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Celsys (TSE:3663) EBIT : 円1,370 Mil (TTM As of Mar. 2024)


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What is Celsys EBIT?

Celsys's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was 円565 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was 円1,370 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Celsys's annualized ROC % for the quarter that ended in Mar. 2024 was 54.37%. Celsys's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 586.79%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Celsys's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 6.28%.


Celsys EBIT Historical Data

The historical data trend for Celsys'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.

Celsys EBIT Chart

Celsys Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 237.39 773.27 1,378.75 1,465.78 1,352.79

Celsys 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 548.74 180.36 195.75 427.95 565.49

Competitive Comparison of Celsys's EBIT

For the Software - Application subindustry, Celsys'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.


Celsys's EV-to-EBIT Distribution in the Software Industry

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

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



Celsys 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was 円1,370 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.


Celsys  (TSE:3663) EBIT Explanation

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

Celsys's annualized ROC % for the quarter that ended in Mar. 2024 is calculated as:

ROC % (Q: Mar. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2023 ) + Invested Capital (Q: Mar. 2024 ))/ count )
=2261.976 * ( 1 - 13.71% )/( (2766.168 + 4413.365)/ 2 )
=1951.8590904/3589.7665
=54.37 %

where

Invested Capital(Q: Dec. 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))
=8551.524 - 288.024 - ( 5601.095 - max(0, 1432.444 - 6929.776+5601.095))
=2766.168

Invested Capital(Q: Mar. 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))
=8854.754 - 376.304 - ( 4065.085 - max(0, 1592.655 - 6317.854+4065.085))
=4413.365

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

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

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

ROC (Joel Greenblatt) %(Q: Mar. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2023  Q: Mar. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=2261.976/( ( (306.362 + max(-629.928, 0)) + (307.673 + max(156.931, 0)) )/ 2 )
=2261.976/( ( 306.362 + 464.604 )/ 2 )
=2261.976/385.483
=586.79 %

where Working Capital is:

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(339.623 + 82.014 + 380.879) - (288.024 + 0 + 1144.42)
=-629.928

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(336.255 + 97.753 + 1315.578) - (376.304 + 0 + 1216.351)
=156.931

When net working capital is negative, 0 is used.

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

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=1369.545/21793.800
=6.28 %

* 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.


Celsys EBIT Related Terms

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Celsys (TSE:3663) Business Description

Traded in Other Exchanges
N/A
Address
4-15-7 Nishi-Shinjuku, Pacific Marks Shinjuku, Shinjuku-ku, Tokyo, JPN, 160-0023
Celsys Inc is engaged in UI/UX and creator support businesses. It develops UI development solution products, such as exbeans UI Conductor, an UI authoring tool; exbeans Affinity, a Web application platform; Higlyph, a scalable font rendering engine; and graphics rendering related products to various device manufacturers, including communication carriers, mobile devices and digital home appliances. The company also researches and develops graphics technology products comprising Clip Studio, Retas Studio, And Clip Studio for producing graphics-related content, such as illustration, manga, animation, and the Internet; and provides services to support creative activities.

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