YAMAX (TSE:5285) EBIT: 円2,967 Mil (TTM As of Mar. 2026)

What is YAMAX EBIT?

YAMAX TSE:5285 +1.74% 72 EBIT is 円2,967 Mil as of Mar. 2026. GuruFocus rates TSE:5285 with a GF Score™ of 72/100 and a GF Value™ of 円1,724.55 (Modestly Undervalued).

YAMAX's earnings before interest and taxes (EBIT) for the six months ended in Mar. 2026 was 円1,520 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was 円2,967 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. YAMAX's annualized ROC % for the quarter that ended in Mar. 2026 was 17.33%. YAMAX's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 33.56%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. YAMAX's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 24.01%.

YAMAX (TSE:5285) EBIT Explanation

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

YAMAX'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 )
=	3014.898 * ( 1 - 27.28% )	/	( (12955.768	+	12352.066)	/ 2 )
=	2192.4338256	/	12653.917
=	17.33 %

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	))
=	17405.701	-	2889.527	-	( 1560.406	-	max(0, 7067.027	-	10365.003	+	1560.406	))
=	12955.768

	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	))
=	16814.469	-	2619.613	-	( 1842.79	-	max(0, 5463.733	-	9751.644	+	1842.79	))
=	12352.066

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:

YAMAX'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 )
=	3039.474	/	( ( (5955.826 + max(3047.558, 0))	+	(5917.383 + max(3191.602, 0)) )	/	2 )
=	3039.474	/	( ( 9003.384	+	9108.985 )	/	2 )
=	3039.474	/	9056.1845
=	33.56 %

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)
=	(4745.488	+	3197.377	+	861.732)	-	(2889.527	+	0	+	2867.512)
=	3047.558

	Working Capital		(Q: Mar. 2026 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(3768.005	+	2703.175	+	844.293)	-	(2619.613	+	0	+	1504.258)
=	3191.602

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:

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

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Mar. 2026 )
	=	2966.725	/	12358.078
	=	24.01 %

* 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.

YAMAX EBIT Related Terms

YAMAX EBIT Historical Data

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The historical data trend for YAMAX's EBIT can be seen below:

YAMAX EBIT Chart

YAMAX Annual Data

Trend

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Mar25

Mar26

EBIT

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553.79

847.56

1,851.16

2,751.71

2,966.73

YAMAX 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															1,147.78	1,201.49	1,550.23	1,446.99	1,519.74

TSE:5285 vs CRH, VMC, MLM: EBIT Comparison

For the Building Materials subindustry, YAMAX'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.

YAMAX EV-to-EBIT vs Building Materials Industry

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

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

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72GF Score

YAMAX Corp TSE:5285

EBIT is just one metric. See GF Score™, valuation, warning signs, and more.

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YAMAX 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2,967 Mil.

Frequently Asked Questions Learn more about EBIT →

What does a EBIT of 円2,967 Mil mean?

YAMAX (TSE:5285) has a EBIT of 円2,967 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on YAMAX.

Is YAMAX's EBIT too high?

YAMAX's current EBIT is 円2,967 Mil. Overall, YAMAX has a GF Score™ of 72/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.

How does YAMAX's EBIT compare to CRH and VMC?

YAMAX's EBIT of 円2,967 Mil can be compared against companies in the Building Materials 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 Building Materials company?

A good EBIT depends on the Building Materials 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 YAMAX. YAMAX's current EBIT is 円2,967 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is YAMAX stock overvalued right now?

Based on GuruFocus' analysis, YAMAX (TSE:5285) is currently considered Modestly Undervalued. The stock's GF Value™ is 円1,724.55, compared to a current price of 円1,283.00 — trading 25.6% below its estimated fair value. The current EBIT is 円2,967 Mil. YAMAX's overall GF Score™ is 72/100. 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 YAMAX (TSE:5285), the current EBIT is 円2,967 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 YAMAX (TSE:5285) Overvalued in 2026?

Based on GuruFocus' analysis, YAMAX stock appears to be undervalued. The current stock price of 円1,283.00 is trading 25.6% below its estimated GF Value™ of 円1,724.55. GuruFocus considers YAMAX to be Modestly Undervalued.

Key valuation signals for TSE:5285:

EBIT: 円2,967 Mil
GF Value™: 円1,724.55 vs. price of 円1,283.00 (25.6% below fair value)
GF Score™: 72/100

No single metric tells the full story. See the TSE:5285 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

YAMAX Business Description

Industry Basic Materials Building Materials

Comparable Companies TSE:5282 TSE:5284 TSE:5388 TSE:8104 TSE:5269 TSE:7461 TSE:3157 TSE:5283 TSE:9812 TSE:8007 CRH XSWX:HOLN XTER:HEI VMC BOM:532538 MLM XSWX:AMRZ SHSE:600176 NSE:GRASIM MEX:CEMEXCPO

Address 3-9-5 Suizenji, Chuo-ku, Kumamoto Prefecture, Kumamoto, JPN

Website https://www.yamax.co.jp

YAMAX Corp is engaged in the civil engineering cement and architectural concrete products. The company involves in the manufacture and sale of secondary concrete products for civil engineering, and sale and construction of associated products and materials. The company is also engaged in real estate-related businesses such as construction and sales of wooden houses, sales of real estate and development of housing sites.

72GF Score

Get the complete analysis for TSE:5285

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

円1,283.00

Price

円1,724.55

GF Value

View TSE:5285 Analysis

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