Toyo Seikan Group Holdings (FRA:TQN) EBIT : €242 Mil (TTM As of Dec. 2023)

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What is Toyo Seikan Group Holdings EBIT?

Toyo Seikan Group Holdings's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2023 was €77 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was €242 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Toyo Seikan Group Holdings's annualized ROC % for the quarter that ended in Dec. 2023 was 4.27%. Toyo Seikan Group Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 7.16%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Toyo Seikan Group Holdings's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 7.64%.

Toyo Seikan Group Holdings EBIT Historical Data

The historical data trend for Toyo Seikan Group Holdings'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.

Toyo Seikan Group Holdings EBIT Chart

Toyo Seikan Group Holdings Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

EBIT

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70.03

195.66

466.15

106.00

232.46

Toyo Seikan Group Holdings Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
EBIT	Get a 7-Day Free Trial															-13.61	81.20	61.90	77.00	21.87

Competitive Comparison of Toyo Seikan Group Holdings's EBIT

For the Packaging & Containers subindustry, Toyo Seikan Group Holdings'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.

Toyo Seikan Group Holdings's EV-to-EBIT Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Toyo Seikan Group Holdings's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Toyo Seikan Group Holdings's EV-to-EBIT falls into.

Toyo Seikan Group Holdings 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 €242 Mil.

Toyo Seikan Group Holdings (FRA:TQN) EBIT Explanation

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

Toyo Seikan Group Holdings'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 )
=	309.348 * ( 1 - 13.07% )	/	( (6295.237	+	6292.905)	/ 2 )
=	268.9162164	/	6294.071
=	4.27 %

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	))
=	7616.467	-	745.702	-	( 575.528	-	max(0, 1942.992	-	3876.32	+	575.528	))
=	6295.237

	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	))
=	7615.759	-	753.056	-	( 569.798	-	max(0, 1894.778	-	3838.38	+	569.798	))
=	6292.905

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

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

Toyo Seikan Group Holdings'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 )
=	308	/	( ( (2384.579 + max(1891.759, 0))	+	(2410.358 + max(1913.814, 0)) )	/	2 )
=	308	/	( ( 4276.338	+	4324.172 )	/	2 )
=	308	/	4300.255
=	7.16 %

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)
=	(1577.496	+	1282.564	+	440.732)	-	(745.702	+	0	+	663.331)
=	1891.759

	Working Capital		(Q: Dec. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(1634.087	+	1243.733	+	390.762)	-	(753.056	+	0	+	601.712)
=	1913.814

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:

Toyo Seikan Group Holdings's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Dec. 2023 )
	=	241.974	/	3166.372
	=	7.64 %

Toyo Seikan Group Holdings EBIT Related Terms

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Toyo Seikan Group Holdings (FRA:TQN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Toyo Seikan Group Holdings Ltd (FRA:TQN) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

5901:Japan

Address

2-18-1 Higashi-Gotanda, Osaki Forest Building, Shinagawa-ku, Tokyo, JPN, 141-8640

Website

http://www.toyo-seikan.co.jp

Toyo Seikan Group Holdings is a holding company that, through its subsidiaries, manufactures and sells packaging, steel plates, functional materials, and packaging machinery. The company also has a logistics business that engages in motor truck transportation and warehouse operations, as well as a real estate business. The vast majority of revenue comes from the firm's packaging business, which sells metal cans, plastic containers, caps, bottles, paper containers, and aerosol products. The packaging business also sells equipment that shapes and manufactures packaging products. The vast majority of revenue comes from Japan.

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