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Seiko Epson (Seiko Epson) EBIT : $526 Mil (TTM As of Mar. 2024)


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What is Seiko Epson EBIT?

Seiko Epson's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was $75 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was $526 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Seiko Epson's annualized ROC % for the quarter that ended in Mar. 2024 was 2.44%. Seiko Epson's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 6.89%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Seiko Epson's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 11.80%.


Seiko Epson EBIT Historical Data

The historical data trend for Seiko Epson'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.

Seiko Epson EBIT Chart

Seiko Epson Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 388.82 451.43 837.34 791.45 485.97

Seiko Epson 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 119.21 205.10 72.04 173.43 75.37

Competitive Comparison of Seiko Epson's EBIT

For the Computer Hardware subindustry, Seiko Epson'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.


Seiko Epson's EV-to-EBIT Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Seiko Epson's EV-to-EBIT distribution charts can be found below:

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



Seiko Epson 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 $526 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.


Seiko Epson  (OTCPK:SEKEY) EBIT Explanation

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

Seiko Epson'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 )
=155.816 * ( 1 - 2.88% )/( (6307.38 + 6104.128)/ 2 )
=151.3284992/6205.754
=2.44 %

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))
=9425.579 - 1125.207 - ( 1992.992 - max(0, 2461.976 - 6213.138+1992.992))
=6307.38

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))
=9432.033 - 1122.064 - ( 2205.841 - max(0, 2485.639 - 6230.782+2205.841))
=6104.128

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

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

Seiko Epson'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 )
=301.484/( ( (2530.506 + max(1963.703, 0)) + (2518.599 + max(1737.462, 0)) )/ 2 )
=301.484/( ( 4494.209 + 4256.061 )/ 2 )
=301.484/4375.135
=6.89 %

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)
=(1453.638 + 2505.544 + 260.964) - (1125.207 + 0 + 1131.236)
=1963.703

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1420.258 + 2390.818 + 213.865) - (1122.064 + 0 + 1165.415)
=1737.462

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:

Seiko Epson's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=525.927/4456.959
=11.80 %

* 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.


Seiko Epson EBIT Related Terms

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Seiko Epson (Seiko Epson) Business Description

Traded in Other Exchanges
Address
3-5 Owa 3-chome, Suwa, Nagano, JPN, 392-8502
Seiko Epson Corp is a Japan-based electronics manufacturer of printers and imaging equipment. The firm's product portfolio includes inkjet, dot matrix, and laser printers, scanners, desktop computers, business, multimedia and home theatre projectors, large home theatre televisions, robots and industrial automation equipment, point of sale docket printers and cash registers, laptops, integrated circuits, and associated electronic components. The firm has operations in the Americas, Middle East and Africa, Australia, and Asia-Pacific regions.