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Murata Manufacturing Co (Murata Manufacturing Co) EBIT : $1,891 Mil (TTM As of Dec. 2023)


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What is Murata Manufacturing Co EBIT?

Murata Manufacturing Co's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2023 was $550 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was $1,891 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Murata Manufacturing Co's annualized ROC % for the quarter that ended in Dec. 2023 was 10.04%. Murata Manufacturing Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 16.37%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Murata Manufacturing Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 6.19%.


Murata Manufacturing Co EBIT Historical Data

The historical data trend for Murata Manufacturing 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.

* Premium members only.

Murata Manufacturing Co EBIT Chart

Murata Manufacturing Co Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2,408.92 2,364.17 2,914.48 3,651.79 2,358.37

Murata Manufacturing Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 589.81 224.56 447.74 668.33 550.24

Competitive Comparison of Murata Manufacturing Co's EBIT

For the Electronic Components subindustry, Murata Manufacturing 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.


Murata Manufacturing Co's EV-to-EBIT Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Murata Manufacturing Co's EV-to-EBIT distribution charts can be found below:

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



Murata Manufacturing 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 Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $1,891 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.


Murata Manufacturing Co  (OTCPK:MRAAY) EBIT Explanation

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

Murata Manufacturing Co's annualized ROC % for the quarter that ended in Dec. 2023 is calculated as:

ROC % (Q: Dec. 2023 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Sep. 2023 ) + Invested Capital (Q: Dec. 2023 ))/ count )
=2116.856 * ( 1 - 23.23% )/( (16129.006 + 16235.322)/ 2 )
=1625.1103512/16182.164
=10.04 %

where

Invested Capital(Q: Sep. 2023 )
=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))
=20443.234 - 525.977 - ( 3788.251 - max(0, 2309.419 - 10126.152+3788.251))
=16129.006

Invested Capital(Q: Dec. 2023 )
=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))
=20753.055 - 593.062 - ( 3924.671 - max(0, 2329.813 - 10227.113+3924.671))
=16235.322

Note: The Operating Income data used here is four times the quarterly (Dec. 2023) data.

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

Murata Manufacturing Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 is calculated as:

ROC (Joel Greenblatt) %(Q: Dec. 2023 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Sep. 2023  Q: Dec. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=2200.976/( ( (8492.022 + max(4834.346, 0)) + (8754.764 + max(4807.382, 0)) )/ 2 )
=2200.976/( ( 13326.368 + 13562.146 )/ 2 )
=2200.976/13444.257
=16.37 %

where Working Capital is:

Working Capital(Q: Sep. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(2246.177 + 3781.19 + 310.534) - (525.977 + 0 + 977.578)
=4834.346

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(2227.397 + 3572.223 + 502.822) - (593.062 + 0 + 901.998)
=4807.382

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Dec. 2023) EBIT data.

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2023 )
=1890.877/30544.742
=6.19 %

* 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.


Murata Manufacturing Co EBIT Related Terms

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Murata Manufacturing Co (Murata Manufacturing Co) Business Description

Traded in Other Exchanges
Address
No. 10 No. 1 Yubinbango, Nagaokakyo, 1-chome, Kyoto Higashikotari, Nagaokakyo, JPN, 617-8555
Murata Manufacturing produces passive components for electronic devices. Passive components are necessary for all electronic circuits, used to enable wireless communication, store electricity and handle electric flow, remove electromagnetic noise from circuits, and so on. Thus, passive components are imperative for electronic circuits. For instance, one high-end smartphone contains more than 1,000 passive components. Murata Manufacturing is the global top passive components supplier with 40% market share on MLCC and SAW filters.

Murata Manufacturing Co (Murata Manufacturing Co) Headlines

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