GURUFOCUS.COM » STOCK LIST » Technology » Software » Dentsu Soken Inc (OTCPK:IFMNF) » Definitions » EBIT

Dentsu Soken (Dentsu Soken) EBIT : $147.8 Mil (TTM As of Mar. 2024)


View and export this data going back to 2020. Start your Free Trial

What is Dentsu Soken EBIT?

Dentsu Soken's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was $39.9 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was $147.8 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Dentsu Soken's annualized ROC % for the quarter that ended in Mar. 2024 was 14.12%. Dentsu Soken's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 34.92%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Dentsu Soken's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 6.66%.


Dentsu Soken EBIT Historical Data

The historical data trend for Dentsu Soken'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.

Dentsu Soken EBIT Chart

Dentsu Soken Annual Data
Trend Mar14 Mar15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 84.48 105.87 116.00 130.99 145.70

Dentsu Soken 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 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 40.49 36.40 33.24 38.24 39.93

Competitive Comparison of Dentsu Soken's EBIT

For the Information Technology Services subindustry, Dentsu Soken'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.


Dentsu Soken's EV-to-EBIT Distribution in the Software Industry

For the Software industry and Technology sector, Dentsu Soken's EV-to-EBIT distribution charts can be found below:

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



Dentsu Soken 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. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $147.8 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.


Dentsu Soken  (OTCPK:IFMNF) EBIT Explanation

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

Dentsu Soken's annualized ROC % for the quarter that ended in Mar. 2024 is calculated as:

ROC % (Q: Mar. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2023 ) + Invested Capital (Q: Mar. 2024 ))/ count )
=153.704 * ( 1 - 31.07% )/( (763.203 + 737.645)/ 2 )
=105.9481672/750.424
=14.12 %

where

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))
=926.043 - 123.766 - ( 39.074 - max(0, 330.751 - 797.415+39.074))
=763.203

Note: The Operating Income data used here is four times the quarterly (Mar. 2024) data.

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

Dentsu Soken's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2023  Q: Mar. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=159.712/( ( (47.895 + max(432.736, 0)) + (23.088 + max(411.037, 0)) )/ 2 )
=159.712/( ( 480.631 + 434.125 )/ 2 )
=159.712/457.378
=34.92 %

where Working Capital is:

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(246.094 + 0.535 + 511.712) - (123.766 + 0 + 201.839)
=432.736

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(191.298 + 0.174 + 541.648) - (126.453 + 0 + 195.63)
=411.037

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2024) EBIT data.

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=147.81/2219.699
=6.66 %

* 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.


Dentsu Soken EBIT Related Terms

Thank you for viewing the detailed overview of Dentsu Soken's EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.


Dentsu Soken (Dentsu Soken) Business Description

Traded in Other Exchanges
Address
2-17-1, Konan, Minato-ku, Tokyo, JPN, 108-0075
Dentsu Soken Inc provides a range of information technology, or IT, and consulting services. The company organizes itself into four segments based on service type. The financial solutions segment, which generates more revenue than any other segment, builds algorithmic trading systems and provides cash management, banking, and corporate finance services. The manufacturing solutions segment provides IT solutions for the entire product lifecycle, from product development and production, to sales and maintenance in the manufacturing industry. The communication IT solutions segment provides e-commerce and customer relationship management services. The business solutions segment provides consulting and IT services.

Dentsu Soken (Dentsu Soken) Headlines

No Headlines