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Okura Holdings (HKSE:01655) EBIT : HK$106.9 Mil (TTM As of Jun. 2024)


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What is Okura Holdings EBIT?

Okura Holdings's earnings before interest and taxes (EBIT) for the six months ended in Jun. 2024 was HK$43.3 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2024 was HK$106.9 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Okura Holdings's annualized ROC % for the quarter that ended in Jun. 2024 was 9.92%. Okura Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was 17.23%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Okura Holdings's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was 36.15%.


Okura Holdings EBIT Historical Data

The historical data trend for Okura Holdings'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.

Okura Holdings EBIT Chart

Okura Holdings Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only -468.05 -0.49 -56.48 186.35 101.32

Okura Holdings Semi-Annual Data
Jun14 Jun15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 -42.53 15.99 171.00 63.57 43.34

Competitive Comparison of Okura Holdings's EBIT

For the Gambling subindustry, Okura Holdings'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.


Okura Holdings's EV-to-EBIT Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Okura Holdings's EV-to-EBIT distribution charts can be found below:

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



Okura Holdings 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 Jun. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$106.9 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.


Okura Holdings  (HKSE:01655) EBIT Explanation

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

Okura Holdings's annualized ROC % for the quarter that ended in Jun. 2024 is calculated as:

ROC % (Q: Jun. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2023 ) + Invested Capital (Q: Jun. 2024 ))/ count )
=76.784 * ( 1 - -14.29% )/( (938.327 + 831.315)/ 2 )
=87.7564336/884.821
=9.92 %

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))
=983.348 - 3.58 - ( 173.899 - max(0, 168.095 - 209.536+173.899))
=938.327

Invested Capital(Q: Jun. 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))
=913.789 - 48.237 - ( 182.362 - max(0, 161.434 - 195.671+182.362))
=831.315

Note: The Operating Income data used here is two times the semi-annual (Jun. 2024) data.

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

Okura Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Jun. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2023  Q: Jun. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=86.678/( ( (536.722 + max(-89.39, 0)) + (469.51 + max(-81.335, 0)) )/ 2 )
=86.678/( ( 536.722 + 469.51 )/ 2 )
=86.678/503.116
=17.23 %

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)
=(0.651 + 5.641 + 0) - (3.58 + 0 + 92.102)
=-89.39

Working Capital(Q: Jun. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.544 + 3.661 + 6.234) - (48.237 + 0 + 43.537)
=-81.335

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Jun. 2024) EBIT data.

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jun. 2024 )
=106.91/295.773
=36.15 %

* 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.


Okura Holdings EBIT Related Terms

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Okura Holdings Business Description

Traded in Other Exchanges
N/A
Address
13-10 Motofuna-machi, 7th Floor, Nagasaki Prefecture, Nagasaki, JPN, 850-0035
Okura Holdings Ltd is an investment holding company. Along with its subsidiaries, it is principally engaged in pachinko and pachislot hall operations in Japan. The company's reportable segments are pachinko and pachislot hall operation which is also its key revenue generating segment, property rental, and others.
Executives
Yamamoto Katsuya 2307 Founder of a discretionary trust who can infl
Ami Culture Foundation 2201 Interest of corporation controlled by you
Corfiducia Anstalt 2301 Trustee
Ichikura Limited 2101 Beneficial owner
Sprecher Josef 2301 Trustee
Katsuya Yamamoto 2101 Beneficial owner

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