GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Sato Foods Co Ltd (TSE:2923) » Definitions » EBIT

Sato Foods Co (TSE:2923) EBIT : 円3,114 Mil (TTM As of Apr. 2024)


View and export this data going back to 2001. Start your Free Trial

What is Sato Foods Co EBIT?

Sato Foods Co's earnings before interest and taxes (EBIT) for the three months ended in Apr. 2024 was 円-501 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Apr. 2024 was 円3,114 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Sato Foods Co's annualized ROC % for the quarter that ended in Apr. 2024 was -1.82%. Sato Foods Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Apr. 2024 was -6.81%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Sato Foods Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Apr. 2024 was 6.32%.


Sato Foods Co EBIT Historical Data

The historical data trend for Sato Foods 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.

Sato Foods Co EBIT Chart

Sato Foods Co Annual Data
Trend Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,054.35 2,246.78 2,888.63 2,714.56 3,113.74

Sato Foods Co Quarterly Data
Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24
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 153.06 344.48 888.71 2,381.11 -500.56

Competitive Comparison of Sato Foods Co's EBIT

For the Packaged Foods subindustry, Sato Foods 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.


Sato Foods Co's EV-to-EBIT Distribution in the Consumer Packaged Goods Industry

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

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



Sato Foods 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 Apr. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was 円3,114 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.


Sato Foods Co  (TSE:2923) EBIT Explanation

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

Sato Foods Co's annualized ROC % for the quarter that ended in Apr. 2024 is calculated as:

ROC % (Q: Apr. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jan. 2024 ) + Invested Capital (Q: Apr. 2024 ))/ count )
=-2301.752 * ( 1 - 71.05% )/( (37587.836 + 35624.682)/ 2 )
=-666.357204/36606.259
=-1.82 %

where

Invested Capital(Q: Jan. 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))
=46725.026 - 6969.917 - ( 2167.273 - max(0, 14790.857 - 24366.544+2167.273))
=37587.836

Invested Capital(Q: Apr. 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))
=43737.665 - 5447.711 - ( 2665.272 - max(0, 10530.54 - 20468.262+2665.272))
=35624.682

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

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

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

ROC (Joel Greenblatt) %(Q: Apr. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jan. 2024  Q: Apr. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-2002.228/( ( (16333.89 + max(13646.585, 0)) + (17422.827 + max(11387.797, 0)) )/ 2 )
=-2002.228/( ( 29980.475 + 28810.624 )/ 2 )
=-2002.228/29395.5495
=-6.81 %

where Working Capital is:

Working Capital(Q: Jan. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(15833.52 + 6261.476 + 104.275) - (6969.917 + 0 + 1582.769)
=13646.585

Working Capital(Q: Apr. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(8608.098 + 8783.694 + 411.198) - (5447.711 + 0 + 967.482)
=11387.797

When net working capital is negative, 0 is used.

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

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Apr. 2024 )
=3113.739/49232.461
=6.32 %

* 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.


Sato Foods Co EBIT Related Terms

Thank you for viewing the detailed overview of Sato Foods Co's EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.


Sato Foods Co Business Description

Traded in Other Exchanges
N/A
Address
13-5 Takaramachi, Niigatahigashi-ku, Niigata Prefecture, Niigata, JPN, 950-8730
Sato Foods Co Ltd is engaged in the production and sales of packed mochi and packed cooked rice in Japan. Its packaged rice cakes include Sato sliced rice-cake crisp and slit, Round rice-cake single pack and Sato Kagami Mochi. Its packed rice products include Sato rice, low-protein rice and others.

Sato Foods Co Headlines

No Headlines