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Metro Performance Glass (ASX:MPP) EBIT : A$-19.0 Mil (TTM As of Sep. 2024)


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What is Metro Performance Glass EBIT?

Metro Performance Glass's earnings before interest and taxes (EBIT) for the six months ended in Sep. 2024 was A$-1.0 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2024 was A$-19.0 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Metro Performance Glass's annualized ROC % for the quarter that ended in Sep. 2024 was -5.87%. Metro Performance Glass's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was -1.66%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Metro Performance Glass's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was -26.22%.


Metro Performance Glass EBIT Historical Data

The historical data trend for Metro Performance Glass'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.

Metro Performance Glass EBIT Chart

Metro Performance Glass Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
EBIT
Get a 7-Day Free Trial Premium Member Only -66.05 17.59 5.51 -4.34 -21.52

Metro Performance Glass Semi-Annual Data
Sep14 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24
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 4.98 -9.57 -3.48 -18.02 -0.96

Competitive Comparison of Metro Performance Glass's EBIT

For the Building Products & Equipment subindustry, Metro Performance Glass'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.


Metro Performance Glass's EV-to-EBIT Distribution in the Construction Industry

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

* The bar in red indicates where Metro Performance Glass's EV-to-EBIT falls into.



Metro Performance Glass 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 Sep. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was A$-19.0 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.


Metro Performance Glass  (ASX:MPP) EBIT Explanation

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

Metro Performance Glass's annualized ROC % for the quarter that ended in Sep. 2024 is calculated as:

ROC % (Q: Sep. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Mar. 2024 ) + Invested Capital (Q: Sep. 2024 ))/ count )
=-15.958 * ( 1 - 25.69% )/( (201.733 + 202.146)/ 2 )
=-11.8583898/201.9395
=-5.87 %

where

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

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

Metro Performance Glass's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Sep. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Mar. 2024  Q: Sep. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-1.922/( ( (102.591 + max(32.641, 0)) + (96.905 + max(-27.844, 0)) )/ 2 )
=-1.922/( ( 135.232 + 96.905 )/ 2 )
=-1.922/116.0685
=-1.66 %

where Working Capital is:

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(31.62 + 23.783 + 3.24) - (23.641 + 1.585 + 0.776)
=32.641

Working Capital(Q: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(29.121 + 24.806 + 2.579) - (23.812 + 0 + 60.538)
=-27.844

When net working capital is negative, 0 is used.

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

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

Metro Performance Glass's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2024 )
=-18.979/72.387
=-26.22 %

* 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.


Metro Performance Glass EBIT Related Terms

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Metro Performance Glass Business Description

Traded in Other Exchanges
Address
5 Lady Fisher Place, East Tamaki, Auckland, NZL, 2013
Metro Performance Glass Ltd operates as a glass processor. It group supplies processed flat glass and related products to the residential and commercial building sectors. It offers a range of glass products, including Decorative Glass, low Glass, Mirrors, bathroom shower screens, Shower Glass, Safety Security glass, Obscure, Frosted, and Privacy Glass, doors, and others. Its geographical segments include New Zealand and Australia. It generates a majority of its revenue from New Zealand.

Metro Performance Glass Headlines

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