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Toenec (TSE:1946) EBIT : 円16,937 Mil (TTM As of Dec. 2023)


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What is Toenec EBIT?

Toenec's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2023 was 円2,877 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was 円16,937 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Toenec's annualized ROC % for the quarter that ended in Dec. 2023 was 2.89%. Toenec's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 7.22%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Toenec's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 10.46%.


Toenec EBIT Historical Data

The historical data trend for Toenec'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.

Toenec EBIT Chart

Toenec 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 15,536.00 15,283.00 14,100.00 -1,915.00 16,937.00

Toenec Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 2,893.00 3,315.00 3,999.00 2,877.00 6,746.00

Competitive Comparison of Toenec's EBIT

For the Engineering & Construction subindustry, Toenec'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.


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

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

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



Toenec 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 Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was 円16,937 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.


Toenec  (TSE:1946) EBIT Explanation

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

Toenec's annualized ROC % for the quarter that ended in Dec. 2023 is calculated as:

ROC % (Q: Dec. 2023 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Sep. 2023 ) + Invested Capital (Q: Dec. 2023 ))/ count )
=12236 * ( 1 - 46.26% )/( (226984 + 228708)/ 2 )
=6575.6264/227846
=2.89 %

where

Note: The Operating Income data used here is four times the quarterly (Dec. 2023) data.

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

Toenec's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 is calculated as:

ROC (Joel Greenblatt) %(Q: Dec. 2023 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Sep. 2023  Q: Dec. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=11508/( ( (129319 + max(29212, 0)) + (128965 + max(31431, 0)) )/ 2 )
=11508/( ( 158531 + 160396 )/ 2 )
=11508/159463.5
=7.22 %

where Working Capital is:

Working Capital(Q: Sep. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(76334 + 11365 + 5949) - (41418 + 0 + 23018)
=29212

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(80306 + 11980 + 5557) - (42765 + 0 + 23647)
=31431

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Dec. 2023) EBIT data.

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2023 )
=16937/161881.505
=10.46 %

* 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.


Toenec EBIT Related Terms

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Toenec (TSE:1946) Business Description

Traded in Other Exchanges
N/A
Address
20-31, Sakae 1-chome, Naka-ku, Aichi, Nagoya, JPN, 460-0008
Toenec Corp provides engineering and construction services. The company's services include electrical and communications construction, pipe-laying, fire-control system construction, construction and building works, scaffolding, earthworks, and concrete works, road surfacing, painting, waterproofing work, waterworks, steel-structure construction, machinery and tool installation, interior finishing work, cleaning-facility construction, the power generation business, and electrical communication construction. It provides surveying, design, supervision, maintenance, and consultation, research, planning, development services. The company also provides ordinary freight vehicles and dispatching of manpower needed for its services. It also sells, leases and manages real estate properties.

Toenec (TSE:1946) Headlines

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