Toho Holdings Co (TSE:8129) EBIT: 円26,197 Mil (TTM As of Mar. 2026)


TSE:8129 Toho Holdings Co Ltd TSE:8129
85 GF Score
Price 円4,010.00
GF Value 円4,792.65
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Toho Holdings Co EBIT?

Toho Holdings Co TSE:8129 -0.05% 85 EBIT is 円26,197 Mil as of Mar. 2026. GuruFocus rates TSE:8129 with a GF Score™ of 85/100 and a GF Value™ of 円4,792.65 (Modestly Undervalued). The stock has 3 warning signs investors should review.

Toho Holdings Co's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was 円5,613 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was 円26,197 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Toho Holdings Co's annualized ROC % for the quarter that ended in Mar. 2026 was 3.94%. Toho Holdings Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 21.07%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Toho Holdings Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 14.96%.


Toho Holdings Co  (TSE:8129) EBIT Explanation

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

Toho Holdings 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 )
=16084 * ( 1 - 48.51% )/( (194257 + 225734)/ 2 )
=8281.6516/209995.5
=3.94 %

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:

Toho Holdings 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 )
=22452/( ( (88055 + max(-4598, 0)) + (89140 + max(35951, 0)) )/ 2 )
=22452/( ( 88055 + 125091 )/ 2 )
=22452/106573
=21.07 %

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)
=(380514 + 98856 + 44685) - (508379 + 0 + 20274)
=-4598

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(358732 + 89975 + 27976) - (420686 + 0 + 20046)
=35951

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=26197/175108.508
=14.96 %

* 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.


Toho Holdings Co EBIT Related Terms


Toho Holdings Co EBIT Historical Data

* Premium members only.

The historical data trend for Toho Holdings 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.

Toho Holdings Co EBIT Chart

Toho Holdings 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 20,186.00 20,492.00 30,845.00 28,102.00 26,197.00

Toho Holdings Co 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 12,092.00 5,048.00 4,091.00 11,445.00 5,613.00

TSE:8129 vs MCK, CAH, COR: EBIT Comparison

For the Medical Distribution subindustry, Toho Holdings 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.


Toho Holdings Co EV-to-EBIT vs Medical Distribution Industry

For the Medical Distribution industry and Healthcare sector, Toho Holdings Co's EV-to-EBIT distribution charts can be found below:

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


TSE:8129
85GF Score
Toho Holdings Co Ltd TSE:8129
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Toho Holdings 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26,197 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26,197 Mil mean?
Toho Holdings Co (TSE:8129) has a EBIT of 円26,197 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Toho Holdings Co.
Is Toho Holdings Co's EBIT too high?
Toho Holdings Co's current EBIT is 円26,197 Mil. Overall, Toho Holdings Co has a GF Score™ of 85/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Toho Holdings Co's EBIT compare to MCK and CAH?
Toho Holdings Co's EBIT of 円26,197 Mil can be compared against companies in the Medical Distribution 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 Medical Distribution company?
A good EBIT depends on the Medical Distribution 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 Toho Holdings Co. Toho Holdings Co's current EBIT is 円26,197 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Toho Holdings Co stock overvalued right now?
Based on GuruFocus' analysis, Toho Holdings Co (TSE:8129) is currently considered Modestly Undervalued. The stock's GF Value™ is 円4,792.65, compared to a current price of 円4,010.00 — trading 16.3% below its estimated fair value. The current EBIT is 円26,197 Mil. Toho Holdings Co's overall GF Score™ is 85/100 with 3 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 Toho Holdings Co (TSE:8129), the current EBIT is 円26,197 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 Toho Holdings Co (TSE:8129) Overvalued in 2026?

Based on GuruFocus' analysis, Toho Holdings Co stock appears to be undervalued. The current stock price of 円4,010.00 is trading 16.3% below its estimated GF Value™ of 円4,792.65. GuruFocus considers Toho Holdings Co to be Modestly Undervalued.

Key valuation signals for TSE:8129:

  • EBIT: 円26,197 Mil
  • GF Value™: 円4,792.65 vs. price of 円4,010.00 (16.3% below fair value)
  • GF Score™: 85/100 with 3 warning signs

No single metric tells the full story. See the TSE:8129 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Toho Holdings Co Business Description

Other Exchanges TON:Germany
Address 4-43-11 Daizawa, Setagaya-ku, Tokyo, JPN, 155-8655
Toho Holdings Co Ltd is a specialty and generic drug manufacturing company. The company's business includes pharmaceutical wholesaling and pharmacy dispensing. It also maintains a site-management organization business that assists a variety of medical establishments, ranging from large medical institutions to private clinics, with a wide range of clinical trials under contract. The company supports medical institutions suitable for respective trials to improve the quality and speed of clinical trials. It generates additional revenue through software sales to medical institutions.
85GF Score

Get the complete analysis for TSE:8129

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

円4,010.00
Price
円4,792.65
GF Value