Primuss Pipes & Tubes (BOM:513291) EBIT: ₹-90.0 Mil (TTM As of Dec. 2019)


BOM:513291 Primuss Pipes & Tubes Ltd BOM:513291
4 GF Score
Price ₹2.68
View Full Analysis

What is Primuss Pipes & Tubes EBIT?

Primuss Pipes & Tubes BOM:513291 4 EBIT is ₹-90.0 Mil as of Dec. 2019. GuruFocus rates BOM:513291 with a GF Score™ of 4/100.

Primuss Pipes & Tubes's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2019 was ₹-119.4 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2019 was ₹-90.0 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Primuss Pipes & Tubes's annualized ROC % for the quarter that ended in Dec. 2019 was -113.47%. Primuss Pipes & Tubes's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2019 was -122.76%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Primuss Pipes & Tubes's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2019 was -31.30%.


Primuss Pipes & Tubes  (BOM:513291) EBIT Explanation

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

Primuss Pipes & Tubes's annualized ROC % for the quarter that ended in Dec. 2019 is calculated as:

ROC % (Q: Dec. 2019 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Sep. 2019 ) + Invested Capital (Q: Dec. 2019 ))/ count )
=-477.78 * ( 1 - 0% )/( (421.059 + 0)/ 1 )
=-477.78/421.059
=-113.47 %

where

Note: The Operating Income data used here is four times the quarterly (Dec. 2019) data.

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

Primuss Pipes & Tubes's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2019 is calculated as:

ROC (Joel Greenblatt) %(Q: Dec. 2019 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Sep. 2019  Q: Dec. 2019
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-477.78/( ( (70.157 + max(319.03, 0)) + (0 + max(0, 0)) )/ 1 )
=-477.78/( ( 389.187 + 0 )/ 1 )
=-477.78/389.187
=-122.76 %

where Working Capital is:

Working Capital(Q: Sep. 2019 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(103.225 + 155.931 + 175.247) - (98.9 + 0 + 16.473)
=319.03

Working Capital(Q: Dec. 2019 )
=(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. 2019) EBIT data.

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

Primuss Pipes & Tubes's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2019 )
=-90.013/287.608
=-31.30 %

* 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.


Primuss Pipes & Tubes EBIT Related Terms


Primuss Pipes & Tubes EBIT Historical Data

* Premium members only.

The historical data trend for Primuss Pipes & Tubes'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.

Primuss Pipes & Tubes EBIT Chart

Primuss Pipes & Tubes Annual Data
Trend Mar10 Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13.34 16.26 15.81 34.46 38.43

Primuss Pipes & Tubes Quarterly Data
Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19
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 8.46 12.76 9.90 6.77 -119.45

BOM:513291 vs NUE: EBIT Comparison

For the Steel subindustry, Primuss Pipes & Tubes'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.


Primuss Pipes & Tubes EV-to-EBIT vs Steel Industry

For the Steel industry and Basic Materials sector, Primuss Pipes & Tubes's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Primuss Pipes & Tubes's EV-to-EBIT falls into.


BOM:513291
4GF Score
Primuss Pipes & Tubes Ltd BOM:513291
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Primuss Pipes & Tubes 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. 2019 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹-90.0 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.

Frequently Asked Questions Learn more about EBIT →
What does a EBIT of ₹-90.0 Mil mean?
Primuss Pipes & Tubes (BOM:513291) has a EBIT of ₹-90.0 Mil as of Dec. 2019. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Primuss Pipes & Tubes.
Is Primuss Pipes & Tubes' EBIT too high?
Primuss Pipes & Tubes' current EBIT is ₹-90.0 Mil. Overall, Primuss Pipes & Tubes has a GF Score™ of 4/100, reflecting its overall financial health beyond just this single metric.
How does Primuss Pipes & Tubes' EBIT compare to NUE?
Primuss Pipes & Tubes' EBIT of ₹-90.0 Mil can be compared against companies in the Steel industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBIT for a Steel company?
A good EBIT depends on the Steel industry context. However, EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EBIT mean?
A high EBIT can signal that a stock is expensive relative to its fundamentals. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Primuss Pipes & Tubes. Primuss Pipes & Tubes's current EBIT is ₹-90.0 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Primuss Pipes & Tubes stock overvalued right now?
Primuss Pipes & Tubes (BOM:513291) has a current EBIT of ₹-90.0 Mil. The current EBIT is ₹-90.0 Mil. Primuss Pipes & Tubes' overall GF Score™ is 4/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBIT calculated?
EBIT is calculated from a company's financial statements. For Primuss Pipes & Tubes (BOM:513291), the current EBIT is ₹-90.0 Mil as of Dec. 2019. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Primuss Pipes & Tubes Business Description

Address Arya Nagar, 8/225-A, 2nd Floor, Kanpur, UP, IND, 208 002
Primuss Pipes & Tubes Ltd is engaged in manufacturing iron and steel products including black steel tubes, G.I. steel tubes, steel tubular poles, and PVC pipes. The steel pipes and tubes are used for water pipelines, sewerage system, agriculture and irrigation, industrial water lines and plant piping, whereas the tubular poles are available in a wide range of sizes and can be galvanized, painted, or powder coated and it is used for street light poles, sports, and stadium lighting, highway light poles - single hang and others.
4GF Score

Get the complete analysis for BOM:513291

EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹2.68
Price