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Munjal Showa (BOM:520043) EBIT : ₹545 Mil (TTM As of Dec. 2023)


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What is Munjal Showa EBIT?

Munjal Showa's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2023 was ₹101 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was ₹545 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Munjal Showa's annualized ROC % for the quarter that ended in Dec. 2023 was 0.25%. Munjal Showa's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 16.60%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Munjal Showa's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 14.08%.


Munjal Showa EBIT Historical Data

The historical data trend for Munjal Showa'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.

Munjal Showa EBIT Chart

Munjal Showa 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 856.46 588.77 315.90 139.36 422.36

Munjal Showa 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 49.06 280.38 152.18 11.58 101.05

Competitive Comparison of Munjal Showa's EBIT

For the Auto Parts subindustry, Munjal Showa'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.


Munjal Showa's EV-to-EBIT Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Munjal Showa's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Munjal Showa's EV-to-EBIT falls into.



Munjal Showa 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 ₹545 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.


Munjal Showa  (BOM:520043) EBIT Explanation

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

Munjal Showa'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 )
=11.548 * ( 1 - 14.43% )/( (3973.643 + 0)/ 1 )
=9.8816236/3973.643
=0.25 %

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))
=8200.69 - 1460.232 - ( 2766.815 - max(0, 1625.731 - 5630.82+2766.815))
=3973.643

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

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

Munjal Showa'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 )
=404.192/( ( (1256.048 + max(1178.819, 0)) + (0 + max(0, 0)) )/ 1 )
=404.192/( ( 2434.867 + 0 )/ 1 )
=404.192/2434.867
=16.60 %

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)
=(1978.754 + 790.335 + 35.460999999999) - (1460.232 + 0 + 165.499)
=1178.819

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:

Munjal Showa's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2023 )
=545.193/3872.355
=14.08 %

* 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.


Munjal Showa EBIT Related Terms

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Munjal Showa (BOM:520043) Business Description

Traded in Other Exchanges
Address
9-11, Maruti Industrial Area, Sector 18, Gurugram, HR, IND, 122 015
Munjal Showa Ltd operates as an ancillary and manufactures auto components for the two-wheeler and four-wheeler industry. The company's primary products are front forks, shock absorbers, struts, gas springs, and window balancers. Geographically, it derives a majority of revenue from India. It operates in the Auto Components segment.

Munjal Showa (BOM:520043) Headlines

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