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Create Medic Co (TSE:5187) EBIT : 円1,254 Mil (TTM As of Jun. 2024)


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What is Create Medic Co EBIT?

Create Medic Co's earnings before interest and taxes (EBIT) for the three months ended in Jun. 2024 was 円632 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2024 was 円1,254 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Create Medic Co's annualized ROC % for the quarter that ended in Jun. 2024 was 4.38%. Create Medic Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was 23.04%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Create Medic Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was 46.72%.


Create Medic Co EBIT Historical Data

The historical data trend for Create Medic 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.

Create Medic Co EBIT Chart

Create Medic Co 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 1,109.58 991.70 971.72 870.16 915.00

Create Medic Co Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 255.56 274.25 237.78 110.03 632.30

Competitive Comparison of Create Medic Co's EBIT

For the Medical Devices subindustry, Create Medic 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.


Create Medic Co's EV-to-EBIT Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Create Medic Co's EV-to-EBIT distribution charts can be found below:

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


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Create Medic 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 Jun. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was 円1,254 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.


Create Medic Co  (TSE:5187) EBIT Explanation

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

Create Medic Co'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 )
=769.72 * ( 1 - 21.94% )/( (14028.261 + 13407.895)/ 2 )
=600.843432/13718.078
=4.38 %

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))
=19174.653 - 511.925 - ( 4634.467 - max(0, 2798.352 - 12610.07+4634.467))
=14028.261

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))
=20010.549 - 463.855 - ( 6138.799 - max(0, 2826.067 - 13794.033+6138.799))
=13407.895

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

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

Create Medic Co'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 )
=2529.208/( ( (5419.417 + max(5977.251, 0)) + (4924.776 + max(5629.167, 0)) )/ 2 )
=2529.208/( ( 11396.668 + 10553.943 )/ 2 )
=2529.208/10975.3055
=23.04 %

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)
=(1681.728 + 4275.831 + 2018.044) - (511.925 + 0 + 1486.427)
=5977.251

Working Capital(Q: Jun. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1841.921 + 4084.638 + 1728.675) - (463.855 + 0 + 1562.212)
=5629.167

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jun. 2024 )
=1254.366/2684.898
=46.72 %

* 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.


Create Medic Co EBIT Related Terms

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Create Medic Co Business Description

Traded in Other Exchanges
N/A
Address
5-25 Chigasaki-Minami-2, Tsuzuki-ku, Kanagawa, Yokohama, JPN, 224-0037
Create Medic Co Ltd is engaged in the research, manufacture and sale of medical appliances made of silicone rubber. It provides various urology, gastroenterology, percutaneous endoscopic gastrostomy, and surgery products.

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