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Asahi Yukizai (TSE:4216) EBIT : 円15,990 Mil (TTM As of Dec. 2023)


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What is Asahi Yukizai EBIT?

Asahi Yukizai's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2023 was 円4,164 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was 円15,990 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Asahi Yukizai's annualized ROC % for the quarter that ended in Dec. 2023 was 15.19%. Asahi Yukizai's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 31.96%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Asahi Yukizai's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 21.42%.


Asahi Yukizai EBIT Historical Data

The historical data trend for Asahi Yukizai'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.

Asahi Yukizai EBIT Chart

Asahi Yukizai 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 4,289.00 3,788.00 6,795.00 12,020.00 15,990.00

Asahi Yukizai 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 3,271.00 4,366.00 4,181.00 4,164.00 3,279.00

Competitive Comparison of Asahi Yukizai's EBIT

For the Building Products & Equipment subindustry, Asahi Yukizai'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.


Asahi Yukizai's EV-to-EBIT Distribution in the Construction Industry

For the Construction industry and Industrials sector, Asahi Yukizai's EV-to-EBIT distribution charts can be found below:

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



Asahi Yukizai 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15,990 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.


Asahi Yukizai  (TSE:4216) EBIT Explanation

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

Asahi Yukizai'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 )
=16656 * ( 1 - 34.11% )/( (70745 + 73754)/ 2 )
=10974.6384/72249.5
=15.19 %

where

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

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

Asahi Yukizai'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 )
=16656/( ( (22829 + max(28121, 0)) + (23555 + max(29717, 0)) )/ 2 )
=16656/( ( 50950 + 53272 )/ 2 )
=16656/52111
=31.96 %

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)
=(18260 + 22276 + 7656) - (10031 + 0 + 10040)
=28121

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(17725 + 22657 + 8402) - (8373 + 0 + 10694)
=29717

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:

Asahi Yukizai's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2023 )
=15990/74635.225
=21.42 %

* 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.


Asahi Yukizai EBIT Related Terms

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Asahi Yukizai (TSE:4216) Business Description

Traded in Other Exchanges
N/A
Address
20th Floor, World Trade Center Building, 4-1 Hamamatsu-Cho 2-Chome, Minato-Ku, Tokyo, JPN, 105-6120
Asahi Yukizai Corp engages in the manufacture and sale of industrial resins and piping materials. The firm offers synthetic resin piping material for valves, pipes, fittings, and other locations, as well as the Dymatrix high-performance synthetic resin piping material for LCD- and semiconductor-related systems; and foundry materials and functional resins for casting, molding materials, high functional materials, and others. It also engages in the development and supply of water and thermal resources, including well drilling and geothermal exploitation, and hot spring exploitation; design and construction of water utility facilities and reuse of wastewater; industrial water and wastewater treatment; and provision of public sewage facilities.

Asahi Yukizai (TSE:4216) Headlines

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