GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Taiheiyo Cement Corp (TSE:5233) » Definitions » EBIT

Taiheiyo Cement (TSE:5233) EBIT : 円61,623 Mil (TTM As of Dec. 2023)


View and export this data going back to 1949. Start your Free Trial

What is Taiheiyo Cement EBIT?

Taiheiyo Cement's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2023 was 円23,986 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was 円61,623 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Taiheiyo Cement's annualized ROC % for the quarter that ended in Dec. 2023 was 5.42%. Taiheiyo Cement's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 12.11%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Taiheiyo Cement's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 8.03%.


Taiheiyo Cement EBIT Historical Data

The historical data trend for Taiheiyo Cement'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.

Taiheiyo Cement EBIT Chart

Taiheiyo Cement 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 55,653.00 68,603.00 45,015.00 -13,620.00 61,623.00

Taiheiyo Cement 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 -16,635.00 3,149.00 18,314.00 23,986.00 16,174.00

Competitive Comparison of Taiheiyo Cement's EBIT

For the Building Materials subindustry, Taiheiyo Cement'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.


Taiheiyo Cement's EV-to-EBIT Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Taiheiyo Cement's EV-to-EBIT distribution charts can be found below:

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



Taiheiyo Cement 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61,623 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.


Taiheiyo Cement  (TSE:5233) EBIT Explanation

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

Taiheiyo Cement'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 )
=96440 * ( 1 - 33.85% )/( (1167110 + 1186124)/ 2 )
=63795.06/1176617
=5.42 %

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:

Taiheiyo Cement'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 )
=95944/( ( (649223 + max(138887, 0)) + (657756 + max(138866, 0)) )/ 2 )
=95944/( ( 788110 + 796622 )/ 2 )
=95944/792366
=12.11 %

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)
=(178788 + 129822 + 63691) - (104901 + 0 + 128513)
=138887

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(183735 + 128869 + 68395) - (112982 + 0 + 129151)
=138866

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2023 )
=61623/767780.006
=8.03 %

* 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.


Taiheiyo Cement EBIT Related Terms

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


Taiheiyo Cement (TSE:5233) Business Description

Traded in Other Exchanges
Address
Daiba Garden City Building, 2-3-5, Daiba, Minato-ku, Tokyo, JPN, 104-8518
Taiheiyo Cement Corp manufactures and sells construction materials to the building, construction, and infrastructure industries. The company also generates biomass power. The firm organizes itself in six segments based on function and location: Cement, Mineral Resources, Environmental, Construction Materials, Ceramics, and Electronics. The Cement segment, which generates the majority of revenue, sells cement, ready-mix concrete. The Mineral Resources segment extracts and sells limestone and construction materials. The Environmental segment turns waste into power and cement and sells desulfurization products to coal power plants. The majority of revenue is generated in Asia and the United States.

Taiheiyo Cement (TSE:5233) Headlines

No Headlines