Ledax Co (TSE:7602) EBIT: 円215 Mil (TTM As of Mar. 2026)

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TSE:7602 Ledax Co Ltd TSE:7602
56 GF Score
Price 円174.00
GF Value 円175.42
Valuation Fairly Valued
! 2 Warning Signs
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What is Ledax Co EBIT?

Ledax Co TSE:7602 -2.79% 56 EBIT is 円215 Mil as of Mar. 2026. GuruFocus rates TSE:7602 with a GF Score™ of 56/100 and a GF Value™ of 円175.42 (Fairly Valued). The stock has 2 warning signs investors should review.

Ledax Co's earnings before interest and taxes (EBIT) for the six months ended in Mar. 2026 was 円276 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was 円215 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Ledax Co's annualized ROC % for the quarter that ended in Mar. 2026 was 0.43%. Ledax Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 14.89%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Ledax Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 9.06%.

Ledax Co  (TSE:7602) EBIT Explanation

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

Ledax 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: Sep. 2025 ) + Invested Capital (Q: Mar. 2026 ))/ count )
=25.07 * ( 1 - 20.97% )/( (4717.747 + 4454.687)/ 2 )
=19.812821/4586.217
=0.43 %

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))
=6706.902 - 502.115 - ( 1487.04 - max(0, 1595.117 - 5142.262+1487.04))
=4717.747

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))
=7163.862 - 559.917 - ( 2149.258 - max(0, 1892.373 - 5967.223+2149.258))
=4454.687

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:

Ledax 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: Sep. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=551.244/( ( (1346.006 + max(2560.105, 0)) + (944.335 + max(2556.154, 0)) )/ 2 )
=551.244/( ( 3906.111 + 3500.489 )/ 2 )
=551.244/3703.3
=14.89 %

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)
=(868.049 + 2261.361 + 525.812) - (502.115 + 0 + 593.002)
=2560.105

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1233.352 + 1842.996 + 741.617) - (559.917 + 0 + 701.894)
=2556.154

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=214.904/2372.700
=9.06 %

* 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.

Ledax Co EBIT Related Terms

Ledax Co EBIT Historical Data

* Premium members only.

The historical data trend for Ledax 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.

Ledax Co EBIT Chart

Ledax Co 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 -238.51 -465.94 151.76 -121.09 214.90

Ledax Co 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 57.97 -16.39 -104.71 -60.72 275.62

TSE:7602 vs CVNA, PAG, ALTB: EBIT Comparison

For the Auto & Truck Dealerships subindustry, Ledax 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.

Ledax Co EV-to-EBIT vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Ledax Co's EV-to-EBIT distribution charts can be found below:

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


TSE:7602
56GF Score
Ledax Co Ltd TSE:7602
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ledax 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 semi-annually data reported by the company within the most recent 12 months, which was 円215 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215 Mil mean?
Ledax Co (TSE:7602) has a EBIT of 円215 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Ledax Co.
Is Ledax Co's EBIT too high?
Ledax Co's current EBIT is 円215 Mil. Overall, Ledax Co has a GF Score™ of 56/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Ledax Co's EBIT compare to CVNA and PAG?
Ledax Co's EBIT of 円215 Mil can be compared against companies in the Vehicles & Parts 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 Vehicles & Parts company?
A good EBIT depends on the Vehicles & Parts 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 Ledax Co. Ledax Co's current EBIT is 円215 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ledax Co stock overvalued right now?
Based on GuruFocus' analysis, Ledax Co (TSE:7602) is currently considered Fairly Valued. The stock's GF Value™ is 円175.42, compared to a current price of 円174.00 — trading 0.8% below its estimated fair value. The current EBIT is 円215 Mil. Ledax Co's overall GF Score™ is 56/100 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 Ledax Co (TSE:7602), the current EBIT is 円215 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 Ledax Co (TSE:7602) Overvalued in 2026?

Based on GuruFocus' analysis, Ledax Co stock appears to be undervalued. The current stock price of 円174.00 is trading 0.8% below its estimated GF Value™ of 円175.42. GuruFocus considers Ledax Co to be Fairly Valued.

Key valuation signals for TSE:7602:

  • EBIT: 円215 Mil
  • GF Value™: 円175.42 vs. price of 円174.00 (0.8% below fair value)
  • GF Score™: 56/100 with 2 warning signs

No single metric tells the full story. See the TSE:7602 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Ledax Co Business Description

Address 4-1 Kioicho, 2nf Floor Shin-Kioicho Building, Chiyoda-ku, Tokyo, JPN, 102-8578
Ledax Co Ltd is engaged in the Purchase and sale of automobiles, distribution of automobiles, management of subsidiaries, etc.
56GF Score

Get the complete analysis for TSE:7602

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

円174.00
Price
円175.42
GF Value