GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » TKP Corp (TSE:3479) » Definitions » EBIT

TKP (TSE:3479) EBIT : 円4,687 Mil (TTM As of Nov. 2023)


View and export this data going back to 2017. Start your Free Trial

What is TKP EBIT?

TKP's earnings before interest and taxes (EBIT) for the three months ended in Nov. 2023 was 円1,309 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Nov. 2023 was 円4,687 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. TKP's annualized ROC % for the quarter that ended in Nov. 2023 was 6.08%. TKP's annualized ROC (Joel Greenblatt) % for the quarter that ended in Nov. 2023 was 16.74%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. TKP's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Nov. 2023 was 7.73%.


TKP EBIT Historical Data

The historical data trend for TKP'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.

TKP EBIT Chart

TKP Annual Data
Trend Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4,666.00 -2,204.00 -2,867.00 -2,328.00 4,687.00

TKP Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 -2,843.00 1,764.00 974.00 1,309.00 640.00

Competitive Comparison of TKP's EBIT

For the Real Estate Services subindustry, TKP'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.


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

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

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



TKP 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 Nov. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was 円4,687 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.


TKP  (TSE:3479) EBIT Explanation

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

TKP's annualized ROC % for the quarter that ended in Nov. 2023 is calculated as:

ROC % (Q: Nov. 2023 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Aug. 2023 ) + Invested Capital (Q: Nov. 2023 ))/ count )
=4680 * ( 1 - 37.36% )/( (48106 + 48389)/ 2 )
=2931.552/48247.5
=6.08 %

where

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

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

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

ROC (Joel Greenblatt) %(Q: Nov. 2023 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Aug. 2023  Q: Nov. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=5236/( ( (29983 + max(1287, 0)) + (29908 + max(1394, 0)) )/ 2 )
=5236/( ( 31270 + 31302 )/ 2 )
=5236/31286
=16.74 %

where Working Capital is:

Working Capital(Q: Aug. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(3486 + 0 + 2134) - (1432 + 0 + 2901)
=1287

Working Capital(Q: Nov. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(4744 + 0 + 1576) - (1373 + 0 + 3553)
=1394

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Nov. 2023) EBIT data.

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Nov. 2023 )
=4687/60661.775
=7.73 %

* 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.


TKP EBIT Related Terms

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


TKP (TSE:3479) Business Description

Traded in Other Exchanges
N/A
Address
8, Ichigaya Hachiman-cho, TKP Ichigaya Building 2nd Floor, Shinjuku-ku, Tokyo, JPN, 162-0844
TKP Corp is a Japan based real estate company. It offers conference rooms and banquet halls on a rental basis. The company is also intended to provide in-house production of services associated with conferences such as food and beverage catering, hotels and resorts, call center, and BPO among other services.

TKP (TSE:3479) Headlines

No Headlines