GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Polyspin Exports Ltd (BOM:539354) » Definitions » EBIT

Polyspin Exports (BOM:539354) EBIT : ₹25 Mil (TTM As of Jun. 2024)


View and export this data going back to 2006. Start your Free Trial

What is Polyspin Exports EBIT?

Polyspin Exports's earnings before interest and taxes (EBIT) for the three months ended in Jun. 2024 was ₹27 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2024 was ₹25 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Polyspin Exports's annualized ROC % for the quarter that ended in Jun. 2024 was 6.72%. Polyspin Exports's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was 9.04%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Polyspin Exports's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was 2.26%.


Polyspin Exports EBIT Historical Data

The historical data trend for Polyspin Exports'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.

Polyspin Exports EBIT Chart

Polyspin Exports Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 119.75 160.71 181.04 56.03 -5.37

Polyspin Exports Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 -4.08 29.80 -14.52 -16.58 26.77

Competitive Comparison of Polyspin Exports's EBIT

For the Packaging & Containers subindustry, Polyspin Exports'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.


Polyspin Exports's EV-to-EBIT Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Polyspin Exports's EV-to-EBIT distribution charts can be found below:

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



Polyspin Exports 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 Jun. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹25 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.


Polyspin Exports  (BOM:539354) EBIT Explanation

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

Polyspin Exports's annualized ROC % for the quarter that ended in Jun. 2024 is calculated as:

ROC % (Q: Jun. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Mar. 2024 ) + Invested Capital (Q: Jun. 2024 ))/ count )
=68.836 * ( 1 - -31.11% )/( (1343.209 + 0)/ 1 )
=90.2508796/1343.209
=6.72 %

where

Invested Capital(Q: Mar. 2024 )
=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))
=1593.353 - 168.423 - ( 81.721 - max(0, 773.644 - 969.317+81.721))
=1343.209

Note: The Operating Income data used here is four times the quarterly (Jun. 2024) data.

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

Polyspin Exports's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Jun. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Mar. 2024  Q: Jun. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=107.06/( ( (528.866 + max(656.072, 0)) + (0 + max(0, 0)) )/ 1 )
=107.06/( ( 1184.938 + 0 )/ 1 )
=107.06/1184.938
=9.04 %

where Working Capital is:

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(294.857 + 368.081 + 224.652) - (168.423 + 0 + 63.095)
=656.072

Working Capital(Q: Jun. 2024 )
=(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 (Jun. 2024) EBIT data.

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jun. 2024 )
=25.469/1125.631
=2.26 %

* 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.


Polyspin Exports EBIT Related Terms

Thank you for viewing the detailed overview of Polyspin Exports's EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.


Polyspin Exports Business Description

Traded in Other Exchanges
N/A
Address
1, Railway Feeder Road, Cholapuram South, Rajapalayam, TN, IND, 626139
Polyspin Exports Ltd is engaged in the manufacturing, selling, and export of polypropylene woven flexible intermediate bulk container bags. It offers products, such as Baffle/Q bags, Tubular coated bags, Asbestos plate bags, Normal u-panel bags, Container bags, Full discharge bags, One/two-loop bags, Single/double/triple sift-proof bags, UN certified bags, Under sling bags, and Circular bulk bags. The segments of the group are FIBC Bags, Fabric, Yarn, which is the prime revenue driver; and Cotton Yarn. The group sells its products in India and also exports it to the other countries.

Polyspin Exports Headlines

No Headlines