Motorcycle Holdings (ASX:MTO) EBIT : A$33.2 Mil (TTM As of Dec. 2023)

View and export this data going back to 2016. Start your Free Trial

What is Motorcycle Holdings EBIT?

Motorcycle Holdings's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2023 was A$15.1 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was A$33.2 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Motorcycle Holdings's annualized ROC % for the quarter that ended in Dec. 2023 was 2.16%. Motorcycle Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 16.53%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Motorcycle Holdings's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 13.51%.

Motorcycle Holdings EBIT Historical Data

The historical data trend for Motorcycle Holdings'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.

Motorcycle Holdings EBIT Chart

Motorcycle Holdings Annual Data

Trend

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

EBIT

Get a 7-Day Free Trial

14.94

0.22

40.64

32.92

36.58

Motorcycle Holdings Semi-Annual Data
	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
EBIT	Get a 7-Day Free Trial											19.06	13.86	18.54	18.04	15.13

Competitive Comparison of Motorcycle Holdings's EBIT

For the Auto & Truck Dealerships subindustry, Motorcycle Holdings'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.

Motorcycle Holdings's EV-to-EBIT Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Motorcycle Holdings's EV-to-EBIT distribution charts can be found below:

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

Motorcycle Holdings 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 A$33.2 Mil.

Motorcycle Holdings (ASX:MTO) EBIT Explanation

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

Motorcycle Holdings'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 )
=	11.006 * ( 1 - 31.31% )	/	( (345.529	+	355.912)	/ 2 )
=	7.5600214	/	350.7205
=	2.16 %

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	))
=	409.931	-	39.668	-	( 24.734	-	max(0, 114.94	-	193.882	+	24.734	))
=	345.529

	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	))
=	397.131	-	34.666	-	( 6.553	-	max(0, 108.823	-	186.075	+	6.553	))
=	355.912

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:

Motorcycle Holdings'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 )
=	30.26	/	( ( (61.642 + max(114.842, 0))	+	(59.081 + max(130.512, 0)) )	/	2 )
=	30.26	/	( ( 176.484	+	189.593 )	/	2 )
=	30.26	/	183.0385
=	16.53 %

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)
=	(12.329	+	155.833	+	1.236)	-	(39.668	+	2.104	+	12.784)
=	114.842

	Working Capital		(Q: Dec. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(11.311	+	162.112	+	6.099)	-	(34.666	+	0	+	14.344)
=	130.512

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:

Motorcycle Holdings's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Dec. 2023 )
	=	33.172	/	245.477
	=	13.51 %

Motorcycle Holdings EBIT Related Terms

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

Motorcycle Holdings (ASX:MTO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Motorcycle Holdings Ltd (ASX:MTO) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

N/A

Address

68 Moss Street, Slacks Creek, Logan City, QLD, AUS, 4127

Website

https://www.mcholdings.com.au

Motorcycle Holdings Ltd is a motorcycle dealer in Australia. It has two reporting segments. First, Motorcycle Retailing, which consists of the ownership and operation of motorcycle dealerships engaging in the sale of new motorcycles, used motorcycles, parts, servicing, accessories, and mechanical protection plan contracts. It also facilitates insurance and financing for motorcycle purchases through third-party sources. Second, Motorcycle Accessories Wholesaling, which imports and distributes a diversified range of motorcycle parts and accessories to wholesale customers in Australia. The majority of its revenue is derived from the Motorcycle Retailing segment. The company also owns and operates a motorcycle repair business that performs smash repair work for insurers.

Motorcycle Holdings (ASX:MTO) Headlines

No Headlines