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Ecomic Co (TSE:3802) EV-to-EBIT : 7.76 (As of May. 12, 2024)


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What is Ecomic Co EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Ecomic Co's Enterprise Value is 円1,835 Mil. Ecomic Co's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was 円236 Mil. Therefore, Ecomic Co's EV-to-EBIT for today is 7.76.

The historical rank and industry rank for Ecomic Co's EV-to-EBIT or its related term are showing as below:

TSE:3802' s EV-to-EBIT Range Over the Past 10 Years
Min: 4.09   Med: 8.31   Max: 25.75
Current: 7.76

During the past 10 years, the highest EV-to-EBIT of Ecomic Co was 25.75. The lowest was 4.09. And the median was 8.31.

TSE:3802's EV-to-EBIT is ranked better than
71.89% of 843 companies
in the Business Services industry
Industry Median: 12.64 vs TSE:3802: 7.76

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Ecomic Co's Enterprise Value for the quarter that ended in Dec. 2023 was 円1,779 Mil. Ecomic Co's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was 円236 Mil. Ecomic Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 13.29%.


Ecomic Co EV-to-EBIT Historical Data

The historical data trend for Ecomic Co's EV-to-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.

Ecomic Co EV-to-EBIT Chart

Ecomic Co Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
EV-to-EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 11.43 5.06 4.91

Ecomic Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
EV-to-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 8.46 4.91 5.55 5.79 7.52

Competitive Comparison of Ecomic Co's EV-to-EBIT

For the Specialty Business Services subindustry, Ecomic 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.


Ecomic Co's EV-to-EBIT Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Ecomic Co's EV-to-EBIT distribution charts can be found below:

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



Ecomic Co EV-to-EBIT Calculation

Ecomic Co's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=1834.995/236.458
=7.76

Ecomic Co's current Enterprise Value is 円1,835 Mil.
Ecomic Co's 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236 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.


Ecomic Co  (TSE:3802) EV-to-EBIT Explanation

This is a more accurate valuation of companies' operation because it considers the debt and cash on its balance sheet, and non-operating items such as interest payment, tax, and one-time items are not included in the Operating Income.

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %.

Ecomic Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Dec. 2023 ) =EBIT / Enterprise Value (Q: Dec. 2023 )
=236.458/1778.74978
=13.29 %

Ecomic Co's Enterprise Value for the quarter that ended in Dec. 2023 was 円1,779 Mil.
Ecomic Co's 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236 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.


Ecomic Co EV-to-EBIT Related Terms

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Ecomic Co (TSE:3802) Business Description

Traded in Other Exchanges
N/A
Address
Otanishi 8-chome 1-1 Asahi Life Sapporo Odori Building, Chuo-ku, Sapporo, JPN, 060-0042
Ecomic Co Ltd is a Japanese firm. It provides payroll outsourcing services. The Company develops and sells payroll calculation systems and provides salary consulting services throughout Japan. It also develops and maintains computer software and sells and operates personnel management systems.

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