GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » TSON Co Ltd (TSE:3456) » Definitions » EBIT

TSON Co (TSE:3456) EBIT : 円-24 Mil (TTM As of Jun. 2023)


View and export this data going back to 2015. Start your Free Trial

What is TSON Co EBIT?

TSON Co's earnings before interest and taxes (EBIT) for the six months ended in Jun. 2023 was 円-81 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2023 was 円-24 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. TSON Co's annualized ROC % for the quarter that ended in Jun. 2023 was -2.10%. TSON Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2023 was -40.10%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. TSON Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2023 was -6.88%.


TSON Co EBIT Historical Data

The historical data trend for TSON 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.

TSON Co EBIT Chart

TSON Co Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 77.58 39.60 141.39 22.71 -24.06

TSON Co Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
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 92.66 19.51 3.20 57.39 -81.45

Competitive Comparison of TSON Co's EBIT

For the Real Estate Services subindustry, TSON 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.


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

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

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



TSON 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 Jun. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was 円-24 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.


TSON Co  (TSE:3456) EBIT Explanation

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

TSON Co's annualized ROC % for the quarter that ended in Jun. 2023 is calculated as:

ROC % (Q: Jun. 2023 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2022 ) + Invested Capital (Q: Jun. 2023 ))/ count )
=-68.654 * ( 1 - 1.99% )/( (2841.545 + 3579.893)/ 2 )
=-67.2877854/3210.719
=-2.10 %

where

Invested Capital(Q: Dec. 2022 )
=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))
=3612.399 - 243.841 - ( 571.787 - max(0, 2836.224 - 3363.237+571.787))
=2841.545

Invested Capital(Q: Jun. 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))
=4277.983 - 215.491 - ( 826.243 - max(0, 3514.229 - 3996.828+826.243))
=3579.893

Note: The Operating Income data used here is two times the semi-annual (Jun. 2023) data.

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

TSON Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2023 is calculated as:

ROC (Joel Greenblatt) %(Q: Jun. 2023 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2022  Q: Jun. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-162.9/( ( (8.263 + max(435.86, 0)) + (6.749 + max(361.68, 0)) )/ 2 )
=-162.9/( ( 444.123 + 368.429 )/ 2 )
=-162.9/406.276
=-40.10 %

where Working Capital is:

Working Capital(Q: Dec. 2022 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(201.548 + 2084.801 + 498.535) - (243.841 + 0 + 2105.183)
=435.86

Working Capital(Q: Jun. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(13.667 + 2568.166 + 580.705) - (215.491 + 0 + 2585.367)
=361.68

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Jun. 2023) EBIT data.

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jun. 2023 )
=-24.061/349.916
=-6.88 %

* 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.


TSON Co EBIT Related Terms

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


TSON Co (TSE:3456) Business Description

Traded in Other Exchanges
N/A
Address
3-22-8 Meieki, Nakamura-ku, Aichi Prefecture, Nagoya, JPN
TSON Co Ltd provides real estate services. The company is engaged in constructions, contracting and design & construction of civil engineering work, design of rental housing and construction management. It also provides Consulting for planning business of advertisement promotion activities of enterprises, advertising agency business, land utilization, asset utilization.

TSON Co (TSE:3456) Headlines

No Headlines