GURUFOCUS.COM » STOCK LIST » Technology » Software » AsiaQuest Co Ltd (TSE:4261) » Definitions » EBIT
中文

AsiaQuest Co (TSE:4261) EBIT : 円312 Mil (TTM As of Dec. 2023)


View and export this data going back to 2021. Start your Free Trial

What is AsiaQuest Co EBIT?

AsiaQuest Co's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2023 was 円136 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was 円312 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. AsiaQuest Co's annualized ROC % for the quarter that ended in Dec. 2023 was 72.68%. AsiaQuest Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 439.60%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. AsiaQuest Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 10.98%.


AsiaQuest Co EBIT Historical Data

The historical data trend for AsiaQuest 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.

AsiaQuest Co EBIT Chart

AsiaQuest Co Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
EBIT
14.41 93.62 296.20 366.93 312.49

AsiaQuest Co Quarterly Data
Dec19 Dec20 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 98.70 119.66 22.30 34.37 136.16

Competitive Comparison of AsiaQuest Co's EBIT

For the Information Technology Services subindustry, AsiaQuest 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.


AsiaQuest Co's EV-to-EBIT Distribution in the Software Industry

For the Software industry and Technology sector, AsiaQuest Co's EV-to-EBIT distribution charts can be found below:

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



AsiaQuest 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 Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was 円312 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.


AsiaQuest Co  (TSE:4261) EBIT Explanation

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

AsiaQuest Co'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 )
=551.972 * ( 1 - 34.67% )/( (526.299 + 466.069)/ 2 )
=360.6033076/496.184
=72.68 %

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))
=2179.444 - 219.115 - ( 1548.584 - max(0, 588.753 - 2022.783+1548.584))
=526.299

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))
=2262.51 - 278.452 - ( 1517.989 - max(0, 599.332 - 2123.24+1517.989))
=466.069

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

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

AsiaQuest Co'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 )
=544.64/( ( (74.92 + max(-45.81, 0)) + (100.095 + max(72.772, 0)) )/ 2 )
=544.64/( ( 74.92 + 172.867 )/ 2 )
=544.64/123.8935
=439.60 %

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)
=(412.951 + 8.714 + 52.534) - (219.115 + 0 + 300.894)
=-45.81

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(545.556 + 2.232 + 57.463) - (278.452 + 0 + 254.027)
=72.772

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2023 )
=312.489/2846.661
=10.98 %

* 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.


AsiaQuest Co EBIT Related Terms

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


AsiaQuest Co (TSE:4261) Business Description

Traded in Other Exchanges
N/A
Address
3-11-13 Iidabashi, Iidabashi i-MARK ANNEX 6th Floor, Chiyoda-ku, Tokyo, JPN, 102-0072
AsiaQuest Co Ltd is involved in the Digital Transformation Business. It provides services thatsupport client's digital transformation, combined with experts consultation, system, application and product development.

AsiaQuest Co (TSE:4261) Headlines

No Headlines