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Takasago Thermal Engineering Co (TSE:1969) EBIT : 円27,341 Mil (TTM As of Mar. 2024)


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What is Takasago Thermal Engineering Co EBIT?

Takasago Thermal Engineering Co's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was 円7,308 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was 円27,341 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Takasago Thermal Engineering Co's annualized ROC % for the quarter that ended in Mar. 2024 was 8.28%. Takasago Thermal Engineering Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 31.73%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Takasago Thermal Engineering Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 7.32%.


Takasago Thermal Engineering Co EBIT Historical Data

The historical data trend for Takasago Thermal Engineering Co'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.

Takasago Thermal Engineering Co EBIT Chart

Takasago Thermal Engineering Co Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 19,300.00 14,886.00 16,963.00 17,130.00 27,341.00

Takasago Thermal Engineering Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 7,144.00 3,180.00 5,997.00 10,856.00 7,308.00

Competitive Comparison of Takasago Thermal Engineering Co's EBIT

For the Building Products & Equipment subindustry, Takasago Thermal Engineering 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.


Takasago Thermal Engineering Co's EV-to-EBIT Distribution in the Construction Industry

For the Construction industry and Industrials sector, Takasago Thermal Engineering Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Takasago Thermal Engineering Co's EV-to-EBIT falls into.



Takasago Thermal Engineering Co 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was 円27,341 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.


Takasago Thermal Engineering Co  (TSE:1969) EBIT Explanation

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

Takasago Thermal Engineering Co's annualized ROC % for the quarter that ended in Mar. 2024 is calculated as:

ROC % (Q: Mar. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2023 ) + Invested Capital (Q: Mar. 2024 ))/ count )
=22732 * ( 1 - 20.88% )/( (217362 + 217131)/ 2 )
=17985.5584/217246.5
=8.28 %

where

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

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

Takasago Thermal Engineering Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2023  Q: Mar. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=29232/( ( (22968 + max(70327, 0)) + (23483 + max(67471, 0)) )/ 2 )
=29232/( ( 93295 + 90954 )/ 2 )
=29232/92124.5
=31.73 %

where Working Capital is:

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(169988 + 4359 + 20609) - (61466 + 0 + 63163)
=70327

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(178305 + 4057 + 12726) - (69677 + 0 + 57940)
=67471

When net working capital is negative, 0 is used.

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

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

Takasago Thermal Engineering Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=27341/373431.531
=7.32 %

* 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.


Takasago Thermal Engineering Co EBIT Related Terms

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Takasago Thermal Engineering Co (TSE:1969) Business Description

Traded in Other Exchanges
N/A
Address
6-27-30, Shinjuku, Shinjuku-ku, Tokyo, JPN, 160-0022
Takasago Thermal Engineering is a Japan-based company that designs, constructs, manufactures, and installs heating, ventilation, and air conditioning, or HVAC, systems, clean room and related systems, plumbing and sanitation systems, cogeneration systems, electrical systems, instrumentation systems, equipment diagnosis/failure diagnosis systems, dehumidifying/drying systems, vacuum conveying systems for waste, discharged-heat recovery systems, heating/cooling systems, refrigerating/freezing systems, other types of environmental control systems and thermal engineering systems, and so on. In addition, the company is engaged in coordinating construction work, security, and cleaning, with further focuses on energy supply, power generation, and water treatment.

Takasago Thermal Engineering Co (TSE:1969) Headlines

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