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Nisshin Seifun Group (FRA:NFR) EBIT : €335 Mil (TTM As of Dec. 2023)


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What is Nisshin Seifun Group EBIT?

Nisshin Seifun Group's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2023 was €115 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was €335 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Nisshin Seifun Group's annualized ROC % for the quarter that ended in Dec. 2023 was 7.09%. Nisshin Seifun Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 21.00%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Nisshin Seifun Group's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 10.57%.


Nisshin Seifun Group EBIT Historical Data

The historical data trend for Nisshin Seifun Group'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.

Nisshin Seifun Group EBIT Chart

Nisshin Seifun Group 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 306.46 251.49 257.96 30.92 323.13

Nisshin Seifun Group 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 130.28 91.39 83.94 114.95 45.01

Competitive Comparison of Nisshin Seifun Group's EBIT

For the Packaged Foods subindustry, Nisshin Seifun Group'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.


Nisshin Seifun Group's EV-to-EBIT Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Nisshin Seifun Group's EV-to-EBIT distribution charts can be found below:

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



Nisshin Seifun Group 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 €335 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.


Nisshin Seifun Group  (FRA:NFR) EBIT Explanation

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

Nisshin Seifun Group'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 )
=417.392 * ( 1 - 34.77% )/( (3790.697 + 3885.064)/ 2 )
=272.2648016/3837.8805
=7.09 %

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))
=4857.386 - 498.126 - ( 568.563 - max(0, 930.574 - 2178.299+568.563))
=3790.697

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))
=5000.056 - 517.783 - ( 597.209 - max(0, 994.041 - 2259.938+597.209))
=3885.064

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

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

Nisshin Seifun Group'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 )
=459.78/( ( (1436.564 + max(742.146, 0)) + (1434.824 + max(765.202, 0)) )/ 2 )
=459.78/( ( 2178.71 + 2200.026 )/ 2 )
=459.78/2189.368
=21.00 %

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)
=(739.257 + 766.959 + 103.52) - (498.126 + 0 + 369.464)
=742.146

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(772.442 + 793.428 + 96.859) - (517.783 + 0 + 379.744)
=765.202

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:

Nisshin Seifun Group's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2023 )
=335.294/3173.511
=10.57 %

* 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.


Nisshin Seifun Group EBIT Related Terms

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Nisshin Seifun Group (FRA:NFR) Business Description

Traded in Other Exchanges
Address
1-25, Kanda-Nishiki-cho, Chiyoda-ku, Tokyo, JPN, 101-8441
Nisshin Seifun Group Inc is a Japanese holding company with the following brands under its umbrella: Nisshin Flour Milling, Nisshin Foods, Nisshin Pharma, Nisshin Petfood, Nisshin Engineering, Oriental Yeast, NBC Meshtec, and Initio Foods. Nisshin Flour Milling supplies basic food materials (wheat flour, wheat bran, rye) for manufacturing use. Nisshin Foods offers frozen foods and chilled foods. These two businesses are the core operations. Nisshin Pharma produces active pharmaceutical ingredients and pharmaceutical products. Nisshin Petfood offers pet food. Nisshin Engineering designs and offers management of manufacturing and processing facilities for food-related ingredients and sells powder-processing-related equipment.

Nisshin Seifun Group (FRA:NFR) Headlines

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