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Yamaichi Uniheim Real Estate Co (TSE:2984) EBIT : 円1,223 Mil (TTM As of Dec. 2023)


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What is Yamaichi Uniheim Real Estate Co EBIT?

Yamaichi Uniheim Real Estate Co's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2023 was 円718 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was 円1,223 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Yamaichi Uniheim Real Estate Co's annualized ROC % for the quarter that ended in Dec. 2023 was 4.49%. Yamaichi Uniheim Real Estate Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 7.28%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Yamaichi Uniheim Real Estate Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 3.53%.


Yamaichi Uniheim Real Estate Co EBIT Historical Data

The historical data trend for Yamaichi Uniheim Real Estate 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.

Yamaichi Uniheim Real Estate Co EBIT Chart

Yamaichi Uniheim Real Estate Co Annual Data
Trend Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
EBIT
Get a 7-Day Free Trial 1,015.92 2,168.21 1,534.55 2,756.42 2,414.62

Yamaichi Uniheim Real Estate Co Quarterly Data
Mar18 Mar19 Dec19 Mar20 Mar21 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 627.20 257.65 0.74 247.17 717.73

Competitive Comparison of Yamaichi Uniheim Real Estate Co's EBIT

For the Real Estate - Development subindustry, Yamaichi Uniheim Real Estate 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.


Yamaichi Uniheim Real Estate Co's EV-to-EBIT Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Yamaichi Uniheim Real Estate Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Yamaichi Uniheim Real Estate Co's EV-to-EBIT falls into.



Yamaichi Uniheim Real Estate 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1,223 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.


Yamaichi Uniheim Real Estate Co  (TSE:2984) EBIT Explanation

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

Yamaichi Uniheim Real Estate 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 )
=2831.088 * ( 1 - 32.02% )/( (42616.504 + 43164.328)/ 2 )
=1924.5736224/42890.416
=4.49 %

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))
=45922.642 - 402.535 - ( 2903.603 - max(0, 14861.81 - 24166.326+2903.603))
=42616.504

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))
=47492.644 - 638.967 - ( 3689.349 - max(0, 14995.42 - 25456.978+3689.349))
=43164.328

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

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

Yamaichi Uniheim Real Estate 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 )
=2870.928/( ( (19409.591 + max(19725.346, 0)) + (19868.586 + max(19886.406, 0)) )/ 2 )
=2870.928/( ( 39134.937 + 39754.992 )/ 2 )
=2870.928/39444.9645
=7.28 %

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)
=(66.68 + 20413.341 + 782.702) - (402.535 + 0 + 1134.842)
=19725.346

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(207.297 + 20351.862 + 1208.47) - (638.967 + 0 + 1242.256)
=19886.406

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:

Yamaichi Uniheim Real Estate Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2023 )
=1223.281/34627.606
=3.53 %

* 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.


Yamaichi Uniheim Real Estate Co EBIT Related Terms

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Yamaichi Uniheim Real Estate Co (TSE:2984) Business Description

Traded in Other Exchanges
N/A
Address
Wakayama Nakanoshima 1518, Nakanoshima 801 building 5 floor, Yubinbango, Osaka, JPN, 640-8392
Yamaichi Real Estate Co Ltd is a real estate development company engaged in provision of sales, leasing, management and brokerage services. The company develops commercial land, business land, residential land, condominiums and rental condominiums. Its development business ranges from residential areas to business sites such as factories and warehouses, urban commercial facilities, and suburban commercial facilities.

Yamaichi Uniheim Real Estate Co (TSE:2984) Headlines

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