Tokyu Fudosan Holdings (TSE:3289) EBIT : 円115,004 Mil (TTM As of Dec. 2023)

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What is Tokyu Fudosan Holdings EBIT?

Tokyu Fudosan Holdings's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2023 was 円16,710 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was 円115,004 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Tokyu Fudosan Holdings's annualized ROC % for the quarter that ended in Dec. 2023 was 1.44%. Tokyu Fudosan Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 3.49%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Tokyu Fudosan Holdings's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 5.52%.

Tokyu Fudosan Holdings EBIT Historical Data

The historical data trend for Tokyu Fudosan Holdings'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.

Tokyu Fudosan Holdings EBIT Chart

Tokyu Fudosan Holdings Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

EBIT

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73,274.00

53,736.00

66,961.00

80,899.00

115,004.00

Tokyu Fudosan Holdings 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															21,310.00	35,612.00	23,793.00	16,710.00	38,889.00

Competitive Comparison of Tokyu Fudosan Holdings's EBIT

For the Real Estate - Diversified subindustry, Tokyu Fudosan Holdings'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.

Tokyu Fudosan Holdings's EV-to-EBIT Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Tokyu Fudosan Holdings's EV-to-EBIT distribution charts can be found below:

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

Tokyu Fudosan Holdings 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 Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was 円115,004 Mil.

Tokyu Fudosan Holdings (TSE:3289) EBIT Explanation

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

Tokyu Fudosan Holdings's annualized ROC % for the quarter that ended in Dec. 2023 is calculated as:

	ROC % (Q: Dec. 2023 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Sep. 2023 )	+	Invested Capital (Q: Dec. 2023 ))	/ count )
=	69236 * ( 1 - 46.21% )	/	( (2485571	+	2701865)	/ 2 )
=	37242.0444	/	2593718
=	1.44 %

where

	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	))
=	2986498	-	56331	-	( 444596	-	max(0, 536566	-	1403192	+	444596	))
=	2485571

	Invested Capital		(Q: Dec. 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	))
=	2976143	-	52111	-	( 222167	-	max(0, 511674	-	1304616	+	222167	))
=	2701865

Note: The Operating Income data used here is four times the quarterly (Dec. 2023) data.

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

Tokyu Fudosan Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Dec. 2023 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Sep. 2023		Q: Dec. 2023
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	66840	/	( ( (1098071 + max(720600, 0))	+	(1180765 + max(835356, 0)) )	/	2 )
=	66840	/	( ( 1818671	+	2016121 )	/	2 )
=	66840	/	1917396
=	3.49 %

where Working Capital is:

	Working Capital		(Q: Sep. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(38572	+	830047	+	89977)	-	(56331	+	0	+	181665)
=	720600

	Working Capital		(Q: Dec. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(44071	+	923160	+	115218)	-	(52111	+	0	+	194982)
=	835356

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Dec. 2023) EBIT data.

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

Tokyu Fudosan Holdings's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Dec. 2023 )
	=	115004	/	2084878.296
	=	5.52 %

Tokyu Fudosan Holdings EBIT Related Terms

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Tokyu Fudosan Holdings (TSE:3289) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Tokyu Fudosan Holdings Corp (TSE:3289) » Definitions » EBIT

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Traded in Other Exchanges

TTUUF:USA

Address

Shin-nanpeidai Tokyu Building, Dogenzaka 1-21-2, Shibuya-ku, Tokyo, JPN

Website

http://www.tokyu-fudosan-hd.co.jp

Tokyu Fudosan Holdings Corp engages in the management and administration of a host of businesses. The business that compose Tokyu Fudosan Holdings operate in the following business segments: urban development, residential, wellness, innovation, property management, real estate agency, and tokyu hands. Altogether, the group develops, leases, and operates office buildings, commercial facilities, rental residences, and other properties. Tokyu's host of businesses also engage in management and operation of resort facilities, sports clubs, and senior housing. Businesses like the innovation segment serve as a complement and include overseas operations, custom homes, renovation, and landscaping.

Tokyu Fudosan Holdings (TSE:3289) Headlines

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