TOTO (TSE:5332) EBIT: 円59,397 Mil (TTM As of Mar. 2026)


TSE:5332 TOTO Ltd TSE:5332
68 GF Score
Price 円8,533.00
GF Value 円4,184.05
Valuation Significantly Overvalued
! 7 Warning Signs
View Full Analysis

What is TOTO EBIT?

TOTO TSE:5332 -3.78% 68 EBIT is 円59,397 Mil as of Mar. 2026. GuruFocus rates TSE:5332 with a GF Score™ of 68/100 and a GF Value™ of 円4,184.05 (Significantly Overvalued). The stock has 7 warning signs investors should review.

TOTO's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was 円16,336 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was 円59,397 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. TOTO's annualized ROC % for the quarter that ended in Mar. 2026 was 6.48%. TOTO's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 20.39%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. TOTO's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 4.42%.


TOTO  (TSE:5332) EBIT Explanation

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

TOTO'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 )
=53356 * ( 1 - 28.04% )/( (601773 + 583323)/ 2 )
=38394.9776/592548
=6.48 %

where

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

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

TOTO'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 )
=65344/( ( (259185 + max(46643, 0)) + (267941 + max(67326, 0)) )/ 2 )
=65344/( ( 305828 + 335267 )/ 2 )
=65344/320547.5
=20.39 %

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)
=(105567 + 122259 + 13510) - (82091 + 0 + 112602)
=46643

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(103192 + 121615 + 14440) - (111305 + 0 + 60616)
=67326

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=59397/1343582.116
=4.42 %

* 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.


TOTO EBIT Related Terms


TOTO EBIT Historical Data

* Premium members only.

The historical data trend for TOTO'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.

TOTO EBIT Chart

TOTO 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 57,985.00 60,051.00 54,443.00 24,649.00 59,397.00

TOTO 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 -28,203.00 8,879.00 5,815.00 28,367.00 16,336.00

TSE:5332 vs TT, JCI, CARR: EBIT Comparison

For the Building Products & Equipment subindustry, TOTO'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.


TOTO EV-to-EBIT vs Construction Industry

For the Construction industry and Industrials sector, TOTO's EV-to-EBIT distribution charts can be found below:

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


TSE:5332
68GF Score
TOTO Ltd TSE:5332
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

TOTO 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59,397 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59,397 Mil mean?
TOTO (TSE:5332) has a EBIT of 円59,397 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on TOTO.
Is TOTO's EBIT too high?
TOTO's current EBIT is 円59,397 Mil. Overall, TOTO has a GF Score™ of 68/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does TOTO's EBIT compare to TT and JCI?
TOTO's EBIT of 円59,397 Mil can be compared against companies in the Construction 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 Construction company?
A good EBIT depends on the Construction 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 TOTO. TOTO's current EBIT is 円59,397 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TOTO stock overvalued right now?
Based on GuruFocus' analysis, TOTO (TSE:5332) is currently considered Significantly Overvalued. The stock's GF Value™ is 円4,184.05, compared to a current price of 円8,533.00 — trading 103.9% above its estimated fair value. The current EBIT is 円59,397 Mil. TOTO's overall GF Score™ is 68/100 with 7 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 TOTO (TSE:5332), the current EBIT is 円59,397 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 TOTO (TSE:5332) Overvalued in 2026?

Based on GuruFocus' analysis, TOTO stock appears to be overvalued. The current stock price of 円8,533.00 is trading 103.9% above its estimated GF Value™ of 円4,184.05. GuruFocus considers TOTO to be Significantly Overvalued.

Key valuation signals for TSE:5332:

  • EBIT: 円59,397 Mil
  • GF Value™: 円4,184.05 vs. price of 円8,533.00 (103.9% above fair value)
  • GF Score™: 68/100 with 7 warning signs

No single metric tells the full story. See the TSE:5332 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


TOTO Business Description

Other Exchanges TOTDY:USATOTDF:USA
Address 2-1-1 Nakajima, Kokurakita Ward, Fukuoka Prefecture, Kitakyushu, JPN, 802-8601
TOTO Ltd manufactures and sells bathroom materials for maintenance, improvement, construction, and home improvement projects. The company's product portfolio includes toilets, urinals, sinks, plumbing accessories, bathtubs, unit bathrooms, faucets, drain fittings, marble counters, and electric water heaters, and others.. The firm organizes itself based on geography and operates through six business segments, which include the Japan Housing Equipment Business segment, the Mainland China Business segment, the Asia and Oceania Business segment, the Americas Business segment, the Europe Business segment, and the New field business - Ceramic business.. It generates the majority of its revenue from the Japan Housing Equipment Business segment.
68GF Score

Get the complete analysis for TSE:5332

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

円8,533.00
Price
円4,184.05
GF Value