I-Net (TSE:9600) EBIT: 円3,075 Mil (TTM As of Sep. 2025)


TSE:9600 I-Net Corp TSE:9600
61 GF Score
Price 円2,515.00
GF Value 円2,078.44
! 9 Warning Signs
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What is I-Net EBIT?

I-Net TSE:9600 +0.04% 61 EBIT is 円3,075 Mil as of Sep. 2025. GuruFocus rates TSE:9600 with a GF Score™ of 61/100 and a GF Value™ of 円2,078.44. The stock has 9 warning signs investors should review.

I-Net's earnings before interest and taxes (EBIT) for the six months ended in Sep. 2025 was 円1,314 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2025 was 円3,075 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. I-Net's annualized ROC % for the quarter that ended in Sep. 2025 was 5.21%. I-Net's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2025 was 16.43%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. I-Net's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2025 was 7.48%.


I-Net  (TSE:9600) EBIT Explanation

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

I-Net'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: Mar. 2025 ) + Invested Capital (Q: Sep. 2025 ))/ count )
=2783.23 * ( 1 - 39.05% )/( (32090.09 + 33033.112)/ 2 )
=1696.378685/32561.601
=5.21 %

where

Invested Capital(Q: Mar. 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))
=37062.212 - 2584.347 - ( 4736.32 - max(0, 10659.405 - 13047.18+4736.32))
=32090.09

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))
=37685.497 - 2915.97 - ( 5176.327 - max(0, 11654.077 - 13390.492+5176.327))
=33033.112

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

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

I-Net'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: Mar. 2025  Q: Sep. 2025
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=2628.968/( ( (15817.694 + max(249.384, 0)) + (15915.472 + max(22.488000000002, 0)) )/ 2 )
=2628.968/( ( 16067.078 + 15937.96 )/ 2 )
=2628.968/16002.519
=16.43 %

where Working Capital is:

Working Capital(Q: Mar. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(6662.988 + 323.845 + 636.035) - (2584.347 + 0 + 4789.137)
=249.384

Working Capital(Q: Sep. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(7003.525 + 329.622 + 881.018) - (2915.97 + 0 + 5275.707)
=22.488000000002

When net working capital is negative, 0 is used.

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

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

I-Net's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2025 )
=3074.581/41129.889
=7.48 %

* 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.


I-Net EBIT Related Terms


I-Net EBIT Historical Data

* Premium members only.

The historical data trend for I-Net'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.

I-Net EBIT Chart

I-Net 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 2,245.18 2,585.98 2,037.88 3,162.00 3,382.08

I-Net Semi-Annual Data
Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 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 1,624.00 1,538.00 1,621.98 1,760.10 1,314.48

TSE:9600 vs IBM, ACN, FISV: EBIT Comparison

For the Information Technology Services subindustry, I-Net'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.


I-Net EV-to-EBIT vs Software Industry

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

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


TSE:9600
61GF Score
I-Net Corp TSE:9600
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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I-Net 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 semi-annually data reported by the company within the most recent 12 months, which was 円3,075 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3,075 Mil mean?
I-Net (TSE:9600) has a EBIT of 円3,075 Mil as of Sep. 2025. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on I-Net.
Is I-Net's EBIT too high?
I-Net's current EBIT is 円3,075 Mil. Overall, I-Net has a GF Score™ of 61/100, reflecting its overall financial health beyond just this single metric.
How does I-Net's EBIT compare to IBM and ACN?
I-Net's EBIT of 円3,075 Mil can be compared against companies in the Software 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 Software company?
A good EBIT depends on the Software 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 I-Net. I-Net's current EBIT is 円3,075 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is I-Net stock overvalued right now?
I-Net (TSE:9600) has a current EBIT of 円3,075 Mil. The stock's GF Value™ is 円2,078.44, compared to a current price of 円2,515.00 — trading 21% above its estimated fair value. The current EBIT is 円3,075 Mil. I-Net's overall GF Score™ is 61/100 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 I-Net (TSE:9600), the current EBIT is 円3,075 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 I-Net (TSE:9600) Overvalued in 2026?

Based on GuruFocus' analysis, I-Net stock appears to be overvalued. The current stock price of 円2,515.00 is trading 21% above its estimated GF Value™ of 円2,078.44.

Key valuation signals for TSE:9600:

  • EBIT: 円3,075 Mil
  • GF Value™: 円2,078.44 vs. price of 円2,515.00 (21% above fair value)
  • GF Score™: 61/100 with 9 warning signs

No single metric tells the full story. See the TSE:9600 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


I-Net Business Description

Address 5-1-2 Minatomirai, 13th Floor, Yokohama Sympho Stage West Tower, Nishi-Ku, Yokohama, JPN, 220-0012
I-Net Corp is engaged in providing comprehensive services from planning and development of information systems to operation, maintenance, and upkeep after their launch. The company offers a variety of services, including cloud services, system development services, and print and mailing services, to meet the needs of customers in a wide variety of industries, including finance, retail and distribution, oil, manufacturing, and medicine. It generates maximum revenue from the provision of system development services, and the rest from the provision of data processing services and system equipment sales.
61GF Score

Get the complete analysis for TSE:9600

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

円2,515.00
Price
円2,078.44
GF Value