GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » MISUMI Group Inc (TSE:9962) » Definitions » EBIT

MISUMI Group (TSE:9962) EBIT : 円39,366 Mil (TTM As of Mar. 2024)


View and export this data going back to 1994. Start your Free Trial

What is MISUMI Group EBIT?

MISUMI Group's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was 円8,250 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was 円39,366 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. MISUMI Group's annualized ROC % for the quarter that ended in Mar. 2024 was 11.61%. MISUMI Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 19.77%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. MISUMI Group's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 6.33%.


MISUMI Group EBIT Historical Data

The historical data trend for MISUMI Group'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.

MISUMI Group EBIT Chart

MISUMI Group 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 22,859.00 23,563.00 51,230.00 46,693.00 39,366.00

MISUMI Group 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 7,498.00 9,877.00 10,111.00 11,128.00 8,250.00

Competitive Comparison of MISUMI Group's EBIT

For the Tools & Accessories subindustry, MISUMI Group'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.


MISUMI Group's EV-to-EBIT Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, MISUMI Group's EV-to-EBIT distribution charts can be found below:

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



MISUMI Group 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39,366 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.


MISUMI Group  (TSE:9962) EBIT Explanation

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

MISUMI Group'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 )
=37848 * ( 1 - 30.37% )/( (225671 + 228311)/ 2 )
=26353.5624/226991
=11.61 %

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:

MISUMI Group'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 )
=33000/( ( (49183 + max(117157, 0)) + (51042 + max(116388, 0)) )/ 2 )
=33000/( ( 166340 + 167430 )/ 2 )
=33000/166885
=19.77 %

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)
=(71816 + 77493 + 10574) - (30157 + 0 + 12569)
=117157

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(75869 + 78377 + 10287) - (36358 + 0 + 11787)
=116388

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=39366/621887.266
=6.33 %

* 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.


MISUMI Group EBIT Related Terms

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


MISUMI Group (TSE:9962) Business Description

Traded in Other Exchanges
Address
Koraku 2-chome, Bunkyo-ku, Iidabashi First Buiding, 5-1, TOKYO, Japan, JPN, 112-8583
MISUMI Group Inc is a Japanese manufacturer of components and parts used in automation processes. The group's three main businesses offer standardised components for automated equipment used in factory automation, die and mold parts used in the production of automobiles and electronic devices, and third-party branded products. The products include shafts, set collars, springs, gears, actuators, optical measurement devices, connectors, switches, cables, transformers, bores, wires, calipers, diamond cutting tools, punches, button dies, retainers, ejector pins, and taper pins.

MISUMI Group (TSE:9962) Headlines

No Headlines