Nagase (TSE:8012) EBIT: 円49,325 Mil (TTM As of Mar. 2026)


TSE:8012 Nagase & Co Ltd TSE:8012
76 GF Score
Price 円1,170.00
GF Value 円828.68
Valuation Significantly Overvalued
! 4 Warning Signs
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What is Nagase EBIT?

Nagase TSE:8012 -3.07% 76 EBIT is 円49,325 Mil as of Mar. 2026. GuruFocus rates TSE:8012 with a GF Score™ of 76/100 and a GF Value™ of 円828.68 (Significantly Overvalued). The stock has 4 warning signs investors should review.

Nagase's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was 円11,489 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was 円49,325 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Nagase's annualized ROC % for the quarter that ended in Mar. 2026 was 5.59%. Nagase's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 10.78%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Nagase's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 7.85%.


Nagase  (TSE:8012) EBIT Explanation

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

Nagase'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 )
=46100 * ( 1 - 21.04% )/( (644095 + 659148)/ 2 )
=36400.56/651621.5
=5.59 %

where

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

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

Nagase'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 )
=45956/( ( (117646 + max(305220, 0)) + (123973 + max(305887, 0)) )/ 2 )
=45956/( ( 422866 + 429860 )/ 2 )
=45956/426363
=10.78 %

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)
=(333614 + 170358 + 17962) - (172853 + 0 + 43861)
=305220

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(321435 + 177559 + 21726) - (166779 + 0 + 48054)
=305887

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=49325/628395.062
=7.85 %

* 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.


Nagase EBIT Related Terms


Nagase EBIT Historical Data

* Premium members only.

The historical data trend for Nagase'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.

Nagase EBIT Chart

Nagase 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 40,733.00 36,348.00 36,409.00 41,864.00 49,325.00

Nagase Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 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 6,855.00 11,251.00 11,768.00 14,817.00 11,489.00

TSE:8012 vs LIN, SHW, ECL: EBIT Comparison

For the Specialty Chemicals subindustry, Nagase'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.


Nagase EV-to-EBIT vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Nagase's EV-to-EBIT distribution charts can be found below:

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


TSE:8012
76GF Score
Nagase & Co Ltd TSE:8012
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nagase 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49,325 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49,325 Mil mean?
Nagase (TSE:8012) has a EBIT of 円49,325 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Nagase.
Is Nagase's EBIT too high?
Nagase's current EBIT is 円49,325 Mil. Overall, Nagase has a GF Score™ of 76/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nagase's EBIT compare to LIN and SHW?
Nagase's EBIT of 円49,325 Mil can be compared against companies in the Chemicals 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 Chemicals company?
A good EBIT depends on the Chemicals 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 Nagase. Nagase's current EBIT is 円49,325 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nagase stock overvalued right now?
Based on GuruFocus' analysis, Nagase (TSE:8012) is currently considered Significantly Overvalued. The stock's GF Value™ is 円828.68, compared to a current price of 円1,170.00 — trading 41.2% above its estimated fair value. The current EBIT is 円49,325 Mil. Nagase's overall GF Score™ is 76/100 with 4 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 Nagase (TSE:8012), the current EBIT is 円49,325 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 Nagase (TSE:8012) Overvalued in 2026?

Based on GuruFocus' analysis, Nagase stock appears to be overvalued. The current stock price of 円1,170.00 is trading 41.2% above its estimated GF Value™ of 円828.68. GuruFocus considers Nagase to be Significantly Overvalued.

Key valuation signals for TSE:8012:

  • EBIT: 円49,325 Mil
  • GF Value™: 円828.68 vs. price of 円1,170.00 (41.2% above fair value)
  • GF Score™: 76/100 with 4 warning signs

No single metric tells the full story. See the TSE:8012 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Nagase Business Description

Other Exchanges NGSCF:USAP22:Germany
Address 1-1-17 Shinmachi, Nishi-ku, Osaka, JPN, 550-8668
Nagase & Co Ltd is a Japan-based trading company focused on chemicals and related products. The company operates through five segments. The Electronics and Energy segment covers semiconductors, components, AR/VR, renewable energy, and displays. The Functional Material segment handles paints, inks, resins, chemicals, films, and sanitary materials. The Life Related segment offers pharmaceuticals, agrochemicals, food ingredients, cosmetics, reagents, and medical devices. The Mobility segment provides materials and products for batteries, electrification, in-vehicle electronics, and autonomous driving. The Processing Material segment deals with plastics, resins, molding machines, and molds, while Others includes information processing and functional services.
76GF Score

Get the complete analysis for TSE:8012

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

円1,170.00
Price
円828.68
GF Value