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Heidelberg Cement Bangladesh (DHA:HEIDELBCEM) EBIT : BDT954 Mil (TTM As of Mar. 2024)


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What is Heidelberg Cement Bangladesh EBIT?

Heidelberg Cement Bangladesh's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was BDT582 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was BDT954 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Heidelberg Cement Bangladesh's annualized ROC % for the quarter that ended in Mar. 2024 was 16.82%. Heidelberg Cement Bangladesh's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 42.41%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Heidelberg Cement Bangladesh's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 8.01%.


Heidelberg Cement Bangladesh EBIT Historical Data

The historical data trend for Heidelberg Cement Bangladesh'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.

Heidelberg Cement Bangladesh EBIT Chart

Heidelberg Cement Bangladesh 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 315.26 379.85 722.62 -2.25 1,079.78

Heidelberg Cement Bangladesh Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 559.91 126.02 59.44 186.61 581.73

Competitive Comparison of Heidelberg Cement Bangladesh's EBIT

For the Building Materials subindustry, Heidelberg Cement Bangladesh'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.


Heidelberg Cement Bangladesh's EV-to-EBIT Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Heidelberg Cement Bangladesh's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Heidelberg Cement Bangladesh's EV-to-EBIT falls into.



Heidelberg Cement Bangladesh 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was BDT954 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.


Heidelberg Cement Bangladesh  (DHA:HEIDELBCEM) EBIT Explanation

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

Heidelberg Cement Bangladesh's annualized ROC % for the quarter that ended in Mar. 2024 is calculated as:

ROC % (Q: Mar. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2023 ) + Invested Capital (Q: Mar. 2024 ))/ count )
=2022.624 * ( 1 - 23.32% )/( (9851.352 + 8593.614)/ 2 )
=1550.9480832/9222.483
=16.82 %

where

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))
=12621.995 - 4038.225 - ( 4295.693 - max(0, 8294.219 - 7026.637+4295.693))
=9851.352

Invested Capital(Q: Mar. 2024 )
=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))
=13129.572 - 5342.152 - ( 4381.326 - max(0, 8427.624 - 7621.43+4381.326))
=8593.614

Note: The Operating Income data used here is four times the quarterly (Mar. 2024) data.

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

Heidelberg Cement Bangladesh's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2023  Q: Mar. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=2326.912/( ( (5528.794 + max(-1384.965, 0)) + (5444.904 + max(-2186.745, 0)) )/ 2 )
=2326.912/( ( 5528.794 + 5444.904 )/ 2 )
=2326.912/5486.849
=42.41 %

where Working Capital is:

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(481.176 + 1590.884 + 690.802) - (4038.225 + 0 + 109.602)
=-1384.965

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(330.23 + 2167.956 + 684.212) - (5342.152 + 0 + 26.991)
=-2186.745

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2024) EBIT data.

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

Heidelberg Cement Bangladesh's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=953.799/11913.283
=8.01 %

* 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.


Heidelberg Cement Bangladesh EBIT Related Terms

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Heidelberg Cement Bangladesh (DHA:HEIDELBCEM) Business Description

Traded in Other Exchanges
N/A
Address
Plot No. SE (F) 9, Road No.142, Symphony 6th and 7th Floor, South Avenue, Gulshan -1, Dhaka, BGD, 1212
Heidelberg Cement Bangladesh Ltd is the major producer of cement in Bangladesh. It offers Portland composite cement and ordinary Portland cement under the Ruby Cement and Scan Cement brand names. It is engaged in various projects such as Bijoy Sarani, Mohakhali Flyover, Lalon Shah (Pakshi) Bridge, Shah Amanat International Airport, Third Karnaphuli Bridge, Bahaddarhat Flyover, North-South University, Chittagong Port Flyover, Karnaphuli Water Supply Project and many others.

Heidelberg Cement Bangladesh (DHA:HEIDELBCEM) Headlines

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