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Ishin Co (TSE:143A) EBIT : 円 Mil (TTM As of Mar. 2024)


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What is Ishin Co EBIT?

Ishin Co's earnings before interest and taxes (EBIT) for the six months ended in Mar. 2024 was 円192 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Ishin Co's annualized ROC % for the quarter that ended in Mar. 2024 was 14.96%. Ishin Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 2,161.97%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield.

Ishin Co EBIT Historical Data

The historical data trend for Ishin 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.

Ishin Co EBIT Chart

Ishin Co Annual Data
Trend Mar22 Mar23 Mar24
EBIT
116.75 106.93 191.75

Ishin Co Semi-Annual Data
Mar22 Mar23 Mar24
EBIT 116.75 106.93 191.75

Competitive Comparison of Ishin Co's EBIT

For the Advertising Agencies subindustry, Ishin 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.

Ishin Co's EV-to-EBIT Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Ishin Co's EV-to-EBIT distribution charts can be found below:

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


Ishin 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.

For stock reported annually, GuruFocus uses latest annual data as the TTM data. EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was 円 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.

Ishin Co  (TSE:143A) EBIT Explanation

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

Ishin 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: Mar. 2023 ) + Invested Capital (Q: Mar. 2024 ))/ count )
=200.959 * ( 1 - 38.49% )/( (833.979 + 819.059)/ 2 )
=123.6098809/826.519
=14.96 %

where

Invested Capital(Q: Mar. 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))
=1613.127 - 135.68 - ( 880.085 - max(0, 436.815 - 1080.283+880.085))
=833.979

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))
=1999.65 - 173.837 - ( 1324.18 - max(0, 508.739 - 1515.493+1324.18))
=819.059

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

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

Ishin 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: Mar. 2023  Q: Mar. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=191.745/( ( (7.702 + max(-236.617, 0)) + (10.036 + max(-317.426, 0)) )/ 2 )
=191.745/( ( 7.702 + 10.036 )/ 2 )
=191.745/8.869
=2,161.97 %

where Working Capital is:

Working Capital(Q: Mar. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(162.162 + 4.529 + 33.507) - (135.68 + 0 + 301.135)
=-236.617

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(153.326 + 4.852 + 33.135) - (173.837 + 0 + 334.902)
=-317.426

When net working capital is negative, 0 is used.

Note: The EBIT data used here is one times the annual (Mar. 2024) EBIT data.

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=/298.781
= %

* 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.

Ishin Co EBIT Related Terms

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Ishin Co Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Ishin Co Ltd (TSE:143A) » Definitions » EBIT
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Traded in Other Exchanges
N/A
Address
6-28-7 Shinjuku East Court, Shinjuku-ku, Tokyo, JPN, 160-0022
Website
https://www.ishin1853.co.jp
Ishin Co Ltd is a marketing company. It is developing a business that supports co-creation between local governments and private companies including ``Municipal Communication,'' a media that improves the management capabilities of local governments, and a ``BtoG Platform,'' which provides comprehensive support for marketing for local governments on the web.

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