Star Micronics Co (TSE:7718) EBIT : 円7,599 Mil (TTM As of Mar. 2024)

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What is Star Micronics Co EBIT?

Star Micronics Co's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was 円1,008 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was 円7,599 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Star Micronics Co's annualized ROC % for the quarter that ended in Mar. 2024 was 3.16%. Star Micronics Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 8.34%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Star Micronics Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 17.75%.

Star Micronics Co EBIT Historical Data

The historical data trend for Star Micronics 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.

Star Micronics Co EBIT Chart

Star Micronics Co Annual Data

Trend

Feb14

Feb15

Feb16

Feb17

Feb18

Dec19

Dec20

Dec21

Dec22

Dec23

EBIT

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5,347.99

2,907.56

7,982.75

14,243.56

11,131.23

Star Micronics Co 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															4,540.19	3,296.49	2,439.35	855.21	1,008.20

Competitive Comparison of Star Micronics Co's EBIT

For the Specialty Industrial Machinery subindustry, Star Micronics 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.

Star Micronics Co's EV-to-EBIT Distribution in the Industrial Products Industry

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

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

Star Micronics 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was 円7,599 Mil.

Star Micronics Co (TSE:7718) EBIT Explanation

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

Star Micronics Co'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 )
=	3101.568 * ( 1 - 38.88% )	/	( (60017.677	+	59886.852)	/ 2 )
=	1895.6783616	/	59952.2645
=	3.16 %

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	))
=	93398.545	-	3658.934	-	( 29721.934	-	max(0, 11408.047	-	73356.941	+	29721.934	))
=	60017.677

	Invested Capital		(Q: Mar. 2024 )
=	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	))
=	95542.544	-	5046.706	-	( 30608.986	-	max(0, 12100.154	-	75166.951	+	30608.986	))
=	59886.852

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

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

Star Micronics Co'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 )
=	4032.8	/	( ( (15902.946 + max(32285.001, 0))	+	(16006.774 + max(32511.12, 0)) )	/	2 )
=	4032.8	/	( ( 48187.947	+	48517.894 )	/	2 )
=	4032.8	/	48352.9205
=	8.34 %

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)
=	(18594.767	+	21762.673	+	3277.567)	-	(3658.934	+	0	+	7691.072)
=	32285.001

	Working Capital		(Q: Mar. 2024 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(18389.794	+	22423.404	+	3744.767)	-	(5046.706	+	0	+	7000.139)
=	32511.12

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:

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

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Mar. 2024 )
	=	7599.246	/	42803.774
	=	17.75 %

Star Micronics Co EBIT Related Terms

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Star Micronics Co (TSE:7718) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Star Micronics Co Ltd (TSE:7718) » Definitions » EBIT

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Traded in Other Exchanges

2ZN:Germany

Address

20-10 Nakayoshida, Suruga-ku, Shizuoka, JPN, 422-8654

Website

https://www.star-m.jp

Star Micronics Co Ltd is engaged in the manufacture and sale of machinery, electronic components, machine tools and precision parts. It operates with various segment namely; Special products segment which offers point-of-sale printers, Visual cards, Readers and Writers; Components segment produces and sells electronic buzzers, microphones, speakers, receivers and others; Machine Tools segment offers computer numeric control automatic lathes and others; and Precision Products segment produces and sells wristwatch parts, optical connector parts, automotive parts, medical parts and others. The company generates most of its revenue from the machine tools segment and it has business presence worldwide, including Japan, the United States, Europe, and other Asian areas.

Star Micronics Co (TSE:7718) Headlines

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