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OMRON (TSE:6645) EBIT : 円34,953 Mil (TTM As of Mar. 2024)


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What is OMRON EBIT?

OMRON's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was 円3,484 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was 円34,953 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. OMRON's annualized ROC % for the quarter that ended in Mar. 2024 was 0.81%. OMRON's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 3.42%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. OMRON's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 2.92%.


OMRON EBIT Historical Data

The historical data trend for OMRON'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.

OMRON EBIT Chart

OMRON 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 51,836.00 65,089.00 86,714.00 98,409.00 34,953.00

OMRON 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 27,748.00 18,561.00 6,433.00 6,475.00 3,484.00

Competitive Comparison of OMRON's EBIT

For the Electronic Components subindustry, OMRON'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.


OMRON's EV-to-EBIT Distribution in the Hardware Industry

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

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



OMRON 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 円34,953 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.


OMRON  (TSE:6645) EBIT Explanation

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

OMRON'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 )
=13936 * ( 1 - 36.54% )/( (1064389 + 1122638)/ 2 )
=8843.7856/1093513.5
=0.81 %

where

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

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

OMRON'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 )
=13936/( ( (187156 + max(220493, 0)) + (191158 + max(216799, 0)) )/ 2 )
=13936/( ( 407649 + 407957 )/ 2 )
=13936/407803
=3.42 %

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)
=(153898 + 187964 + 53535) - (90732 + 0 + 84172)
=220493

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(172268 + 174034 + 59273) - (89005 + 0 + 99771)
=216799

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=34953/1197381.443
=2.92 %

* 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.


OMRON EBIT Related Terms

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OMRON (TSE:6645) Business Description

Traded in Other Exchanges
Address
Shiokoji Horikawa, Shimogyo-ku, Kyoto, JPN, 600-8530
Omron Corporation is an diversified industrials company that engages mainly in industrial automation, healthcare, and social systems, electronic/mechanical components businesses. The industrial automation business offers automation control systems, motion/drives, sensors, and robotics. The social systems business provides automated ticket gates in train stations, ticket vending machines, as well as onboard driver monitoring service in mainly Japan. The company's healthcare business offers BPMs, nebulizers, electrotherapy devices, thermometers, and others. The electronic/mechanical components business offers mainly switches, safety and control components, and relays. Omron was founded in 1933 and is headquartered in Kyoto, Japan.

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