Megaron (WAR:MEG) EBIT

: zł-1.23 Mil (TTM As of Dec. 2022)

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Megaron's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2022 was zł-1.48 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2022 was zł-1.23 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Megaron's annualized ROC % for the quarter that ended in Dec. 2022 was -5.18%. Megaron's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2022 was -19.21%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Megaron's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2022 was -3.51%.

Megaron EBIT Historical Data

The historical data trend for Megaron'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.

Megaron Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

EBIT

4.65

3.43

3.77

2.60

-0.43

Megaron Quarterly Data
	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Jun20	Sep20	Dec20	Jun21	Sep21	Dec21	Jun22	Sep22	Dec22
EBIT																0.60	-0.36	-	0.25	-1.48

Megaron 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. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was zł-1.23 Mil.

Megaron (WAR:MEG) EBIT Explanation

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

Megaron's annualized ROC % for the quarter that ended in Dec. 2022 is calculated as:

	ROC % (Q: Dec. 2022 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Sep. 2022 )	+	Invested Capital (Q: Dec. 2022 ))	/ count )
=	-2.144 * ( 1 - 18.74% )	/	( (35.261	+	31.98)	/ 2 )
=	-1.7422144	/	33.6205
=	-5.18 %

where

	Invested Capital		(Q: Sep. 2022 )
=	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	))
=	39.65	-	3.841	-	( 0.548	-	max(0, 12.123	-	14.205	+	0.548	))
=	35.261

	Invested Capital		(Q: Dec. 2022 )
=	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	))
=	35.879	-	3.629	-	( 0.27	-	max(0, 9.138	-	11.102	+	0.27	))
=	31.98

Note: The Operating Income data used here is four times the quarterly (Dec. 2022) data.

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

Megaron's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2022 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Dec. 2022 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Sep. 2022		Q: Dec. 2022
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	-5.912	/	( ( (24.741 + max(7.241, 0))	+	(24.084 + max(5.475, 0)) )	/	2 )
=	-5.912	/	( ( 31.982	+	29.559 )	/	2 )
=	-5.912	/	30.7705
=	-19.21 %

where Working Capital is:

	Working Capital		(Q: Sep. 2022 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(8.096	+	4.746	+	0.815)	-	(3.841	+	0	+	2.575)
=	7.241

	Working Capital		(Q: Dec. 2022 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(5.278	+	4.167	+	1.387)	-	(3.629	+	0	+	1.728)
=	5.475

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Dec. 2022) EBIT data.

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

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

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Dec. 2022 )
	=	-1.226	/	34.905
	=	-3.51 %

Megaron EBIT Related Terms

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Megaron (WAR:MEG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Megaron SA (WAR:MEG) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

N/A

Address

Ul Pyrzycka 3 e f, Szczecin, POL, 70-892

Website

http://www.megaron.com.pl

Megaron SA is a Poland based company engaged in the production and distribution of building materials. It offers plaster coats, gypsum putty, and assembly adhesives. The company sells its products through distributors and sales representatives.