GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Nordic Group Ltd (SGX:MR7) » Definitions » EBIT

Nordic Group (SGX:MR7) EBIT : S$23.2 Mil (TTM As of Dec. 2023)


View and export this data going back to 2010. Start your Free Trial

What is Nordic Group EBIT?

Nordic Group's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2023 was S$10.0 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was S$23.2 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Nordic Group's annualized ROC % for the quarter that ended in Dec. 2023 was 5.43%. Nordic Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 28.56%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Nordic Group's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 15.98%.


Nordic Group EBIT Historical Data

The historical data trend for Nordic Group'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.

Nordic Group EBIT Chart

Nordic Group 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 10.72 6.92 15.04 24.39 23.16

Nordic Group 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 6.61 13.78 10.61 13.12 10.04

Competitive Comparison of Nordic Group's EBIT

For the Engineering & Construction subindustry, Nordic Group'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.


Nordic Group's EV-to-EBIT Distribution in the Construction Industry

For the Construction industry and Industrials sector, Nordic Group's EV-to-EBIT distribution charts can be found below:

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



Nordic Group 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 S$23.2 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.


Nordic Group  (SGX:MR7) EBIT Explanation

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

Nordic Group'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 )
=13.99 * ( 1 - 27.35% )/( (179.758 + 194.575)/ 2 )
=10.163735/187.1665
=5.43 %

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))
=249.834 - 36.883 - ( 56.472 - max(0, 120.508 - 153.701+56.472))
=179.758

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:

Nordic Group'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 )
=20.078/( ( (51.126 + max(18.382, 0)) + (43.683 + max(27.39, 0)) )/ 2 )
=20.078/( ( 69.508 + 71.073 )/ 2 )
=20.078/70.2905
=28.56 %

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)
=(37.103 + 20.16 + 5.041) - (36.883 + 0 + 7.039)
=18.382

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(45.26 + 21.862 + 3.829) - (37.302 + 0 + 6.259)
=27.39

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2023 )
=23.158/144.938
=15.98 %

* 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.


Nordic Group EBIT Related Terms

Thank you for viewing the detailed overview of Nordic Group's EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.


Nordic Group (SGX:MR7) Business Description

Traded in Other Exchanges
N/A
Address
2 Tuas Avenue 10, Singapore, SGP, 639126
Nordic Group Ltd is an investment holding company. Its operating business segments include Project Services, Maintenance Services, and Others. The company generates maximum revenue from the Maintenance services segment. Its Maintenance Services segment includes maintenance and repair services, trading and supply of material, spare parts and components. The Project services segment includes projects that require engineering, procurement, design, construction, machining, scaffolding works, insulation services, and passive fireproofing services. Geographically, Singapore derives the vast majority of its revenue.

Nordic Group (SGX:MR7) Headlines

No Headlines