Nippon Paint Holdings Co (Nippon Paint Holdings Co) EBIT : $1,269 Mil (TTM As of Mar. 2024)

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What is Nippon Paint Holdings Co EBIT?

Nippon Paint Holdings Co's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was $305 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was $1,269 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Nippon Paint Holdings Co's annualized ROC % for the quarter that ended in Mar. 2024 was 5.76%. Nippon Paint Holdings Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 30.75%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Nippon Paint Holdings Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 6.97%.

Nippon Paint Holdings Co EBIT Historical Data

The historical data trend for Nippon Paint Holdings 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.

Nippon Paint Holdings Co EBIT Chart

Nippon Paint Holdings Co Annual Data

Trend

Mar14

Mar15

Mar16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

EBIT

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781.36

919.27

811.73

862.03

1,221.66

Nippon Paint Holdings 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															274.56	363.77	346.05	254.29	304.78

Competitive Comparison of Nippon Paint Holdings Co's EBIT

For the Specialty Chemicals subindustry, Nippon Paint Holdings 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.

Nippon Paint Holdings Co's EV-to-EBIT Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Nippon Paint Holdings Co's EV-to-EBIT distribution charts can be found below:

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

Nippon Paint Holdings 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 $1,269 Mil.

Nippon Paint Holdings Co (OTCPK:NPCPF) EBIT Explanation

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

Nippon Paint Holdings 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 )
=	1139.112 * ( 1 - 26.15% )	/	( (14325.632	+	14894.733)	/ 2 )
=	841.234212	/	14610.1825
=	5.76 %

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	))
=	18845.067	-	1923.317	-	( 2596.118	-	max(0, 3039.981	-	6178.273	+	2596.118	))
=	14325.632

	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	))
=	19283.861	-	1986.209	-	( 2402.919	-	max(0, 3861.697	-	6373.254	+	2402.919	))
=	14894.733

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

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

Nippon Paint Holdings 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 )
=	1219.128	/	( ( (2847.477 + max(931.078, 0))	+	(2950.788 + max(1199.591, 0)) )	/	2 )
=	1219.128	/	( ( 3778.555	+	4150.379 )	/	2 )
=	1219.128	/	3964.467
=	30.75 %

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)
=	(2208.2	+	1219.719	+	154.236)	-	(1923.317	+	0	+	727.76)
=	931.078

	Working Capital		(Q: Mar. 2024 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(2557.847	+	1282.798	+	129.69)	-	(1986.209	+	0	+	784.535)
=	1199.591

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:

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

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Mar. 2024 )
	=	1268.888	/	18217.387
	=	6.97 %

Nippon Paint Holdings Co EBIT Related Terms

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Nippon Paint Holdings Co (Nippon Paint Holdings Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Nippon Paint Holdings Co Ltd (OTCPK:NPCPF) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

NPPHY:USA 4612:Japan NI7:Germany

Address

2-1-2 Oyodo Kita, Kita-ku, Osaka, JPN, 531-8511

Website

http://www.nipponpaint-holdings.com

Nippon Paint Holdings Co Ltd is a holding company, which, through its subsidiaries, manufactures and sells a variety of paint and coating products. The firm organizes itself into four operating companies based on end market. The automotive paints division sells paint and temperature-control coatings that are used to cover the body of an automobile. The industrial-use paints division sells paints and coatings for trains and ships. The trade-use paints division sells paints and coatings that are used on buildings, bridges, and roads. The surface treatments division sells anti-corrosive and anti-rust coatings for metal products and electronics. The company organizes itself into three segments based on geography: Japan, Asia, and Americas. The majority of revenue comes from Japan.