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Itochu Enex Co (TSE:8133) EBIT : 円25,378 Mil (TTM As of Mar. 2024)


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What is Itochu Enex Co EBIT?

Itochu Enex Co's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was 円2,023 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was 円25,378 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Itochu Enex Co's annualized ROC % for the quarter that ended in Mar. 2024 was 3.18%. Itochu Enex Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 6.25%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Itochu Enex Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 15.46%.


Itochu Enex Co EBIT Historical Data

The historical data trend for Itochu Enex 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.

Itochu Enex Co EBIT Chart

Itochu Enex Co 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 21,104.00 21,109.00 23,235.00 23,933.00 25,378.00

Itochu Enex 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 5,260.00 8,713.00 7,081.00 7,561.00 2,023.00

Competitive Comparison of Itochu Enex Co's EBIT

For the Oil & Gas Refining & Marketing subindustry, Itochu Enex 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.


Itochu Enex Co's EV-to-EBIT Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Itochu Enex Co's EV-to-EBIT distribution charts can be found below:

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



Itochu Enex 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25,378 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.


Itochu Enex Co  (TSE:8133) EBIT Explanation

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

Itochu Enex 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 )
=10468 * ( 1 - 20% )/( (257420 + 270091)/ 2 )
=8374.4/263755.5
=3.18 %

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:

Itochu Enex 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 )
=8092/( ( (128573 + max(-482, 0)) + (130475 + max(-11610, 0)) )/ 2 )
=8092/( ( 128573 + 130475 )/ 2 )
=8092/129524
=6.25 %

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)
=(120372 + 31520 + 2895) - (131777 + 0 + 23492)
=-482

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(118360 + 28508 + 3729) - (130552 + 0 + 31655)
=-11610

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=25378/164152.870
=15.46 %

* 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.


Itochu Enex Co EBIT Related Terms

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Itochu Enex Co (TSE:8133) Business Description

Traded in Other Exchanges
Address
3-2-5, Kasumigaseki, Chiyoda-ku, Tokyo, JPN, 100-6028
Itochu Enex Co Ltd is a Japan-based energy provider that operates through a host of businesses. The company's operations are divided into the following segments: home-life, power and utility, car-life, and energy trade. Through these businesses, Itochu supplies its customer base in Japan with LP gas and town gas for homes and businesses. The company also sells a range of automotive fuels through its car-life stations. Alongside the car-life stations, under the car-life Division, Itochu Enex houses a car dealer and credit card business. Through separate divisions, the company operates electric-power-related and heat-supply businesses, along with selling a variety of petroleum products for industrial and marine use.

Itochu Enex Co (TSE:8133) Headlines

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