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Thai Rung Union Car PCL (BKK:TRU) EBIT : ฿162 Mil (TTM As of Mar. 2024)


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What is Thai Rung Union Car PCL EBIT?

Thai Rung Union Car PCL's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was ฿82 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was ฿162 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Thai Rung Union Car PCL's annualized ROC % for the quarter that ended in Mar. 2024 was 2.32%. Thai Rung Union Car PCL's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 24.53%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Thai Rung Union Car PCL's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 14.01%.


Thai Rung Union Car PCL EBIT Historical Data

The historical data trend for Thai Rung Union Car 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 Rung Union Car PCL EBIT Chart

Thai Rung Union Car 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 291.88 -84.54 107.85 488.92 216.52

Thai Rung Union Car PCL Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 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 113.98 97.49 27.33 52.52 81.85

Competitive Comparison of Thai Rung Union Car PCL's EBIT

For the Auto Parts subindustry, Thai Rung Union Car 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 Rung Union Car PCL's EV-to-EBIT Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Thai Rung Union Car PCL's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Thai Rung Union Car PCL's EV-to-EBIT falls into.



Thai Rung Union Car 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 ฿162 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 Rung Union Car PCL  (BKK:TRU) EBIT Explanation

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

Thai Rung Union Car 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 )
=78.32 * ( 1 - 14.07% )/( (2879.443 + 2934.194)/ 2 )
=67.300376/2906.8185
=2.32 %

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))
=4366.572 - 511.992 - ( 975.137 - max(0, 552.571 - 1851.101+975.137))
=2879.443

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))
=4411.278 - 517.749 - ( 959.335 - max(0, 522.161 - 1900.942+959.335))
=2934.194

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 Rung Union Car 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 )
=327.416/( ( (1125.687 + max(170.394, 0)) + (1107.538 + max(265.877, 0)) )/ 2 )
=327.416/( ( 1296.081 + 1373.415 )/ 2 )
=327.416/1334.748
=24.53 %

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)
=(378.473 + 328.779 + 11.338) - (511.992 + 36.205 + -0.00099999999997635)
=170.394

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(431.315 + 352.311 + 0) - (517.749 + 0 + -1.1368683772162E-13)
=265.877

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 Rung Union Car PCL's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=161.704/1154.351
=14.01 %

* 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 Rung Union Car PCL EBIT Related Terms

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Thai Rung Union Car PCL (BKK:TRU) Business Description

Traded in Other Exchanges
N/A
Address
304, Marcharoen Road, Khwaeng Nongkangploo, Khet Nongkaem, Bangkok, THA, 10160
Thai Rung Union Car PCL is engaged in car assembly and modification, and the manufacture and distribution of parts and molds. It operates in the segments of Car assembly and other related car services; Manufacture of equipment for the production of car accessories (comprising the manufacture of molds and jigs and manufacture and sales of car accessories and spare parts), which is the key revenue generating segment; and Sales of cars, and a car service centre business.