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Ascentech KK (TSE:3565) EBIT : 円466 Mil (TTM As of Jul. 2024)


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What is Ascentech KK EBIT?

Ascentech KK's earnings before interest and taxes (EBIT) for the three months ended in Jul. 2024 was 円88 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jul. 2024 was 円466 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Ascentech KK's annualized ROC % for the quarter that ended in Jul. 2024 was 9.12%. Ascentech KK's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jul. 2024 was 75.74%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Ascentech KK's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jul. 2024 was 3.27%.


Ascentech KK EBIT Historical Data

The historical data trend for Ascentech KK'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.

Ascentech KK EBIT Chart

Ascentech KK Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 451.62 607.21 714.53 617.71 607.28

Ascentech KK Quarterly Data
Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24
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 187.17 66.75 158.53 153.43 87.60

Competitive Comparison of Ascentech KK's EBIT

For the Information Technology Services subindustry, Ascentech KK'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.


Ascentech KK's EV-to-EBIT Distribution in the Software Industry

For the Software industry and Technology sector, Ascentech KK's EV-to-EBIT distribution charts can be found below:

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


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Ascentech KK 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 Jul. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was 円466 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.


Ascentech KK  (TSE:3565) EBIT Explanation

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

Ascentech KK's annualized ROC % for the quarter that ended in Jul. 2024 is calculated as:

ROC % (Q: Jul. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Apr. 2024 ) + Invested Capital (Q: Jul. 2024 ))/ count )
=350.412 * ( 1 - 31.44% )/( (2569.276 + 2697.386)/ 2 )
=240.2424672/2633.331
=9.12 %

where

Invested Capital(Q: Apr. 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))
=5391.318 - 969.436 - ( 1852.606 - max(0, 2136.088 - 4540.9+1852.606))
=2569.276

Invested Capital(Q: Jul. 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))
=6170.414 - 1050.652 - ( 2791.252 - max(0, 2864.076 - 5286.452+2791.252))
=2697.386

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

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

Ascentech KK's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jul. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Jul. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Apr. 2024  Q: Jul. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=350.412/( ( (63.898 + max(552.206, 0)) + (78.045 + max(231.124, 0)) )/ 2 )
=350.412/( ( 616.104 + 309.169 )/ 2 )
=350.412/462.6365
=75.74 %

where Working Capital is:

Working Capital(Q: Apr. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1505.421 + 637.474 + 545.399) - (969.436 + 0 + 1166.652)
=552.206

Working Capital(Q: Jul. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1400.141 + 628.59 + 466.469) - (1050.652 + 0 + 1213.424)
=231.124

When net working capital is negative, 0 is used.

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

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jul. 2024 )
=466.313/14244.322
=3.27 %

* 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.


Ascentech KK EBIT Related Terms

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Ascentech KK Business Description

Traded in Other Exchanges
N/A
Address
9th floor, Kanda Warabi-cho, Chiyoda-ku, Tokyo, JPN, 171-0022
Ascentech KK is engaged in product development and sales for Virtual Desktop Infrastructure and IT infrastructure solutions with technical consultation and support services. It also provides cloud services. Its services include VDI consulting service, infrastructure solution services, storage migration services.

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