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Tosnet (TSE:4754) EBIT : 円872 Mil (TTM As of Mar. 2024)


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What is Tosnet EBIT?

Tosnet's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was 円95 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was 円872 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Tosnet's annualized ROC % for the quarter that ended in Mar. 2024 was 3.04%. Tosnet's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 17.20%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Tosnet's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 67.42%.


Tosnet EBIT Historical Data

The historical data trend for Tosnet'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.

Tosnet EBIT Chart

Tosnet Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,030.79 604.20 931.49 810.99 931.88

Tosnet 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 105.85 183.59 291.81 300.79 95.32

Competitive Comparison of Tosnet's EBIT

For the Security & Protection Services subindustry, Tosnet'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.


Tosnet's EV-to-EBIT Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Tosnet's EV-to-EBIT distribution charts can be found below:

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



Tosnet 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872 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.


Tosnet  (TSE:4754) EBIT Explanation

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

Tosnet'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 )
=296.488 * ( 1 - 46.11% )/( (5266.981 + 5258.135)/ 2 )
=159.7773832/5262.558
=3.04 %

where

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))
=10469.451 - 323.899 - ( 5375.737 - max(0, 2260.368 - 7138.939+5375.737))
=5266.981

Invested Capital(Q: Mar. 2024 )
=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))
=10527.232 - 432.565 - ( 5618.067 - max(0, 2289.502 - 7126.034+5618.067))
=5258.135

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

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

Tosnet'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 )
=381.26/( ( (2206.037 + max(-919.09, 0)) + (2227.345 + max(-1171.772, 0)) )/ 2 )
=381.26/( ( 2206.037 + 2227.345 )/ 2 )
=381.26/2216.691
=17.20 %

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)
=(349.331 + 70.863 + 271.648) - (323.899 + 0 + 1287.033)
=-919.09

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(303.862 + 65.195 + 113.221) - (432.565 + 0 + 1221.485)
=-1171.772

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=871.511/1292.646
=67.42 %

* 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.


Tosnet EBIT Related Terms

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Tosnet (TSE:4754) Business Description

Traded in Other Exchanges
N/A
Address
1-10-1 Miyagino, Miyagino-ku, Miyagi, Sendai, JPN, 983-0045
Tosnet Corp along with its subsidiaries provides security and related services. Its services include static guard service, crowd control service, traffic control service, retail security service. It offers access control in hotels and office buildings, crime disaster management, guarding, patrol, surveillance, traffic control and road safety services, among others. Its other services include Power Supply Car, Mailing Service, and Building Management.

Tosnet (TSE:4754) Headlines

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