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YASKAWA Electric (STU:YEC) EBIT : €460 Mil (TTM As of Feb. 2024)


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What is YASKAWA Electric EBIT?

YASKAWA Electric's earnings before interest and taxes (EBIT) for the three months ended in Feb. 2024 was €133 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Feb. 2024 was €460 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. YASKAWA Electric's annualized ROC % for the quarter that ended in Feb. 2024 was 10.57%. YASKAWA Electric's annualized ROC (Joel Greenblatt) % for the quarter that ended in Feb. 2024 was 22.68%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. YASKAWA Electric's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Feb. 2024 was 4.55%.


YASKAWA Electric EBIT Historical Data

The historical data trend for YASKAWA Electric'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.

YASKAWA Electric EBIT Chart

YASKAWA Electric Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 220.88 223.07 431.92 516.14 448.59

YASKAWA Electric Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 148.07 118.14 116.22 92.65 132.85

Competitive Comparison of YASKAWA Electric's EBIT

For the Electrical Equipment & Parts subindustry, YASKAWA Electric'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.


YASKAWA Electric's EV-to-EBIT Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, YASKAWA Electric's EV-to-EBIT distribution charts can be found below:

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



YASKAWA Electric 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 Feb. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €460 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.


YASKAWA Electric  (STU:YEC) EBIT Explanation

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

YASKAWA Electric's annualized ROC % for the quarter that ended in Feb. 2024 is calculated as:

ROC % (Q: Feb. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Nov. 2023 ) + Invested Capital (Q: Feb. 2024 ))/ count )
=487.668 * ( 1 - 21.27% )/( (3626.008 + 3641.257)/ 2 )
=383.9410164/3633.6325
=10.57 %

where

Invested Capital(Q: Nov. 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))
=4402.814 - 407.018 - ( 369.788 - max(0, 1311.246 - 2934.658+369.788))
=3626.008

Invested Capital(Q: Feb. 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))
=4351.599 - 433.459 - ( 276.883 - max(0, 1171.93 - 2825.939+276.883))
=3641.257

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

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

YASKAWA Electric's annualized ROC (Joel Greenblatt) % for the quarter that ended in Feb. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Feb. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Nov. 2023  Q: Feb. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=531.412/( ( (771.62 + max(1530.116, 0)) + (821.347 + max(1562.377, 0)) )/ 2 )
=531.412/( ( 2301.736 + 2383.724 )/ 2 )
=531.412/2342.73
=22.68 %

where Working Capital is:

Working Capital(Q: Nov. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1014.734 + 1266.181 + 283.955) - (407.018 + 0 + 627.736)
=1530.116

Working Capital(Q: Feb. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1040.311 + 1288.19 + 220.555) - (433.459 + 0 + 553.22)
=1562.377

When net working capital is negative, 0 is used.

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

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

YASKAWA Electric's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Feb. 2024 )
=459.862/10114.447
=4.55 %

* 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.


YASKAWA Electric EBIT Related Terms

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YASKAWA Electric (STU:YEC) Business Description

Traded in Other Exchanges
Address
2-1, Kurosaki-shiroishi, Yahatanishi-ku, Kitakyushu, JPN, 806-0004
Yaskawa Electric manufactures motion control components (servo motors and inverters), industrial robots, and other motor-based products. It operates mainly in Asia, the Americas, and Europe as one of the leading players in the AC servo motor/controller, AC drives (inverter), and robotics markets. According to the company, it has the leading global share with AC Servo motors/controllers, where the company's cumulative AC servo motor shipments reached 20 million units in 2020, and it is also considered as one of the "big four" industrial robotics companies. The company was founded in 1915, and its head office is in Kitakyushu, Fukuoka Prefecture, Japan.

YASKAWA Electric (STU:YEC) Headlines

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