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Drecom Co (TSE:3793) EBIT : 円278 Mil (TTM As of Dec. 2023)


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What is Drecom Co EBIT?

Drecom Co's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2023 was 円285 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was 円278 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Drecom Co's annualized ROC % for the quarter that ended in Dec. 2023 was 15.62%. Drecom Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 121.44%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Drecom Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 1.39%.


Drecom Co EBIT Historical Data

The historical data trend for Drecom 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.

Drecom Co EBIT Chart

Drecom Co Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1,640.37 753.76 2,049.79 1,209.32 1,847.70

Drecom Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 152.85 127.54 -403.33 268.49 285.43

Competitive Comparison of Drecom Co's EBIT

For the Electronic Gaming & Multimedia subindustry, Drecom 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.


Drecom Co's EV-to-EBIT Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Drecom Co's EV-to-EBIT distribution charts can be found below:

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



Drecom 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 Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was 円278 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.


Drecom Co  (TSE:3793) EBIT Explanation

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

Drecom Co'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 )
=1268.48 * ( 1 - 2.97% )/( (7434.452 + 8325.904)/ 2 )
=1230.806144/7880.178
=15.62 %

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))
=11388.756 - 1124.109 - ( 3973.506 - max(0, 3725.244 - 6555.439+3973.506))
=7434.452

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))
=13487.827 - 1392.254 - ( 5485.429 - max(0, 4238.527 - 8008.196+5485.429))
=8325.904

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

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

Drecom Co'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 )
=1141.728/( ( (380.999 + max(636.02, 0)) + (372.799 + max(490.528, 0)) )/ 2 )
=1141.728/( ( 1017.019 + 863.327 )/ 2 )
=1141.728/940.173
=121.44 %

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)
=(2194.354 + 57.106 + 330.473) - (1124.109 + 0 + 821.804)
=636.02

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1742.618 + 59.856 + 720.293) - (1392.254 + 0 + 639.985)
=490.528

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2023 )
=278.132/20028.281
=1.39 %

* 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.


Drecom Co EBIT Related Terms

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Drecom Co (TSE:3793) Business Description

Traded in Other Exchanges
N/A
Address
ARCO Tower 17F, 8-1 1-chome, Meguro-ku, Tokyo, JPN, 153-0064
Drecom Co Ltd is engaged in the entertainment web and marketing solution businesses. The Entertainment Web segment plans and develops entertainment contents whereas Marketing Solution segment develops corporate marketing services through Internet.

Drecom Co (TSE:3793) Headlines

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