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Miyaji Engineering Group (TSE:3431) EBIT : 円8,052 Mil (TTM As of Dec. 2023)


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What is Miyaji Engineering Group EBIT?

Miyaji Engineering Group's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2023 was 円3,699 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was 円8,052 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Miyaji Engineering Group's annualized ROC % for the quarter that ended in Dec. 2023 was 22.74%. Miyaji Engineering Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 51.01%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Miyaji Engineering Group's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 18.85%.


Miyaji Engineering Group EBIT Historical Data

The historical data trend for Miyaji Engineering Group'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.

Miyaji Engineering Group EBIT Chart

Miyaji Engineering Group 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 4,456.97 5,927.14 5,980.00 5,325.00 8,052.00

Miyaji Engineering Group Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 828.00 1,364.00 1,916.00 3,699.00 1,073.00

Competitive Comparison of Miyaji Engineering Group's EBIT

For the Engineering & Construction subindustry, Miyaji Engineering Group'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.


Miyaji Engineering Group's EV-to-EBIT Distribution in the Construction Industry

For the Construction industry and Industrials sector, Miyaji Engineering Group's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Miyaji Engineering Group's EV-to-EBIT falls into.



Miyaji Engineering Group 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8,052 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.


Miyaji Engineering Group  (TSE:3431) EBIT Explanation

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

Miyaji Engineering Group'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 )
=15400 * ( 1 - 31.86% )/( (42792 + 49497)/ 2 )
=10493.56/46144.5
=22.74 %

where

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

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

Miyaji Engineering Group'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 )
=14796/( ( (12994 + max(12725, 0)) + (13408 + max(18882, 0)) )/ 2 )
=14796/( ( 25719 + 32290 )/ 2 )
=14796/29004.5
=51.01 %

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)
=(30107 + 572 + 993) - (9517 + 0 + 9430)
=12725

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(36675 + 951 + 1311) - (10502 + 0 + 9553)
=18882

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:

Miyaji Engineering Group's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2023 )
=8052/42726.582
=18.85 %

* 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.


Miyaji Engineering Group EBIT Related Terms

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Miyaji Engineering Group (TSE:3431) Business Description

Traded in Other Exchanges
N/A
Address
7-5 Ohdenma-cho, 9-19, Tomizawa-cho, Nihonbashi, Chuo-ku, Tokyo, JPN, 103-0006
Miyaji Engineering Group Inc is a Japan-based construction engineering company. Along with its subsidiaries, the firm is engaged in designing, production, installation, maintenance, and repair of bridges, steel frames, and other steel structures. The company also undertakes civil engineering work and floor planning.

Miyaji Engineering Group (TSE:3431) Headlines

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