Achal Investments (BOM:538570) EBIT: ₹0.11 Mil (TTM As of Sep. 2019)

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BOM:538570 Achal Investments Ltd BOM:538570
4 GF Score
Price ₹0.28
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What is Achal Investments EBIT?

Achal Investments BOM:538570 4 EBIT is ₹0.11 Mil as of Sep. 2019. GuruFocus rates BOM:538570 with a GF Score™ of 4/100.

Achal Investments's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2019 was ₹0.02 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2019 was ₹0.11 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Achal Investments's annualized ROC % for the quarter that ended in Sep. 2019 was 0.06%. Achal Investments's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2019 was 418.18%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Achal Investments's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2019 was 0.62%.

Achal Investments  (BOM:538570) EBIT Explanation

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

Achal Investments's annualized ROC % for the quarter that ended in Sep. 2019 is calculated as:

ROC % (Q: Sep. 2019 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jun. 2019 ) + Invested Capital (Q: Sep. 2019 ))/ count )
=0.092 * ( 1 - 0% )/( (0 + 149.793)/ 1 )
=0.092/149.793
=0.06 %

where

Invested Capital(Q: Jun. 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: Sep. 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))
=149.949 - 0 - ( 0.156 - max(0, 3.333 - 108.785+0.156))
=149.793

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

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

Achal Investments's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2019 is calculated as:

ROC (Joel Greenblatt) %(Q: Sep. 2019 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2019  Q: Sep. 2019
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=0.092/( ( (0 + max(0, 0)) + (0.022 + max(-2.424, 0)) )/ 1 )
=0.092/( ( 0 + 0.022 )/ 1 )
=0.092/0.022
=418.18 %

where Working Capital is:

Working Capital(Q: Jun. 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: Sep. 2019 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0.70399999999999) - (0 + 0 + 3.128)
=-2.424

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Sep. 2019) EBIT data.

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2019 )
=0.11/17.667
=0.62 %

* 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.

Achal Investments EBIT Related Terms

Achal Investments EBIT Historical Data

* Premium members only.

The historical data trend for Achal Investments'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.

Achal Investments EBIT Chart

Achal Investments Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19
EBIT
Get a 7-Day Free Trial 1.39 -0.15 1.00 0.63 0.00

Achal Investments Quarterly Data
Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19
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 0.08 0.05 0.00 0.04 0.02

BOM:538570 vs ARST: EBIT Comparison

For the Credit Services subindustry, Achal Investments'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.

Achal Investments EV-to-EBIT vs Credit Services Industry

For the Credit Services industry and Financial Services sector, Achal Investments's EV-to-EBIT distribution charts can be found below:

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


BOM:538570
4GF Score
Achal Investments Ltd BOM:538570
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Achal Investments 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 Sep. 2019 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹0.11 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 ₹0.11 Mil mean?
Achal Investments (BOM:538570) has a EBIT of ₹0.11 Mil as of Sep. 2019. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Achal Investments.
Is Achal Investments' EBIT too high?
Achal Investments' current EBIT is ₹0.11 Mil. Overall, Achal Investments has a GF Score™ of 4/100, reflecting its overall financial health beyond just this single metric.
How does Achal Investments' EBIT compare to ARST?
Achal Investments' EBIT of ₹0.11 Mil can be compared against companies in the Credit Services 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 Credit Services company?
A good EBIT depends on the Credit Services 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 Achal Investments. Achal Investments's current EBIT is ₹0.11 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Achal Investments stock overvalued right now?
Achal Investments (BOM:538570) has a current EBIT of ₹0.11 Mil. The current EBIT is ₹0.11 Mil. Achal Investments' 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 Achal Investments (BOM:538570), the current EBIT is ₹0.11 Mil as of Sep. 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.

Achal Investments Business Description

Address Office Number 208, 2nd Floor, Plot Number A-1 Madhuban Tower, Veer Savarkar Block, Shakarpur East, Delhi, IND, 110092
Achal Investments Ltd is engaged in providing term loan and working capital. The company is engaged in the business of financing, encouraging, promoting and assisting in the establishment and growth of industries and industrial undertakings. Achal Investments focuses on Small Finance and works with low-income families to provide financial solutions. It is also in the business of providing term loan and working capital support to traders and medium-sized enterprises.
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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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