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Yodogawa Steel Works (TSE:5451) EBIT : 円8,191 Mil (TTM As of Dec. 2023)


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What is Yodogawa Steel Works EBIT?

Yodogawa Steel Works's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2023 was 円4,289 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was 円8,191 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Yodogawa Steel Works's annualized ROC % for the quarter that ended in Dec. 2023 was 5.15%. Yodogawa Steel Works's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 13.12%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Yodogawa Steel Works's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 8.27%.


Yodogawa Steel Works EBIT Historical Data

The historical data trend for Yodogawa Steel Works'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.

Yodogawa Steel Works EBIT Chart

Yodogawa Steel Works 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 5,588.00 9,746.00 17,159.00 16,985.00 8,191.00

Yodogawa Steel Works 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 3,115.00 3,349.00 4,861.00 4,289.00 -4,308.00

Competitive Comparison of Yodogawa Steel Works's EBIT

For the Steel subindustry, Yodogawa Steel Works'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.


Yodogawa Steel Works's EV-to-EBIT Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Yodogawa Steel Works's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Yodogawa Steel Works's EV-to-EBIT falls into.



Yodogawa Steel Works 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8,191 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.


Yodogawa Steel Works  (TSE:5451) EBIT Explanation

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

Yodogawa Steel Works'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 )
=13868 * ( 1 - 28.44% )/( (190983 + 194667)/ 2 )
=9923.9408/192825
=5.15 %

where

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

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

Yodogawa Steel Works'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 )
=17156/( ( (56835 + max(72747, 0)) + (56403 + max(75549, 0)) )/ 2 )
=17156/( ( 129582 + 131952 )/ 2 )
=17156/130767
=13.12 %

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)
=(49310 + 48147 + 6947) - (18508 + 0 + 13149)
=72747

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(53166 + 44298 + 7323) - (16410 + 0 + 12828)
=75549

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:

Yodogawa Steel Works's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2023 )
=8191/99068.439
=8.27 %

* 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.


Yodogawa Steel Works EBIT Related Terms

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Yodogawa Steel Works (TSE:5451) Business Description

Traded in Other Exchanges
N/A
Address
4-1-1 Minami-Honmachi, Chuo-ku, Osaka, JPN, 541-0054
Yodogawa Steel Works Ltd is a Japan-based company primarily engaged in manufacturing of steel products. The company generates most of its revenue from its steel sheet segment, which is primarily engaged in the manufacturing and sale of cold-rolled steel, polished hoop steel, hot-dip galvanizing steel sheets, painted hot-dip galvanizing steel sheet, various steel sheets, other construction materials, and exterior products, as well as designing and engineering of construction work. Japan and Taiwan are the company's top two markets, jointly accounting for the majority of the company's sales.

Yodogawa Steel Works (TSE:5451) Headlines

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