Toyo Denki Seizo KK (TSE:6505) EBIT : 円1,268 Mil (TTM As of Feb. 2024)

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What is Toyo Denki Seizo KK EBIT?

Toyo Denki Seizo KK's earnings before interest and taxes (EBIT) for the three months ended in Feb. 2024 was 円184 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Feb. 2024 was 円1,268 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Toyo Denki Seizo KK's annualized ROC % for the quarter that ended in Feb. 2024 was -0.19%. Toyo Denki Seizo KK's annualized ROC (Joel Greenblatt) % for the quarter that ended in Feb. 2024 was 4.09%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Toyo Denki Seizo KK's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Feb. 2024 was 7.12%.

Toyo Denki Seizo KK EBIT Historical Data

The historical data trend for Toyo Denki Seizo KK'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 Denki Seizo KK EBIT Chart

Toyo Denki Seizo KK Annual Data

Trend

May14

May15

May16

May17

May18

May19

May20

May21

May22

May23

EBIT

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1,389.00

1,736.00

1,231.00

-1,172.00

1,207.00

Toyo Denki Seizo KK Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
EBIT	Get a 7-Day Free Trial															369.00	537.00	240.00	307.00	184.00

Competitive Comparison of Toyo Denki Seizo KK's EBIT

For the Specialty Industrial Machinery subindustry, Toyo Denki Seizo KK'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 Denki Seizo KK's EV-to-EBIT Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Toyo Denki Seizo KK's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Toyo Denki Seizo KK's EV-to-EBIT falls into.

Toyo Denki Seizo KK 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 Feb. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was 円1,268 Mil.

Toyo Denki Seizo KK (TSE:6505) EBIT Explanation

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

Toyo Denki Seizo KK's annualized ROC % for the quarter that ended in Feb. 2024 is calculated as:

	ROC % (Q: Feb. 2024 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Nov. 2023 )	+	Invested Capital (Q: Feb. 2024 ))	/ count )
=	-112 * ( 1 - 26.01% )	/	( (42908	+	45546)	/ 2 )
=	-82.8688	/	44227
=	-0.19 %

where

	Invested Capital		(Q: Nov. 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	))
=	50060	-	2307	-	( 4845	-	max(0, 10431	-	26343	+	4845	))
=	42908

	Invested Capital		(Q: Feb. 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	))
=	51397	-	2349	-	( 3502	-	max(0, 10418	-	25962	+	3502	))
=	45546

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

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

Toyo Denki Seizo KK's annualized ROC (Joel Greenblatt) % for the quarter that ended in Feb. 2024 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Feb. 2024 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Nov. 2023		Q: Feb. 2024
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	736	/	( ( (5615 + max(11876, 0))	+	(5506 + max(12968, 0)) )	/	2 )
=	736	/	( ( 17491	+	18474 )	/	2 )
=	736	/	17982.5
=	4.09 %

where Working Capital is:

	Working Capital		(Q: Nov. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(12719	+	6768	+	1965)	-	(2307	+	0	+	7269)
=	11876

	Working Capital		(Q: Feb. 2024 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(13329	+	7491	+	1531)	-	(2349	+	0	+	7034)
=	12968

When net working capital is negative, 0 is used.

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

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

Toyo Denki Seizo KK's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Feb. 2024 )
	=	1268	/	17804.657
	=	7.12 %

Toyo Denki Seizo KK EBIT Related Terms

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Toyo Denki Seizo KK (TSE:6505) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Toyo Denki Seizo KK (TSE:6505) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

N/A

Address

Tatemono Yaesu Building 5F 1-4-16, Yaesu, Chuo-ku, Tokyo, JPN, 103-0028

Website

http://www.toyodenki.co.jp

Toyo Denki Seizo KK operates in transportation business, industrial business, ICT solution business, and development center. In the transportation business, it is engaged in electrical equipment for railway vehicles. In the industrial business, the company develops industrial electrical equipment such as motors and inverters for production equipment machines. In the ICT solution business, it develops and manufactures station equipment and remote monitoring systems. At the Development Center, the group is working to expand new businesses and products.

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