Rebase (TSE:5138) EBIT: 円100 Mil (TTM As of Mar. 2026)


TSE:5138 Rebase Inc TSE:5138
72 GF Score
Price 円370.00
GF Value 円1,592.82
Valuation Possible Value Trap
! 5 Warning Signs
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What is Rebase EBIT?

Rebase TSE:5138 -4.15% 72 EBIT is 円100 Mil as of Mar. 2026. GuruFocus rates TSE:5138 with a GF Score™ of 72/100 and a GF Value™ of 円1,592.82 (Possible Value Trap). The stock has 5 warning signs investors should review.

Rebase's earnings before interest and taxes (EBIT) for the six months ended in Mar. 2026 was 円34 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was 円100 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Rebase's annualized ROC % for the quarter that ended in Mar. 2026 was 4.93%. Rebase's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 29.87%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Rebase's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 13.78%.


Rebase  (TSE:5138) EBIT Explanation

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

Rebase'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 )
=61.66 * ( 1 - 13.03% )/( (811.549 + 1363.233)/ 2 )
=53.625702/1087.391
=4.93 %

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))
=1785.727 - 135.806 - ( 1187.818 - max(0, 526.926 - 1365.298+1187.818))
=811.549

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))
=2272.816 - 418.304 - ( 1192.81 - max(0, 971.619 - 1462.898+1192.81))
=1363.233

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:

Rebase'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 )
=67.398/( ( (38.856 + max(-349.446, 0)) + (412.352 + max(-601.531, 0)) )/ 2 )
=67.398/( ( 38.856 + 412.352 )/ 2 )
=67.398/225.604
=29.87 %

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)
=(122.201 + 0.079 + 55.2) - (135.806 + 0 + 391.12)
=-349.446

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(160.221 + 0.053 + 109.814) - (418.304 + 0 + 453.315)
=-601.531

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=100.044/726.094
=13.78 %

* 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.


Rebase EBIT Related Terms


Rebase EBIT Historical Data

* Premium members only.

The historical data trend for Rebase'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.

Rebase EBIT Chart

Rebase Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
EBIT
Get a 7-Day Free Trial 206.99 248.60 335.11 491.84 100.04

Rebase Semi-Annual Data
Mar21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only 200.75 213.77 278.08 66.35 33.70

TSE:5138 vs GOOGL, META, SPOT: EBIT Comparison

For the Internet Content & Information subindustry, Rebase'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.


Rebase EV-to-EBIT vs Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Rebase's EV-to-EBIT distribution charts can be found below:

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


TSE:5138
72GF Score
Rebase Inc TSE:5138
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Rebase 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100 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100 Mil mean?
Rebase (TSE:5138) has a EBIT of 円100 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Rebase.
Is Rebase's EBIT too high?
Rebase's current EBIT is 円100 Mil. Overall, Rebase has a GF Score™ of 72/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Rebase's EBIT compare to GOOGL and META?
Rebase's EBIT of 円100 Mil can be compared against companies in the Interactive Media 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 an Interactive Media company?
A good EBIT depends on the Interactive Media 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 Rebase. Rebase's current EBIT is 円100 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Rebase stock overvalued right now?
Based on GuruFocus' analysis, Rebase (TSE:5138) is currently considered Possible Value Trap. The stock's GF Value™ is 円1,592.82, compared to a current price of 円370.00 — trading 76.8% below its estimated fair value. The current EBIT is 円100 Mil. Rebase's overall GF Score™ is 72/100 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 Rebase (TSE:5138), the current EBIT is 円100 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 Rebase (TSE:5138) Overvalued in 2026?

Based on GuruFocus' analysis, Rebase stock appears to be undervalued. The current stock price of 円370.00 is trading 76.8% below its estimated GF Value™ of 円1,592.82. GuruFocus considers Rebase to be Possible Value Trap.

Key valuation signals for TSE:5138:

  • EBIT: 円100 Mil
  • GF Value™: 円1,592.82 vs. price of 円370.00 (76.8% below fair value)
  • GF Score™: 72/100 with 5 warning signs

No single metric tells the full story. See the TSE:5138 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Rebase Business Description

Address 4-26-18 Jingumae, 5th Floor, Harajuku Piazza Building, Shibuya-ku, Tokyo, JPN, 150-0001
Rebase Inc is engaged in the development and operation of the online marketplace Instabase, a platform for matching open rooms to users who can rent them either on an hourly or daily basis, as well as other related businesses. It is a matching service offering that allows customers to make reservations online from their computer or smartphone. Instabase offers a wide variety of spaces, including conference rooms, telework spaces, old houses, photography studios, and dance studios, depending on the usage scenario. In addition, the space can be used for business purposes such as meetings, business negotiations, seminars, training, and study sessions, as well as yoga and dance lessons, photography, home activities, and more.
72GF Score

Get the complete analysis for TSE:5138

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

円370.00
Price
円1,592.82
GF Value