BWE Drilling (ASX:BWE) EBIT: A$-15.42 Mil (TTM As of Dec. 2024)


ASX:BWE BWE Drilling Ltd ASX:BWE
30 GF Score
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What is BWE Drilling EBIT?

BWE Drilling ASX:BWE 30 EBIT is A$-15.42 Mil as of Dec. 2024. GuruFocus rates ASX:BWE with a GF Score™ of 30/100.

BWE Drilling's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2024 was A$-3.71 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2024 was A$-15.42 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. BWE Drilling's annualized ROC % for the quarter that ended in Dec. 2024 was -8.91%. BWE Drilling's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2024 was -13.61%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. BWE Drilling's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2024 was -26.34%.

BWE Drilling  (ASX:BWE) EBIT Explanation

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

BWE Drilling's annualized ROC % for the quarter that ended in Dec. 2024 is calculated as:

ROC % (Q: Dec. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jun. 2024 ) + Invested Capital (Q: Dec. 2024 ))/ count )
=-7.556 * ( 1 - 17.15% )/( (78.694 + 61.783)/ 2 )
=-6.260146/70.2385
=-8.91 %

where

Invested Capital(Q: Jun. 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))
=79.541 - 6.82 - ( 1.845 - max(0, 34.292 - 28.319+1.845))
=78.694

Invested Capital(Q: Dec. 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))
=75.696 - 11.638 - ( 5.707 - max(0, 23.991 - 26.266+5.707))
=61.783

Note: The Operating Income data used here is two times the semi-annual (Dec. 2024) data.

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

BWE Drilling's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Dec. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2024  Q: Dec. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-7.418/( ( (47.14 + max(9.711, 0)) + (45.989 + max(6.185, 0)) )/ 2 )
=-7.418/( ( 56.851 + 52.174 )/ 2 )
=-7.418/54.5125
=-13.61 %

where Working Capital is:

Working Capital(Q: Jun. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(11.887 + 6.716 + 1.757) - (6.82 + 0.643 + 3.186)
=9.711

Working Capital(Q: Dec. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(12.135 + 6 + 2.424) - (11.638 + 0.219 + 2.517)
=6.185

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Dec. 2024) EBIT data.

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2024 )
=-15.423/58.550
=-26.34 %

* 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.

BWE Drilling EBIT Related Terms

BWE Drilling EBIT Historical Data

* Premium members only.

The historical data trend for BWE Drilling'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.

BWE Drilling EBIT Chart

BWE Drilling Annual Data
Trend Jun21 Jun22 Jun23 Jun24
EBIT
3.08 4.40 1.85 -10.70

BWE Drilling Semi-Annual Data
Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
EBIT Get a 7-Day Free Trial Premium Member Only -2.67 4.53 1.02 -11.71 -3.71

ASX:BWE vs PWR, FIX, EME: EBIT Comparison

For the Engineering & Construction subindustry, BWE Drilling'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.

BWE Drilling EV-to-EBIT vs Construction Industry

For the Construction industry and Industrials sector, BWE Drilling's EV-to-EBIT distribution charts can be found below:

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


ASX:BWE
30GF Score
BWE Drilling Ltd ASX:BWE
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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BWE Drilling 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. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was A$-15.42 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.

Frequently Asked Questions Learn more about EBIT →
What does a EBIT of A$-15.42 Mil mean?
BWE Drilling (ASX:BWE) has a EBIT of A$-15.42 Mil as of Dec. 2024. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on BWE Drilling.
Is BWE Drilling's EBIT too high?
BWE Drilling's current EBIT is A$-15.42 Mil. Overall, BWE Drilling has a GF Score™ of 30/100, reflecting its overall financial health beyond just this single metric.
How does BWE Drilling's EBIT compare to PWR and FIX?
BWE Drilling's EBIT of A$-15.42 Mil can be compared against companies in the Construction industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBIT for a Construction company?
A good EBIT depends on the Construction industry context. However, EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EBIT mean?
A high EBIT can signal that a stock is expensive relative to its fundamentals. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on BWE Drilling. BWE Drilling's current EBIT is A$-15.42 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BWE Drilling stock overvalued right now?
BWE Drilling (ASX:BWE) has a current EBIT of A$-15.42 Mil. The current EBIT is A$-15.42 Mil. BWE Drilling's overall GF Score™ is 30/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBIT calculated?
EBIT is calculated from a company's financial statements. For BWE Drilling (ASX:BWE), the current EBIT is A$-15.42 Mil as of Dec. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

BWE Drilling Business Description

Address 76 Hasler Road, Level 2, Osborne Park, Perth, WA, AUS, 6017
BWE Drilling Ltd, formerly Dynamic Group Holdings Ltd is a supplier of drilling and blasting services to clients in the mining and construction sectors in Western Australia. It has extensive experience in areas of drilling and blasting, exploration and mine site resource definitions and grade control drilling, and water drilling, including deep artesian bores.
30GF Score

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EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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