Satoh (TSE:9996) EBIT: 円1,775 Mil (TTM As of Mar. 2026)

What is Satoh EBIT?

Satoh TSE:9996 -0.97% 80 EBIT is 円1,775 Mil as of Mar. 2026. GuruFocus rates TSE:9996 with a GF Score™ of 80/100 and a GF Value™ of 円2,019.50 (Fairly Valued). The stock has 1 warning sign investors should review.

Satoh's earnings before interest and taxes (EBIT) for the six months ended in Mar. 2026 was 円835 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was 円1,775 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Satoh's annualized ROC % for the quarter that ended in Mar. 2026 was 5.57%. Satoh's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 23.44%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Satoh's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 23.15%.

Satoh (TSE:9996) EBIT Explanation

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

Satoh'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 )
=	1542.706 * ( 1 - 25.95% )	/	( (20570.893	+	20461.004)	/ 2 )
=	1142.373793	/	20515.9485
=	5.57 %

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	))
=	36654.901	-	7304.664	-	( 9474.774	-	max(0, 9513	-	18292.344	+	9474.774	))
=	20570.893

	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	))
=	36911.154	-	7675.285	-	( 9179.007	-	max(0, 9261.474	-	18036.339	+	9179.007	))
=	20461.004

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:

Satoh'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 )
=	1670.956	/	( ( (6921.782 + max(-12.429999999998, 0))	+	(7335.387 + max(-203.906, 0)) )	/	2 )
=	1670.956	/	( ( 6921.782	+	7335.387 )	/	2 )
=	1670.956	/	7128.5845
=	23.44 %

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)
=	(5338.684	+	2932.146	+	546.74)	-	(7304.664	+	0	+	1525.336)
=	-12.429999999998

	Working Capital		(Q: Mar. 2026 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(5233.867	+	3016.911	+	119.703)	-	(7675.285	+	0	+	899.102)
=	-203.906

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:

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

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Mar. 2026 )
	=	1775.394	/	7670.228
	=	23.15 %

* 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.

Satoh EBIT Related Terms

Satoh EBIT Historical Data

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

Satoh EBIT Chart

Satoh Annual Data

Trend

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Mar25

Mar26

EBIT

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893.11

1,348.73

1,757.38

1,944.52

1,775.39

Satoh 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															918.64	938.08	1,006.44	939.92	835.48

TSE:9996 vs SYY, USFD, PFGC: EBIT Comparison

For the Food Distribution subindustry, Satoh'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.

Satoh EV-to-EBIT vs Retail - Defensive Industry

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

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

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80GF Score

Satoh & Co Ltd TSE:9996

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

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Satoh 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1,775 Mil.

Frequently Asked Questions Learn more about EBIT →

What does a EBIT of 円1,775 Mil mean?

Satoh (TSE:9996) has a EBIT of 円1,775 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Satoh.

Is Satoh's EBIT too high?

Satoh's current EBIT is 円1,775 Mil. Overall, Satoh has a GF Score™ of 80/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.

How does Satoh's EBIT compare to SYY and USFD?

Satoh's EBIT of 円1,775 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 Satoh. Satoh's current EBIT is 円1,775 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Satoh stock overvalued right now?

Based on GuruFocus' analysis, Satoh (TSE:9996) is currently considered Fairly Valued. The stock's GF Value™ is 円2,019.50, compared to a current price of 円1,936.00 — trading 4.1% below its estimated fair value. The current EBIT is 円1,775 Mil. Satoh's overall GF Score™ is 80/100 with 1 warning sign 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 Satoh (TSE:9996), the current EBIT is 円1,775 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 Satoh (TSE:9996) Overvalued in 2026?

Based on GuruFocus' analysis, Satoh stock appears to be undervalued. The current stock price of 円1,936.00 is trading 4.1% below its estimated GF Value™ of 円2,019.50. GuruFocus considers Satoh to be Fairly Valued.

Key valuation signals for TSE:9996:

EBIT: 円1,775 Mil
GF Value™: 円2,019.50 vs. price of 円1,936.00 (4.1% below fair value)
GF Score™: 80/100 with 1 warning sign

No single metric tells the full story. See the TSE:9996 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Satoh Business Description

Industry Consumer Defensive Retail - Defensive

Comparable Companies TSE:7481 TSE:8030 TSE:2816 NGO:8228 TSE:7686 NGO:7675 TSE:2294 TSE:2586 TSE:7614 TSE:7520 SYY USFD PFGC XLIS:JMT LSE:BNZL HKSE:01768 JSE:BID BKK:CPAXT SGX:VC2 CHEF

Address 5-6-22 Ohgimachi Miyagino-ku, Miyagi Prefecture, Sendai, JPN, 983-8556

Website https://www.satoh-web.co.jp

Satoh & Co Ltd is engaged in selling food products. The products of the company include Confectionery and bread making ingredients, School and industrial lunch supplies, Lunch box and catering supplies, Prepared food supplies, and Food service supplies for hotels, restaurants, and others.

80GF Score

Get the complete analysis for TSE:9996

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

円1,936.00

Price

円2,019.50

GF Value

View TSE:9996 Analysis

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