Invincible Investment (TSE:8963) EBIT: 円34,921 Mil (TTM As of Dec. 2025)


TSE:8963 Invincible Investment Corp TSE:8963
67 GF Score
Price 円61,200.00
GF Value 円86,471.81
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Invincible Investment EBIT?

Invincible Investment TSE:8963 +0.33% 67 EBIT is 円34,921 Mil as of Dec. 2025. GuruFocus rates TSE:8963 with a GF Score™ of 67/100 and a GF Value™ of 円86,471.81 (Modestly Undervalued). The stock has 4 warning signs investors should review.

Invincible Investment's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2025 was 円18,721 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2025 was 円34,921 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Invincible Investment's annualized ROC % for the quarter that ended in Dec. 2025 was 5.65%. Invincible Investment's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 6.26%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Invincible Investment's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 4.41%.


Invincible Investment  (TSE:8963) EBIT Explanation

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

Invincible Investment's annualized ROC % for the quarter that ended in Dec. 2025 is calculated as:

ROC % (Q: Dec. 2025 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jun. 2025 ) + Invested Capital (Q: Dec. 2025 ))/ count )
=38619.818 * ( 1 - 0% )/( (651749.235 + 715309.932)/ 2 )
=38619.818/683529.5835
=5.65 %

where

Invested Capital(Q: Jun. 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))
=675146.027 - 2245.135 - ( 29949.793 - max(0, 33095.888 - 54247.545+29949.793))
=651749.235

Invested Capital(Q: Dec. 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))
=709095.754 - 1147.887 - ( 24637.567 - max(0, 61027.845 - 53665.78+24637.567))
=715309.932

Note: The Operating Income data used here is two times the semi-annual (Dec. 2025) data.

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

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

ROC (Joel Greenblatt) %(Q: Dec. 2025 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2025  Q: Dec. 2025
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=37442.676/( ( (557386.603 + max(21243.864, 0)) + (590589.548 + max(26150.568, 0)) )/ 2 )
=37442.676/( ( 578630.467 + 616740.116 )/ 2 )
=37442.676/597685.2915
=6.26 %

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)
=(7722.98 + 0 + 16574.772) - (2245.135 + 0 + 808.753)
=21243.864

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(9269.773 + 0 + 19758.44) - (1147.887 + 0 + 1729.758)
=26150.568

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Dec. 2025) EBIT data.

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2025 )
=34920.763/791979.357
=4.41 %

* 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.


Invincible Investment EBIT Related Terms


Invincible Investment EBIT Historical Data

* Premium members only.

The historical data trend for Invincible Investment'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.

Invincible Investment EBIT Chart

Invincible Investment Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2,460.60 -1,301.27 7,252.41 21,155.24 30,575.76

Invincible Investment Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 11,699.41 13,903.31 16,672.45 16,199.43 18,721.34

TSE:8963 vs HST, RHP, APLE: EBIT Comparison

For the REIT - Hotel & Motel subindustry, Invincible Investment'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.


Invincible Investment EV-to-EBIT vs REITs Industry

For the REITs industry and Real Estate sector, Invincible Investment's EV-to-EBIT distribution charts can be found below:

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


TSE:8963
67GF Score
Invincible Investment Corp TSE:8963
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Invincible Investment 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 Dec. 2025 adds up the semi-annually data reported by the company within the most recent 12 months, which was 円34,921 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34,921 Mil mean?
Invincible Investment (TSE:8963) has a EBIT of 円34,921 Mil as of Dec. 2025. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Invincible Investment.
Is Invincible Investment's EBIT too high?
Invincible Investment's current EBIT is 円34,921 Mil. Overall, Invincible Investment has a GF Score™ of 67/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Invincible Investment's EBIT compare to HST and RHP?
Invincible Investment's EBIT of 円34,921 Mil can be compared against companies in the REITs 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 REITs company?
A good EBIT depends on the REITs 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 Invincible Investment. Invincible Investment's current EBIT is 円34,921 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Invincible Investment stock overvalued right now?
Based on GuruFocus' analysis, Invincible Investment (TSE:8963) is currently considered Modestly Undervalued. The stock's GF Value™ is 円86,471.81, compared to a current price of 円61,200.00 — trading 29.2% below its estimated fair value. The current EBIT is 円34,921 Mil. Invincible Investment's overall GF Score™ is 67/100 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 Invincible Investment (TSE:8963), the current EBIT is 円34,921 Mil as of Dec. 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 Invincible Investment (TSE:8963) Overvalued in 2026?

Based on GuruFocus' analysis, Invincible Investment stock appears to be undervalued. The current stock price of 円61,200.00 is trading 29.2% below its estimated GF Value™ of 円86,471.81. GuruFocus considers Invincible Investment to be Modestly Undervalued.

Key valuation signals for TSE:8963:

  • EBIT: 円34,921 Mil
  • GF Value™: 円86,471.81 vs. price of 円61,200.00 (29.2% below fair value)
  • GF Score™: 67/100 with 4 warning signs

No single metric tells the full story. See the TSE:8963 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Invincible Investment Business Description

Industry Real EstateREITs
Address Roppongi Hills Mori Tower 41st Floor, 6-10-1 Roppongi, Minato-ku, Tokyo, JPN
Invincible Investment Corp is a real estate investment corporation. The company is an investment REIT focusing on the Tokyo metropolitan area and on residential properties.
67GF Score

Get the complete analysis for TSE:8963

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

円61,200.00
Price
円86,471.81
GF Value