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Soracom (TSE:147A) EBIT : 円 Mil (TTM As of Mar. 2024)


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What is Soracom EBIT?

Soracom's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was 円645 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Soracom's annualized ROC % for the quarter that ended in Mar. 2024 was 93.22%. Soracom's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 2,698.32%.

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

Soracom EBIT Historical Data

The historical data trend for Soracom'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.

Soracom EBIT Chart

Soracom Annual Data
Trend Mar22 Mar23 Mar24
EBIT
475.93 175.86 644.76

Soracom Quarterly Data
Mar22 Mar23 Mar24
EBIT 475.93 175.86 644.76

Competitive Comparison of Soracom's EBIT

For the Software - Infrastructure subindustry, Soracom'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.

Soracom's EV-to-EBIT Distribution in the Software Industry

For the Software industry and Technology sector, Soracom's EV-to-EBIT distribution charts can be found below:

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


Soracom 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 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.

Soracom  (TSE:147A) EBIT Explanation

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

Soracom'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 )
=2909.348 * ( 1 - 23.94% )/( (2041.678 + 2705.875)/ 2 )
=2212.8500888/2373.7765
=93.22 %

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))
=5663.284 - 196.267 - ( 3532.503 - max(0, 1649.25 - 5074.589+3532.503))
=2041.678

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))
=10917.376 - 579.099 - ( 7697.244 - max(0, 2461.748 - 10094.15+7697.244))
=2705.875

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

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

Soracom'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 )
=2579.056/( ( (94.556 + max(-98.756000000001, 0)) + (96.604 + max(-52.295, 0)) )/ 2 )
=2579.056/( ( 94.556 + 96.604 )/ 2 )
=2579.056/95.58
=2,698.32 %

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)
=(889.727 + 373.799 + 278.56) - (196.267 + 0 + 1444.575)
=-98.756000000001

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1738.045 + 388.012 + 270.849) - (579.099 + 0 + 1870.102)
=-52.295

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=/32951.973
= %

* 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.

Soracom EBIT Related Terms

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Soracom Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » Soracom Inc (TSE:147A) » Definitions » EBIT
Comparable Companies
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Traded in Other Exchanges
N/A
Address
3rd floor Ojima building, 4-5-6 Tamagawa, Setagaya-ku, Tokyo, JPN, 158-0094
Website
https://www.soracom.com
Soracom Inc is engaged in development and provision of the IoT platform SORACOM. IoT platform SORACOM provides one-stop IoT devices, communications, applications, etc.

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