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Wakou Shokuhin Co (TSE:2813) EBIT : 円1,249 Mil (TTM As of Dec. 2023)


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What is Wakou Shokuhin Co EBIT?

Wakou Shokuhin Co's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2023 was 円525 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was 円1,249 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Wakou Shokuhin Co's annualized ROC % for the quarter that ended in Dec. 2023 was 16.62%. Wakou Shokuhin Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 29.40%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Wakou Shokuhin Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 7.06%.


Wakou Shokuhin Co EBIT Historical Data

The historical data trend for Wakou Shokuhin 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.

Wakou Shokuhin Co EBIT Chart

Wakou Shokuhin Co Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 201.64 -202.68 -173.08 506.33 1,027.99

Wakou Shokuhin Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 362.10 145.28 350.93 227.79 524.52

Competitive Comparison of Wakou Shokuhin Co's EBIT

For the Packaged Foods subindustry, Wakou Shokuhin 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.


Wakou Shokuhin Co's EV-to-EBIT Distribution in the Consumer Packaged Goods Industry

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

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



Wakou Shokuhin 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 Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was 円1,249 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.


Wakou Shokuhin Co  (TSE:2813) EBIT Explanation

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

Wakou Shokuhin Co'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 )
=2040.576 * ( 1 - 26.48% )/( (8690.126 + 9360.648)/ 2 )
=1500.2314752/9025.387
=16.62 %

where

Invested Capital(Q: Sep. 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))
=12434.699 - 1372.872 - ( 2371.701 - max(0, 4164.143 - 6635.562+2371.701))
=8690.126

Invested Capital(Q: Dec. 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))
=13094.993 - 1415.657 - ( 2318.688 - max(0, 4583.194 - 7167.279+2318.688))
=9360.648

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

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

Wakou Shokuhin Co'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 )
=2098.096/( ( (4917.947 + max(2005.614, 0)) + (4890.744 + max(2457.98, 0)) )/ 2 )
=2098.096/( ( 6923.561 + 7348.724 )/ 2 )
=2098.096/7136.1425
=29.40 %

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)
=(2250.154 + 1881.717 + 131.99) - (1372.872 + 0 + 885.375)
=2005.614

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(2773.425 + 1942.674 + 132.492) - (1415.657 + 0 + 974.954)
=2457.98

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2023 )
=1248.522/17685.908
=7.06 %

* 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.


Wakou Shokuhin Co EBIT Related Terms

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Wakou Shokuhin Co (TSE:2813) Business Description

Traded in Other Exchanges
N/A
Address
Hokkaido Otaru City 3-2 Chuetsu 3, Hokkaido, JPN
Wakou Shokuhin Co Ltd is engaged in manufacture and sales of various soup and natural extracts. The category of food products includes soy sauce ramen soup, tonkotsu ramen soup, tsukemen soup, and noodle soup.

Wakou Shokuhin Co (TSE:2813) Headlines

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