TVE Co (TSE:6466) EBIT: 円1,606 Mil (TTM As of Mar. 2026)


TSE:6466 TVE Co Ltd TSE:6466
60 GF Score
Price 円4,370.00
GF Value 円2,433.51
Valuation Significantly Overvalued
! 2 Warning Signs
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What is TVE Co EBIT?

TVE Co TSE:6466 60 EBIT is 円1,606 Mil as of Mar. 2026. GuruFocus rates TSE:6466 with a GF Score™ of 60/100 and a GF Value™ of 円2,433.51 (Significantly Overvalued). The stock has 2 warning signs investors should review.

TVE Co's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was 円545 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was 円1,606 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. TVE Co's annualized ROC % for the quarter that ended in Mar. 2026 was 8.17%. TVE Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 25.55%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. TVE Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 21.44%.

TVE Co  (TSE:6466) EBIT Explanation

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

TVE Co'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 )
=1835.824 * ( 1 - 41.31% )/( (13060.721 + 13318.428)/ 2 )
=1077.4451056/13189.5745
=8.17 %

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))
=15973.217 - 738.97 - ( 2173.526 - max(0, 2284.539 - 7399.896+2173.526))
=13060.721

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))
=17201.702 - 1045.998 - ( 2837.276 - max(0, 2597.089 - 8003.075+2837.276))
=13318.428

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

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

TVE Co'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 )
=2178.732/( ( (5698.629 + max(3044.35, 0)) + (5668.083 + max(2643.71, 0)) )/ 2 )
=2178.732/( ( 8742.979 + 8311.793 )/ 2 )
=2178.732/8527.386
=25.55 %

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)
=(2633.154 + 2487.825 + 105.391) - (738.97 + 0 + 1443.05)
=3044.35

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(2862.161 + 2211.739 + 91.899) - (1045.998 + 0 + 1476.091)
=2643.71

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=1605.575/7488.804
=21.44 %

* 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.

TVE Co EBIT Related Terms

TVE Co EBIT Historical Data

* Premium members only.

The historical data trend for TVE Co'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.

TVE Co EBIT Chart

TVE Co Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 768.70 28.18 601.89 1,113.70 916.89

TVE Co Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 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 0.00 577.60 75.43 407.87 544.68

TSE:6466 vs GEV, ETN, PH: EBIT Comparison

For the Specialty Industrial Machinery subindustry, TVE Co'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.

TVE Co EV-to-EBIT vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, TVE Co's EV-to-EBIT distribution charts can be found below:

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


TSE:6466
60GF Score
TVE Co Ltd TSE:6466
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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TVE Co 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1,606 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1,606 Mil mean?
TVE Co (TSE:6466) has a EBIT of 円1,606 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on TVE Co.
Is TVE Co's EBIT too high?
TVE Co's current EBIT is 円1,606 Mil. Overall, TVE Co has a GF Score™ of 60/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does TVE Co's EBIT compare to GEV and ETN?
TVE Co's EBIT of 円1,606 Mil can be compared against companies in the Industrial Products 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 Industrial Products company?
A good EBIT depends on the Industrial Products 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 TVE Co. TVE Co's current EBIT is 円1,606 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TVE Co stock overvalued right now?
Based on GuruFocus' analysis, TVE Co (TSE:6466) is currently considered Significantly Overvalued. The stock's GF Value™ is 円2,433.51, compared to a current price of 円4,370.00 — trading 79.6% above its estimated fair value. The current EBIT is 円1,606 Mil. TVE Co's overall GF Score™ is 60/100 with 2 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 TVE Co (TSE:6466), the current EBIT is 円1,606 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 TVE Co (TSE:6466) Overvalued in 2026?

Based on GuruFocus' analysis, TVE Co stock appears to be overvalued. The current stock price of 円4,370.00 is trading 79.6% above its estimated GF Value™ of 円2,433.51. GuruFocus considers TVE Co to be Significantly Overvalued.

Key valuation signals for TSE:6466:

  • EBIT: 円1,606 Mil
  • GF Value™: 円2,433.51 vs. price of 円4,370.00 (79.6% above fair value)
  • GF Score™: 60/100 with 2 warning signs

No single metric tells the full story. See the TSE:6466 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

TVE Co Business Description

Address 5-12-1, Nishitachibana-cho, Amagasaki-shi, Hyogo, Amagasaki, JPN, 660-0054
TVE Co Ltd is engaged in the manufacture and sale of various valves and cast steel products, and maintenance work of various valves. The products of the company include safety valve, relief valve, sluice valve, check valve, special valve, and globe valve.
60GF Score

Get the complete analysis for TSE:6466

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

円4,370.00
Price
円2,433.51
GF Value