GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » Progrit Inc (TSE:9560) » Definitions » EBIT

Progrit (TSE:9560) EBIT : 円819 Mil (TTM As of Aug. 2024)


View and export this data going back to 2022. Start your Free Trial

What is Progrit EBIT?

Progrit's earnings before interest and taxes (EBIT) for the three months ended in Aug. 2024 was 円82 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Aug. 2024 was 円819 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Progrit's annualized ROC % for the quarter that ended in Aug. 2024 was 14.73%. Progrit's annualized ROC (Joel Greenblatt) % for the quarter that ended in Aug. 2024 was 80.19%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Progrit's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Aug. 2024 was 7.16%.


Progrit EBIT Historical Data

The historical data trend for Progrit'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.

Progrit EBIT Chart

Progrit Annual Data
Trend Aug20 Aug21 Aug22 Aug23 Aug24
EBIT
107.88 -108.29 324.34 495.23 818.73

Progrit Quarterly Data
Aug20 Aug21 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 59.77 321.73 209.66 205.41 81.94

Competitive Comparison of Progrit's EBIT

For the Education & Training Services subindustry, Progrit'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.


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

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

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



Progrit 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 Aug. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was 円819 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.


Progrit  (TSE:9560) EBIT Explanation

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

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

ROC % (Q: Aug. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: May. 2024 ) + Invested Capital (Q: Aug. 2024 ))/ count )
=318.48 * ( 1 - 11.12% )/( (1791.385 + 2052.45)/ 2 )
=283.065024/1921.9175
=14.73 %

where

Invested Capital(Q: May. 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))
=3412.637 - 341.36 - ( 2660.365 - max(0, 1585.254 - 2865.146+2660.365))
=1791.385

Invested Capital(Q: Aug. 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))
=3886.418 - 530.742 - ( 3041.922 - max(0, 1990.151 - 3293.377+3041.922))
=2052.45

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

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

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

ROC (Joel Greenblatt) %(Q: Aug. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: May. 2024  Q: Aug. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=327.74/( ( (412.296 + max(-1317.813, 0)) + (405.146 + max(-1680.031, 0)) )/ 2 )
=327.74/( ( 412.296 + 405.146 )/ 2 )
=327.74/408.721
=80.19 %

where Working Capital is:

Working Capital(Q: May. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(66.816 + 16.206 + 121.759) - (341.36 + 0 + 1181.234)
=-1317.813

Working Capital(Q: Aug. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(99.239 + 20.724 + 131.492) - (530.742 + 0 + 1400.744)
=-1680.031

When net working capital is negative, 0 is used.

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

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Aug. 2024 )
=818.729/11426.876
=7.16 %

* 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.


Progrit EBIT Related Terms

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


Progrit Business Description

Traded in Other Exchanges
N/A
Address
2-10-1 Yurakucho, Kotsu Kaikan Building 5th Floor, Chiyoda-ku, Tokyo, JPN, 100-0006
Progrit Inc is engaged in the english coaching services and subscription-based English education services.

Progrit Headlines

No Headlines