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Mitsui Mining and Smelting Co (TSE:5706) EBIT : 円15,534 Mil (TTM As of Dec. 2023)


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What is Mitsui Mining and Smelting Co EBIT?

Mitsui Mining and Smelting Co's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2023 was 円10,379 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was 円15,534 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Mitsui Mining and Smelting Co's annualized ROC % for the quarter that ended in Dec. 2023 was 5.76%. Mitsui Mining and Smelting Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 10.27%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Mitsui Mining and Smelting Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 3.45%.


Mitsui Mining and Smelting Co EBIT Historical Data

The historical data trend for Mitsui Mining and Smelting 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.

Mitsui Mining and Smelting Co EBIT Chart

Mitsui Mining and Smelting 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 16,767.00 7,543.00 56,345.00 66,366.00 17,200.00

Mitsui Mining and Smelting 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 -9,804.00 -7,522.00 4,287.00 8,390.00 10,379.00

Competitive Comparison of Mitsui Mining and Smelting Co's EBIT

For the Conglomerates subindustry, Mitsui Mining and Smelting 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.


Mitsui Mining and Smelting Co's EV-to-EBIT Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Mitsui Mining and Smelting Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Mitsui Mining and Smelting Co's EV-to-EBIT falls into.



Mitsui Mining and Smelting 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 円15,534 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.


Mitsui Mining and Smelting Co  (TSE:5706) EBIT Explanation

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

Mitsui Mining and Smelting 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 )
=40568 * ( 1 - 23.4% )/( (542353 + 536067)/ 2 )
=31075.088/539210
=5.76 %

where

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

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

Mitsui Mining and Smelting 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 )
=41516/( ( (197536 + max(209133, 0)) + (194636 + max(207408, 0)) )/ 2 )
=41516/( ( 406669 + 402044 )/ 2 )
=41516/404356.5
=10.27 %

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)
=(117049 + 169587 + 27114) - (57760 + 0 + 46857)
=209133

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(109289 + 170324 + 28637) - (57821 + 0 + 43021)
=207408

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:

Mitsui Mining and Smelting Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2023 )
=15534/449883.135
=3.45 %

* 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.


Mitsui Mining and Smelting Co EBIT Related Terms

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Mitsui Mining and Smelting Co (TSE:5706) Business Description

Traded in Other Exchanges
Address
1-11-1 Osaki, Gate City Ohsaki, West Tower, 19th Floor, Shingagawa-ku, Tokyo, JPN, 141-8584
Mitsui Mining and Smelting Co Ltd (Mitsui Kinzoku) is a Japanese company which primarily supplies and produces metals for manufacturers of both automobiles and telecommunications devices. The company is split across four segments: Engineered Materials, within which Mitsui Kinzoku supplies catalytic converters, battery materials, and copper foil used in microelectronics; Metals, which involves mining, smelting, and recycling copper and zinc; Automotive Parts and Components, which principally manufactures door-related automotive parts; and Affiliates Coordination, which includes perlite, die-casting, and engineering projects. Whilst Mitsui Kinzoku derives the majority of revenue domestically, the company operates in several overseas markets, notably the United States and mainland Asia.

Mitsui Mining and Smelting Co (TSE:5706) Headlines

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