GURUFOCUS.COM » STOCK LIST » Technology » Software » DWANGO Co., Ltd. (TSE:3715) » Definitions » EBIT

DWANGO Co., (TSE:3715) EBIT : 円3,487 Mil (TTM As of Jun. 2014)


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

What is DWANGO Co., EBIT?

DWANGO Co.,'s earnings before interest and taxes (EBIT) for the three months ended in Jun. 2014 was 円820 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2014 was 円3,487 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. DWANGO Co.,'s annualized ROC % for the quarter that ended in Jun. 2014 was 10.44%. DWANGO Co.,'s annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2014 was 58.45%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. DWANGO Co.,'s Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2014 was 4.49%.


DWANGO Co., EBIT Historical Data

The historical data trend for DWANGO 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.

DWANGO Co., EBIT Chart

DWANGO Co., Annual Data
Trend Sep08 Sep09 Sep10 Sep11 Sep12 Sep13
EBIT
Get a 7-Day Free Trial -784.07 1,736.01 1,455.96 -269.59 2,159.68

DWANGO Co., Quarterly Data
Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14
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 553.17 155.15 1,605.36 906.34 819.67

Competitive Comparison of DWANGO Co.,'s EBIT

For the Information Technology Services subindustry, DWANGO 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.


DWANGO Co.,'s EV-to-EBIT Distribution in the Software Industry

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

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



DWANGO 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. 2014 adds up the quarterly data reported by the company within the most recent 12 months, which was 円3,487 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.


DWANGO Co.,  (TSE:3715) EBIT Explanation

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

DWANGO Co.,'s annualized ROC % for the quarter that ended in Jun. 2014 is calculated as:

ROC % (Q: Jun. 2014 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Mar. 2014 ) + Invested Capital (Q: Jun. 2014 ))/ count )
=4369.496 * ( 1 - 55.32% )/( (18594.026 + 18814.133)/ 2 )
=1952.2908128/18704.0795
=10.44 %

where

Invested Capital(Q: Mar. 2014 )
=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))
=31586.824 - 2457.38 - ( 10535.418 - max(0, 8053.185 - 20724.059+10535.418))
=18594.026

Invested Capital(Q: Jun. 2014 )
=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))
=32558.859 - 2570.215 - ( 11174.511 - max(0, 7841.415 - 21734.623+11174.511))
=18814.133

Note: The Operating Income data used here is four times the quarterly (Jun. 2014) data.

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

DWANGO Co.,'s annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2014 is calculated as:

ROC (Joel Greenblatt) %(Q: Jun. 2014 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Mar. 2014  Q: Jun. 2014
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=3278.688/( ( (2472.659 + max(2952.136, 0)) + (2658.903 + max(3135.337, 0)) )/ 2 )
=3278.688/( ( 5424.795 + 5794.24 )/ 2 )
=3278.688/5609.5175
=58.45 %

where Working Capital is:

Working Capital(Q: Mar. 2014 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 2020.576 + 8168.065) - (2457.38 + 0 + 4779.125)
=2952.136

Working Capital(Q: Jun. 2014 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 2711.294 + 7848.818) - (2570.215 + 0 + 4854.56)
=3135.337

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Jun. 2014) EBIT data.

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jun. 2014 )
=3486.523/77594.317
=4.49 %

* 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.


DWANGO Co., EBIT Related Terms

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


DWANGO Co., (TSE:3715) Business Description

Traded in Other Exchanges
N/A
Address
DWANGO Co., Ltd. provides Internet content through cellular phones. The Company also plans, develops and manages network entertainment systems.

DWANGO Co., (TSE:3715) Headlines

No Headlines