Zeon (ZEOOF) EBIT: $330 Mil (TTM As of Dec. 2025)

What is Zeon EBIT?

Zeon ZEOOF 79 EBIT is $330 Mil as of Dec. 2025. GuruFocus rates ZEOOF with a GF Score™ of 79/100 and a GF Value™ of $6.57. The stock has 8 warning signs investors should review.

Zeon's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2025 was $53 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2025 was $330 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Zeon's annualized ROC % for the quarter that ended in Dec. 2025 was 5.50%. Zeon's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 13.71%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Zeon's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 12.21%.

Zeon (OTCPK:ZEOOF) EBIT Explanation

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

Zeon'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: Sep. 2025 )	+	Invested Capital (Q: Dec. 2025 ))	/ count )
=	211.604 * ( 1 - 26.63% )	/	( (2872.573	+	2772.183)	/ 2 )
=	155.2538548	/	2822.378
=	5.50 %

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	))
=	3648.826	-	474.345	-	( 301.908	-	max(0, 1053.564	-	1897.318	+	301.908	))
=	2872.573

	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	))
=	3529.487	-	523.516	-	( 233.788	-	max(0, 1045.865	-	1794.901	+	233.788	))
=	2772.183

Note: The Operating Income data used here is four times the quarterly (Dec. 2025) data.

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

Zeon'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: Sep. 2025		Q: Dec. 2025
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	212.348	/	( ( (1180.925 + max(424.272, 0))	+	(1162.775 + max(329.031, 0)) )	/	2 )
=	212.348	/	( ( 1605.197	+	1491.806 )	/	2 )
=	212.348	/	1548.5015
=	13.71 %

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)
=	(458.77	+	863.043	+	95.426)	-	(474.345	+	0	+	518.622)
=	424.272

	Working Capital		(Q: Dec. 2025 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(430.696	+	790.764	+	95.969)	-	(523.516	+	0	+	464.882)
=	329.031

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Dec. 2025) EBIT data.

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

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

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Dec. 2025 )
	=	329.54	/	2699.024
	=	12.21 %

* 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.

Zeon EBIT Related Terms

Zeon EBIT Historical Data

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

Zeon EBIT Chart

Zeon Annual Data

Trend

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Mar25

Mar26

EBIT

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390.94

108.87

293.13

221.87

311.84

Zeon Quarterly Data
	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25	Jun25	Sep25	Dec25	Mar26
EBIT	Get a 7-Day Free Trial															39.35	77.23	144.72	53.09	54.51

ZEOOF vs LIN, SHW, ECL: EBIT Comparison

For the Specialty Chemicals subindustry, Zeon'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.

Zeon EV-to-EBIT vs Chemicals Industry

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

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

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79GF Score

Zeon Corp ZEOOF

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

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Zeon 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 quarterly data reported by the company within the most recent 12 months, which was $330 Mil.

Frequently Asked Questions Learn more about EBIT →

What does a EBIT of $330 Mil mean?

Zeon (ZEOOF) has a EBIT of $330 Mil as of Dec. 2025. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Zeon.

Is Zeon's EBIT too high?

Zeon's current EBIT is $330 Mil. Overall, Zeon has a GF Score™ of 79/100, reflecting its overall financial health beyond just this single metric.

How does Zeon's EBIT compare to LIN and SHW?

Zeon's EBIT of $330 Mil can be compared against companies in the Chemicals 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 Chemicals company?

A good EBIT depends on the Chemicals 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 Zeon. Zeon's current EBIT is $330 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Zeon stock overvalued right now?

Zeon (ZEOOF) has a current EBIT of $330 Mil. The stock's GF Value™ is $6.57, compared to a current price of $9.35 — trading 42.3% above its estimated fair value. The current EBIT is $330 Mil. Zeon's overall GF Score™ is 79/100 with 8 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 Zeon (ZEOOF), the current EBIT is $330 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 Zeon (ZEOOF) Overvalued in 2026?

Based on GuruFocus' analysis, Zeon stock appears to be overvalued. The current stock price of $9.35 is trading 42.3% above its estimated GF Value™ of $6.57.

Key valuation signals for ZEOOF:

EBIT: $330 Mil
GF Value™: $6.57 vs. price of $9.35 (42.3% above fair value)
GF Score™: 79/100 with 8 warning signs

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

Zeon Business Description

Industry Basic Materials Chemicals

Comparable Companies TSE:4401 TSE:4613 TSE:4631 TSE:5301 TSE:8012 TSE:7966 TSE:4966 TSE:4043 TSE:4202 TSE:4118 LIN XPAR:AI SHW ECL APD XSWX:GIVN SHSE:600309 XSWX:SIKA SZSE:002466 OCSE:NSIS B

Other Exchanges 4205:Japan NZE:Germany

Address 1-6-2 Marunouchi, 14th Floor, Shin Marunouchi Center Building, Chiyoda-ku, Tokyo, JPN, 100-8246

Website https://www.zeon.co.jp

Zeon Corp manufactures and sells a variety of rubber-based and plastic-based products. The company organizes itself into two primary segments based on product type. The elastomer segment, which generates the majority of revenue, sells rubbers, lattices, and chemicals. These products include tires, hoses, seals, construction and housing materials, agricultural chemicals, fragrances, food ingredients, and pharmaceutical products. The High-performance materials business segment manufactures and sells high-performance resins, high-performance components, electronic materials, battery materials, toners, chemicals, and medical equipment.

79GF Score

Get the complete analysis for ZEOOF

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

$9.35

Price

$6.57

GF Value

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