Leader Electronics (TSE:6867) EBIT: 円178 Mil (TTM As of Mar. 2026)


TSE:6867 Leader Electronics Corp TSE:6867
64 GF Score
Price 円406.00
GF Value 円416.35
Valuation Fairly Valued
! 5 Warning Signs
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What is Leader Electronics EBIT?

Leader Electronics TSE:6867 -1.46% 64 EBIT is 円178 Mil as of Mar. 2026. GuruFocus rates TSE:6867 with a GF Score™ of 64/100 and a GF Value™ of 円416.35 (Fairly Valued). The stock has 5 warning signs investors should review.

Leader Electronics's earnings before interest and taxes (EBIT) for the six months ended in Mar. 2026 was 円184 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was 円178 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Leader Electronics's annualized ROC % for the quarter that ended in Mar. 2026 was 2.89%. Leader Electronics's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 15.84%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Leader Electronics's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 37.60%.


Leader Electronics  (TSE:6867) EBIT Explanation

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

Leader Electronics'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 )
=147.494 * ( 1 - 33.71% )/( (3526.303 + 3237.121)/ 2 )
=97.7737726/3381.712
=2.89 %

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))
=4544.486 - 261.761 - ( 756.422 - max(0, 976.947 - 3307.73+756.422))
=3526.303

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))
=4881.799 - 333.993 - ( 1310.685 - max(0, 683.231 - 3677.001+1310.685))
=3237.121

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:

Leader Electronics'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 )
=368.326/( ( (490.57 + max(1985.686, 0)) + (471.958 + max(1701.209, 0)) )/ 2 )
=368.326/( ( 2476.256 + 2173.167 )/ 2 )
=368.326/2324.7115
=15.84 %

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)
=(1043.198 + 762.034 + 746.076) - (261.761 + 0 + 303.861)
=1985.686

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(774.522 + 844.511 + 747.283) - (333.993 + 0 + 331.114)
=1701.209

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=177.901/473.119
=37.60 %

* 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.


Leader Electronics EBIT Related Terms


Leader Electronics EBIT Historical Data

* Premium members only.

The historical data trend for Leader Electronics'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.

Leader Electronics EBIT Chart

Leader Electronics 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 156.53 -624.89 238.24 -208.99 177.90

Leader Electronics 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 78.81 -287.20 78.21 -6.26 184.16

TSE:6867 vs COHR, KEYS, GRMN: EBIT Comparison

For the Scientific & Technical Instruments subindustry, Leader Electronics'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.


Leader Electronics EV-to-EBIT vs Hardware Industry

For the Hardware industry and Technology sector, Leader Electronics's EV-to-EBIT distribution charts can be found below:

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


TSE:6867
64GF Score
Leader Electronics Corp TSE:6867
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Leader Electronics 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178 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178 Mil mean?
Leader Electronics (TSE:6867) has a EBIT of 円178 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Leader Electronics.
Is Leader Electronics' EBIT too high?
Leader Electronics' current EBIT is 円178 Mil. Overall, Leader Electronics has a GF Score™ of 64/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Leader Electronics' EBIT compare to COHR and KEYS?
Leader Electronics' EBIT of 円178 Mil can be compared against companies in the Hardware 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 Hardware company?
A good EBIT depends on the Hardware 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 Leader Electronics. Leader Electronics's current EBIT is 円178 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Leader Electronics stock overvalued right now?
Based on GuruFocus' analysis, Leader Electronics (TSE:6867) is currently considered Fairly Valued. The stock's GF Value™ is 円416.35, compared to a current price of 円406.00 — trading 2.5% below its estimated fair value. The current EBIT is 円178 Mil. Leader Electronics' overall GF Score™ is 64/100 with 5 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 Leader Electronics (TSE:6867), the current EBIT is 円178 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 Leader Electronics (TSE:6867) Overvalued in 2026?

Based on GuruFocus' analysis, Leader Electronics stock appears to be undervalued. The current stock price of 円406.00 is trading 2.5% below its estimated GF Value™ of 円416.35. GuruFocus considers Leader Electronics to be Fairly Valued.

Key valuation signals for TSE:6867:

  • EBIT: 円178 Mil
  • GF Value™: 円416.35 vs. price of 円406.00 (2.5% below fair value)
  • GF Score™: 64/100 with 5 warning signs

No single metric tells the full story. See the TSE:6867 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Leader Electronics Business Description

Address 2-6-33 Tsunashima-Higashi, Kohoku-ku, Yokohama, JPN, 223-8505
Leader Electronics Corp is engaged in the research, development, manufacturing, and sales of electronic measuring instruments, including those for broadcasting stations, manufacturers of professional video-related equipment, and signal monitoring during live broadcasts of sporting events.
64GF Score

Get the complete analysis for TSE:6867

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

円406.00
Price
円416.35
GF Value