GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » TechnoPro Holdings Inc (OTCPK:TCCPY) » Definitions » EBIT

TechnoPro Holdings (TechnoPro Holdings) EBIT : $165 Mil (TTM As of Dec. 2023)


View and export this data going back to 2018. Start your Free Trial

What is TechnoPro Holdings EBIT?

TechnoPro Holdings's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2023 was $47 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was $165 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. TechnoPro Holdings's annualized ROC % for the quarter that ended in Dec. 2023 was 20.19%. TechnoPro Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 380.40%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. TechnoPro Holdings's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 9.13%.


TechnoPro Holdings EBIT Historical Data

The historical data trend for TechnoPro Holdings'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.

TechnoPro Holdings EBIT Chart

TechnoPro Holdings Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 128.07 148.45 178.57 157.52 155.87

TechnoPro Holdings 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 38.37 40.87 37.57 39.77 46.51

Competitive Comparison of TechnoPro Holdings's EBIT

For the Staffing & Employment Services subindustry, TechnoPro Holdings'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.


TechnoPro Holdings's EV-to-EBIT Distribution in the Business Services Industry

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

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



TechnoPro Holdings 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 $165 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.


TechnoPro Holdings  (OTCPK:TCCPY) EBIT Explanation

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

TechnoPro Holdings'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 )
=184.164 * ( 1 - 30.29% )/( (627.428 + 644.229)/ 2 )
=128.3807244/635.8285
=20.19 %

where

Invested Capital(Q: Sep. 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))
=961.223 - 158.612 - ( 252.684 - max(0, 322.764 - 497.947+252.684))
=627.428

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))
=1003.997 - 143.366 - ( 308.144 - max(0, 327.223 - 543.625+308.144))
=644.229

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

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

TechnoPro Holdings'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 )
=186.052/( ( (49.139 + max(-34.909, 0)) + (48.68 + max(-50.16, 0)) )/ 2 )
=186.052/( ( 49.139 + 48.68 )/ 2 )
=186.052/48.9095
=380.40 %

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)
=(185.904 + 0 + 59.359) - (158.612 + 0 + 121.56)
=-34.909

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(191.795 + 0 + 43.686) - (143.366 + 0 + 142.275)
=-50.16

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:

TechnoPro Holdings's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2023 )
=164.72/1804.460
=9.13 %

* 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.


TechnoPro Holdings EBIT Related Terms

Thank you for viewing the detailed overview of TechnoPro Holdings's EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.


TechnoPro Holdings (TechnoPro Holdings) Business Description

Traded in Other Exchanges
Address
Roppongi Hills Mori Tower 35th Floor, 6-10-1 Roppongi, Minato-ku, Tokyo, JPN, 106-6135
TechnoPro Holdings Inc is a Japanese based company engaged in providing technical staffing and solutions. It provides technical services such as research and development and product development in various technical fields such as machinery, electricity, electronics, embedded control, information system, information infrastructure, plant engineering, chemistry, bio, medicine, and new materials. The company serves a range of industries such as automotive, semiconductors, telecommunications and aerospace.

TechnoPro Holdings (TechnoPro Holdings) Headlines

From GuruFocus

A First Look at TechnoPro

By Steven Chen Steven Chen 05-26-2020

David Nadel Buys 4 Stocks in 3rd Quarter

By James Li James Li 11-06-2019

Matthews Japan Fund Third Quarter 2015 Commentary

By Holly LaFon Holly LaFon 10-22-2015

Matthews Japan Fund Comments on Technopro

By Sydnee Gatewood Sydnee Gatewood 01-25-2021