GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » San Miguel Food And Beverage Inc (OTCPK:SMPFF) » Definitions » EBIT

San Miguel Food And Beverage (San Miguel Food And Beverage) EBIT : $928.90 Mil (TTM As of Mar. 2024)


View and export this data going back to 2013. Start your Free Trial

What is San Miguel Food And Beverage EBIT?

San Miguel Food And Beverage's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was $243.13 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was $928.90 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. San Miguel Food And Beverage's annualized ROC % for the quarter that ended in Mar. 2024 was 15.58%. San Miguel Food And Beverage's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 45.27%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. San Miguel Food And Beverage's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 17.55%.


San Miguel Food And Beverage EBIT Historical Data

The historical data trend for San Miguel Food And Beverage'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.

San Miguel Food And Beverage EBIT Chart

San Miguel Food And Beverage 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 840.24 606.00 754.48 841.00 929.36

San Miguel Food And Beverage 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 243.59 225.81 214.86 245.10 243.13

Competitive Comparison of San Miguel Food And Beverage's EBIT

For the Packaged Foods subindustry, San Miguel Food And Beverage'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.


San Miguel Food And Beverage's EV-to-EBIT Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, San Miguel Food And Beverage's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where San Miguel Food And Beverage's EV-to-EBIT falls into.



San Miguel Food And Beverage 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 $928.90 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.


San Miguel Food And Beverage  (OTCPK:SMPFF) EBIT Explanation

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

San Miguel Food And Beverage'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 )
=901.58 * ( 1 - 23.41% )/( (4403.714 + 4460.05)/ 2 )
=690.520122/4431.882
=15.58 %

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))
=6112.498 - 1143.863 - ( 979.426 - max(0, 1769.76 - 2334.681+979.426))
=4403.714

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))
=6228.4 - 1288.508 - ( 1165.013 - max(0, 1946.43 - 2426.272+1165.013))
=4460.05

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

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

San Miguel Food And Beverage'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 )
=972.5/( ( (2148.888 + max(18.141, 0)) + (2128.959 + max(-27.25, 0)) )/ 2 )
=972.5/( ( 2167.029 + 2128.959 )/ 2 )
=972.5/2147.994
=45.27 %

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)
=(396.498 + 800.814 + 109.991) - (1143.863 + 0 + 145.299)
=18.141

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(371.002 + 781.881 + 108.376) - (1288.508 + 0 + 0.00099999999997635)
=-27.25

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:

San Miguel Food And Beverage's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=928.896/5294.320
=17.55 %

* 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.


San Miguel Food And Beverage EBIT Related Terms

Thank you for viewing the detailed overview of San Miguel Food And Beverage's EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.


San Miguel Food And Beverage (San Miguel Food And Beverage) Business Description

Traded in Other Exchanges
Address
No. 100 E. Rodriguez Jr. Avenue (C-5 Road), Barangay Ugong, Pasig, PHL, 1604
San Miguel Food And Beverage Inc is a food company located in the Philippines. The company and its subsidiaries are involved in poultry and livestock operations, feeds and flour milling, dairy and coffee operations, franchising and young animal ration manufacturing and distribution. The firm sells and markets its products under B-meg, Magnolia, Monterey, San Miguel Mills, Pure foods, Hungry Juan brand names. Its operating segments include Beer and non-alcoholic beverages (NAB), Spirits, and Food. The company generates maximum revenue from Food segment.

San Miguel Food And Beverage (San Miguel Food And Beverage) Headlines

From GuruFocus

A Way to Ride the Growing Philippine Economy?

By Mark Yu Mark Yu 12-21-2016