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Toyo Shutter Co (TSE:5936) EBIT : 円1,397 Mil (TTM As of Dec. 2023)


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What is Toyo Shutter Co EBIT?

Toyo Shutter Co's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2023 was 円392 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was 円1,397 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Toyo Shutter Co's annualized ROC % for the quarter that ended in Dec. 2023 was 10.66%. Toyo Shutter Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 24.00%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Toyo Shutter Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 27.87%.


Toyo Shutter Co EBIT Historical Data

The historical data trend for Toyo Shutter 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.

Toyo Shutter Co EBIT Chart

Toyo Shutter Co 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 460.30 1,308.54 701.33 714.52 873.81

Toyo Shutter Co 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 452.67 401.50 300.01 304.42 391.52

Competitive Comparison of Toyo Shutter Co's EBIT

For the Building Products & Equipment subindustry, Toyo Shutter 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.


Toyo Shutter Co's EV-to-EBIT Distribution in the Construction Industry

For the Construction industry and Industrials sector, Toyo Shutter Co's EV-to-EBIT distribution charts can be found below:

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



Toyo Shutter 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1,397 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.


Toyo Shutter Co  (TSE:5936) EBIT Explanation

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

Toyo Shutter 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 )
=1497.336 * ( 1 - 34.55% )/( (9214.323 + 9174.49)/ 2 )
=980.006412/9194.4065
=10.66 %

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))
=19142.089 - 5268.359 - ( 4904.231 - max(0, 7992.612 - 12652.019+4904.231))
=9214.323

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))
=19470.66 - 5441.857 - ( 4854.313 - max(0, 7984.707 - 12934.595+4854.313))
=9174.49

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

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

Toyo Shutter 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 )
=1566.064/( ( (5217.448 + max(1142.712, 0)) + (5180.95 + max(1509.405, 0)) )/ 2 )
=1566.064/( ( 6360.16 + 6690.355 )/ 2 )
=1566.064/6525.2575
=24.00 %

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)
=(4035.197 + 2511.337 + 1201.254) - (5268.359 + 0 + 1336.717)
=1142.712

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(3835.874 + 2612.379 + 1632.029) - (5441.857 + 0 + 1129.02)
=1509.405

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2023 )
=1397.453/5014.479
=27.87 %

* 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.


Toyo Shutter Co EBIT Related Terms

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Toyo Shutter Co (TSE:5936) Business Description

Traded in Other Exchanges
N/A
Address
No. 3 Building 12F Minamisenba Minamisenba 2-chome, Osaka, JPN
Toyo Shutter Co Ltd is engaged in the manufacture, installation, and sale of various shutters and other building fittings and building materials, production, installation and sale of disaster prevention and crime prevention equipment, and development of computer software and sales of computer equipment.

Toyo Shutter Co (TSE:5936) Headlines

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