Excite Holdings Co (TSE:5571) EBIT : 円503 Mil (TTM As of Dec. 2023)

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What is Excite Holdings Co EBIT?

Excite Holdings Co's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2023 was 円170 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was 円503 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Excite Holdings Co's annualized ROC % for the quarter that ended in Dec. 2023 was 16.57%. Excite Holdings Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 66,839.51%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Excite Holdings Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 16.14%.

Excite Holdings Co EBIT Historical Data

The historical data trend for Excite Holdings 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.

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Excite Holdings Co EBIT Chart

Excite Holdings Co Annual Data

Trend

Mar21

Mar22

Mar23

EBIT

425.69

314.17

614.06

Excite Holdings Co Quarterly Data
	Mar21	Mar22	Dec22	Mar23	Jun23	Sep23	Dec23
EBIT	Get a 7-Day Free Trial			-	113.08	84.54	135.73	170.02

Competitive Comparison of Excite Holdings Co's EBIT

For the Software - Application subindustry, Excite Holdings 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.

Excite Holdings Co's EV-to-EBIT Distribution in the Software Industry

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

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

Excite Holdings 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503 Mil.

Excite Holdings Co (TSE:5571) EBIT Explanation

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

Excite Holdings 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 )
=	680.804 * ( 1 - 34.19% )	/	( (2704.292	+	2704.564)	/ 2 )
=	448.0371124	/	2704.428
=	16.57 %

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	))
=	5989.842	-	917.554	-	( 2684.164	-	max(0, 1548.802	-	3916.798	+	2684.164	))
=	2704.292

	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	))
=	6119.218	-	974.795	-	( 2685.551	-	max(0, 1624.151	-	4064.01	+	2685.551	))
=	2704.564

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

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

Excite Holdings 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 )
=	680.092	/	( ( (0.969 + max(-316.168, 0))	+	(1.066 + max(-245.692, 0)) )	/	2 )
=	680.092	/	( ( 0.969	+	1.066 )	/	2 )
=	680.092	/	1.0175
=	66,839.51 %

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)
=	(1134.547	+	29.527	+	68.559999999999)	-	(917.554	+	0	+	631.248)
=	-316.168

	Working Capital		(Q: Dec. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(1228.692	+	38.934	+	110.833)	-	(974.795	+	0	+	649.356)
=	-245.692

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:

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

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Dec. 2023 )
	=	503.373	/	3119.225
	=	16.14 %

Excite Holdings Co EBIT Related Terms

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Excite Holdings Co (TSE:5571) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Excite Holdings Co Ltd (TSE:5571) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

N/A

Address

3-20-1 Minamiazabu, Daiwa Azabu Terrace 4th Floor, Minato-ku, Tokyo, JPN, 106-0047

Website

https://www.excite-holdings.co.jp

Excite Holdings Co Ltd is engaged in the business management and related operations of group companies, platform business, broadband business, and SaaS/DX Business.

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