SEC CARBON (TSE:5304) EBIT: 円4,008 Mil (TTM As of Mar. 2026)

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TSE:5304 SEC CARBON Ltd TSE:5304
65 GF Score
Price 円2,408.00
GF Value 円1,609.88
Valuation Significantly Overvalued
! 3 Warning Signs
View Full Analysis

What is SEC CARBON EBIT?

SEC CARBON TSE:5304 -2.19% 65 EBIT is 円4,008 Mil as of Mar. 2026. GuruFocus rates TSE:5304 with a GF Score™ of 65/100 and a GF Value™ of 円1,609.88 (Significantly Overvalued). The stock has 3 warning signs investors should review.

SEC CARBON's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was 円1,079 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was 円4,008 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. SEC CARBON's annualized ROC % for the quarter that ended in Mar. 2026 was 4.26%. SEC CARBON's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 10.98%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. SEC CARBON's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 12.78%.

SEC CARBON  (TSE:5304) EBIT Explanation

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

SEC CARBON'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: Dec. 2025 ) + Invested Capital (Q: Mar. 2026 ))/ count )
=4316 * ( 1 - 33.01% )/( (69163 + 66686)/ 2 )
=2891.2884/67924.5
=4.26 %

where

Invested Capital(Q: Dec. 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))
=89476 - 3220 - ( 17093 - max(0, 4813 - 44782+17093))
=69163

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))
=87016 - 2797 - ( 17533 - max(0, 4775 - 45663+17533))
=66686

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

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

SEC CARBON'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: Dec. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=4316/( ( (19046 + max(22876, 0)) + (13316 + max(23363, 0)) )/ 2 )
=4316/( ( 41922 + 36679 )/ 2 )
=4316/39300.5
=10.98 %

where Working Capital is:

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(7454 + 19551 + 684) - (3220 + 0 + 1593)
=22876

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(9378 + 18252 + 500) - (2797 + 0 + 1970)
=23363

When net working capital is negative, 0 is used.

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

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=4008/31360.437
=12.78 %

* 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.

SEC CARBON EBIT Related Terms

SEC CARBON EBIT Historical Data

* Premium members only.

The historical data trend for SEC CARBON'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.

SEC CARBON EBIT Chart

SEC CARBON 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 3,728.00 6,490.00 10,217.00 6,823.00 4,008.00

SEC CARBON Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 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 525.00 610.00 970.00 1,349.00 1,079.00

TSE:5304 vs LIN, SHW, ECL: EBIT Comparison

For the Specialty Chemicals subindustry, SEC CARBON'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.

SEC CARBON EV-to-EBIT vs Chemicals Industry

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

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


TSE:5304
65GF Score
SEC CARBON Ltd TSE:5304
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

SEC CARBON 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 quarterly data reported by the company within the most recent 12 months, which was 円4,008 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4,008 Mil mean?
SEC CARBON (TSE:5304) has a EBIT of 円4,008 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on SEC CARBON.
Is SEC CARBON's EBIT too high?
SEC CARBON's current EBIT is 円4,008 Mil. Overall, SEC CARBON has a GF Score™ of 65/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does SEC CARBON's EBIT compare to LIN and SHW?
SEC CARBON's EBIT of 円4,008 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 SEC CARBON. SEC CARBON's current EBIT is 円4,008 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SEC CARBON stock overvalued right now?
Based on GuruFocus' analysis, SEC CARBON (TSE:5304) is currently considered Significantly Overvalued. The stock's GF Value™ is 円1,609.88, compared to a current price of 円2,408.00 — trading 49.6% above its estimated fair value. The current EBIT is 円4,008 Mil. SEC CARBON's overall GF Score™ is 65/100 with 3 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 SEC CARBON (TSE:5304), the current EBIT is 円4,008 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 SEC CARBON (TSE:5304) Overvalued in 2026?

Based on GuruFocus' analysis, SEC CARBON stock appears to be overvalued. The current stock price of 円2,408.00 is trading 49.6% above its estimated GF Value™ of 円1,609.88. GuruFocus considers SEC CARBON to be Significantly Overvalued.

Key valuation signals for TSE:5304:

  • EBIT: 円4,008 Mil
  • GF Value™: 円1,609.88 vs. price of 円2,408.00 (49.6% above fair value)
  • GF Score™: 65/100 with 3 warning signs

No single metric tells the full story. See the TSE:5304 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

SEC CARBON Business Description

Address 1-2-6 Shioe, Amagasaki, Hyogo, JPN
SEC CARBON Ltd engages in the manufacture and sale of carbon products. It offers SK-B graphitized cathode blocks for aluminum smelting; graphite electrodes that are used in electric arc furnaces for steelmaking; and carbon and graphite specialties and materials for use in the semiconductor, aerospace, chemical, electrochemistry, machine, and metallurgy industries. The company also provides the fine powder that is used in various industries, such as paint, sliding materials, metallurgic uses, and batteries.
65GF Score

Get the complete analysis for TSE:5304

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

円2,408.00
Price
円1,609.88
GF Value