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JRC Co (TSE:6224) EBIT : 円1,551 Mil (TTM As of Aug. 2024)


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What is JRC Co EBIT?

JRC Co's earnings before interest and taxes (EBIT) for the three months ended in Aug. 2024 was 円416 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Aug. 2024 was 円1,551 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. JRC Co's annualized ROC % for the quarter that ended in Aug. 2024 was 16.30%. JRC Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Aug. 2024 was 32.77%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. JRC Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Aug. 2024 was 12.30%.


JRC Co EBIT Historical Data

The historical data trend for JRC 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.

JRC Co EBIT Chart

JRC Co Annual Data
Trend Feb22 Feb23 Feb24
EBIT
865.73 1,294.93 1,332.96

JRC Co Quarterly Data
Feb22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24
EBIT Get a 7-Day Free Trial 316.76 417.57 394.81 322.91 415.69

Competitive Comparison of JRC Co's EBIT

For the Specialty Industrial Machinery subindustry, JRC 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.


JRC Co's EV-to-EBIT Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, JRC Co's EV-to-EBIT distribution charts can be found below:

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



JRC 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 Aug. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was 円1,551 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.


JRC Co  (TSE:6224) EBIT Explanation

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

JRC Co's annualized ROC % for the quarter that ended in Aug. 2024 is calculated as:

ROC % (Q: Aug. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: May. 2024 ) + Invested Capital (Q: Aug. 2024 ))/ count )
=1587.6 * ( 1 - 32.22% )/( (6571.441 + 6629.097)/ 2 )
=1076.07528/6600.269
=16.30 %

where

Invested Capital(Q: May. 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))
=10895.879 - 1815.977 - ( 2508.461 - max(0, 4104.677 - 7194.153+2508.461))
=6571.441

Invested Capital(Q: Aug. 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))
=11621.441 - 2153.573 - ( 2838.771 - max(0, 4449.775 - 7696.794+2838.771))
=6629.097

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

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

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

ROC (Joel Greenblatt) %(Q: Aug. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: May. 2024  Q: Aug. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=1662.756/( ( (3002.953 + max(2051.015, 0)) + (3179.616 + max(1914.116, 0)) )/ 2 )
=1662.756/( ( 5053.968 + 5093.732 )/ 2 )
=1662.756/5073.85
=32.77 %

where Working Capital is:

Working Capital(Q: May. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1909.878 + 1315.328 + 1460.486) - (1815.977 + 0 + 818.7)
=2051.015

Working Capital(Q: Aug. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(2061.918 + 1513.15 + 1282.955) - (2153.573 + 0 + 790.334)
=1914.116

When net working capital is negative, 0 is used.

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

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Aug. 2024 )
=1550.979/12611.552
=12.30 %

* 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.


JRC Co EBIT Related Terms

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JRC Co Business Description

Traded in Other Exchanges
N/A
Address
2-1-1 Awaza Nishi-ku, Osaka Honmachi Nishi Daiichi Building 6th floor, Osaka-shi, Osaka, JPN, 550-0011
JRC Co Ltd is engaged in designing, manufacturing, and sales of conveyor parts and automated equipment using robots. It is also engaged in the maintenance and improvement of conveyor equipment.

JRC Co Headlines

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