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Nippon RAD (TSE:4736) EBIT : 円324 Mil (TTM As of Dec. 2023)


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What is Nippon RAD EBIT?

Nippon RAD's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2023 was 円63 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was 円324 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Nippon RAD's annualized ROC % for the quarter that ended in Dec. 2023 was 15.03%. Nippon RAD's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 84.32%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Nippon RAD's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 14.02%.


Nippon RAD EBIT Historical Data

The historical data trend for Nippon RAD'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.

Nippon RAD EBIT Chart

Nippon RAD Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 82.20 111.63 -162.21 39.50 159.80

Nippon RAD Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 45.28 84.67 132.91 43.13 62.85

Competitive Comparison of Nippon RAD's EBIT

For the Information Technology Services subindustry, Nippon RAD'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.


Nippon RAD's EV-to-EBIT Distribution in the Software Industry

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

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



Nippon RAD 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324 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.


Nippon RAD  (TSE:4736) EBIT Explanation

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

Nippon RAD'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 )
=247.712 * ( 1 - 15.91% )/( (1332.384 + 1439.675)/ 2 )
=208.3010208/1386.0295
=15.03 %

where

Invested Capital(Q: Sep. 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))
=3974.967 - 182.955 - ( 2459.628 - max(0, 643.728 - 3285.595+2459.628))
=1332.384

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))
=3995.675 - 144.56 - ( 2411.44 - max(0, 624.207 - 3305.261+2411.44))
=1439.675

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

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

Nippon RAD'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 )
=251.4/( ( (33.546 + max(242.239, 0)) + (30.931 + max(289.614, 0)) )/ 2 )
=251.4/( ( 275.785 + 320.545 )/ 2 )
=251.4/298.165
=84.32 %

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)
=(616.432 + 125.736 + 83.799) - (182.955 + 0 + 400.773)
=242.239

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(705.904 + 122.497 + 65.42) - (144.56 + 0 + 459.647)
=289.614

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2023 )
=323.549/2308.375
=14.02 %

* 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.


Nippon RAD EBIT Related Terms

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Nippon RAD (TSE:4736) Business Description

Traded in Other Exchanges
N/A
Address
2-2-5 Toranomon, Minato-ku, Kyodo Tsushin Kaikan Building, Tokyo, JPN, 105-0001
Nippon RAD Inc is engaged in the development of systems and software for various industries and operations. The solutions of the company include the GW system, card operation system, risk management system, vehicle management system, and risk management system.

Nippon RAD (TSE:4736) Headlines

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