Multistack International (ASX:MSI) EBIT : A$-1.05 Mil (TTM As of Dec. 2023)

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What is Multistack International EBIT?

Multistack International's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2023 was A$-0.64 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was A$-1.05 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Multistack International's annualized ROC % for the quarter that ended in Dec. 2023 was -26.56%. Multistack International's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -1,972.09%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Multistack International's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -26.63%.

Multistack International EBIT Historical Data

The historical data trend for Multistack International'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.

Multistack International EBIT Chart

Multistack International Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

EBIT

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-0.88

-1.30

-1.07

-0.95

-1.05

Multistack International 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															-0.59	-0.44	-0.50	-0.42	-0.64

Competitive Comparison of Multistack International's EBIT

For the Specialty Industrial Machinery subindustry, Multistack International'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.

Multistack International's EV-to-EBIT Distribution in the Industrial Products Industry

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

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

Multistack International 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 A$-1.05 Mil.

Multistack International (ASX:MSI) EBIT Explanation

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

Multistack International'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 )
=	-1.272 * ( 1 - 0% )	/	( (3.519	+	6.06)	/ 2 )
=	-1.272	/	4.7895
=	-26.56 %

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	))
=	3.888	-	1.999	-	( 1.019	-	max(0, 2.954	-	1.324	+	1.019	))
=	3.519

	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	))
=	3.295	-	1.927	-	( 0.647	-	max(0, 5.466	-	0.774	+	0.647	))
=	6.06

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:

Multistack International'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 )
=	-1.272	/	( ( (0.086 + max(-2.557, 0))	+	(0.043 + max(-1.965, 0)) )	/	2 )
=	-1.272	/	( ( 0.086	+	0.043 )	/	2 )
=	-1.272	/	0.0645
=	-1,972.09 %

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)
=	(0.017	+	0.271	+	0.017)	-	(1.999	+	0	+	0.863)
=	-2.557

	Working Capital		(Q: Dec. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0.047	+	0.062	+	0.018)	-	(1.927	+	0	+	0.165)
=	-1.965

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:

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

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Dec. 2023 )
	=	-1.053	/	3.954
	=	-26.63 %

Multistack International EBIT Related Terms

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Multistack International (ASX:MSI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Multistack International Ltd (ASX:MSI) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

N/A

Address

17 Friars Road, Moorabbin, Melbourne, VIC, AUS, 3189

Website

https://www.multistack.com.au

Multistack International Ltd engages in the marketing and distribution of industrial air conditioning equipment through its wholly-owned subsidiary, DunnAir International Ltd. The company has two segments namely Heating, ventilation, air conditioning, and Passive investment operations. It generates maximum revenue from the Heating, ventilation, and air conditioning segment. The company distributes its products in New Zealand, the Philippines, South Korea, and the middle east region. Its products include Water-Cooled, Air-Cooled, MagLev Water-Cooled, MagLev Air-Cooled, Heat Pump/Dedicated Heat Recovery Chillers, Centrifugal Modules, and Air-Cooled Split.