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Thai Union Feedmill PCL (BKK:TFM) EBIT : ฿74 Mil (TTM As of Dec. 2023)


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What is Thai Union Feedmill PCL EBIT?

Thai Union Feedmill PCL's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2023 was ฿11 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was ฿74 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Thai Union Feedmill PCL's annualized ROC % for the quarter that ended in Dec. 2023 was 5.58%. Thai Union Feedmill PCL's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 2.03%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Thai Union Feedmill PCL's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 2.49%.


Thai Union Feedmill PCL EBIT Historical Data

The historical data trend for Thai Union Feedmill PCL'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.

Thai Union Feedmill PCL EBIT Chart

Thai Union Feedmill PCL Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EBIT
Get a 7-Day Free Trial 915.49 454.87 218.60 105.58 73.66

Thai Union Feedmill PCL Quarterly Data
Dec17 Dec18 Dec19 Mar20 Jun20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 17.28 -30.97 35.57 58.00 11.06

Competitive Comparison of Thai Union Feedmill PCL's EBIT

For the Farm Products subindustry, Thai Union Feedmill PCL'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.


Thai Union Feedmill PCL's EV-to-EBIT Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Thai Union Feedmill PCL's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Thai Union Feedmill PCL's EV-to-EBIT falls into.



Thai Union Feedmill PCL 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 ฿74 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.


Thai Union Feedmill PCL  (BKK:TFM) EBIT Explanation

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

Thai Union Feedmill PCL'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 )
=76.776 * ( 1 - -66.12% )/( (2380.048 + 2190.158)/ 2 )
=127.5402912/2285.103
=5.58 %

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))
=3307.53 - 520.024 - ( 407.458 - max(0, 603.02 - 1748.88+407.458))
=2380.048

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))
=3320.699 - 543.26 - ( 587.281 - max(0, 634.302 - 1794.027+587.281))
=2190.158

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

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

Thai Union Feedmill PCL'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 )
=44.22/( ( (1491.425 + max(791.61, 0)) + (1431.977 + max(641.823, 0)) )/ 2 )
=44.22/( ( 2283.035 + 2073.8 )/ 2 )
=44.22/2178.4175
=2.03 %

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)
=(756.688 + 551.847 + 6.8090000000002) - (520.024 + 0 + 3.71)
=791.61

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(725.709 + 454.249 + 17.78) - (543.26 + 5.965 + 6.6900000000001)
=641.823

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:

Thai Union Feedmill PCL's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2023 )
=73.658/2956.609
=2.49 %

* 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.


Thai Union Feedmill PCL EBIT Related Terms

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Thai Union Feedmill PCL (BKK:TFM) Business Description

Traded in Other Exchanges
N/A
Address
89/1 Moo 2, Rama 2 Road, Kalong Subdistrict, Mueang District, Samut Sakhon Province, Samut Sakhon, THA, 74000
Thai Union Feedmill PCL is a manufacturer and distributor of aquatic feed in Thailand. Business is organised into four reportable segments; Shrimp feed products; Fish feed products; Livestock feed products and Others. The firm generates the majority of its revenue from Shrimp feed products. Geographically it exports to Pakistan and others and drives key revenue from Thailand.

Thai Union Feedmill PCL (BKK:TFM) Headlines

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