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Rhythm Co (TSE:7769) EBIT : 円640 Mil (TTM As of Dec. 2023)


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What is Rhythm Co EBIT?

Rhythm Co's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2023 was 円351 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was 円640 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Rhythm Co's annualized ROC % for the quarter that ended in Dec. 2023 was 2.68%. Rhythm Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 6.44%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Rhythm Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 2.40%.


Rhythm Co EBIT Historical Data

The historical data trend for Rhythm 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.

Rhythm Co EBIT Chart

Rhythm 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 237.00 -718.00 -868.00 1,168.00 1,174.00

Rhythm 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 288.00 142.00 17.00 130.00 351.00

Competitive Comparison of Rhythm Co's EBIT

For the Luxury Goods subindustry, Rhythm 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.


Rhythm Co's EV-to-EBIT Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Rhythm Co's EV-to-EBIT distribution charts can be found below:

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



Rhythm 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640 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.


Rhythm Co  (TSE:7769) EBIT Explanation

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

Rhythm 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 )
=1564 * ( 1 - 50.58% )/( (28892 + 28826)/ 2 )
=772.9288/28859
=2.68 %

where

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

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

Rhythm 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 )
=1404/( ( (11084 + max(10462, 0)) + (11148 + max(10935, 0)) )/ 2 )
=1404/( ( 21546 + 22083 )/ 2 )
=1404/21814.5
=6.44 %

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)
=(4338 + 9465 + 2920) - (3900 + 0 + 2361)
=10462

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(5325 + 9032 + 2549) - (3932 + 0 + 2039)
=10935

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2023 )
=640/26704.270
=2.40 %

* 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.


Rhythm Co EBIT Related Terms

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Rhythm Co (TSE:7769) Business Description

Traded in Other Exchanges
N/A
Address
1-299-12 Kitabukuro-cho Omiya-ku, Saitama-shi, Saitama, JPN, 330-9551
Rhythm Co Ltd is a watch manufacturer. The company is mainly engaged in the manufacturing and sale of clocks, jewelry, watches, electronic parts, and equipment. It operates its business in four divisions including clock division, electronics division, precision division, and connected terminal division. The Clock division manufactures and supplies products, such as hanging clocks, standing clocks, alarm clocks, watches, and accessories. The Electronics division manufactures and sells information-related equipment, communication, and automobile-related equipment. The Precision division manufactures and sells precision molds, plastic and metal components, and medical equipment. The Connection Terminal division manufactures and sells connection terminal products.

Rhythm Co (TSE:7769) Headlines

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