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Bizmates (TSE:9345) EBIT : 円356 Mil (TTM As of Jun. 2024)


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What is Bizmates EBIT?

Bizmates's earnings before interest and taxes (EBIT) for the three months ended in Jun. 2024 was 円53 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2024 was 円356 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Bizmates's annualized ROC % for the quarter that ended in Jun. 2024 was 24.41%. Bizmates's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was 116.14%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Bizmates's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was 21.27%.


Bizmates EBIT Historical Data

The historical data trend for Bizmates'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.

Bizmates EBIT Chart

Bizmates Annual Data
Trend Dec20 Dec21 Dec22 Dec23
EBIT
135.52 262.64 323.59 318.00

Bizmates Quarterly Data
Dec20 Dec21 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only 46.89 97.20 121.77 84.00 53.50

Competitive Comparison of Bizmates's EBIT

For the Education & Training Services subindustry, Bizmates'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.


Bizmates's EV-to-EBIT Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, Bizmates's EV-to-EBIT distribution charts can be found below:

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



Bizmates 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 Jun. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was 円356 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.


Bizmates  (TSE:9345) EBIT Explanation

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

Bizmates's annualized ROC % for the quarter that ended in Jun. 2024 is calculated as:

ROC % (Q: Jun. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Mar. 2024 ) + Invested Capital (Q: Jun. 2024 ))/ count )
=279.064 * ( 1 - 36.24% )/( (715.894 + 741.669)/ 2 )
=177.9312064/728.7815
=24.41 %

where

Invested Capital(Q: Mar. 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))
=2137.033 - 314.859 - ( 1495.001 - max(0, 552.418 - 1658.698+1495.001))
=715.894

Invested Capital(Q: Jun. 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))
=2232.575 - 353.112 - ( 1581.443 - max(0, 608.744 - 1746.538+1581.443))
=741.669

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

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

Bizmates's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Jun. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Mar. 2024  Q: Jun. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=213.992/( ( (192.117 + max(-367.884, 0)) + (176.397 + max(-433.645, 0)) )/ 2 )
=213.992/( ( 192.117 + 176.397 )/ 2 )
=213.992/184.257
=116.14 %

where Working Capital is:

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(55.242 + 0 + 108.455) - (314.859 + 0 + 216.722)
=-367.884

Working Capital(Q: Jun. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(56.312 + 0 + 108.783) - (353.112 + 0 + 245.628)
=-433.645

When net working capital is negative, 0 is used.

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

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jun. 2024 )
=356.47/1676.060
=21.27 %

* 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.


Bizmates EBIT Related Terms

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Bizmates Business Description

Traded in Other Exchanges
N/A
Address
1-7-9 Kandasudacho, VORT Akihabara maximum 10th Floor, Chiyoda-ku, Tokyo, JPN, 101-0041
Bizmates Inc is a online business communication school focused on helping Japanese professionals with their business English needs.

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