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Two stone & Sons (TSE:7352) EBIT : 円203 Mil (TTM As of Feb. 2024)


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What is Two stone & Sons EBIT?

Two stone & Sons's earnings before interest and taxes (EBIT) for the three months ended in Feb. 2024 was 円9 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Feb. 2024 was 円203 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Two stone & Sons's annualized ROC % for the quarter that ended in Feb. 2024 was -3.76%. Two stone & Sons's annualized ROC (Joel Greenblatt) % for the quarter that ended in Feb. 2024 was 7.86%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Two stone & Sons's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Feb. 2024 was 0.37%.


Two stone & Sons EBIT Historical Data

The historical data trend for Two stone & Sons'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.

Two stone & Sons EBIT Chart

Two stone & Sons Annual Data
Trend Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
EBIT
Get a 7-Day Free Trial 154.28 118.64 123.51 217.60 265.81

Two stone & Sons Quarterly Data
Aug18 Aug19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 84.94 148.77 -17.31 63.01 8.78

Competitive Comparison of Two stone & Sons's EBIT

For the Specialty Business Services subindustry, Two stone & Sons'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.


Two stone & Sons's EV-to-EBIT Distribution in the Business Services Industry

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

* The bar in red indicates where Two stone & Sons's EV-to-EBIT falls into.



Two stone & Sons 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 Feb. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was 円203 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.


Two stone & Sons  (TSE:7352) EBIT Explanation

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

Two stone & Sons's annualized ROC % for the quarter that ended in Feb. 2024 is calculated as:

ROC % (Q: Feb. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Nov. 2023 ) + Invested Capital (Q: Feb. 2024 ))/ count )
=31.66 * ( 1 - 353.28% )/( (1985.263 + 2282.102)/ 2 )
=-80.188448/2133.6825
=-3.76 %

where

Invested Capital(Q: Nov. 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))
=4227.627 - 1229.061 - ( 1301.531 - max(0, 2000.042 - 3013.345+1301.531))
=1985.263

Invested Capital(Q: Feb. 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))
=4697.226 - 1201.898 - ( 1490.614 - max(0, 2118.275 - 3331.501+1490.614))
=2282.102

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

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

Two stone & Sons's annualized ROC (Joel Greenblatt) % for the quarter that ended in Feb. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Feb. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Nov. 2023  Q: Feb. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=35.104/( ( (163.16 + max(263.424, 0)) + (168.189 + max(298.664, 0)) )/ 2 )
=35.104/( ( 426.584 + 466.853 )/ 2 )
=35.104/446.7185
=7.86 %

where Working Capital is:

Working Capital(Q: Nov. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1568.045 + 43.697 + 100.072) - (1229.061 + 0 + 219.329)
=263.424

Working Capital(Q: Feb. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1702.542 + 21.564 + 116.781) - (1201.898 + 0 + 340.325)
=298.664

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Feb. 2024) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

Two stone & Sons's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Feb. 2024 )
=203.234/54587.156
=0.37 %

* 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.


Two stone & Sons EBIT Related Terms

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Two stone & Sons (TSE:7352) Business Description

Traded in Other Exchanges
N/A
Address
2-22-3 Shibuya, Shibuya East Exit Building 6F, Shibuya-ku, Tokyo, JPN, 150-0002
Two Stone & Sons Inc is an engineering company providing engineering resources to companies, media businesses, and programming school businesses. The company develops services such as in-house media management and client solutions such as contract development.

Two stone & Sons (TSE:7352) Headlines

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