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Toho Titanium Co (FRA:40A) EBIT : €28.5 Mil (TTM As of Sep. 2024)


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What is Toho Titanium Co EBIT?

Toho Titanium Co's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2024 was €-2.1 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2024 was €28.5 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Toho Titanium Co's annualized ROC % for the quarter that ended in Sep. 2024 was 2.30%. Toho Titanium Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was -1.29%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Toho Titanium Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 3.84%.


Toho Titanium Co EBIT Historical Data

The historical data trend for Toho Titanium 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.

Toho Titanium Co EBIT Chart

Toho Titanium Co 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 31.19 -19.14 39.54 73.70 39.37

Toho Titanium Co Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 12.40 5.75 13.80 11.08 -2.11

Competitive Comparison of Toho Titanium Co's EBIT

For the Other Industrial Metals & Mining subindustry, Toho Titanium 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.


Toho Titanium Co's EV-to-EBIT Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Toho Titanium Co's EV-to-EBIT distribution charts can be found below:

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



Toho Titanium 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 Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €28.5 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.


Toho Titanium Co  (FRA:40A) EBIT Explanation

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

Toho Titanium Co's annualized ROC % for the quarter that ended in Sep. 2024 is calculated as:

ROC % (Q: Sep. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jun. 2024 ) + Invested Capital (Q: Sep. 2024 ))/ count )
=24.784 * ( 1 - 34.96% )/( (0 + 700.429)/ 1 )
=16.1195136/700.429
=2.30 %

where

Invested Capital(Q: Sep. 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))
=748.821 - 22.778 - ( 25.614 - max(0, 270.021 - 428.743+25.614))
=700.429

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

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

Toho Titanium Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Sep. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2024  Q: Sep. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-8.444/( ( (0 + max(0, 0)) + (305.228 + max(347.142, 0)) )/ 1 )
=-8.444/( ( 0 + 652.37 )/ 1 )
=-8.444/652.37
=-1.29 %

where Working Capital is:

Working Capital(Q: Jun. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0) - (0 + 0 + 0)
=0

Working Capital(Q: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(85.452 + 301.233 + 9.643) - (22.778 + 0 + 26.408)
=347.142

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Sep. 2024) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2024 )
=28.519/742.117
=3.84 %

* 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.


Toho Titanium Co EBIT Related Terms

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Toho Titanium Co Business Description

Traded in Other Exchanges
Address
3-3-5,Chigasaki, Chigasaki City, Kanagawa, JPN, 2538510
Toho Titanium Co Ltd is a company which focuses on titanium products. Through its titanium business, the company manufactures titanium ingots, titanium sponge, high-purity titanium, and fabricated titanium products. Products are sold across several industries, mostly for aerospace and electronic materials production. Materials gained in the titanium production process are utilised to create catalysts, titanium dioxide for electronic materials, and nickel powder for capacitors. These products form the catalysts and chemicals business, and the output is largely sold to petrochemical companies and businesses manufacturing electronic materials.

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