UEX (TSE:9888) EBIT: 円1,352 Mil (TTM As of Mar. 2026)

What is UEX EBIT?

UEX TSE:9888 +0.41% 69 EBIT is 円1,352 Mil as of Mar. 2026. GuruFocus rates TSE:9888 with a GF Score™ of 69/100 and a GF Value™ of 円881.69 (Fairly Valued). The stock has 9 warning signs investors should review.

UEX's earnings before interest and taxes (EBIT) for the six months ended in Mar. 2026 was 円772 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was 円1,352 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. UEX's annualized ROC % for the quarter that ended in Mar. 2026 was 2.27%. UEX's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 6.70%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. UEX's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 8.01%.

UEX (TSE:9888) EBIT Explanation

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

UEX'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: Sep. 2025 )	+	Invested Capital (Q: Mar. 2026 ))	/ count )
=	1468.56 * ( 1 - 40.44% )	/	( (38284.378	+	38670.176)	/ 2 )
=	874.674336	/	38477.277
=	2.27 %

where

	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	))
=	50880.405	-	6469.959	-	( 6126.068	-	max(0, 28344.788	-	37796.588	+	6126.068	))
=	38284.378

	Invested Capital		(Q: Mar. 2026 )
=	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	))
=	52142.707	-	6416.44	-	( 7056.091	-	max(0, 27490.243	-	37637.213	+	7056.091	))
=	38670.176

Note: The Operating Income data used here is two times the semi-annual (Mar. 2026) data.

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

UEX'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: Sep. 2025		Q: Mar. 2026
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	1543.118	/	( ( (8496.908 + max(14550.948, 0))	+	(8918.316 + max(14123.389, 0)) )	/	2 )
=	1543.118	/	( ( 23047.856	+	23041.705 )	/	2 )
=	1543.118	/	23044.7805
=	6.70 %

where Working Capital is:

	Working Capital		(Q: Sep. 2025 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(9602.25	+	17221.297	+	4846.973)	-	(6469.959	+	0	+	10649.613)
=	14550.948

	Working Capital		(Q: Mar. 2026 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(9411.908	+	16203.352	+	4965.862)	-	(6416.44	+	0	+	10041.293)
=	14123.389

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Mar. 2026) EBIT data.

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

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

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Mar. 2026 )
	=	1351.684	/	16885.452
	=	8.01 %

* 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.

UEX EBIT Related Terms

UEX EBIT Historical Data

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The historical data trend for UEX's EBIT can be seen below:

UEX EBIT Chart

UEX Annual Data

Trend

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Mar25

Mar26

EBIT

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2,339.40

4,478.94

2,375.70

1,679.37

1,351.68

UEX Semi-Annual Data
	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24	Sep24	Mar25	Sep25	Mar26
EBIT	Get a 7-Day Free Trial															868.34	823.53	855.85	580.13	771.56

TSE:9888 vs NUE, STLD, RS: EBIT Comparison

For the Steel subindustry, UEX'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.

UEX EV-to-EBIT vs Steel Industry

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

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

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69GF Score

UEX Ltd TSE:9888

EBIT is just one metric. See GF Score™, valuation, warning signs, and more.

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UEX 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 semi-annually data reported by the company within the most recent 12 months, which was 円1,352 Mil.

Frequently Asked Questions Learn more about EBIT →

What does a EBIT of 円1,352 Mil mean?

UEX (TSE:9888) has a EBIT of 円1,352 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on UEX.

Is UEX's EBIT too high?

UEX's current EBIT is 円1,352 Mil. Overall, UEX has a GF Score™ of 69/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.

How does UEX's EBIT compare to NUE and STLD?

UEX's EBIT of 円1,352 Mil can be compared against companies in the Steel 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 Steel company?

A good EBIT depends on the Steel 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 UEX. UEX's current EBIT is 円1,352 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is UEX stock overvalued right now?

Based on GuruFocus' analysis, UEX (TSE:9888) is currently considered Fairly Valued. The stock's GF Value™ is 円881.69, compared to a current price of 円974.00 — trading 10.5% above its estimated fair value. The current EBIT is 円1,352 Mil. UEX's overall GF Score™ is 69/100 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 UEX (TSE:9888), the current EBIT is 円1,352 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 UEX (TSE:9888) Overvalued in 2026?

Based on GuruFocus' analysis, UEX stock appears to be overvalued. The current stock price of 円974.00 is trading 10.5% above its estimated GF Value™ of 円881.69. GuruFocus considers UEX to be Fairly Valued.

Key valuation signals for TSE:9888:

EBIT: 円1,352 Mil
GF Value™: 円881.69 vs. price of 円974.00 (10.5% above fair value)
GF Score™: 69/100 with 9 warning signs

No single metric tells the full story. See the TSE:9888 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

UEX Business Description

Industry Basic Materials Steel

Comparable Companies TSE:5660 TSE:5921 TSE:7425 NGO:5979 TSE:5491 TSE:5542 TSE:8046 TSE:5986 TSE:7531 TSE:5446 NUE XAMS:MT STLD BOM:500228 NSE:TATASTEEL RS TSE:5401 SHSE:600019 XKRX:005490 SHSE:600010

Address 2 - 24 Higashi Shinagawa 2 - chome, Shinagawa - ku, Tokyo, JPN, +81 354606500

Website http://www.uex-ltd.co.jp

UEX Ltd is engaged in sales of stainless steel, titanium, and machinery equipment. The products and services of the company include stainless steel plate, steel strip, duplex stainless steel, cutting service, quality assurance, and quality control.

69GF Score

Get the complete analysis for TSE:9888

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

円974.00

Price

円881.69

GF Value

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