Belc Co (TSE:9974) EBIT: 円17,597 Mil (TTM As of Feb. 2026)


TSE:9974 Belc Co Ltd TSE:9974
92 GF Score
Price 円6,370.00
GF Value 円7,996.50
Valuation Modestly Undervalued
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What is Belc Co EBIT?

Belc Co TSE:9974 +1.27% 92 EBIT is 円17,597 Mil as of Feb. 2026. GuruFocus rates TSE:9974 with a GF Score™ of 92/100 and a GF Value™ of 円7,996.50 (Modestly Undervalued).

Belc Co's earnings before interest and taxes (EBIT) for the three months ended in Feb. 2026 was 円4,777 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Feb. 2026 was 円17,597 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Belc Co's annualized ROC % for the quarter that ended in Feb. 2026 was 9.18%. Belc Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Feb. 2026 was 12.54%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Belc Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Feb. 2026 was 11.24%.


Belc Co  (TSE:9974) EBIT Explanation

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

Belc Co's annualized ROC % for the quarter that ended in Feb. 2026 is calculated as:

ROC % (Q: Feb. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Nov. 2025 ) + Invested Capital (Q: Feb. 2026 ))/ count )
=21456 * ( 1 - 13.4% )/( (203253 + 201528)/ 2 )
=18580.896/202390.5
=9.18 %

where

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

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

Belc Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Feb. 2026 is calculated as:

ROC (Joel Greenblatt) %(Q: Feb. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Nov. 2025  Q: Feb. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=19108/( ( (152297 + max(-21581, 0)) + (152474 + max(-17676, 0)) )/ 2 )
=19108/( ( 152297 + 152474 )/ 2 )
=19108/152385.5
=12.54 %

where Working Capital is:

Working Capital(Q: Nov. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(7122 + 12203 + 4109) - (28254 + 0 + 16761)
=-21581

Working Capital(Q: Feb. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(5725 + 12925 + 6070) - (28543 + 0 + 13853)
=-17676

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Feb. 2026) EBIT data.

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Feb. 2026 )
=17597/156541.808
=11.24 %

* 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.


Belc Co EBIT Related Terms


Belc Co EBIT Historical Data

* Premium members only.

The historical data trend for Belc 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.

Belc Co EBIT Chart

Belc Co Annual Data
Trend Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24 Feb25 Feb26
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13,680.00 14,339.00 14,862.00 17,246.00 17,597.00

Belc Co Quarterly Data
May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26
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 4,347.00 4,025.00 5,051.00 3,744.00 4,777.00

TSE:9974 vs KR: EBIT Comparison

For the Grocery Stores subindustry, Belc 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.


Belc Co EV-to-EBIT vs Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Belc Co's EV-to-EBIT distribution charts can be found below:

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


TSE:9974
92GF Score
Belc Co Ltd TSE:9974
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Belc 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 Feb. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was 円17,597 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17,597 Mil mean?
Belc Co (TSE:9974) has a EBIT of 円17,597 Mil as of Feb. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Belc Co.
Is Belc Co's EBIT too high?
Belc Co's current EBIT is 円17,597 Mil. Overall, Belc Co has a GF Score™ of 92/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Belc Co's EBIT compare to KR?
Belc Co's EBIT of 円17,597 Mil can be compared against companies in the Retail - Defensive 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 Retail - Defensive company?
A good EBIT depends on the Retail - Defensive 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 Belc Co. Belc Co's current EBIT is 円17,597 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Belc Co stock overvalued right now?
Based on GuruFocus' analysis, Belc Co (TSE:9974) is currently considered Modestly Undervalued. The stock's GF Value™ is 円7,996.50, compared to a current price of 円6,370.00 — trading 20.3% below its estimated fair value. The current EBIT is 円17,597 Mil. Belc Co's overall GF Score™ is 92/100. 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 Belc Co (TSE:9974), the current EBIT is 円17,597 Mil as of Feb. 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 Belc Co (TSE:9974) Overvalued in 2026?

Based on GuruFocus' analysis, Belc Co stock appears to be undervalued. The current stock price of 円6,370.00 is trading 20.3% below its estimated GF Value™ of 円7,996.50. GuruFocus considers Belc Co to be Modestly Undervalued.

Key valuation signals for TSE:9974:

  • EBIT: 円17,597 Mil
  • GF Value™: 円7,996.50 vs. price of 円6,370.00 (20.3% below fair value)
  • GF Score™: 92/100

No single metric tells the full story. See the TSE:9974 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Belc Co Business Description

Address 1646 Ashiori, Saitama Prefecture, Tsurugashima, JPN, 350-2282
Belc Co Ltd manages a chain of food supermarkets in Japan. The company is headquartered in Japan and earns the entirety of its revenue domestically. The company has a chain of retail stores in the Tokyo metropolitan area and is focused on Saitama Prefecture. Through its subsidiaries, Belc Co. Ltd is involved with the production and distribution of food items and ready-made meals to its self-run stores. Its products include perishable goods, grocery items, sundry items, daily necessities, and processed food. Belc Co. Ltd also provides services to its stores, including chain management and cleaning.
92GF Score

Get the complete analysis for TSE:9974

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

円6,370.00
Price
円7,996.50
GF Value