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GMM Grammy PCL (BKK:GRAMMY) EBIT : ฿388 Mil (TTM As of Mar. 2024)


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What is GMM Grammy PCL EBIT?

GMM Grammy PCL's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was ฿314 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was ฿388 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. GMM Grammy PCL's annualized ROC % for the quarter that ended in Mar. 2024 was 14.80%. GMM Grammy PCL's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 146.65%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. GMM Grammy PCL's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 6.78%.


GMM Grammy PCL EBIT Historical Data

The historical data trend for GMM Grammy PCL'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.

GMM Grammy PCL EBIT Chart

GMM Grammy PCL Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 485.51 -95.95 579.99 273.58 84.74

GMM Grammy PCL 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 10.67 74.56 96.99 -97.47 313.73

Competitive Comparison of GMM Grammy PCL's EBIT

For the Entertainment subindustry, GMM Grammy PCL'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.


GMM Grammy PCL's EV-to-EBIT Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, GMM Grammy PCL's EV-to-EBIT distribution charts can be found below:

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



GMM Grammy PCL 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 ฿388 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.


GMM Grammy PCL  (BKK:GRAMMY) EBIT Explanation

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

GMM Grammy PCL'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 )
=926.924 * ( 1 - 19.29% )/( (4881.57 + 5226.828)/ 2 )
=748.1203604/5054.199
=14.80 %

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))
=6264.293 - 1811.885 - ( 938.991 - max(0, 2968.744 - 2539.582+938.991))
=4881.57

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))
=6453.332 - 1588.06 - ( 1046.13 - max(0, 3018.094 - 2656.538+1046.13))
=5226.828

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

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

GMM Grammy PCL'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 )
=1254.912/( ( (849.85 + max(-1206.547, 0)) + (861.57 + max(-1096.952, 0)) )/ 2 )
=1254.912/( ( 849.85 + 861.57 )/ 2 )
=1254.912/855.71
=146.65 %

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)
=(584.986 + 223.502 + 83.672) - (1811.885 + 263.643 + 23.179)
=-1206.547

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(565.308 + 288.336 + 183.752) - (1588.06 + 478.002 + 68.286)
=-1096.952

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:

GMM Grammy PCL's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=387.804/5717.677
=6.78 %

* 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.


GMM Grammy PCL EBIT Related Terms

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GMM Grammy PCL (BKK:GRAMMY) Business Description

Traded in Other Exchanges
N/A
Address
50 Sukhumvit 21 Road (Asoke), GMM Grammy Place Tower, Klongtoey Nua, Wattana, Bangkok, THA, 10110
GMM Grammy PCL is engaged in various entertainment businesses, including the music business, satellite television business, Digital TV business, movies business, home shopping business, and co-investment in other businesses. The company has three principal reportable segments i.e. 1) Music segment comprising music business and showbiz 2) Media segment comprising digital TV business GMM25 3) Others segment comprising merchandise and other services business.

GMM Grammy PCL (BKK:GRAMMY) Headlines

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