Euro Ceramics (BOM:532823) EBIT: ₹-542.9 Mil (TTM As of Mar. 2019)

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BOM:532823 Euro Ceramics Ltd BOM:532823
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What is Euro Ceramics EBIT?

Euro Ceramics BOM:532823 4 EBIT is ₹-542.9 Mil as of Mar. 2019. GuruFocus rates BOM:532823 with a GF Score™ of 4/100.

Euro Ceramics's earnings before interest and taxes (EBIT) for the six months ended in Mar. 2019 was ₹-542.9 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2019 was ₹-542.9 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Euro Ceramics's annualized ROC % for the quarter that ended in Mar. 2019 was -2.59%. Euro Ceramics's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2019 was -33.56%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Euro Ceramics's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2019 was -1,449.62%.

Euro Ceramics  (BOM:532823) EBIT Explanation

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

Euro Ceramics's annualized ROC % for the quarter that ended in Mar. 2019 is calculated as:

ROC % (Q: Mar. 2019 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Mar. 2018 ) + Invested Capital (Q: Mar. 2019 ))/ count )
=-163.311 * ( 1 - 0% )/( (6282.242 + 6305.355)/ 2 )
=-163.311/6293.7985
=-2.59 %

where

Invested Capital(Q: Mar. 2018 )
=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))
=3166.015 - 615.977 - ( 2.485 - max(0, 4178.242 - 446.038+2.485))
=6282.242

Invested Capital(Q: Mar. 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))
=2633.345 - 4247.105 - ( 9.958 - max(0, 8045.671 - 126.556+9.958))
=6305.355

Note: The Operating Income data used here is one times the annual (Mar. 2019) data.

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

Euro Ceramics's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2019 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2019 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Mar. 2018  Q: Mar. 2019
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-542.869/( ( (1715.385 + max(-719.896, 0)) + (1519.485 + max(-4936.19, 0)) )/ 2 )
=-542.869/( ( 1715.385 + 1519.485 )/ 2 )
=-542.869/1617.435
=-33.56 %

where Working Capital is:

Working Capital(Q: Mar. 2018 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(111.53 + 239.993 + 26.432) - (615.977 + 0 + 481.874)
=-719.896

Working Capital(Q: Mar. 2019 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(31.434 + 55.356 + 24.88) - (4247.105 + 0 + 800.755)
=-4936.19

When net working capital is negative, 0 is used.

Note: The EBIT data used here is one times the annual (Mar. 2019) EBIT data.

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2019 )
=-542.869/37.449
=-1,449.62 %

* 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.

Euro Ceramics EBIT Related Terms

Euro Ceramics EBIT Historical Data

* Premium members only.

The historical data trend for Euro Ceramics'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.

Euro Ceramics EBIT Chart

Euro Ceramics 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 -612.99 -348.13 193.83 -237.89 -542.87

Euro Ceramics Semi-Annual Data
Mar08 Mar09 Mar10 Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only -612.99 -348.13 193.83 -237.89 -542.87

BOM:532823 vs CARR, MAS, TREX: EBIT Comparison

For the Building Products & Equipment subindustry, Euro Ceramics'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.

Euro Ceramics EV-to-EBIT vs Construction Industry

For the Construction industry and Industrials sector, Euro Ceramics's EV-to-EBIT distribution charts can be found below:

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


BOM:532823
4GF Score
Euro Ceramics Ltd BOM:532823
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Euro Ceramics 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.

For stock reported annually, GuruFocus uses latest annual data as the TTM data. EBIT for the trailing twelve months (TTM) ended in Mar. 2019 was ₹-542.9 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 ₹-542.9 Mil mean?
Euro Ceramics (BOM:532823) has a EBIT of ₹-542.9 Mil as of Mar. 2019. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Euro Ceramics.
Is Euro Ceramics' EBIT too high?
Euro Ceramics' current EBIT is ₹-542.9 Mil. Overall, Euro Ceramics has a GF Score™ of 4/100, reflecting its overall financial health beyond just this single metric.
How does Euro Ceramics' EBIT compare to CARR and MAS?
Euro Ceramics' EBIT of ₹-542.9 Mil can be compared against companies in the Construction 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 Construction company?
A good EBIT depends on the Construction 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 Euro Ceramics. Euro Ceramics's current EBIT is ₹-542.9 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Euro Ceramics stock overvalued right now?
Euro Ceramics (BOM:532823) has a current EBIT of ₹-542.9 Mil. The current EBIT is ₹-542.9 Mil. Euro Ceramics' 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 Euro Ceramics (BOM:532823), the current EBIT is ₹-542.9 Mil as of Mar. 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.

Euro Ceramics Business Description

Address Vallabhbhai Road, Opposite Railway Station, 208, 2nd Floor, Sangam Arcade, Vile Parle (West), Mumbai, IND, 400 056
Euro Ceramics Ltd is an India based company engaged in the manufacturing and sells of vitrified tiles. It operates in three business segments including Tiles Division, Aluminium Division, and Realty Division. The tiles division, which is the key revenue driver, manufactures products including vitrified tiles, composite marble, sanitary ware products, and bathroom tiles. The company holds a global market presence with the majority of the revenue generated from the Indian market.
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Get the complete analysis for BOM:532823

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

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