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Strike Company (TSE:6196) EBIT : 円6,882 Mil (TTM As of Mar. 2024)


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What is Strike Company EBIT?

Strike Company's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was 円2,360 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was 円6,882 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Strike Company's annualized ROC % for the quarter that ended in Mar. 2024 was 157.22%. Strike Company's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 834.51%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Strike Company's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 10.68%.


Strike Company EBIT Historical Data

The historical data trend for Strike Company'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.

Strike Company EBIT Chart

Strike Company Annual Data
Trend Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Sep22
EBIT
Get a 7-Day Free Trial 1,150.59 1,352.98 1,886.98 2,981.42 4,224.40

Strike Company Quarterly Data
Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 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 1,467.07 921.28 2,254.99 1,345.86 2,360.19

Competitive Comparison of Strike Company's EBIT

For the Capital Markets subindustry, Strike Company'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.


Strike Company's EV-to-EBIT Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Strike Company's EV-to-EBIT distribution charts can be found below:

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



Strike Company 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6,882 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.


Strike Company  (TSE:6196) EBIT Explanation

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

Strike Company'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 )
=9440.74 * ( 1 - 31.94% )/( (4374.791 + 3799.143)/ 2 )
=6425.367644/4086.967
=157.22 %

where

Invested Capital(Q: Dec. 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))
=16573.192 - 653.642 - ( 12996.234 - max(0, 1890.919 - 13435.678+12996.234))
=4374.791

Invested Capital(Q: Mar. 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))
=20079.375 - 3106.373 - ( 16420.322 - max(0, 3850.468 - 17024.327+16420.322))
=3799.143

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

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

Strike Company'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 )
=9440.74/( ( (1148.818 + max(-1451.475, 0)) + (1113.762 + max(-3246.463, 0)) )/ 2 )
=9440.74/( ( 1148.818 + 1113.762 )/ 2 )
=9440.74/1131.29
=834.51 %

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)
=(245.234 + 0 + 194.21) - (653.642 + 0 + 1237.277)
=-1451.475

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(443.417 + 0 + 160.588) - (3106.373 + 0 + 744.095)
=-3246.463

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:

Strike Company's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=6882.315/64423.592
=10.68 %

* 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.


Strike Company EBIT Related Terms

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Strike Company (TSE:6196) Business Description

Traded in Other Exchanges
N/A
Address
Rokubancho SK Building 5F, 3 Rokubancho, Chiyoda-ku, Tokyo, JPN, 102-0085
Strike Company Ltd is a Japan-based company mainly engaged in mergers and acquisitions (M&A) brokerage business. It primarily offers M&A intermediary advice, M&A mediation management, corporate value evaluation, corporate value improvement and financial consulting, due diligence work, corporate restoration support, corporate evaluation services and consulting services and various other related services.

Strike Company (TSE:6196) Headlines

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