GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Thai Eastern Group Holdings PCL (BKK:TEGH) » Definitions » EBIT

Thai Eastern Group Holdings PCL (BKK:TEGH) EBIT : ฿338 Mil (TTM As of Mar. 2024)


View and export this data going back to 2022. Start your Free Trial

What is Thai Eastern Group Holdings PCL EBIT?

Thai Eastern Group Holdings PCL's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was ฿122 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was ฿338 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Thai Eastern Group Holdings PCL's annualized ROC % for the quarter that ended in Mar. 2024 was 6.40%. Thai Eastern Group Holdings PCL's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 7.64%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Thai Eastern Group Holdings PCL's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 4.67%.


Thai Eastern Group Holdings PCL EBIT Historical Data

The historical data trend for Thai Eastern Group Holdings 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.

Thai Eastern Group Holdings PCL EBIT Chart

Thai Eastern Group Holdings PCL Annual Data
Trend Dec20 Dec21 Dec22 Dec23
EBIT
148.69 676.77 816.50 356.65

Thai Eastern Group Holdings PCL Quarterly Data
Dec20 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 140.31 30.05 80.57 105.71 121.74

Competitive Comparison of Thai Eastern Group Holdings PCL's EBIT

For the Specialty Chemicals subindustry, Thai Eastern Group Holdings 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.


Thai Eastern Group Holdings PCL's EV-to-EBIT Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Thai Eastern Group Holdings PCL's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Thai Eastern Group Holdings PCL's EV-to-EBIT falls into.



Thai Eastern Group Holdings 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 ฿338 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.


Thai Eastern Group Holdings PCL  (BKK:TEGH) EBIT Explanation

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

Thai Eastern Group Holdings 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 )
=534.988 * ( 1 - 12.73% )/( (6969.977 + 7628.285)/ 2 )
=466.8840276/7299.131
=6.40 %

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))
=7409.507 - 369.024 - ( 70.506 - max(0, 3405.793 - 4024.452+70.506))
=6969.977

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))
=7955.908 - 262.642 - ( 64.981 - max(0, 3969.457 - 4565.309+64.981))
=7628.285

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

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

Thai Eastern Group Holdings 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 )
=486.956/( ( (2750.089 + max(3251.937, 0)) + (2764.248 + max(3984.299, 0)) )/ 2 )
=486.956/( ( 6002.026 + 6748.547 )/ 2 )
=486.956/6375.2865
=7.64 %

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)
=(718.275 + 3021.728 + 107.778) - (369.024 + 223.113 + 3.7070000000003)
=3251.937

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1156.059 + 3171.431 + 43.454000000001) - (262.642 + 73.333 + 50.67)
=3984.299

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:

Thai Eastern Group Holdings PCL's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=338.075/7245.158
=4.67 %

* 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.


Thai Eastern Group Holdings PCL EBIT Related Terms

Thank you for viewing the detailed overview of Thai Eastern Group Holdings PCL's EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.


Thai Eastern Group Holdings PCL (BKK:TEGH) Business Description

Traded in Other Exchanges
N/A
Address
Chonburi-Klaeng Road, 171 Moo 2, Khao Sok Subdistrict, Nong Yai District, Chonburi, THA, 20190
Thai Eastern Group Holdings PCL is engaged in the investment in equity securities and the provision of management services. The subsidiaries are principally engaged in the manufacture and distribution of block rubber, concentrated latex, palm oil, palm seed oil, electricity and biogas, including treatment services of organic waste disposal. The company operates in four reportable segment Block rubber and concentrated latex, Crude palm oil, Energy, and Other. The majority of revenue is derived from the Block rubber and concentrated latex segment.

Thai Eastern Group Holdings PCL (BKK:TEGH) Headlines

No Headlines