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Mie Kotsu Group Holdings (TSE:3232) EBIT : 円8,598 Mil (TTM As of Sep. 2024)


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What is Mie Kotsu Group Holdings EBIT?

Mie Kotsu Group Holdings's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2024 was 円2,618 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2024 was 円8,598 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Mie Kotsu Group Holdings's annualized ROC % for the quarter that ended in Sep. 2024 was 4.81%. Mie Kotsu Group Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 8.08%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Mie Kotsu Group Holdings's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 6.92%.


Mie Kotsu Group Holdings EBIT Historical Data

The historical data trend for Mie Kotsu Group Holdings'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.

Mie Kotsu Group Holdings EBIT Chart

Mie Kotsu Group Holdings Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6,093.62 -250.68 3,982.92 5,902.38 7,242.62

Mie Kotsu Group Holdings Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 2,966.63 538.81 2,826.92 2,617.54 2,614.88

Competitive Comparison of Mie Kotsu Group Holdings's EBIT

For the Conglomerates subindustry, Mie Kotsu Group Holdings'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.


Mie Kotsu Group Holdings's EV-to-EBIT Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Mie Kotsu Group Holdings's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Mie Kotsu Group Holdings's EV-to-EBIT falls into.


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Mie Kotsu Group Holdings 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 Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was 円8,598 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.


Mie Kotsu Group Holdings  (TSE:3232) EBIT Explanation

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

Mie Kotsu Group Holdings's annualized ROC % for the quarter that ended in Sep. 2024 is calculated as:

ROC % (Q: Sep. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jun. 2024 ) + Invested Capital (Q: Sep. 2024 ))/ count )
=10337.116 * ( 1 - 19.78% )/( (0 + 172309.889)/ 1 )
=8292.4344552/172309.889
=4.81 %

where

Invested Capital(Q: Sep. 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))
=178387.183 - 5554.021 - ( 9618.189 - max(0, 47262.772 - 47786.045+9618.189))
=172309.889

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

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

Mie Kotsu Group Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Sep. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2024  Q: Sep. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=10470.144/( ( (0 + max(0, 0)) + (106730.954 + max(22907.752, 0)) )/ 1 )
=10470.144/( ( 0 + 129638.706 )/ 1 )
=10470.144/129638.706
=8.08 %

where Working Capital is:

Working Capital(Q: Jun. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0) - (0 + 0 + 0)
=0

Working Capital(Q: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(7695.328 + 28323.051 + 2149.477) - (5554.021 + 0 + 9706.083)
=22907.752

When net working capital is negative, 0 is used.

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

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

Mie Kotsu Group Holdings's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2024 )
=8598.15/124332.762
=6.92 %

* 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.


Mie Kotsu Group Holdings EBIT Related Terms

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Mie Kotsu Group Holdings Business Description

Traded in Other Exchanges
N/A
Address
No. 1, No. 1 Tsu City, Mie, JPN
Mie Kotsu Group Holdings Inc is a Japan-based company mainly engaged in the provision of transportation services. The company operates through four businesses namely real estate, transportation, distribution and leisure services. Its real estate business is involved in the trading and leasing of real estates. The transportation business offers bus, taxi, railway transportation, and automobile maintenance services. Its distribution business consists of delivering goods and services. The leisure services market operates hotels and golf courses as well as tourism consulting services.

Mie Kotsu Group Holdings Headlines

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