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Morinaga (TSE:2201) EV-to-EBIT : 9.78 (As of May. 19, 2024)


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What is Morinaga EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Morinaga's Enterprise Value is 円204,724 Mil. Morinaga's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was 円20,935 Mil. Therefore, Morinaga's EV-to-EBIT for today is 9.78.

The historical rank and industry rank for Morinaga's EV-to-EBIT or its related term are showing as below:

TSE:2201' s EV-to-EBIT Range Over the Past 10 Years
Min: 3.79   Med: 12.86   Max: 25.79
Current: 9.78

During the past 13 years, the highest EV-to-EBIT of Morinaga was 25.79. The lowest was 3.79. And the median was 12.86.

TSE:2201's EV-to-EBIT is ranked better than
68.19% of 1484 companies
in the Consumer Packaged Goods industry
Industry Median: 13.98 vs TSE:2201: 9.78

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Morinaga's Enterprise Value for the quarter that ended in Dec. 2023 was 円211,866 Mil. Morinaga's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was 円20,935 Mil. Morinaga's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 9.88%.


Morinaga EV-to-EBIT Historical Data

The historical data trend for Morinaga's EV-to-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.

Morinaga EV-to-EBIT Chart

Morinaga Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
EV-to-EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 12.56 12.30 9.44 3.71 11.64

Morinaga Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
EV-to-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 4.69 11.64 13.11 12.13 10.12

Competitive Comparison of Morinaga's EV-to-EBIT

For the Confectioners subindustry, Morinaga'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.


Morinaga's EV-to-EBIT Distribution in the Consumer Packaged Goods Industry

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

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



Morinaga EV-to-EBIT Calculation

Morinaga's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=204723.989/20935
=9.78

Morinaga's current Enterprise Value is 円204,724 Mil.
Morinaga's 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20,935 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.


Morinaga  (TSE:2201) EV-to-EBIT Explanation

This is a more accurate valuation of companies' operation because it considers the debt and cash on its balance sheet, and non-operating items such as interest payment, tax, and one-time items are not included in the Operating Income.

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %.

Morinaga's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Dec. 2023 ) =EBIT / Enterprise Value (Q: Dec. 2023 )
=20935/211865.7084
=9.88 %

Morinaga's Enterprise Value for the quarter that ended in Dec. 2023 was 円211,866 Mil.
Morinaga's 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20,935 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.


Morinaga EV-to-EBIT Related Terms

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


Morinaga (TSE:2201) Business Description

Traded in Other Exchanges
N/A
Address
5-33-1 Shiba, Minato-ku, Tokyo, JPN, 108-8403
Morinaga & Co Ltd is a Japan-based confectionery company. It has developed a diverse range of confectionery products, canned soft drinks and ice cream that are delicious, fun, and healthy. The company's products are divided into five main divisions, Confectioneries, Foods, Frozen Desserts, Weider, and Healthcare. Confectionaries include Morinaga Biscuits, Chocoball chocolate, Dars chocolate, Koeda chocolate, and HI-CHEW candy. Foods include Morinaga Cocoa; Frozen Desserts include Choco Monaka Jumbo; Weider products include Weider in Jelly; and Healthcare products include Seisho-sabo, Kenpo-shukan, and Collagen drink.

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