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Fund Creation Group Co (TSE:3266) EBIT : 円331 Mil (TTM As of Feb. 2024)


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What is Fund Creation Group Co EBIT?

Fund Creation Group Co's earnings before interest and taxes (EBIT) for the three months ended in Feb. 2024 was 円-45 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Feb. 2024 was 円331 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Fund Creation Group Co's annualized ROC % for the quarter that ended in Feb. 2024 was -4.71%. Fund Creation Group Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Feb. 2024 was -6.88%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Fund Creation Group Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Feb. 2024 was 8.14%.


Fund Creation Group Co EBIT Historical Data

The historical data trend for Fund Creation Group 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.

Fund Creation Group Co EBIT Chart

Fund Creation Group Co Annual Data
Trend Nov14 Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 108.00 60.00 227.00 283.00 341.00

Fund Creation Group Co Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 -35.00 75.00 214.00 87.00 -45.00

Competitive Comparison of Fund Creation Group Co's EBIT

For the Asset Management subindustry, Fund Creation Group 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.


Fund Creation Group Co's EV-to-EBIT Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Fund Creation Group Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Fund Creation Group Co's EV-to-EBIT falls into.



Fund Creation Group 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 Feb. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was 円331 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.


Fund Creation Group Co  (TSE:3266) EBIT Explanation

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

Fund Creation Group Co's annualized ROC % for the quarter that ended in Feb. 2024 is calculated as:

ROC % (Q: Feb. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Nov. 2023 ) + Invested Capital (Q: Feb. 2024 ))/ count )
=-176 * ( 1 - 4.84% )/( (3465 + 3650)/ 2 )
=-167.4816/3557.5
=-4.71 %

where

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

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

Fund Creation Group Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Feb. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Feb. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Nov. 2023  Q: Feb. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-180/( ( (477 + max(1812, 0)) + (418 + max(2527, 0)) )/ 2 )
=-180/( ( 2289 + 2945 )/ 2 )
=-180/2617
=-6.88 %

where Working Capital is:

Working Capital(Q: Nov. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(97 + 2100 + 240) - (213 + 0 + 412)
=1812

Working Capital(Q: Feb. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(81 + 2681 + 46) - (149 + 0 + 132)
=2527

When net working capital is negative, 0 is used.

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

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

Fund Creation Group Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Feb. 2024 )
=331/4065.470
=8.14 %

* 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.


Fund Creation Group Co EBIT Related Terms

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Fund Creation Group Co (TSE:3266) Business Description

Traded in Other Exchanges
N/A
Address
1-4 Kojimachi, Hanzomon First Building 5th Floor, Chiyoda-ku, Tokyo, JPN, 102-0083
Fund Creation Group Co Ltd operates a variety of businesses, with asset management business and investment bank business as its core businesses. It aims for the organic development of each business by making full use of its high expertise.

Fund Creation Group Co (TSE:3266) Headlines

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