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Megmilk Snow Brand Co (TSE:2270) EBIT : 円28,254 Mil (TTM As of Mar. 2024)


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What is Megmilk Snow Brand Co EBIT?

Megmilk Snow Brand Co's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was 円11,250 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was 円28,254 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Megmilk Snow Brand Co's annualized ROC % for the quarter that ended in Mar. 2024 was 1.87%. Megmilk Snow Brand Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 20.19%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Megmilk Snow Brand Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 14.18%.


Megmilk Snow Brand Co EBIT Historical Data

The historical data trend for Megmilk Snow Brand 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.

Megmilk Snow Brand Co EBIT Chart

Megmilk Snow Brand Co 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 17,231.00 21,566.00 17,614.00 13,354.00 28,254.00

Megmilk Snow Brand Co 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 4,209.00 5,678.00 6,051.00 5,275.00 11,250.00

Competitive Comparison of Megmilk Snow Brand Co's EBIT

For the Packaged Foods subindustry, Megmilk Snow Brand 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.


Megmilk Snow Brand Co's EV-to-EBIT Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Megmilk Snow Brand Co's EV-to-EBIT distribution charts can be found below:

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



Megmilk Snow Brand 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was 円28,254 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.


Megmilk Snow Brand Co  (TSE:2270) EBIT Explanation

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

Megmilk Snow Brand 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: Dec. 2023 ) + Invested Capital (Q: Mar. 2024 ))/ count )
=8644 * ( 1 - 27.73% )/( (344500 + 323235)/ 2 )
=6247.0188/333867.5
=1.87 %

where

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

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

Megmilk Snow Brand 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: Dec. 2023  Q: Mar. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=45000/( ( (180054 + max(50621, 0)) + (177541 + max(37445, 0)) )/ 2 )
=45000/( ( 230675 + 214986 )/ 2 )
=45000/222830.5
=20.19 %

where Working Capital is:

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(92433 + 57539 + 5872) - (67196 + 0 + 38027)
=50621

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(87998 + 59078 + 1838) - (78986 + 0 + 32483)
=37445

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=28254/199273.071
=14.18 %

* 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.


Megmilk Snow Brand Co EBIT Related Terms

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Megmilk Snow Brand Co (TSE:2270) Business Description

Traded in Other Exchanges
Address
5-1, Yotsuya, Honshio-cho, Shinjuku-ku, Tokyo, JPN, 160-8575
Megmilk Snow Brand Co Ltd is involved in manufacturing and selling cow's milk, milk products and other foods. The company has Dairy products, Beverages and Desserts, Feedstuffs and Seed products and International business domains. Its products include producing and selling of butter, margarine, processed cheese, natural cheese and condensed and skim milk, yogurts etc. The firm also operates in nutrition business, dairy products business and functional ingredients business.

Megmilk Snow Brand Co (TSE:2270) Headlines

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