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Chiang Mai Ram Medical Business PCL (BKK:CMR-F) EBIT : ฿654 Mil (TTM As of Mar. 2024)


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What is Chiang Mai Ram Medical Business PCL EBIT?

Chiang Mai Ram Medical Business PCL's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was ฿206 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was ฿654 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Chiang Mai Ram Medical Business PCL's annualized ROC % for the quarter that ended in Mar. 2024 was 3.53%. Chiang Mai Ram Medical Business PCL's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 11.96%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Chiang Mai Ram Medical Business PCL's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 5.86%.


Chiang Mai Ram Medical Business PCL EBIT Historical Data

The historical data trend for Chiang Mai Ram Medical Business PCL'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.

Chiang Mai Ram Medical Business PCL EBIT Chart

Chiang Mai Ram Medical Business PCL 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 519.87 386.86 540.11 954.59 633.16

Chiang Mai Ram Medical Business PCL 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 185.34 59.97 202.30 185.56 205.82

Competitive Comparison of Chiang Mai Ram Medical Business PCL's EBIT

For the Medical Care Facilities subindustry, Chiang Mai Ram Medical Business PCL'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.


Chiang Mai Ram Medical Business PCL's EV-to-EBIT Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Chiang Mai Ram Medical Business PCL's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Chiang Mai Ram Medical Business PCL's EV-to-EBIT falls into.



Chiang Mai Ram Medical Business PCL 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 ฿654 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.


Chiang Mai Ram Medical Business PCL  (BKK:CMR-F) EBIT Explanation

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

Chiang Mai Ram Medical Business PCL'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 )
=603.848 * ( 1 - 20.52% )/( (13886.956 + 13310.508)/ 2 )
=479.9383904/13598.732
=3.53 %

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))
=12382.75 - 574.414 - ( 285.429 - max(0, 3179.53 - 1100.91+285.429))
=13886.956

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))
=11921.656 - 835.887 - ( 327.025 - max(0, 3398.121 - 1173.382+327.025))
=13310.508

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

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

Chiang Mai Ram Medical Business PCL'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 )
=823.264/( ( (6926.052 + max(-552.869, 0)) + (6844.285 + max(-837.375, 0)) )/ 2 )
=823.264/( ( 6926.052 + 6844.285 )/ 2 )
=823.264/6885.1685
=11.96 %

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)
=(256.077 + 118.086 + 48.475) - (574.414 + 389.573 + 11.52)
=-552.869

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(244.785 + 116.819 + 43.876) - (835.887 + 389.573 + 17.395)
=-837.375

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:

Chiang Mai Ram Medical Business PCL's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=653.642/11161.199
=5.86 %

* 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.


Chiang Mai Ram Medical Business PCL EBIT Related Terms

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Chiang Mai Ram Medical Business PCL (BKK:CMR-F) Business Description

Traded in Other Exchanges
Address
1, Sukkasem Road, Nakhon Ping Sub-district, Patan Subdistrict, Mueang District, Chiangmai, THA, 50300
Chiang Mai Ram Medical Business PCL is a Thailand-based company. It provides medical services in the nature of General Hospital, Hospital in Social Security, and the national health security office systems. It offers various medical services including a Dental center, X-Ray Mobile for a checkup, CT Multislice, Cardiac Catheterization Center, Back pain center, Gynecologic Cancer center Physical therapy, Operating theatres, Laboratory, Ambulance Services, and Health checkup center, among others. It provides medical services through the Lanna Hospital.

Chiang Mai Ram Medical Business PCL (BKK:CMR-F) Headlines

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