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Asia Papertec, (XKRX:009380) EBIT : ₩15,678 Mil (TTM As of Sep. 2012)


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What is Asia Papertec, EBIT?

Asia Papertec,'s earnings before interest and taxes (EBIT) for the three months ended in Sep. 2012 was ₩4,240 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2012 was ₩15,678 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Asia Papertec,'s annualized ROC % for the quarter that ended in Sep. 2012 was 6.23%. Asia Papertec,'s annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2012 was 9.31%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Asia Papertec,'s Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2012 was 26.12%.

Asia Papertec, EBIT Historical Data

The historical data trend for Asia Papertec,'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.

Asia Papertec, EBIT Chart

Asia Papertec, Annual Data
Trend Dec07 Dec08 Dec09 Dec10
EBIT
6,474.28 9,421.49 10,419.14 1,082.34

Asia Papertec, Quarterly Data
Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12
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 563.61 4,455.82 2,780.55 4,202.38 4,239.63

Competitive Comparison of Asia Papertec,'s EBIT

For the Paper & Paper Products subindustry, Asia Papertec,'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.

Asia Papertec,'s EV-to-EBIT Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Asia Papertec,'s EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Asia Papertec,'s EV-to-EBIT falls into.


Asia Papertec, 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 Sep. 2012 adds up the quarterly data reported by the company within the most recent 12 months, which was ₩15,678 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.

Asia Papertec,  (XKRX:009380) EBIT Explanation

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

Asia Papertec,'s annualized ROC % for the quarter that ended in Sep. 2012 is calculated as:

ROC % (Q: Sep. 2012 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jun. 2012 ) + Invested Capital (Q: Sep. 2012 ))/ count )
=16958.532 * ( 1 - 21.87% )/( (214732.206 + 210779.045)/ 2 )
=13249.7010516/212755.6255
=6.23 %

where

Invested Capital(Q: Jun. 2012 )
=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))
=254445.569 - 11603.143 - ( 28110.22 - max(0, 18248.667 - 68679.822+28110.22))
=214732.206

Invested Capital(Q: Sep. 2012 )
=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))
=250435.829 - 10393.568 - ( 29263.216 - max(0, 14540.036 - 67196.963+29263.216))
=210779.045

Note: The Operating Income data used here is four times the quarterly (Sep. 2012) data.

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

Asia Papertec,'s annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2012 is calculated as:

ROC (Joel Greenblatt) %(Q: Sep. 2012 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2012  Q: Sep. 2012
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=16958.532/( ( (159323.675 + max(24712.1, 0)) + (156872.963 + max(23393.711, 0)) )/ 2 )
=16958.532/( ( 184035.775 + 180266.674 )/ 2 )
=16958.532/182151.2245
=9.31 %

where Working Capital is:

Working Capital(Q: Jun. 2012 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 14574.985 + 25994.617) - (11603.143 + 0 + 4254.359)
=24712.1

Working Capital(Q: Sep. 2012 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 16133.436 + 21800.311) - (10393.568 + 0 + 4146.468)
=23393.711

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Sep. 2012) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

Asia Papertec,'s Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2012 )
=15678.382/60014.041
=26.12 %

* 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.

Asia Papertec, EBIT Related Terms

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