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Mitsui High-tec (TSE:6966) EBIT : 円21,964 Mil (TTM As of Jan. 2024)


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What is Mitsui High-tec EBIT?

Mitsui High-tec's earnings before interest and taxes (EBIT) for the three months ended in Jan. 2024 was 円5,030 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jan. 2024 was 円21,964 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Mitsui High-tec's annualized ROC % for the quarter that ended in Jan. 2024 was 12.17%. Mitsui High-tec's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jan. 2024 was 18.23%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Mitsui High-tec's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jan. 2024 was 7.75%.


Mitsui High-tec EBIT Historical Data

The historical data trend for Mitsui High-tec'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.

Mitsui High-tec EBIT Chart

Mitsui High-tec Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 82.00 3,602.00 15,551.00 22,385.00 21,964.00

Mitsui High-tec Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 28.00 4,630.00 6,243.00 6,061.00 5,030.00

Competitive Comparison of Mitsui High-tec's EBIT

For the Semiconductors subindustry, Mitsui High-tec'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.


Mitsui High-tec's EV-to-EBIT Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Mitsui High-tec's EV-to-EBIT distribution charts can be found below:

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



Mitsui High-tec 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 Jan. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was 円21,964 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.


Mitsui High-tec  (TSE:6966) EBIT Explanation

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

Mitsui High-tec's annualized ROC % for the quarter that ended in Jan. 2024 is calculated as:

ROC % (Q: Jan. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Oct. 2023 ) + Invested Capital (Q: Jan. 2024 ))/ count )
=20172 * ( 1 - 23.86% )/( (119999 + 132465)/ 2 )
=15358.9608/126232
=12.17 %

where

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

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

Mitsui High-tec's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jan. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Jan. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Oct. 2023  Q: Jan. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=20120/( ( (86005 + max(16783, 0)) + (98290 + max(19715, 0)) )/ 2 )
=20120/( ( 102788 + 118005 )/ 2 )
=20120/110396.5
=18.23 %

where Working Capital is:

Working Capital(Q: Oct. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(30066 + 14586 + 8269) - (23991 + 0 + 12147)
=16783

Working Capital(Q: Jan. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(29452 + 14256 + 9133) - (23983 + 0 + 9143)
=19715

When net working capital is negative, 0 is used.

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

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

Mitsui High-tec's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jan. 2024 )
=21964/283432.020
=7.75 %

* 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.


Mitsui High-tec EBIT Related Terms

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Mitsui High-tec (TSE:6966) Business Description

Traded in Other Exchanges
Address
2-10-1,Komine, Yahatanishi-ku, Kitakyushu, JPN, 807-8588
Mitsui High-tec Inc manufactures and sells lead frame, motor core, precision tooling and machine tools in Japan. Its precision tooling/precision parts products include motor core dies, lead frame dies, mold dies, trim and form dies, and other type of stamping tools used in motor cores and IC lead frames, electric motor cores, automobile components, coins, and resin injection molding. It also provides open lead frames for semiconductor packages; and motor parts.

Mitsui High-tec (TSE:6966) Headlines

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