Melewar Industrial Group Bhd (XKLS:3778) EBIT : RM1.6 Mil (TTM As of Dec. 2023)

View and export this data going back to 1986. Start your Free Trial

What is Melewar Industrial Group Bhd EBIT?

Melewar Industrial Group Bhd's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2023 was RM-2.7 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was RM1.6 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Melewar Industrial Group Bhd's annualized ROC % for the quarter that ended in Dec. 2023 was -1.95%. Melewar Industrial Group Bhd's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -1.76%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Melewar Industrial Group Bhd's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 1.15%.

Melewar Industrial Group Bhd EBIT Historical Data

The historical data trend for Melewar Industrial Group Bhd'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.

Melewar Industrial Group Bhd EBIT Chart

Melewar Industrial Group Bhd Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

EBIT

Get a 7-Day Free Trial

36.71

3.98

75.40

65.86

-12.86

Melewar Industrial Group Bhd 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															-16.97	0.77	-0.09	3.70	-2.74

Competitive Comparison of Melewar Industrial Group Bhd's EBIT

For the Steel subindustry, Melewar Industrial Group Bhd'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.

Melewar Industrial Group Bhd's EV-to-EBIT Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Melewar Industrial Group Bhd's EV-to-EBIT distribution charts can be found below:

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

Melewar Industrial Group Bhd 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 RM1.6 Mil.

Melewar Industrial Group Bhd (XKLS:3778) EBIT Explanation

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

Melewar Industrial Group Bhd'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 )
=	-13.348 * ( 1 - 6.93% )	/	( (619.761	+	652.017)	/ 2 )
=	-12.4229836	/	635.889
=	-1.95 %

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	))
=	723.335	-	21.055	-	( 82.519	-	max(0, 113.032	-	313.239	+	82.519	))
=	619.761

	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	))
=	755.538	-	27.245	-	( 76.276	-	max(0, 147.171	-	347.875	+	76.276	))
=	652.017

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

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

Melewar Industrial Group Bhd'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 )
=	-10.964	/	( ( (409.542 + max(204.415, 0))	+	(407.172 + max(227.943, 0)) )	/	2 )
=	-10.964	/	( ( 613.957	+	635.115 )	/	2 )
=	-10.964	/	624.536
=	-1.76 %

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)
=	(69.522	+	154.771	+	2.4)	-	(21.055	+	0	+	1.223)
=	204.415

	Working Capital		(Q: Dec. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(78.879	+	179.901	+	0.66399999999999)	-	(27.245	+	0	+	4.256)
=	227.943

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:

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

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Dec. 2023 )
	=	1.643	/	143.219
	=	1.15 %

Melewar Industrial Group Bhd EBIT Related Terms

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

Melewar Industrial Group Bhd (XKLS:3778) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Melewar Industrial Group Bhd (XKLS:3778) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

N/A

Address

Number 566 Jalan Ipoh, 15th Floor, Kuala Lumpur, SGR, MYS, 51200

Website

http://www.melewar-mig.com

Melewar Industrial Group Bhd operates in four segments. The Steel Tube segment is in the business of manufacturing and sales of steel pipes and tubes. The Cold Rolled Coil segment is in the business of manufacturing and sales of cold-rolled coils. The investment holding segment refers to companies with investments in subsidiaries and companies with investments in quoted and unquoted equity securities. Others comprise companies involved in the food, trade-retail business, modular construction, and metal scraps trading businesses. It generates maximum revenue from the Cold rolled coil segment. Geographically, the group operates in Malaysia.

Melewar Industrial Group Bhd (XKLS:3778) Headlines

No Headlines