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Daieisangyo Co (FSE:2974) EBIT : 円476 Mil (TTM As of Mar. 2024)


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What is Daieisangyo Co EBIT?

Daieisangyo Co's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was 円-71 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was 円476 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Daieisangyo Co's annualized ROC % for the quarter that ended in Mar. 2024 was -0.89%. Daieisangyo Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was -1.05%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Daieisangyo Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 2.04%.


Daieisangyo Co EBIT Historical Data

The historical data trend for Daieisangyo 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.

Daieisangyo Co EBIT Chart

Daieisangyo Co Annual Data
Trend Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
EBIT
Get a 7-Day Free Trial 2,312.79 1,293.15 1,074.86 1,359.38 1,183.01

Daieisangyo Co 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 71.68 47.41 751.37 -252.35 -70.88

Competitive Comparison of Daieisangyo Co's EBIT

For the Real Estate Services subindustry, Daieisangyo 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.


Daieisangyo Co's EV-to-EBIT Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Daieisangyo Co's EV-to-EBIT distribution charts can be found below:

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



Daieisangyo 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was 円476 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.


Daieisangyo Co  (FSE:2974) EBIT Explanation

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

Daieisangyo Co'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 )
=-404.84 * ( 1 - 34.18% )/( (29436.389 + 30440.7)/ 2 )
=-266.465688/29938.5445
=-0.89 %

where

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))
=39858.177 - 3091.289 - ( 7330.499 - max(0, 22676.78 - 37524.849+7330.499))
=29436.389

Invested Capital(Q: Mar. 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))
=39817.05 - 2417.26 - ( 6959.09 - max(0, 20969.19 - 37441.349+6959.09))
=30440.7

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

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

Daieisangyo Co'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 )
=-283.5/( ( (1829.4 + max(25010.567, 0)) + (1803.65 + max(25601.644, 0)) )/ 2 )
=-283.5/( ( 26839.967 + 27405.294 )/ 2 )
=-283.5/27122.6305
=-1.05 %

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)
=(39.713 + 29654.206 + 500.431) - (3091.289 + 0 + 2092.494)
=25010.567

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(52.566 + 29892.523 + 537.17) - (2417.26 + 0 + 2463.355)
=25601.644

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=475.555/23320.209
=2.04 %

* 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.


Daieisangyo Co EBIT Related Terms

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Daieisangyo Co (FSE:2974) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
4-chome 1st 36, Shimokamizu, Hachiman Nishi Ward, Kitakyushu, JPN, 807-0075
Daieisangyo Co Ltd is a Japanese based company engaged in real estate business. It is primarily involved in sale of newly built condominiums, custom housing, second home sales, sale of newly built detached houses and other related services.

Daieisangyo Co (FSE:2974) Headlines

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