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Optex Group Co (TSE:6914) EBIT : 円6,664 Mil (TTM As of Mar. 2024)


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What is Optex Group Co EBIT?

Optex Group Co's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was 円1,774 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was 円6,664 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Optex Group Co's annualized ROC % for the quarter that ended in Mar. 2024 was 11.54%. Optex Group Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 20.30%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Optex Group Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 12.23%.


Optex Group Co EBIT Historical Data

The historical data trend for Optex Group 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.

Optex Group Co EBIT Chart

Optex Group Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3,018.00 2,029.00 5,064.00 6,630.00 6,661.00

Optex Group 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 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 1,771.00 1,194.00 1,868.00 1,828.00 1,774.00

Competitive Comparison of Optex Group Co's EBIT

For the Electronic Components subindustry, Optex Group 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.


Optex Group Co's EV-to-EBIT Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Optex Group Co's EV-to-EBIT distribution charts can be found below:

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



Optex Group 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was 円6,664 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.


Optex Group Co  (TSE:6914) EBIT Explanation

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

Optex Group Co'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 )
=7020 * ( 1 - 26% )/( (43991 + 46062)/ 2 )
=5194.8/45026.5
=11.54 %

where

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

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

Optex Group Co'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 )
=7096/( ( (7807 + max(26014, 0)) + (7927 + max(28152, 0)) )/ 2 )
=7096/( ( 33821 + 36079 )/ 2 )
=7096/34950
=20.30 %

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)
=(12112 + 20854 + 2045) - (5512 + 0 + 3485)
=26014

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(14066 + 21324 + 2293) - (6224 + 0 + 3307)
=28152

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=6664/54482.290
=12.23 %

* 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.


Optex Group Co EBIT Related Terms

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Optex Group Co (TSE:6914) Business Description

Traded in Other Exchanges
N/A
Address
5-8-12, Ogoto Otsu, Shiga, JPN, 520-0101
Optex Group Co Ltd is a Japan sensors and related system manufacturing company. It offers its services in the field of security, factory automation, etc. It operates in four business segments namely, sensing segment, factory automation segment, machine vision lighting segment and contract manufacturing segment. Its products include CCTV lighting and other various sensor systems, automatic door sensor and shutter, lighting control, factory automation, industrial LED lighting, temperature measuring systems, water quality measuring systems, store management system, safety drive support system, building automation and Video Analytics Software. The company generates maximum revenue from sensing segment.

Optex Group Co (TSE:6914) Headlines

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