Mito Securities Co (TSE:8622) EBIT : 円2,533 Mil (TTM As of Dec. 2023)

View and export this data going back to 1989. Start your Free Trial

What is Mito Securities Co EBIT?

Mito Securities Co's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2023 was 円273 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was 円2,533 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Mito Securities Co's annualized ROC % for the quarter that ended in Dec. 2023 was 1.77%. Mito Securities Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 28.64%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Mito Securities Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 28.01%.

Mito Securities Co EBIT Historical Data

The historical data trend for Mito Securities 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.

Mito Securities Co EBIT Chart

Mito Securities Co Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

EBIT

Get a 7-Day Free Trial

10.00

2,819.00

1,527.00

-264.00

2,533.00

Mito Securities Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
EBIT	Get a 7-Day Free Trial															-44.00	597.00	447.00	273.00	1,216.00

Competitive Comparison of Mito Securities Co's EBIT

For the Capital Markets subindustry, Mito Securities 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.

Mito Securities Co's EV-to-EBIT Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Mito Securities Co's EV-to-EBIT distribution charts can be found below:

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

Mito Securities 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2,533 Mil.

Mito Securities Co (TSE:8622) EBIT Explanation

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

Mito Securities 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 )
=	1092 * ( 1 - 33.89% )	/	( (39316	+	42092)	/ 2 )
=	721.9212	/	40704
=	1.77 %

where

	Invested Capital		(Q: Sep. 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	))
=	69409	-	535	-	( 29558	-	max(0, 24884	-	54719	+	29558	))
=	39316

	Invested Capital		(Q: Dec. 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	))
=	72264	-	507	-	( 32234	-	max(0, 27560	-	57225	+	32234	))
=	42092

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

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

Mito Securities 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 )
=	1092	/	( ( (3839 + max(-2867, 0))	+	(3788 + max(-4044, 0)) )	/	2 )
=	1092	/	( ( 3839	+	3788 )	/	2 )
=	1092	/	3813.5
=	28.64 %

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)
=	(0	+	0	+	17226)	-	(535	+	0	+	19558)
=	-2867

	Working Capital		(Q: Dec. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0	+	0	+	18694)	-	(507	+	0	+	22231)
=	-4044

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:

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

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Dec. 2023 )
	=	2533	/	9043.483
	=	28.01 %

Mito Securities Co EBIT Related Terms

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

Mito Securities Co (TSE:8622) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Mito Securities Co Ltd (TSE:8622) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

N/A

Address

2-3-10,Nihonbashi, Chuo-ku, Tokyo, JPN, 1030027

Website

http://www.mito.co.jp

Mito Securities Co Ltd is a Japan-based company mainly engaged in the securities business. The company is involved in the purchase and sale of marketable securities, underwriting, sale, and offering of marketable securities. In addition, it also provides the variety of customized products such as fund wrap, investment trust, mutual fund, bonds, stocks and much more.

Mito Securities Co (TSE:8622) Headlines

No Headlines