Topcon (TSE:7732) EBIT: 円1,611 Mil (TTM As of Sep. 2025)


TSE:7732 Topcon Corp TSE:7732
57 GF Score
Price 円3,280.00
GF Value 円1,799.46
! 9 Warning Signs
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What is Topcon EBIT?

Topcon TSE:7732 57 EBIT is 円1,611 Mil as of Sep. 2025. GuruFocus rates TSE:7732 with a GF Score™ of 57/100 and a GF Value™ of 円1,799.46. The stock has 9 warning signs investors should review.

Topcon's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2025 was 円165 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2025 was 円1,611 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Topcon's annualized ROC % for the quarter that ended in Sep. 2025 was 0.23%. Topcon's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2025 was 0.57%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Topcon's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2025 was 0.37%.


Topcon  (TSE:7732) EBIT Explanation

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

Topcon's annualized ROC % for the quarter that ended in Sep. 2025 is calculated as:

ROC % (Q: Sep. 2025 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jun. 2025 ) + Invested Capital (Q: Sep. 2025 ))/ count )
=536 * ( 1 - 0% )/( (224062 + 236338)/ 2 )
=536/230200
=0.23 %

where

Note: The Operating Income data used here is four times the quarterly (Sep. 2025) data.

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

Topcon's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2025 is calculated as:

ROC (Joel Greenblatt) %(Q: Sep. 2025 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2025  Q: Sep. 2025
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=660/( ( (41104 + max(72263, 0)) + (44122 + max(72620, 0)) )/ 2 )
=660/( ( 113367 + 116742 )/ 2 )
=660/115054.5
=0.57 %

where Working Capital is:

Working Capital(Q: Jun. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(48397 + 54437 + 6772) - (14669 + 0 + 22674)
=72263

Working Capital(Q: Sep. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(49123 + 54870 + 7437) - (13401 + 0 + 25409)
=72620

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Sep. 2025) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2025 )
=1611/436845.600
=0.37 %

* 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.


Topcon EBIT Related Terms


Topcon EBIT Historical Data

* Premium members only.

The historical data trend for Topcon'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.

Topcon EBIT Chart

Topcon Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5,520.00 15,261.00 17,327.00 6,820.00 4,721.00

Topcon Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25
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 1,424.00 -2,264.00 5,308.00 -1,598.00 165.00

TSE:7732 vs GRMN, KEYS, COHR: EBIT Comparison

For the Scientific & Technical Instruments subindustry, Topcon'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.


Topcon EV-to-EBIT vs Hardware Industry

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

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


TSE:7732
57GF Score
Topcon Corp TSE:7732
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Topcon 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 Sep. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was 円1,611 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1,611 Mil mean?
Topcon (TSE:7732) has a EBIT of 円1,611 Mil as of Sep. 2025. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Topcon.
Is Topcon's EBIT too high?
Topcon's current EBIT is 円1,611 Mil. Overall, Topcon has a GF Score™ of 57/100, reflecting its overall financial health beyond just this single metric.
How does Topcon's EBIT compare to GRMN and KEYS?
Topcon's EBIT of 円1,611 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 Topcon. Topcon's current EBIT is 円1,611 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Topcon stock overvalued right now?
Topcon (TSE:7732) has a current EBIT of 円1,611 Mil. The stock's GF Value™ is 円1,799.46, compared to a current price of 円3,280.00 — trading 82.3% above its estimated fair value. The current EBIT is 円1,611 Mil. Topcon's overall GF Score™ is 57/100 with 9 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 Topcon (TSE:7732), the current EBIT is 円1,611 Mil as of Sep. 2025. 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 Topcon (TSE:7732) Overvalued in 2026?

Based on GuruFocus' analysis, Topcon stock appears to be overvalued. The current stock price of 円3,280.00 is trading 82.3% above its estimated GF Value™ of 円1,799.46.

Key valuation signals for TSE:7732:

  • EBIT: 円1,611 Mil
  • GF Value™: 円1,799.46 vs. price of 円3,280.00 (82.3% above fair value)
  • GF Score™: 57/100 with 9 warning signs

No single metric tells the full story. See the TSE:7732 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Topcon Business Description

Address 75-1 Hasunuma-cho, Itabashi-ku, Tokyo, JPN, 174-8580
Topcon Corp sells ophthalmic instruments, medical equipment, machine control systems, and GPS-related products. Its operations are structured around three main areas: the Positioning Business, Eye Care Business, and Other. The Positioning division handles products such as total stations, 3D laser scanners, ICT automated construction systems, IT agricultural systems, GNSS receivers for surveying, laser equipment, and software for construction and civil engineering. The Eye Care division provides 3D fundus imaging devices, fundus cameras, auto and kerato refractors, slit lamps, tonometers, lens meters, ophthalmic laser systems, and related software for image management and electronic medical records.
57GF Score

Get the complete analysis for TSE:7732

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

円3,280.00
Price
円1,799.46
GF Value