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Showa System Engineering (TSE:4752) EBIT : 円964 Mil (TTM As of Dec. 2023)


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What is Showa System Engineering EBIT?

Showa System Engineering's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2023 was 円184 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was 円964 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Showa System Engineering's annualized ROC % for the quarter that ended in Dec. 2023 was 24.44%. Showa System Engineering's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 456.26%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Showa System Engineering's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 239.46%.


Showa System Engineering EBIT Historical Data

The historical data trend for Showa System Engineering'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.

Showa System Engineering EBIT Chart

Showa System Engineering 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 485.15 510.94 513.99 625.38 780.52

Showa System Engineering 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 183.17 169.58 271.81 338.44 184.18

Competitive Comparison of Showa System Engineering's EBIT

For the Information Technology Services subindustry, Showa System Engineering'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.


Showa System Engineering's EV-to-EBIT Distribution in the Software Industry

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

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



Showa System Engineering 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964 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.


Showa System Engineering  (TSE:4752) EBIT Explanation

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

Showa System Engineering'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 )
=723.332 * ( 1 - 32.03% )/( (2023.274 + 2000.61)/ 2 )
=491.6487604/2011.942
=24.44 %

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))
=7775.375 - 490.808 - ( 5284.938 - max(0, 1078.612 - 6339.905+5284.938))
=2023.274

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))
=7806.529 - 367.215 - ( 5465.283 - max(0, 941.09 - 6379.794+5465.283))
=2000.61

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

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

Showa System Engineering'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 )
=736.708/( ( (162.284 + max(-13.645, 0)) + (160.648 + max(-16.579, 0)) )/ 2 )
=736.708/( ( 162.284 + 160.648 )/ 2 )
=736.708/161.466
=456.26 %

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)
=(1012.289 + 16.34 + 26.338) - (490.808 + 0 + 577.804)
=-13.645

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(882.51 + 5.984 + 26.017) - (367.215 + 0 + 563.875)
=-16.579

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:

Showa System Engineering's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2023 )
=964.013/402.573
=239.46 %

* 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.


Showa System Engineering EBIT Related Terms

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Showa System Engineering (TSE:4752) Business Description

Traded in Other Exchanges
N/A
Address
15-18, Kodenma-cho, Chuo-ku, Tokyo, JPN, 103-0001
Showa System Engineering Corp is engaged in development of information systems, system integration, consulting on development and operation of information systems, and BPO entry service.

Showa System Engineering (TSE:4752) Headlines

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