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Boral (BOALF) EBIT : $233 Mil (TTM As of Dec. 2023)


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What is Boral EBIT?

Boral's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2023 was $135 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was $233 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Boral's annualized ROC % for the quarter that ended in Dec. 2023 was 3.94%. Boral's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 17.80%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Boral's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 5.59%.


Boral EBIT Historical Data

The historical data trend for Boral'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.

Boral EBIT Chart

Boral Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 277.22 -745.83 104.82 27.62 179.66

Boral Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 44.21 -15.81 82.19 97.92 134.87

Competitive Comparison of Boral's EBIT

For the Building Materials subindustry, Boral'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.


Boral's EV-to-EBIT Distribution in the Building Materials Industry

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

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



Boral 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 semi-annually data reported by the company within the most recent 12 months, which was $233 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.


Boral  (OTCPK:BOALF) EBIT Explanation

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

Boral'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: Jun. 2023 ) + Invested Capital (Q: Dec. 2023 ))/ count )
=102.946 * ( 1 - 30.13% )/( (1866.108 + 1786.278)/ 2 )
=71.9283702/1826.193
=3.94 %

where

Invested Capital(Q: Jun. 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))
=2643.423 - 333.624 - ( 443.691 - max(0, 466.107 - 1015.973+443.691))
=1866.108

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))
=2671.151 - 288.153 - ( 596.72 - max(0, 442.503 - 1100.602+596.72))
=1786.278

Note: The Operating Income data used here is two times the semi-annual (Dec. 2023) data.

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

Boral'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: Jun. 2023  Q: Dec. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=269.746/( ( (1421.812 + max(119.127, 0)) + (1412.45 + max(77.443, 0)) )/ 2 )
=269.746/( ( 1540.939 + 1489.893 )/ 2 )
=269.746/1515.416
=17.80 %

where Working Capital is:

Working Capital(Q: Jun. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(366.04 + 172.819 + 30.805) - (333.624 + 0.403 + 116.51)
=119.127

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(302.878 + 170.147 + 30.857) - (288.153 + 10.576 + 127.71)
=77.443

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Dec. 2023) EBIT data.

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2023 )
=232.792/4166.611
=5.59 %

* 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.


Boral EBIT Related Terms

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Boral (BOALF) Business Description

Traded in Other Exchanges
Address
39 Delhi Road, Level 3, Triniti 2, P.O. Box 6041, North Ryde, Sydney, NSW, AUS, 2113
Boral is a vertically integrated construction materials company with operations across aggregates, cement, concrete, and asphalt. Several divestments mean Boral is now an Australia-focused construction materials and property development company. Approximately two thirds of revenue is exposed to infrastructure and nonresidential construction projects such as roads, highways, subdivisions, bridges, and commercial buildings. The balance rests on residential construction activity across detached housing, apartments, and renovations. Boral is just over 70%-owned by Australian industrial services and energy conglomerate Seven Group Holdings Limited.