Globe Multi Ventures (BOM:540266) EBIT : ₹28 Mil (TTM As of Dec. 2023)

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What is Globe Multi Ventures EBIT?

Globe Multi Ventures's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2023 was ₹10 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was ₹28 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Globe Multi Ventures's annualized ROC % for the quarter that ended in Dec. 2023 was 21.94%. Globe Multi Ventures's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 88.10%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Globe Multi Ventures's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 18.40%.

Globe Multi Ventures EBIT Historical Data

The historical data trend for Globe Multi Ventures'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.

Globe Multi Ventures EBIT Chart

Globe Multi Ventures Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

EBIT

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0.65

-0.16

-0.13

13.91

32.57

Globe Multi Ventures Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
EBIT	Get a 7-Day Free Trial															21.10	0.58	8.60	9.03	9.64

Competitive Comparison of Globe Multi Ventures's EBIT

For the Conglomerates subindustry, Globe Multi Ventures'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.

Globe Multi Ventures's EV-to-EBIT Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Globe Multi Ventures's EV-to-EBIT distribution charts can be found below:

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

Globe Multi Ventures 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 ₹28 Mil.

Globe Multi Ventures (BOM:540266) EBIT Explanation

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

Globe Multi Ventures'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 )
=	38.54 * ( 1 - 26% )	/	( (129.976	+	0)	/ 1 )
=	28.5196	/	129.976
=	21.94 %

where

	Invested Capital		(Q: Sep. 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	))
=	510.525	-	380.238	-	( 0.311	-	max(0, 388.467	-	432.525	+	0.311	))
=	129.976

	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	))
=	0	-	0	-	( 0	-	max(0, 0	-	0	+	0	))
=	0

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

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

Globe Multi Ventures'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 )
=	38.54	/	( ( (0 + max(43.747, 0))	+	(0 + max(0, 0)) )	/	1 )
=	38.54	/	( ( 43.747	+	0 )	/	1 )
=	38.54	/	43.747
=	88.10 %

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)
=	(415.456	+	14.126	+	2.632)	-	(380.238	+	0	+	8.229)
=	43.747

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

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:

Globe Multi Ventures's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Dec. 2023 )
	=	27.844	/	151.365
	=	18.40 %

Globe Multi Ventures EBIT Related Terms

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Globe Multi Ventures (BOM:540266) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Globe Multi Ventures Ltd (BOM:540266) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

N/A

Address

Transport Road, Plot No. 54 and 55, A.G. Arcade, Balaji Co-operative Society, Secunderabad, TG, IND, 500009

Website

http://www.globecommercialsltd.com

Globe Multi Ventures Ltd is engaged in the business of buyer, seller, stockist, agent, brokers, commission agents, and others in agro commodities, sanitary ware, cotton, jute, and all other merchandise goods. The company also provides Management and Financial Consultancy.

Globe Multi Ventures (BOM:540266) Headlines

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