MEC Co (TSE:4971) EBIT: 円7,888 Mil (TTM As of Jun. 2026)

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TSE:4971 MEC Co Ltd TSE:4971
96 GF Score
Price 円7,540.00
GF Value 円6,508.09
Valuation Modestly Overvalued
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What is MEC Co EBIT?

MEC Co TSE:4971 -4.07% 96 EBIT is 円7,888 Mil as of Jun. 2026. GuruFocus rates TSE:4971 with a GF Score™ of 96/100 and a GF Value™ of 円6,508.09 (Modestly Overvalued).

MEC Co's earnings before interest and taxes (EBIT) for the three months ended in Jun. 2026 was 円2,159 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2026 was 円7,888 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. MEC Co's annualized ROC % for the quarter that ended in Jun. 2026 was 21.70%. MEC Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was 50.15%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. MEC Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was 6.28%.


MEC Co  (TSE:4971) EBIT Explanation

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

MEC Co's annualized ROC % for the quarter that ended in Jun. 2026 is calculated as:

ROC % (Q: Jun. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Mar. 2026 ) + Invested Capital (Q: Jun. 2026 ))/ count )
=8223.44 * ( 1 - 30.04% )/( (24573.842 + 28450.515)/ 2 )
=5753.118624/26512.1785
=21.70 %

where

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))
=37955.663 - 3267.142 - ( 10114.679 - max(0, 4806.161 - 19544.781+10114.679))
=24573.842

Invested Capital(Q: Jun. 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))
=44206.188 - 3772.147 - ( 11983.526 - max(0, 5289.315 - 21331.215+11983.526))
=28450.515

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

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

MEC Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2026 is calculated as:

ROC (Joel Greenblatt) %(Q: Jun. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Mar. 2026  Q: Jun. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=8636.048/( ( (12664.166 + max(4623.941, 0)) + (13095.006 + max(4058.374, 0)) )/ 2 )
=8636.048/( ( 17288.107 + 17153.38 )/ 2 )
=8636.048/17220.7435
=50.15 %

where Working Capital is:

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(6881.524 + 2019.293 + 529.285) - (3267.142 + 0 + 1539.019)
=4623.941

Working Capital(Q: Jun. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(6571.008 + 2295.22 + 481.461) - (3772.147 + 0 + 1517.168)
=4058.374

When net working capital is negative, 0 is used.

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

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jun. 2026 )
=7887.528/125695.117
=6.28 %

* 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.


MEC Co EBIT Related Terms


MEC Co EBIT Historical Data

* Premium members only.

The historical data trend for MEC 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.

MEC Co EBIT Chart

MEC Co Annual Data
Trend Mar16 Mar17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4,093.20 4,225.22 3,219.59 4,671.11 6,479.49

MEC Co Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 1,835.51 1,869.09 1,717.17 2,142.26 2,159.01

TSE:4971 vs LIN, SHW, ECL: EBIT Comparison

For the Specialty Chemicals subindustry, MEC 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.


MEC Co EV-to-EBIT vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, MEC Co's EV-to-EBIT distribution charts can be found below:

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


TSE:4971
96GF Score
MEC Co Ltd TSE:4971
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

MEC 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 Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was 円7,888 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7,888 Mil mean?
MEC Co (TSE:4971) has a EBIT of 円7,888 Mil as of Jun. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on MEC Co.
Is MEC Co's EBIT too high?
MEC Co's current EBIT is 円7,888 Mil. Overall, MEC Co has a GF Score™ of 96/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does MEC Co's EBIT compare to LIN and SHW?
MEC Co's EBIT of 円7,888 Mil can be compared against companies in the Chemicals 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 Chemicals company?
A good EBIT depends on the Chemicals 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 MEC Co. MEC Co's current EBIT is 円7,888 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MEC Co stock overvalued right now?
Based on GuruFocus' analysis, MEC Co (TSE:4971) is currently considered Modestly Overvalued. The stock's GF Value™ is 円6,508.09, compared to a current price of 円7,540.00 — trading 15.9% above its estimated fair value. The current EBIT is 円7,888 Mil. MEC Co's overall GF Score™ is 96/100. 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 MEC Co (TSE:4971), the current EBIT is 円7,888 Mil as of Jun. 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 MEC Co (TSE:4971) Overvalued in 2026?

Based on GuruFocus' analysis, MEC Co stock appears to be overvalued. The current stock price of 円7,540.00 is trading 15.9% above its estimated GF Value™ of 円6,508.09. GuruFocus considers MEC Co to be Modestly Overvalued.

Key valuation signals for TSE:4971:

  • EBIT: 円7,888 Mil
  • GF Value™: 円6,508.09 vs. price of 円7,540.00 (15.9% above fair value)
  • GF Score™: 96/100

No single metric tells the full story. See the TSE:4971 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


MEC Co Business Description

Other Exchanges MECGF:USA
Address 3-4-1, Kuise Minamishimmachi, Hyogo Prefecture, Amagasaki, JPN, 660-0822
MEC Co Ltd is a Japan-based chemical manufacturer. The company manufacture and sale of chemicals for electronic circuit boards and electronic components, as well as the sale of machinery and materials for electronic circuit boards. Its products are used in automobile, smartphone, and computer. Its products used in Chemicals for electronic substrates and AMALPHA : Resin-to-metal bonding technology from MEC.
96GF Score

Get the complete analysis for TSE:4971

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

円7,540.00
Price
円6,508.09
GF Value