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Hikari Food Service Co (TSE:138A) EBIT : 円190 Mil (TTM As of Nov. 2024)


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What is Hikari Food Service Co EBIT?

Hikari Food Service Co's earnings before interest and taxes (EBIT) for the three months ended in Nov. 2024 was 円0 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Nov. 2024 was 円190 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Hikari Food Service Co's annualized ROC % for the quarter that ended in Nov. 2024 was 0.00%. Hikari Food Service Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Nov. 2024 was 0.00%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Hikari Food Service Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Nov. 2024 was 11.95%.


Hikari Food Service Co EBIT Historical Data

The historical data trend for Hikari Food Service 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.

Hikari Food Service Co EBIT Chart

Hikari Food Service Co Annual Data
Trend Nov21 Nov22 Nov23 Nov24
EBIT
70.80 103.08 252.17 173.43

Hikari Food Service Co Quarterly Data
Nov21 Nov22 Aug23 Nov23 Feb24 May24 Nov24
EBIT Get a 7-Day Free Trial - 63.25 53.86 72.93 -

Competitive Comparison of Hikari Food Service Co's EBIT

For the Restaurants subindustry, Hikari Food Service 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.


Hikari Food Service Co's EV-to-EBIT Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Hikari Food Service Co's EV-to-EBIT distribution charts can be found below:

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


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Hikari Food Service 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 Nov. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was 円190 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.


Hikari Food Service Co  (TSE:138A) EBIT Explanation

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

Hikari Food Service Co's annualized ROC % for the quarter that ended in Nov. 2024 is calculated as:

ROC % (Q: Nov. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: May. 2024 ) + Invested Capital (Q: Nov. 2024 ))/ count )
=0 * ( 1 - 0% )/( (1095.646 + 1227.453)/ 2 )
=0/1161.5495
=0.00 %

where

Invested Capital(Q: May. 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))
=2524.395 - 211.913 - ( 1553.578 - max(0, 500.386 - 1717.222+1553.578))
=1095.646

Invested Capital(Q: Nov. 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))
=2408.54 - 198.41 - ( 1321.909 - max(0, 519.436 - 1502.113+1321.909))
=1227.453

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

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

Hikari Food Service Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Nov. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Nov. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: May. 2024  Q: Nov. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=0/( ( (566.826 + max(-198.791, 0)) + (656.17 + max(-197.13, 0)) )/ 2 )
=0/( ( 566.826 + 656.17 )/ 2 )
=0/611.498
=0.00 %

where Working Capital is:

Working Capital(Q: May. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(101.373 + 15.688 + 35.547) - (211.913 + 0 + 139.486)
=-198.791

Working Capital(Q: Nov. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(100.037 + 15.919 + 42.239) - (198.41 + 0 + 156.915)
=-197.13

When net working capital is negative, 0 is used.

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

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Nov. 2024 )
=190.041/1589.667
=11.95 %

* 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.


Hikari Food Service Co EBIT Related Terms

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Hikari Food Service Co Business Description

Traded in Other Exchanges
N/A
Address
Noritake 1st Building 101, 1-10-6 Noritake, Nakamura-ku, Aichi, Nagoya, JPN, 453-0014
Hikari Food Service Co Ltd is engaged in the restaurant business in Japan. It mainly provides standing bar-style izakaya restaurants. Some of its restaurants are, Daikoku, Fish Camellia, Kanayamaya Family, and Yakiniku Delux.

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