Fenoplast (BOM:526689) EBIT: ₹101 Mil (TTM As of Mar. 2020)

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BOM:526689 Fenoplast Ltd BOM:526689
4 GF Score
Price ₹13.04
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What is Fenoplast EBIT?

Fenoplast BOM:526689 4 EBIT is ₹101 Mil as of Mar. 2020. GuruFocus rates BOM:526689 with a GF Score™ of 4/100.

Fenoplast's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2020 was ₹1 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2020 was ₹101 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Fenoplast's annualized ROC % for the quarter that ended in Mar. 2020 was -64.02%. Fenoplast's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2020 was 0.41%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Fenoplast's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2020 was 14.39%.

Fenoplast  (BOM:526689) EBIT Explanation

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

Fenoplast's annualized ROC % for the quarter that ended in Mar. 2020 is calculated as:

ROC % (Q: Mar. 2020 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2019 ) + Invested Capital (Q: Mar. 2020 ))/ count )
=-856.784 * ( 1 - 22% )/( (0 + 1043.933)/ 1 )
=-668.29152/1043.933
=-64.02 %

where

Invested Capital(Q: Dec. 2019 )
=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))
=0 - 0 - ( 0 - max(0, 0 - 0+0))
=0

Invested Capital(Q: Mar. 2020 )
=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))
=1370.75 - 325.742 - ( 1.075 - max(0, 1020.603 - 1047.219+1.075))
=1043.933

Note: The Operating Income data used here is four times the quarterly (Mar. 2020) data.

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

Fenoplast's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2020 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2020 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2019  Q: Mar. 2020
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=3.964/( ( (0 + max(0, 0)) + (307.938 + max(661.995, 0)) )/ 1 )
=3.964/( ( 0 + 969.933 )/ 1 )
=3.964/969.933
=0.41 %

where Working Capital is:

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

Working Capital(Q: Mar. 2020 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(365.084 + 598.59 + 54.954) - (325.742 + 0 + 30.891)
=661.995

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2020) EBIT data.

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2020 )
=101.127/702.553
=14.39 %

* 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.

Fenoplast EBIT Related Terms

Fenoplast EBIT Historical Data

* Premium members only.

The historical data trend for Fenoplast'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.

Fenoplast EBIT Chart

Fenoplast Annual Data
Trend Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 173.45 170.01 174.41 148.42 101.13

Fenoplast Quarterly Data
Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20
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 33.08 31.94 42.08 26.12 0.99

BOM:526689 vs LIN, ECL, SHW: EBIT Comparison

For the Specialty Chemicals subindustry, Fenoplast'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.

Fenoplast EV-to-EBIT vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Fenoplast's EV-to-EBIT distribution charts can be found below:

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


BOM:526689
4GF Score
Fenoplast Ltd BOM:526689
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Fenoplast 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. 2020 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹101 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 ₹101 Mil mean?
Fenoplast (BOM:526689) has a EBIT of ₹101 Mil as of Mar. 2020. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Fenoplast.
Is Fenoplast's EBIT too high?
Fenoplast's current EBIT is ₹101 Mil. Overall, Fenoplast has a GF Score™ of 4/100, reflecting its overall financial health beyond just this single metric.
How does Fenoplast's EBIT compare to LIN and ECL?
Fenoplast's EBIT of ₹101 Mil can be compared against companies in the Chemicals 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 Chemicals company?
A good EBIT depends on the Chemicals 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 Fenoplast. Fenoplast's current EBIT is ₹101 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fenoplast stock overvalued right now?
Fenoplast (BOM:526689) has a current EBIT of ₹101 Mil. The current EBIT is ₹101 Mil. Fenoplast's 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 Fenoplast (BOM:526689), the current EBIT is ₹101 Mil as of Mar. 2020. 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.

Fenoplast Business Description

Address 306-308, Chenoy Trade Centre, Parklane, Secunderabad, TG, IND, 500003
Fenoplast Ltd manufactures PVC Film and PVC Leather Cloth. PVC Film is used in the pharma industry for tablets packaging, healthcare products packaging and in the packaging of consumer goods like shaving products, tooth brushes, batteries, tools, and toys, among others. PVC Leather Cloth is used for car upholstery, motor cycle seat covers, auto rickshaw hoods and seats, tractors, trucks, and buses. It is also used for making ladies bags and footwear. The company's segments include PVC Leather Cloth and PVC Film. Majority of the revenue is derived from PVC Film segment. Its operations are spread in India and outside India.
4GF Score

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

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