Meiji Holdings Co (TSE:2269) EV-to-EBIT : 10.52 (As of Jun. 03, 2024)

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What is Meiji Holdings Co EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Meiji Holdings Co's Enterprise Value is 円924,685 Mil. Meiji Holdings Co's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was 円87,874 Mil. Therefore, Meiji Holdings Co's EV-to-EBIT for today is 10.52.

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

TSE:2269' s EV-to-EBIT Range Over the Past 10 Years
Min: 3.87 Med: 14.13 Max: 27.85
Current: 10.52

During the past 13 years, the highest EV-to-EBIT of Meiji Holdings Co was 27.85. The lowest was 3.87. And the median was 14.13.

TSE:2269's EV-to-EBIT is ranked better than
63.78% of 1488 companies
in the Consumer Packaged Goods industry
Industry Median: 13.795 vs TSE:2269: 10.52

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Meiji Holdings Co's Enterprise Value for the quarter that ended in Mar. 2024 was 円930,777 Mil. Meiji Holdings Co's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was 円87,874 Mil. Meiji Holdings Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 9.44%.

Meiji Holdings Co EV-to-EBIT Historical Data

The historical data trend for Meiji Holdings Co'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.

Meiji Holdings Co EV-to-EBIT Chart

Meiji Holdings Co Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

EV-to-EBIT

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12.37

10.91

7.63

9.59

10.59

Meiji Holdings Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
EV-to-EBIT	Get a 7-Day Free Trial															9.59	9.90	11.15	9.58	10.59

Competitive Comparison of Meiji Holdings Co's EV-to-EBIT

For the Packaged Foods subindustry, Meiji Holdings 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.

Meiji Holdings Co's EV-to-EBIT Distribution in the Consumer Packaged Goods Industry

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

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

Meiji Holdings Co EV-to-EBIT Calculation

Meiji Holdings Co's EV-to-EBIT for today is calculated as:

EV-to-EBIT	=	Enterprise Value (Today)	/	EBIT (TTM)
	=	924685.075	/	87874
	=	10.52

Meiji Holdings Co's current Enterprise Value is 円924,685 Mil.
Meiji Holdings Co's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was 円87,874 Mil.

Meiji Holdings Co (TSE:2269) 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) %.

Meiji Holdings Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Mar. 2024 )	=	EBIT	/	Enterprise Value (Q: Mar. 2024 )
	=	87874	/	930777.446
	=	9.44 %

Meiji Holdings Co's Enterprise Value for the quarter that ended in Mar. 2024 was 円930,777 Mil.
Meiji Holdings Co's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was 円87,874 Mil.

Meiji Holdings Co EV-to-EBIT Related Terms

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Meiji Holdings Co (TSE:2269) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Meiji Holdings Co Ltd (TSE:2269) » Definitions » EV-to-EBIT

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Traded in Other Exchanges

MEJHY:USA

Address

4-16, Kyobashi 2-chome, Chuo-ku, Tokyo, JPN, 104-0031

Website

http://www.meiji.com

Meiji Holdings was established in April 2009 as a merged entity of Meiji Dairies, Japan's largest dairy company, and Meiji Seika, the country's number-two confectionery maker. The amalgamation was propelled by a surge in commodity prices, Japan's aging and shrinking population, and fierce competition. The food business, comprising dairy and confectionery operations, represents more than 80% of the group's sales and profits. The rest mainly comes from the pharmaceutical business, specializing in antibacterial and generic drugs, as well as vaccines. Meiji is looking to step up overseas expansion of the food business, particularly in China, which will serve as a key growth driver over the medium term.

Meiji Holdings Co (TSE:2269) Headlines

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