (TSE:4920), the current EBIT is 円597 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 Nippon Shikizai (TSE:4920) Overvalued in 2026?

Based on GuruFocus' analysis, Nippon Shikizai stock appears to be undervalued. The current stock price of 円1,114.00 is trading 34% below its estimated GF Value™ of 円1,688.18. GuruFocus considers Nippon Shikizai to be Possible Value Trap.

Key valuation signals for TSE:4920:

  • EBIT: 円597 Mil
  • GF Value™: 円1,688.18 vs. price of 円1,114.00 (34% below fair value)
  • GF Score™: 60/100 with 5 warning signs

No single metric tells the full story. See the TSE:4920 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Nippon Shikizai Business Description

Address 5-3-13, Mita, Minato-ku, Tokyo, JPN
Nippon Shikizai Inc. is a cosmetics manufacturing service solution provider. It offers products for the face, lips, eyes and skin. The product portfolio of the company includes lipstick, lip liner, lipgloss, powder eye shadow, cream eye shadow, mascara, concealer, highlighter, cleanser, scrub, sunscreen and other products.
60GF Score

Get the complete analysis for TSE:4920

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

円1,114.00
Price
円1,688.18
GF Value