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MeganTop Co., (TSE:7541) EBIT : 円9,369 Mil (TTM As of Mar. 2013)


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What is MeganTop Co., EBIT?

MeganTop Co.,'s earnings before interest and taxes (EBIT) for the three months ended in Mar. 2013 was 円2,339 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2013 was 円9,369 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. MeganTop Co.,'s annualized ROC % for the quarter that ended in Mar. 2013 was 18.70%. MeganTop Co.,'s annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2013 was 83.25%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. MeganTop Co.,'s Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2013 was 14.84%.

MeganTop Co., EBIT Historical Data

The historical data trend for MeganTop 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.

MeganTop Co., EBIT Chart

MeganTop Co., Annual Data
Trend Mar09 Mar10 Mar11 Mar12
EBIT
5,316.95 4,770.67 5,387.01 8,830.12

MeganTop Co., Quarterly Data
Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13
EBIT Get a 7-Day Free Trial Premium Member Only 1,348.97 2,237.70 2,915.18 1,876.21 2,339.50

Competitive Comparison of MeganTop Co.,'s EBIT

For the Medical Instruments & Supplies subindustry, MeganTop 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.

MeganTop Co.,'s EV-to-EBIT Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, MeganTop Co.,'s EV-to-EBIT distribution charts can be found below:

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


MeganTop 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 Mar. 2013 adds up the quarterly data reported by the company within the most recent 12 months, which was 円9,369 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.

MeganTop Co.,  (TSE:7541) EBIT Explanation

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

MeganTop Co.,'s annualized ROC % for the quarter that ended in Mar. 2013 is calculated as:

ROC % (Q: Mar. 2013 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2012 ) + Invested Capital (Q: Mar. 2013 ))/ count )
=9357.988 * ( 1 - 41.17% )/( (29169.866 + 29702.59)/ 2 )
=5505.3043404/29436.228
=18.70 %

where

Invested Capital(Q: Dec. 2012 )
=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))
=34785.12 - 1908.268 - ( 5152.099 - max(0, 10341.317 - 14048.303+5152.099))
=29169.866

Invested Capital(Q: Mar. 2013 )
=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))
=35709.249 - 876.889 - ( 6596.067 - max(0, 9919.163 - 15048.933+6596.067))
=29702.59

Note: The Operating Income data used here is four times the quarterly (Mar. 2013) data.

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

MeganTop Co.,'s annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2013 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2013 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2012  Q: Mar. 2013
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=9357.988/( ( (11274.086 + max(-118.776, 0)) + (11207.363 + max(-2481.93, 0)) )/ 2 )
=9357.988/( ( 11274.086 + 11207.363 )/ 2 )
=9357.988/11240.7245
=83.25 %

where Working Capital is:

Working Capital(Q: Dec. 2012 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 5668.371 + 1704.17) - (1908.268 + 0 + 5583.049)
=-118.776

Working Capital(Q: Mar. 2013 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 4820.525 + 1356.708) - (876.889 + 0 + 7782.274)
=-2481.93

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2013) EBIT data.

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2013 )
=9368.589/63122.000
=14.84 %

* 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.

MeganTop Co., EBIT Related Terms

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