GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Wires And Fabriks (SA) Ltd (BOM:507817) » Definitions » EBIT

Wires And Fabriks (SA) (BOM:507817) EBIT : ₹65 Mil (TTM As of Dec. 2023)


View and export this data going back to 2001. Start your Free Trial

What is Wires And Fabriks (SA) EBIT?

Wires And Fabriks (SA)'s earnings before interest and taxes (EBIT) for the three months ended in Dec. 2023 was ₹21 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was ₹65 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Wires And Fabriks (SA)'s annualized ROC % for the quarter that ended in Dec. 2023 was 5.73%. Wires And Fabriks (SA)'s annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 6.34%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Wires And Fabriks (SA)'s Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 5.12%.


Wires And Fabriks (SA) EBIT Historical Data

The historical data trend for Wires And Fabriks (SA)'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.

Wires And Fabriks (SA) EBIT Chart

Wires And Fabriks (SA) Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 24.62 28.18 18.57 27.05 59.58

Wires And Fabriks (SA) 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 19.69 12.40 15.29 17.25 20.51

Competitive Comparison of Wires And Fabriks (SA)'s EBIT

For the Specialty Industrial Machinery subindustry, Wires And Fabriks (SA)'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.


Wires And Fabriks (SA)'s EV-to-EBIT Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Wires And Fabriks (SA)'s EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Wires And Fabriks (SA)'s EV-to-EBIT falls into.



Wires And Fabriks (SA) 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 ₹65 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.


Wires And Fabriks (SA)  (BOM:507817) EBIT Explanation

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

Wires And Fabriks (SA)'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 )
=80.748 * ( 1 - -6.77% )/( (1504.959 + 0)/ 1 )
=86.2146396/1504.959
=5.73 %

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))
=1575.238 - 53.297 - ( 16.982 - max(0, 526.119 - 694.325+16.982))
=1504.959

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

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

Wires And Fabriks (SA)'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 )
=82.02/( ( (866.197 + max(426.92, 0)) + (0 + max(0, 0)) )/ 1 )
=82.02/( ( 1293.117 + 0 )/ 1 )
=82.02/1293.117
=6.34 %

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)
=(243.063 + 338.709 + 95.571) - (53.297 + 0 + 197.126)
=426.92

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

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:

Wires And Fabriks (SA)'s Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2023 )
=65.441/1277.827
=5.12 %

* 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.


Wires And Fabriks (SA) EBIT Related Terms

Thank you for viewing the detailed overview of Wires And Fabriks (SA)'s EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.


Wires And Fabriks (SA) (BOM:507817) Business Description

Traded in Other Exchanges
N/A
Address
63, Industrial Area, Jhotwara, Jaipur, RJ, IND, 302012
Wires And Fabriks (SA) Ltd manufactures and supplies of paper machine clothing in India. It operates through one segment, Paper Mill Products. It offers a range of forming fabrics; woven dryer screens and spiral link dryer screens; pulp fabrics, including polyester, polyamide, or Kynar pulp fabrics; stuffed spiral screen and herringbone weave press belts. Geographically firm's majority revenue gets generated in India.

Wires And Fabriks (SA) (BOM:507817) Headlines

No Headlines