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Ise Chemicals (TSE:4107) EBIT : 円5,531 Mil (TTM As of Mar. 2024)


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What is Ise Chemicals EBIT?

Ise Chemicals's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was 円1,259 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was 円5,531 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Ise Chemicals's annualized ROC % for the quarter that ended in Mar. 2024 was 14.06%. Ise Chemicals's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 21.10%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Ise Chemicals's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 3.10%.


Ise Chemicals EBIT Historical Data

The historical data trend for Ise Chemicals'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.

Ise Chemicals EBIT Chart

Ise Chemicals 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 1,813.00 1,990.00 2,593.00 3,600.00 5,201.00

Ise Chemicals 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 929.00 1,656.00 1,055.00 1,561.00 1,259.00

Competitive Comparison of Ise Chemicals's EBIT

For the Specialty Chemicals subindustry, Ise Chemicals'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.


Ise Chemicals's EV-to-EBIT Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Ise Chemicals's EV-to-EBIT distribution charts can be found below:

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



Ise Chemicals 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5,531 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.


Ise Chemicals  (TSE:4107) EBIT Explanation

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

Ise Chemicals'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 )
=5280 * ( 1 - 30.5% )/( (25095 + 27122)/ 2 )
=3669.6/26108.5
=14.06 %

where

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

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

Ise Chemicals'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 )
=5036/( ( (14702 + max(8234, 0)) + (14997 + max(9796, 0)) )/ 2 )
=5036/( ( 22936 + 24793 )/ 2 )
=5036/23864.5
=21.10 %

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)
=(6692 + 7595 + 134) - (5267 + 0 + 920)
=8234

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(6324 + 8153 + 94) - (3718 + 0 + 1057)
=9796

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=5531/178535.630
=3.10 %

* 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.


Ise Chemicals EBIT Related Terms

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Ise Chemicals (TSE:4107) Business Description

Traded in Other Exchanges
N/A
Address
3-1, Kyobashi 1-chome, 10th Floor, Yaesuguchi Daiei Building, Tokyo, JPN, 104-0031
Ise Chemicals Corp engages in the production and distribution of iodine, metallic compounds, and natural gas. The company offers iodine for use in X-ray contrast media, pesticides, liquid crystal display polarizers, and laser beams. It also produces cobalt and nickel compounds for use in capacitors and lithium-ion batteries; and produces and supplies natural gas to gas companies and factories.

Ise Chemicals (TSE:4107) Headlines

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