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Eucatex Industria e Comercio (BSP:EUCA3) EBIT : R$438 Mil (TTM As of Dec. 2023)


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What is Eucatex Industria e Comercio EBIT?

Eucatex Industria e Comercio's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2023 was R$156 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was R$438 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Eucatex Industria e Comercio's annualized ROC % for the quarter that ended in Dec. 2023 was 30.73%. Eucatex Industria e Comercio's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 29.12%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Eucatex Industria e Comercio's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 19.83%.


Eucatex Industria e Comercio EBIT Historical Data

The historical data trend for Eucatex Industria e Comercio'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.

Eucatex Industria e Comercio EBIT Chart

Eucatex Industria e Comercio 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 165.37 287.83 581.30 409.49 438.31

Eucatex Industria e Comercio 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 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 90.75 93.07 91.44 98.24 155.57

Competitive Comparison of Eucatex Industria e Comercio's EBIT

For the Building Products & Equipment subindustry, Eucatex Industria e Comercio'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.


Eucatex Industria e Comercio's EV-to-EBIT Distribution in the Construction Industry

For the Construction industry and Industrials sector, Eucatex Industria e Comercio's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Eucatex Industria e Comercio's EV-to-EBIT falls into.



Eucatex Industria e Comercio 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 R$438 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.


Eucatex Industria e Comercio  (BSP:EUCA3) EBIT Explanation

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

Eucatex Industria e Comercio'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 )
=623.144 * ( 1 - -68.63% )/( (3266.693 + 3573.288)/ 2 )
=1050.8077272/3419.9905
=30.73 %

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))
=3977.512 - 486.845 - ( 223.974 - max(0, 879.855 - 1506.14+223.974))
=3266.693

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))
=4108.415 - 404.804 - ( 130.323 - max(0, 828.914 - 1473.075+130.323))
=3573.288

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

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

Eucatex Industria e Comercio'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 )
=622.272/( ( (1330.253 + max(717.023, 0)) + (1363.156 + max(863.356, 0)) )/ 2 )
=622.272/( ( 2047.276 + 2226.512 )/ 2 )
=622.272/2136.894
=29.12 %

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)
=(605.775 + 546.328 + 125.208) - (486.845 + 0 + 73.443)
=717.023

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(609.938 + 528.339 + 198.25) - (404.804 + 0 + 68.367)
=863.356

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:

Eucatex Industria e Comercio's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2023 )
=438.311/2209.937
=19.83 %

* 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.


Eucatex Industria e Comercio EBIT Related Terms

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Eucatex Industria e Comercio (BSP:EUCA3) Business Description

Traded in Other Exchanges
Address
Tower I and II, 11th Floor, Juscelino - Avenida, Presidente Juscelino, Kubitsche, São Paulo, SP, BRA, 4543900
Eucatex SA Industria e Comercio manufactures laminated flooring, wall partitions, doors, panels, fiberboard, and paints and varnishes. The company provides laminate and vinyl flooring products, baseboards, paints and varnishes, wall partitions, doors, MDF and MDP panels, hardboards, high-density fiberboards, and T-HDF products.

Eucatex Industria e Comercio (BSP:EUCA3) Headlines

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