Aida Sekkei Co (TSE:2990) EBIT : 円718 Mil (TTM As of Sep. 2023)

View and export this data going back to 2021. Start your Free Trial

What is Aida Sekkei Co EBIT?

Aida Sekkei Co's earnings before interest and taxes (EBIT) for the six months ended in Sep. 2023 was 円1,553 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2023 was 円718 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Aida Sekkei Co's annualized ROC % for the quarter that ended in Sep. 2023 was 0.55%. Aida Sekkei Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2023 was 7.46%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Aida Sekkei Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2023 was 1.50%.

Aida Sekkei Co EBIT Historical Data

The historical data trend for Aida Sekkei 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.

Aida Sekkei Co EBIT Chart

Aida Sekkei Co Annual Data

Trend

Mar19

Mar20

Mar21

Mar22

Mar23

EBIT

1,225.59

1,681.97

2,082.43

2,007.00

-1,001.00

Aida Sekkei Co Semi-Annual Data
	Mar19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
EBIT	Get a 7-Day Free Trial				2,307.78	-300.78	-166.00	-835.00	1,553.00

Competitive Comparison of Aida Sekkei Co's EBIT

For the Residential Construction subindustry, Aida Sekkei 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.

Aida Sekkei Co's EV-to-EBIT Distribution in the Homebuilding & Construction Industry

For the Homebuilding & Construction industry and Consumer Cyclical sector, Aida Sekkei Co's EV-to-EBIT distribution charts can be found below:

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

Aida Sekkei 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 Sep. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was 円718 Mil.

Aida Sekkei Co (TSE:2990) EBIT Explanation

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

Aida Sekkei Co's annualized ROC % for the quarter that ended in Sep. 2023 is calculated as:

	ROC % (Q: Sep. 2023 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Mar. 2023 )	+	Invested Capital (Q: Sep. 2023 ))	/ count )
=	332 * ( 1 - 19.21% )	/	( (45122	+	52839)	/ 2 )
=	268.2228	/	48980.5
=	0.55 %

where

	Invested Capital		(Q: Mar. 2023 )
=	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	))
=	66955	-	6813	-	( 15020	-	max(0, 33584	-	52385	+	15020	))
=	45122

	Invested Capital		(Q: Sep. 2023 )
=	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	))
=	68951	-	7260	-	( 8852	-	max(0, 38027	-	55740	+	8852	))
=	52839

Note: The Operating Income data used here is two times the semi-annual (Sep. 2023) data.

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

Aida Sekkei Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2023 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Sep. 2023 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Mar. 2023		Q: Sep. 2023
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	3106	/	( ( (12619 + max(24819, 0))	+	(11143 + max(34710, 0)) )	/	2 )
=	3106	/	( ( 37438	+	45853 )	/	2 )
=	3106	/	41645.5
=	7.46 %

where Working Capital is:

	Working Capital		(Q: Mar. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(1190	+	33547	+	2096)	-	(6813	+	0	+	5201)
=	24819

	Working Capital		(Q: Sep. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(1048	+	44263	+	1577)	-	(7260	+	0	+	4918)
=	34710

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Sep. 2023) EBIT data.

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

Aida Sekkei Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Sep. 2023 )
	=	718	/	47827.465
	=	1.50 %

Aida Sekkei Co EBIT Related Terms

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

Aida Sekkei Co (TSE:2990) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Homebuilding & Construction » Aida Sekkei Co Ltd (TSE:2990) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

N/A

Address

2-286 Sakuragicho, Omiya-ku, Saitama Prefecture, Saitama, JPN, 330-0854

Website

https://www.aidagroup.co.jp

Aida Sekkei Co Ltd is engaged in the sales and construction of pre-build homes and custom build homes.

Aida Sekkei Co (TSE:2990) Headlines

No Headlines