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Neuromagic Co (TSE:251A) EBIT : 円 Mil (TTM As of Feb. 2024)


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What is Neuromagic Co EBIT?

Neuromagic Co's earnings before interest and taxes (EBIT) for the six months ended in Feb. 2024 was 円16 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Neuromagic Co's annualized ROC % for the quarter that ended in Feb. 2024 was 1.65%. Neuromagic Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Feb. 2024 was 24.75%.

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

Neuromagic Co EBIT Historical Data

The historical data trend for Neuromagic 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.

Neuromagic Co EBIT Chart

Neuromagic Co Annual Data
Trend Feb23 Feb24
EBIT
34.87 16.26

Neuromagic Co Semi-Annual Data
Feb23 Feb24
EBIT 34.87 16.26

Competitive Comparison of Neuromagic Co's EBIT

For the Software - Infrastructure subindustry, Neuromagic 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.

Neuromagic Co's EV-to-EBIT Distribution in the Software Industry

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

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


Neuromagic 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 Feb. 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.

Neuromagic Co  (TSE:251A) EBIT Explanation

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

Neuromagic Co's annualized ROC % for the quarter that ended in Feb. 2024 is calculated as:

ROC % (Q: Feb. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Feb. 2023 ) + Invested Capital (Q: Feb. 2024 ))/ count )
=-2.42 * ( 1 - 208.93% )/( (176.513 + 142.933)/ 2 )
=2.636106/159.723
=1.65 %

where

Invested Capital(Q: Feb. 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))
=701.222 - 187.502 - ( 345.867 - max(0, 265.67 - 602.877+345.867))
=176.513

Invested Capital(Q: Feb. 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))
=642.371 - 198.862 - ( 300.576 - max(0, 245.104 - 586.578+300.576))
=142.933

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

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

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

ROC (Joel Greenblatt) %(Q: Feb. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Feb. 2023  Q: Feb. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=16.26/( ( (15.01 + max(27.63, 0)) + (14.361 + max(74.414, 0)) )/ 2 )
=16.26/( ( 42.64 + 88.775 )/ 2 )
=16.26/65.7075
=24.75 %

where Working Capital is:

Working Capital(Q: Feb. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(154.425 + 74.18 + 28.405) - (187.502 + 0 + 41.878)
=27.63

Working Capital(Q: Feb. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(198.495 + 63.231 + 24.276) - (198.862 + 0 + 12.726)
=74.414

When net working capital is negative, 0 is used.

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

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Feb. 2024 )
=/94.591
= %

* 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.

Neuromagic Co EBIT Related Terms

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Neuromagic Co Business Description

Industry
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Traded in Other Exchanges
N/A
Address
6-16-1 Tsukiji, Tsukiji 616 Building 3rd Floor, Chuo-ku, Tokyo, JPN, 104-0045
Website
https://www.neuromagic.com
Neuromagic Co Ltd is an experience design company with the slogan Experience Agency. It pursues the best experience by considering everything from business requirements and business processes including backstage to social and cultural background and environment. The company is specialized in web production, digital contents development, graphic design, service design, consulting, web design, UX, design research, and SX.

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