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Home Position Co (TSE:2999) EBIT : 円-196 Mil (TTM As of May. 2024)


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What is Home Position Co EBIT?

Home Position Co's earnings before interest and taxes (EBIT) for the three months ended in May. 2024 was 円46 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in May. 2024 was 円-196 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Home Position Co's annualized ROC % for the quarter that ended in May. 2024 was 0.77%. Home Position Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in May. 2024 was 1.88%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Home Position Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in May. 2024 was -2.21%.


Home Position Co EBIT Historical Data

The historical data trend for Home Position 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.

Home Position Co EBIT Chart

Home Position Co Annual Data
Trend Aug20 Aug21 Aug22 Aug23
EBIT
-147.34 739.48 833.66 334.25

Home Position Co Quarterly Data
Aug20 Aug21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only -139.88 306.53 -225.96 -322.64 45.66

Competitive Comparison of Home Position Co's EBIT

For the Residential Construction subindustry, Home Position 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.


Home Position Co's EV-to-EBIT Distribution in the Homebuilding & Construction Industry

For the Homebuilding & Construction industry and Consumer Cyclical sector, Home Position Co's EV-to-EBIT distribution charts can be found below:

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



Home Position 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 May. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was 円-196 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.


Home Position Co  (TSE:2999) EBIT Explanation

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

Home Position Co's annualized ROC % for the quarter that ended in May. 2024 is calculated as:

ROC % (Q: May. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Feb. 2024 ) + Invested Capital (Q: May. 2024 ))/ count )
=128.32 * ( 1 - 37.87% )/( (10674.728 + 9984.389)/ 2 )
=79.725216/10329.5585
=0.77 %

where

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))
=13808.275 - 689.49 - ( 2444.057 - max(0, 7920.838 - 13288.908+2444.057))
=10674.728

Invested Capital(Q: May. 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))
=12578.681 - 611.81 - ( 1982.482 - max(0, 6775.775 - 12072.632+1982.482))
=9984.389

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

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

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

ROC (Joel Greenblatt) %(Q: May. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Feb. 2024  Q: May. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=182.624/( ( (202.187 + max(9902.353, 0)) + (196.921 + max(9176.111, 0)) )/ 2 )
=182.624/( ( 10104.54 + 9373.032 )/ 2 )
=182.624/9738.786
=1.88 %

where Working Capital is:

Working Capital(Q: Feb. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(26.442 + 10566.892 + 251.517) - (689.49 + 0 + 253.008)
=9902.353

Working Capital(Q: May. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(6.596 + 9817.027 + 266.527) - (611.81 + 0 + 302.229)
=9176.111

When net working capital is negative, 0 is used.

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

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: May. 2024 )
=-196.419/8874.880
=-2.21 %

* 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.


Home Position Co EBIT Related Terms

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Home Position Co Business Description

Traded in Other Exchanges
N/A
Address
260 Kikkawa, Shimizu-ku, Shizuoka, JPN, 424-0055
Home Position Co Ltd is engaged in the built-for-sale housing business.

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