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TQM Alpha PCL (BKK:TQM) EBIT : ฿1,109 Mil (TTM As of Dec. 2023)


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What is TQM Alpha PCL EBIT?

TQM Alpha PCL's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2023 was ฿318 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was ฿1,109 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. TQM Alpha PCL's annualized ROC % for the quarter that ended in Dec. 2023 was 28.57%. TQM Alpha PCL's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 128.83%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. TQM Alpha PCL's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 7.41%.


TQM Alpha PCL EBIT Historical Data

The historical data trend for TQM Alpha 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.

TQM Alpha PCL EBIT Chart

TQM Alpha 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 556.43 871.26 1,221.50 1,113.01 1,109.19

TQM Alpha PCL Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 302.55 266.97 251.26 272.89 318.08

Competitive Comparison of TQM Alpha PCL's EBIT

For the Insurance Brokers subindustry, TQM Alpha 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.


TQM Alpha PCL's EV-to-EBIT Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, TQM Alpha PCL's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where TQM Alpha PCL's EV-to-EBIT falls into.



TQM Alpha 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 Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was ฿1,109 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.


TQM Alpha PCL  (BKK:TQM) EBIT Explanation

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

TQM Alpha PCL's annualized ROC % for the quarter that ended in Dec. 2023 is calculated as:

ROC % (Q: Dec. 2023 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Sep. 2023 ) + Invested Capital (Q: Dec. 2023 ))/ count )
=1282.8 * ( 1 - 19.24% )/( (3570.151 + 3683.31)/ 2 )
=1035.98928/3626.7305
=28.57 %

where

Invested Capital(Q: Sep. 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))
=5153.825 - 413.181 - ( 1170.493 - max(0, 1185.626 - 2927.184+1170.493))
=3570.151

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))
=5459.399 - 438.295 - ( 1337.794 - max(0, 1340.927 - 3282.037+1337.794))
=3683.31

Note: The Operating Income data used here is four times the quarterly (Dec. 2023) data.

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

TQM Alpha PCL's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 is calculated as:

ROC (Joel Greenblatt) %(Q: Dec. 2023 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Sep. 2023  Q: Dec. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=1272.308/( ( (593.841 + max(392.498, 0)) + (581.976 + max(406.916, 0)) )/ 2 )
=1272.308/( ( 986.339 + 988.892 )/ 2 )
=1272.308/987.6155
=128.83 %

where Working Capital is:

Working Capital(Q: Sep. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(935.798 + 0 + 73.202) - (413.181 + 130.242 + 73.079)
=392.498

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(954.131 + 0 + 65.529) - (438.295 + 117.603 + 56.846)
=406.916

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Dec. 2023) EBIT data.

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

TQM Alpha PCL's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2023 )
=1109.194/14964.750
=7.41 %

* 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.


TQM Alpha PCL EBIT Related Terms

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TQM Alpha PCL (BKK:TQM) Business Description

Traded in Other Exchanges
N/A
Address
No. 123, Ladplakao Road, Chorakhe Bua Subdistrict, Lat Phrao District, Bangkok, THA, 10230
TQM Alpha PCL is engaged in investment in companies that are focused on non-life insurance brokers, life insurance brokers, and provision of services as a manager, caregiver, collect benefits, and property management for related parties. It also provides procurement and consulting services for computer software and hardware.

TQM Alpha PCL (BKK:TQM) Headlines

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