Hokkan Holdings (TSE:5902) EBIT: 円5,118 Mil (TTM As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

TSE:5902 Hokkan Holdings Ltd TSE:5902
56 GF Score
Price 円2,431.00
GF Value 円1,711.66
Valuation Significantly Overvalued
! 8 Warning Signs
View Full Analysis

What is Hokkan Holdings EBIT?

Hokkan Holdings TSE:5902 +0.75% 56 EBIT is 円5,118 Mil as of Mar. 2026. GuruFocus rates TSE:5902 with a GF Score™ of 56/100 and a GF Value™ of 円1,711.66 (Significantly Overvalued). The stock has 8 warning signs investors should review.

Hokkan Holdings's earnings before interest and taxes (EBIT) for the six months ended in Mar. 2026 was 円-46 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was 円5,118 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Hokkan Holdings's annualized ROC % for the quarter that ended in Mar. 2026 was -0.29%. Hokkan Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was -0.11%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Hokkan Holdings's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 7.31%.


Hokkan Holdings  (TSE:5902) EBIT Explanation

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

Hokkan Holdings'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 )
=-992 * ( 1 - 67.42% )/( (109856 + 112883)/ 2 )
=-323.1936/111369.5
=-0.29 %

where

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:

Hokkan Holdings'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 )
=-92/( ( (64368 + max(17642, 0)) + (66632 + max(16815, 0)) )/ 2 )
=-92/( ( 82010 + 83447 )/ 2 )
=-92/82728.5
=-0.11 %

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)
=(23306 + 10513 + 7675) - (17561 + 0 + 6291)
=17642

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(21422 + 10926 + 6970) - (15629 + 0 + 6874)
=16815

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=5118/70030.618
=7.31 %

* 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.


Hokkan Holdings EBIT Related Terms


Hokkan Holdings EBIT Historical Data

* Premium members only.

The historical data trend for Hokkan Holdings'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.

Hokkan Holdings EBIT Chart

Hokkan Holdings 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 -1,306.00 245.00 3,840.00 4,987.00 5,118.00

Hokkan Holdings 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 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 -852.00 4,779.00 208.00 5,164.00 -46.00

TSE:5902 vs SW, PKG, IP: EBIT Comparison

For the Packaging & Containers subindustry, Hokkan Holdings'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.


Hokkan Holdings EV-to-EBIT vs Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Hokkan Holdings's EV-to-EBIT distribution charts can be found below:

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


TSE:5902
56GF Score
Hokkan Holdings Ltd TSE:5902
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Hokkan Holdings 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5,118 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5,118 Mil mean?
Hokkan Holdings (TSE:5902) has a EBIT of 円5,118 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Hokkan Holdings.
Is Hokkan Holdings' EBIT too high?
Hokkan Holdings' current EBIT is 円5,118 Mil. Overall, Hokkan Holdings has a GF Score™ of 56/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hokkan Holdings' EBIT compare to SW and PKG?
Hokkan Holdings' EBIT of 円5,118 Mil can be compared against companies in the Packaging & Containers 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 Packaging & Containers company?
A good EBIT depends on the Packaging & Containers 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 Hokkan Holdings. Hokkan Holdings's current EBIT is 円5,118 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hokkan Holdings stock overvalued right now?
Based on GuruFocus' analysis, Hokkan Holdings (TSE:5902) is currently considered Significantly Overvalued. The stock's GF Value™ is 円1,711.66, compared to a current price of 円2,431.00 — trading 42% above its estimated fair value. The current EBIT is 円5,118 Mil. Hokkan Holdings' overall GF Score™ is 56/100 with 8 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 Hokkan Holdings (TSE:5902), the current EBIT is 円5,118 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 Hokkan Holdings (TSE:5902) Overvalued in 2026?

Based on GuruFocus' analysis, Hokkan Holdings stock appears to be overvalued. The current stock price of 円2,431.00 is trading 42% above its estimated GF Value™ of 円1,711.66. GuruFocus considers Hokkan Holdings to be Significantly Overvalued.

Key valuation signals for TSE:5902:

  • EBIT: 円5,118 Mil
  • GF Value™: 円1,711.66 vs. price of 円2,431.00 (42% above fair value)
  • GF Score™: 56/100 with 8 warning signs

No single metric tells the full story. See the TSE:5902 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Hokkan Holdings Business Description

Address 2-1-1 Muromachi, Nihonbashi, Chuo-ku, 13th floor, Nihonbashi Mitsui Tower, Tokyo, JPN, 100-0005
Hokkan Holdings Ltd is engaged in the packaging and container business. The company's division includes the Container business, Filling business, Overseas business, and Others. The container business includes containers for food and beverages. The filling business consists of containers for various drinks consignment filling, and the Overseas Business, which manufactures and sells beverage packaging overseas, and manufactures beverages on a contract basis.
56GF Score

Get the complete analysis for TSE:5902

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

円2,431.00
Price
円1,711.66
GF Value