GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Riken Vitamin Co Ltd (TSE:4526) » Definitions » EBIT

Riken Vitamin Co (TSE:4526) EBIT : 円12,021 Mil (TTM As of Dec. 2023)


View and export this data going back to 1961. Start your Free Trial

What is Riken Vitamin Co EBIT?

Riken Vitamin Co's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2023 was 円3,299 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was 円12,021 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Riken Vitamin Co's annualized ROC % for the quarter that ended in Dec. 2023 was 10.83%. Riken Vitamin Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 27.01%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Riken Vitamin Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 16.96%.


Riken Vitamin Co EBIT Historical Data

The historical data trend for Riken Vitamin 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.

Riken Vitamin Co EBIT Chart

Riken Vitamin Co Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only -6,252.00 658.00 20,491.00 7,989.00 12,021.00

Riken Vitamin Co 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 1,307.00 2,988.00 2,251.00 3,299.00 3,483.00

Competitive Comparison of Riken Vitamin Co's EBIT

For the Packaged Foods subindustry, Riken Vitamin 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.


Riken Vitamin Co's EV-to-EBIT Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Riken Vitamin Co's EV-to-EBIT distribution charts can be found below:

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



Riken Vitamin 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 Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was 円12,021 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.


Riken Vitamin Co  (TSE:4526) EBIT Explanation

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

Riken Vitamin Co's annualized ROC % for the quarter that ended in Dec. 2023 is calculated as:

ROC % (Q: Dec. 2023 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Sep. 2023 ) + Invested Capital (Q: Dec. 2023 ))/ count )
=12260 * ( 1 - 26.25% )/( (82251 + 84771)/ 2 )
=9041.75/83511
=10.83 %

where

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

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

Riken Vitamin Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 is calculated as:

ROC (Joel Greenblatt) %(Q: Dec. 2023 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Sep. 2023  Q: Dec. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=13196/( ( (23444 + max(24147, 0)) + (23124 + max(26996, 0)) )/ 2 )
=13196/( ( 47591 + 50120 )/ 2 )
=13196/48855.5
=27.01 %

where Working Capital is:

Working Capital(Q: Sep. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(21475 + 18554 + 2426) - (10583 + 0 + 7725)
=24147

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(23564 + 18115 + 2836) - (10199 + 0 + 7320)
=26996

When net working capital is negative, 0 is used.

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

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

Riken Vitamin Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2023 )
=12021/70865.500
=16.96 %

* 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.


Riken Vitamin Co EBIT Related Terms

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


Riken Vitamin Co (TSE:4526) Business Description

Traded in Other Exchanges
N/A
Address
2-9-18 TDC Building, 11th-12th Floor, Chiyoda-ku, Tokyo, JPN, 101-8370
Riken Vitamin Co Ltd is a Japan based animal food manufacturing company. It is a developer and producer of a wide variety of improvers that is broadly used to improve the texture and quality of processed food. It is engaged in consumer and commercial foods, processed food ingredients, food chemicals for industrial uses and Vitamin production and sales. The company's food emulsifiers are used in various applications such as cakes, bread, noodles, ice cream, as well as fat and oil food product. In addition to emulsifiers, Riken Vitamin also provides a range of other food improvers for various purposes according to relevant consumer needs.

Riken Vitamin Co (TSE:4526) Headlines

No Headlines