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Obayashi (TSE:1802) EBIT : 円180,538 Mil (TTM As of Sep. 2024)


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What is Obayashi EBIT?

Obayashi's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2024 was 円43,507 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2024 was 円180,538 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Obayashi's annualized ROC % for the quarter that ended in Sep. 2024 was 4.24%. Obayashi's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 22.86%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Obayashi's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 10.57%.


Obayashi EBIT Historical Data

The historical data trend for Obayashi'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.

Obayashi EBIT Chart

Obayashi Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 164,303.00 136,439.00 58,300.00 116,191.00 110,636.00

Obayashi Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 28,287.00 38,993.00 38,162.00 43,507.00 59,876.00

Competitive Comparison of Obayashi's EBIT

For the Engineering & Construction subindustry, Obayashi'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.


Obayashi's EV-to-EBIT Distribution in the Construction Industry

For the Construction industry and Industrials sector, Obayashi's EV-to-EBIT distribution charts can be found below:

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



Obayashi 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 Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was 円180,538 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.


Obayashi  (TSE:1802) EBIT Explanation

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

Obayashi's annualized ROC % for the quarter that ended in Sep. 2024 is calculated as:

ROC % (Q: Sep. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jun. 2024 ) + Invested Capital (Q: Sep. 2024 ))/ count )
=120504 * ( 1 - 28.57% )/( (0 + 2031347)/ 1 )
=86076.0072/2031347
=4.24 %

where

Invested Capital(Q: Sep. 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))
=2961053 - 651956 - ( 279518 - max(0, 1394054 - 1671804+279518))
=2031347

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

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

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

ROC (Joel Greenblatt) %(Q: Sep. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2024  Q: Sep. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=174028/( ( (0 + max(0, 0)) + (751509 + max(9854, 0)) )/ 1 )
=174028/( ( 0 + 761363 )/ 1 )
=174028/761363
=22.86 %

where Working Capital is:

Working Capital(Q: Jun. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0) - (0 + 0 + 0)
=0

Working Capital(Q: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1051940 + 147260 + 95130) - (651956 + 0 + 632520)
=9854

When net working capital is negative, 0 is used.

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

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2024 )
=180538/1707853.379
=10.57 %

* 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.


Obayashi EBIT Related Terms

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Obayashi Business Description

Traded in Other Exchanges
Address
2-15-2 Konan, Minato-Ku, Tokyo, JPN, 108-8502
Obayashi Corp provides technology and construction services for multiple industries. It builds energy-saving offices, high-productivity plants, hospitals, schools, and other facilities. The company utilizes technical know-how for a variety of civil engineering projects, such as tunnels, bridges, dams, and other infrastructure developments. In addition, it is involved in redevelopment projects across Japan and owns rental property. Obayashi operates four business units: building construction, civil engineering, real estate, and other businesses. It leans on establishing a strong track record of completed projects, and having the resources to work in multiple endeavors and customize solutions to customers' needs.

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