VDM Group (ASX:VMG) EBIT: A$-0.34 Mil (TTM As of Jun. 2024)


What is VDM Group EBIT?

VDM Group ASX:VMG EBIT is A$-0.34 Mil as of Jun. 2024.

VDM Group's earnings before interest and taxes (EBIT) for the six months ended in Jun. 2024 was A$-0.21 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2024 was A$-0.34 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. VDM Group's annualized ROC % for the quarter that ended in Jun. 2024 was -1.00%. VDM Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was -14,066.67%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. VDM Group's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was -1.92%.

VDM Group  (ASX:VMG) EBIT Explanation

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

VDM Group's annualized ROC % for the quarter that ended in Jun. 2024 is calculated as:

ROC % (Q: Jun. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2023 ) + Invested Capital (Q: Jun. 2024 ))/ count )
=-0.124 * ( 1 - 0% )/( (12.267 + 12.638)/ 2 )
=-0.124/12.4525
=-1.00 %

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))
=2.423 - 5.255 - ( 1.199 - max(0, 17.519 - 2.42+1.199))
=12.267

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))
=2.277 - 5.274 - ( 2.229 - max(0, 17.909 - 2.274+2.229))
=12.638

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

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

VDM Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Jun. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2023  Q: Jun. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-0.422/( ( (0.003 + max(-4.261, 0)) + (0.003 + max(-4.507, 0)) )/ 2 )
=-0.422/( ( 0.003 + 0.003 )/ 2 )
=-0.422/0.003
=-14,066.67 %

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)
=(0.043 + 0 + 1.178) - (5.255 + 0 + 0.227)
=-4.261

Working Capital(Q: Jun. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.891 + 0 + 0) - (5.274 + 0 + 0.124)
=-4.507

When net working capital is negative, 0 is used.

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

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jun. 2024 )
=-0.335/17.468
=-1.92 %

* 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.

VDM Group EBIT Related Terms

VDM Group EBIT Historical Data

* Premium members only.

The historical data trend for VDM Group'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.

VDM Group EBIT Chart

VDM Group Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1.17 -0.45 -0.10 -0.83 -0.34

VDM Group Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 0.28 -1.16 0.33 -0.12 -0.21

ASX:VMG vs PWR, J, ACM: EBIT Comparison

For the Engineering & Construction subindustry, VDM Group'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.

VDM Group EV-to-EBIT vs Construction Industry

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

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


VDM Group 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 Jun. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was A$-0.34 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$-0.34 Mil mean?
VDM Group (ASX:VMG) has a EBIT of A$-0.34 Mil as of Jun. 2024. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on VDM Group.
Is VDM Group's EBIT too high?
VDM Group's current EBIT is A$-0.34 Mil.
How does VDM Group's EBIT compare to PWR and J?
VDM Group's EBIT of A$-0.34 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 VDM Group. VDM Group's current EBIT is A$-0.34 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is VDM Group stock overvalued right now?
VDM Group (ASX:VMG) has a current EBIT of A$-0.34 Mil. The current EBIT is A$-0.34 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBIT calculated?
EBIT is calculated from a company's financial statements. For VDM Group (ASX:VMG), the current EBIT is A$-0.34 Mil as of Jun. 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.

VDM Group Business Description

Address 420 Bagot Road, Unit 2, Subiaco, Subiaco, WA, AUS, 6008
VDM Group Ltd is an engineering and construction company. The company is an operationally diverse company arranged under two operating divisions: i) construction and ii) mining and exploration. Its activities involve exploration of the Cachoeiras do Binga copper project located in the Republic of Angola (Cachoeiras do Binga); exploration of the Cage Bengo Project located in the Republic of Angola (Cage Bengo); and review of new project opportunities.