GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Furuno Electric Co Ltd (TSE:6814) » Definitions » EBIT

Furuno Electric Co (TSE:6814) EBIT : 円8,302 Mil (TTM As of Nov. 2023)


View and export this data going back to 1982. Start your Free Trial

What is Furuno Electric Co EBIT?

Furuno Electric Co's earnings before interest and taxes (EBIT) for the three months ended in Nov. 2023 was 円3,252 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Nov. 2023 was 円8,302 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Furuno Electric Co's annualized ROC % for the quarter that ended in Nov. 2023 was 10.35%. Furuno Electric Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Nov. 2023 was 22.41%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Furuno Electric Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Nov. 2023 was 11.95%.


Furuno Electric Co EBIT Historical Data

The historical data trend for Furuno Electric 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.

Furuno Electric Co EBIT Chart

Furuno Electric Co Annual Data
Trend Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2,799.00 4,833.00 3,816.00 2,547.00 8,302.00

Furuno Electric Co 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 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 318.00 1,811.00 2,772.00 3,252.00 467.00

Competitive Comparison of Furuno Electric Co's EBIT

For the Scientific & Technical Instruments subindustry, Furuno Electric 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.


Furuno Electric Co's EV-to-EBIT Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Furuno Electric Co's EV-to-EBIT distribution charts can be found below:

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



Furuno Electric 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 Nov. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was 円8,302 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.


Furuno Electric Co  (TSE:6814) EBIT Explanation

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

Furuno Electric Co's annualized ROC % for the quarter that ended in Nov. 2023 is calculated as:

ROC % (Q: Nov. 2023 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Aug. 2023 ) + Invested Capital (Q: Nov. 2023 ))/ count )
=10792 * ( 1 - 12.08% )/( (89535 + 93847)/ 2 )
=9488.3264/91691
=10.35 %

where

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

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

Furuno Electric Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Nov. 2023 is calculated as:

ROC (Joel Greenblatt) %(Q: Nov. 2023 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Aug. 2023  Q: Nov. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=13008/( ( (14129 + max(42968, 0)) + (14502 + max(44501, 0)) )/ 2 )
=13008/( ( 57097 + 59003 )/ 2 )
=13008/58050
=22.41 %

where Working Capital is:

Working Capital(Q: Aug. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(23325 + 44914 + 4900) - (8336 + 0 + 21835)
=42968

Working Capital(Q: Nov. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(23453 + 46903 + 5224) - (7606 + 0 + 23473)
=44501

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Nov. 2023) EBIT data.

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Nov. 2023 )
=8302/69472.066
=11.95 %

* 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.


Furuno Electric Co EBIT Related Terms

Thank you for viewing the detailed overview of Furuno Electric Co's EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.


Furuno Electric Co (TSE:6814) Business Description

Traded in Other Exchanges
N/A
Address
9-52 Ashihara-cho, Hyogo Prefecture, Nishinomiya City, JPN
Furuno Electric Co., Ltd is engaged in the business of producing marine related electronic equipment. The products portfolio includes fish sonar, GPS, Radar, Coastal monitoring system, Automatic identification system, Voyage data recorder, and satellite communications equipment.

Furuno Electric Co (TSE:6814) Headlines

No Headlines