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DreamArts (TSE:4811) EBIT : 円554 Mil (TTM As of Jun. 2024)


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What is DreamArts EBIT?

DreamArts's earnings before interest and taxes (EBIT) for the three months ended in Jun. 2024 was 円174 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2024 was 円554 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. DreamArts's annualized ROC % for the quarter that ended in Jun. 2024 was 17.61%. DreamArts's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was 764.70%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. DreamArts's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was 9.14%.

DreamArts EBIT Historical Data

The historical data trend for DreamArts'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.

DreamArts EBIT Chart

DreamArts Annual Data
Trend Dec21 Dec22 Dec23
EBIT
-22.45 183.14 564.40

DreamArts Quarterly Data
Dec21 Dec22 Jun23 Sep23 Dec23 Mar24 Jun24
EBIT Get a 7-Day Free Trial - 122.77 73.73 183.81 174.13

Competitive Comparison of DreamArts's EBIT

For the Software - Infrastructure subindustry, DreamArts'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.

DreamArts's EV-to-EBIT Distribution in the Software Industry

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

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


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DreamArts 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. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was 円554 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.

DreamArts  (TSE:4811) EBIT Explanation

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

DreamArts's annualized ROC % for the quarter that ended in Jun. 2024 is calculated as:

ROC % (Q: Jun. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Mar. 2024 ) + Invested Capital (Q: Jun. 2024 ))/ count )
=708.472 * ( 1 - 30.08% )/( (2212.754 + 3413.663)/ 2 )
=495.3636224/2813.2085
=17.61 %

where

Invested Capital(Q: Mar. 2024 )
=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))
=3878.977 - 116.49 - ( 2685.815 - max(0, 1642.729 - 3192.462+2685.815))
=2212.754

Invested Capital(Q: Jun. 2024 )
=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))
=4929.624 - 176.575 - ( 3837.194 - max(0, 2863.013 - 4202.399+3837.194))
=3413.663

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

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

DreamArts's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Jun. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Mar. 2024  Q: Jun. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=696.528/( ( (90.255 + max(-1136.082, 0)) + (91.916 + max(-2197.808, 0)) )/ 2 )
=696.528/( ( 90.255 + 91.916 )/ 2 )
=696.528/91.0855
=764.70 %

where Working Capital is:

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(286.177 + 0.218 + 220.252) - (116.49 + 0 + 1526.239)
=-1136.082

Working Capital(Q: Jun. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(188.935 + 2.219 + 174.051) - (176.575 + 0 + 2386.438)
=-2197.808

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Jun. 2024) EBIT data.

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jun. 2024 )
=554.443/6064.158
=9.14 %

* 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.

DreamArts EBIT Related Terms

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DreamArts Business Description

Industry
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Traded in Other Exchanges
N/A
Address
Ebisu Garden Place Tower 29F, 4-20-3 Ebisu, Shibuya-ku, Tokyo, JPN, 150-6029
Website
https://www.dreamarts.co.jp
DreamArts Corp is a company engaged in developing computer system and business software. It also provides SaaS products (such as the no-code development tool (SmartDB) and consulting services for business digitalization focused on the enterprise market. They offer a wide range of cloud services, including ShopRan a cloud service that specializes in communication between distribution and retail headquarters used by more than fifty seven thousand stores nationwide.

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