President Automobile Industries PCL (BKK:PACO) EBIT : ฿156 Mil (TTM As of Mar. 2024)

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What is President Automobile Industries PCL EBIT?

President Automobile Industries PCL's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was ฿61 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was ฿156 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. President Automobile Industries PCL's annualized ROC % for the quarter that ended in Mar. 2024 was 11.84%. President Automobile Industries PCL's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 22.29%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. President Automobile Industries PCL's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 8.97%.

President Automobile Industries PCL EBIT Historical Data

The historical data trend for President Automobile Industries 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.

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President Automobile Industries PCL EBIT Chart

President Automobile Industries PCL Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

EBIT

48.00

106.64

139.98

89.28

103.97

President Automobile Industries PCL Quarterly Data
	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													8.83	33.35	42.54	19.25	60.59

Competitive Comparison of President Automobile Industries PCL's EBIT

For the Auto Parts subindustry, President Automobile Industries 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.

President Automobile Industries PCL's EV-to-EBIT Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, President Automobile Industries PCL's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where President Automobile Industries PCL's EV-to-EBIT falls into.

President Automobile Industries 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 ฿156 Mil.

President Automobile Industries PCL (BKK:PACO) EBIT Explanation

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

President Automobile Industries 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 )
=	167.368 * ( 1 - 20% )	/	( (1143.258	+	1118.155)	/ 2 )
=	133.8944	/	1130.7065
=	11.84 %

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	))
=	1361.55	-	102.484	-	( 115.808	-	max(0, 255.015	-	868.78	+	115.808	))
=	1143.258

	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	))
=	1393.987	-	111.303	-	( 164.529	-	max(0, 259.751	-	910.541	+	164.529	))
=	1118.155

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

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

President Automobile Industries 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 )
=	242.368	/	( ( (479.121 + max(620.087, 0))	+	(469.511 + max(606.098, 0)) )	/	2 )
=	242.368	/	( ( 1099.208	+	1075.609 )	/	2 )
=	242.368	/	1087.4085
=	22.29 %

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)
=	(251.544	+	474.518	+	6.9639999999999)	-	(102.484	+	9.737	+	0.71799999999999)
=	620.087

	Working Capital		(Q: Mar. 2024 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(279.421	+	443.219	+	5.4540000000001)	-	(111.303	+	9.889	+	0.80399999999997)
=	606.098

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:

President Automobile Industries PCL's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Mar. 2024 )
	=	155.73	/	1736.238
	=	8.97 %

President Automobile Industries PCL EBIT Related Terms

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President Automobile Industries PCL (BKK:PACO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » President Automobile Industries PCL (BKK:PACO) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

N/A

Address

Satethakit 1 Road, 88/8, Moo 9, Soi Wor-Por-Or 11 (Piset), Suanluang, Kratumban, Samutsakorn, THA, 74110

Website

https://www.paco.co.th

President Automobile Industries PCL is engaged in two reportable segments the manufacture and distribution of automotive air conditioning components and the trading segment. The products offered by the company are condensers, evaporators, compressors, oil coolers, Air conditioning electrical parts, refrigerants, intercoolers and other accessories. The company has a business presence in Thailand, the Middle East, South East Asia, South Asia, North America, South America, Europe, East Asia and other regions.

President Automobile Industries PCL (BKK:PACO) Headlines

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