Mitani Sekisan Co (TSE:5273) EBIT : 円13,354 Mil (TTM As of Dec. 2023)

View and export this data going back to 1963. Start your Free Trial

What is Mitani Sekisan Co EBIT?

Mitani Sekisan Co's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2023 was 円3,280 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was 円13,354 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Mitani Sekisan Co's annualized ROC % for the quarter that ended in Dec. 2023 was 14.50%. Mitani Sekisan Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 66.38%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Mitani Sekisan Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 25.21%.

Mitani Sekisan Co EBIT Historical Data

The historical data trend for Mitani Sekisan 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.

Mitani Sekisan Co EBIT Chart

Mitani Sekisan Co Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

EBIT

Get a 7-Day Free Trial

8,421.00

8,040.00

7,997.00

11,711.00

13,354.00

Mitani Sekisan Co 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															4,855.00	2,947.00	2,721.00	3,280.00	4,406.00

Competitive Comparison of Mitani Sekisan Co's EBIT

For the Building Products & Equipment subindustry, Mitani Sekisan 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.

Mitani Sekisan Co's EV-to-EBIT Distribution in the Construction Industry

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

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

Mitani Sekisan 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13,354 Mil.

Mitani Sekisan Co (TSE:5273) EBIT Explanation

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

Mitani Sekisan 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 )
=	13120 * ( 1 - 29.88% )	/	( (57898	+	69004)	/ 2 )
=	9199.744	/	63451
=	14.50 %

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	))
=	108140	-	10286	-	( 39956	-	max(0, 25103	-	68292	+	39956	))
=	57898

	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	))
=	117616	-	9602	-	( 39010	-	max(0, 24438	-	68893	+	39010	))
=	69004

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

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

Mitani Sekisan 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 )
=	13120	/	( ( (15094 + max(3299, 0))	+	(15625 + max(5511, 0)) )	/	2 )
=	13120	/	( ( 18393	+	21136 )	/	2 )
=	13120	/	19764.5
=	66.38 %

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)
=	(20170	+	4631	+	3535)	-	(10286	+	0	+	14751)
=	3299

	Working Capital		(Q: Dec. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(19861	+	4966	+	5056)	-	(9602	+	0	+	14770)
=	5511

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:

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

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Dec. 2023 )
	=	13354	/	52966.629
	=	25.21 %

Mitani Sekisan Co EBIT Related Terms

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

Mitani Sekisan Co (TSE:5273) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Mitani Sekisan Co Ltd (TSE:5273) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

N/A

Address

1-3-1 Toyoshima, Mitani Building, Fukui-shi,, Fukui, JPN, 910-8571

Website

http://www.m-sekisan.co.jp

Mitani Sekisan Co., Ltd. is a Japanese company. It is engaged in the production and sales of concrete secondary products, manufacture, and sale of gravel products, foundation work, and rental for revetment. The company focuses on manufacturing gravel and stones which are used for civil engineering construction, railway tracking and pavement roadbed materials, raw concrete and various concrete secondary products, aggregates of asphalt composite material and construction materials. It also produces concrete piles and poles and environmental products. The Information-Related Business deals with computer peripheral sales and consigned software production.

Mitani Sekisan Co (TSE:5273) Headlines

No Headlines