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Shikoku Kasei Holdings (TSE:4099) EBIT : 円11,696 Mil (TTM As of Mar. 2024)


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What is Shikoku Kasei Holdings EBIT?

Shikoku Kasei Holdings's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was 円2,910 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was 円11,696 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Shikoku Kasei Holdings's annualized ROC % for the quarter that ended in Mar. 2024 was 8.50%. Shikoku Kasei Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 28.74%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Shikoku Kasei Holdings's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 16.46%.


Shikoku Kasei Holdings EBIT Historical Data

The historical data trend for Shikoku Kasei 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.

Shikoku Kasei Holdings EBIT Chart

Shikoku Kasei Holdings Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Dec23
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7,830.00 8,067.00 8,278.00 9,733.00 11,403.00

Shikoku Kasei 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 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 2,617.00 2,100.00 4,845.00 1,841.00 2,910.00

Competitive Comparison of Shikoku Kasei Holdings's EBIT

For the Specialty Chemicals subindustry, Shikoku Kasei 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.


Shikoku Kasei Holdings's EV-to-EBIT Distribution in the Chemicals Industry

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

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



Shikoku Kasei 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was 円11,696 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.


Shikoku Kasei Holdings  (TSE:4099) EBIT Explanation

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

Shikoku Kasei Holdings'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 )
=9644 * ( 1 - 36.09% )/( (71400 + 73688)/ 2 )
=6163.4804/72544
=8.50 %

where

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

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

Shikoku Kasei Holdings'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 )
=11640/( ( (25360 + max(14802, 0)) + (25740 + max(15093, 0)) )/ 2 )
=11640/( ( 40162 + 40833 )/ 2 )
=11640/40497.5
=28.74 %

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)
=(14496 + 13384 + 4299) - (12194 + 0 + 5183)
=14802

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(16181 + 13091 + 4592) - (12829 + 0 + 5942)
=15093

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:

Shikoku Kasei Holdings's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=11696/71075.372
=16.46 %

* 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.


Shikoku Kasei Holdings EBIT Related Terms

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Shikoku Kasei Holdings (TSE:4099) Business Description

Traded in Other Exchanges
N/A
Address
8-537-1 Dokicho-Higashi, Marugame-shi, Kagawa-ken, JPN, 763-8504
Shikoku Kasei Holdings Corp is engaged in the chemicals and building material business. The chemicals are used in various things and places such as automobiles, smartphones, and pools. The building material products add color to living spaces, such as painted walls, garage front doors, and archways for public facilities.

Shikoku Kasei Holdings (TSE:4099) Headlines

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