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Benefit One (TSE:2412) EBIT : 円8,594 Mil (TTM As of Dec. 2023)


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What is Benefit One EBIT?

Benefit One's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2023 was 円2,262 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was 円8,594 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Benefit One's annualized ROC % for the quarter that ended in Dec. 2023 was 17.39%. Benefit One's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 579.07%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Benefit One's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 2.50%.


Benefit One EBIT Historical Data

The historical data trend for Benefit One'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.

Benefit One EBIT Chart

Benefit One 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 7,619.00 8,234.00 9,857.00 12,875.00 11,346.00

Benefit One 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 3,092.00 2,691.00 1,974.00 1,667.00 2,262.00

Competitive Comparison of Benefit One's EBIT

For the Staffing & Employment Services subindustry, Benefit One'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.


Benefit One's EV-to-EBIT Distribution in the Business Services Industry

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

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



Benefit One 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8,594 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.


Benefit One  (TSE:2412) EBIT Explanation

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

Benefit One'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 )
=9096 * ( 1 - 32.95% )/( (35109 + 35016)/ 2 )
=6098.868/35062.5
=17.39 %

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:

Benefit One'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 )
=9048/( ( (1566 + max(-2029, 0)) + (1559 + max(-496, 0)) )/ 2 )
=9048/( ( 1566 + 1559 )/ 2 )
=9048/1562.5
=579.07 %

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)
=(4558 + 1856 + 7583) - (8599 + 0 + 7427)
=-2029

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(4220 + 2086 + 7904) - (7045 + 0 + 7661)
=-496

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:

Benefit One's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2023 )
=8594/343542.833
=2.50 %

* 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.


Benefit One EBIT Related Terms

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Benefit One (TSE:2412) Business Description

Traded in Other Exchanges
Address
Job Hub Square 6-2, 2-chome, 9th Floor, Otemachi, Chiyoda-ku, Tokyo, JPN, 100-0004
Benefit One Inc is a Japanese company providing provisions of agency business for welfare work. The company mainly engages in welfare work and sales. It provides lodging facilities, schools, and sports clubs to people under various schemes. It also markets products on its seasonal magazines and website for sales purpose.

Benefit One (TSE:2412) Headlines

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