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Furukawa Electric Co (TSE:5801) EBIT : 円18,551 Mil (TTM As of Dec. 2023)


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What is Furukawa Electric Co EBIT?

Furukawa Electric Co's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2023 was 円2,270 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was 円18,551 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Furukawa Electric Co's annualized ROC % for the quarter that ended in Dec. 2023 was 30.65%. Furukawa Electric Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 1.76%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Furukawa Electric Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 3.21%.


Furukawa Electric Co EBIT Historical Data

The historical data trend for Furukawa Electric 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.

Furukawa Electric Co EBIT Chart

Furukawa Electric 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 39,832.00 35,077.00 24,902.00 23,805.00 36,636.00

Furukawa Electric 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 10,156.00 11,890.00 2,994.00 1,397.00 2,270.00

Competitive Comparison of Furukawa Electric Co's EBIT

For the Electrical Equipment & Parts subindustry, Furukawa Electric 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.


Furukawa Electric Co's EV-to-EBIT Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Furukawa Electric Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Furukawa Electric Co's EV-to-EBIT falls into.



Furukawa Electric 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18,551 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.


Furukawa Electric Co  (TSE:5801) EBIT Explanation

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

Furukawa Electric 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 )
=16228 * ( 1 - -1379.83% )/( (782841 + 784067)/ 2 )
=240146.8124/783454
=30.65 %

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:

Furukawa Electric 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 )
=9080/( ( (277065 + max(236712, 0)) + (273415 + max(247009, 0)) )/ 2 )
=9080/( ( 513777 + 520424 )/ 2 )
=9080/517100.5
=1.76 %

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)
=(227077 + 187667 + 35702) - (127298 + 0 + 86436)
=236712

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(226506 + 194277 + 36975) - (128082 + 0 + 82667)
=247009

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:

Furukawa Electric Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2023 )
=18551/578616.116
=3.21 %

* 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.


Furukawa Electric Co EBIT Related Terms

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Furukawa Electric Co (TSE:5801) Business Description

Traded in Other Exchanges
Address
Marunouchi Nakadori Building, 2-3, Marunouchi 2-chome, Chiyodaku, Tokyo, JPN, 100-8322
Furukawa Electric Co Ltd offers products related to various industries and technologies. It provides products such as optical fiber cables, indoor conduits, ultra-battery, triple insulated wires, water feeding piping systems and industrial lasers. The company's segments are Telecommunications, Energy and Industrial products, Electronics and Automotive Systems, Metals, Light Metals, Services, and Others. It derives the majority of its revenues from electronics and automotive systems segment. The company operates in Japan, South-East Asia, Korea, Taiwan, India, China and North America.

Furukawa Electric Co (TSE:5801) Headlines

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