GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Gleam Fabmat Ltd (BOM:542477) » Definitions » EBIT

Gleam Fabmat (BOM:542477) EBIT : ₹0.96 Mil (TTM As of Mar. 2024)


View and export this data going back to 2019. Start your Free Trial

What is Gleam Fabmat EBIT?

Gleam Fabmat's earnings before interest and taxes (EBIT) for the six months ended in Mar. 2024 was ₹1.61 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was ₹0.96 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Gleam Fabmat's annualized ROC % for the quarter that ended in Mar. 2024 was -0.14%. Gleam Fabmat's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 4.18%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Gleam Fabmat's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 1.37%.


Gleam Fabmat EBIT Historical Data

The historical data trend for Gleam Fabmat'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.

Gleam Fabmat EBIT Chart

Gleam Fabmat Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
EBIT
Get a 7-Day Free Trial 1.31 0.03 -0.11 -0.45 0.96

Gleam Fabmat Semi-Annual Data
Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.34 -0.08 -0.37 -0.66 1.61

Competitive Comparison of Gleam Fabmat's EBIT

For the Aluminum subindustry, Gleam Fabmat'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.


Gleam Fabmat's EV-to-EBIT Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Gleam Fabmat's EV-to-EBIT distribution charts can be found below:

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



Gleam Fabmat 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. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was ₹0.96 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.


Gleam Fabmat  (BOM:542477) EBIT Explanation

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

Gleam Fabmat's annualized ROC % for the quarter that ended in Mar. 2024 is calculated as:

ROC % (Q: Mar. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Sep. 2023 ) + Invested Capital (Q: Mar. 2024 ))/ count )
=-0.274 * ( 1 - 7.82% )/( (180.899 + 178.689)/ 2 )
=-0.2525732/179.794
=-0.14 %

where

Note: The Operating Income data used here is two times the semi-annual (Mar. 2024) data.

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

Gleam Fabmat's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Sep. 2023  Q: Mar. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=3.224/( ( (0.034 + max(76.111, 0)) + (0.359 + max(77.579, 0)) )/ 2 )
=3.224/( ( 76.145 + 77.938 )/ 2 )
=3.224/77.0415
=4.18 %

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)
=(93.615 + 30.444 + 0.37300000000002) - (17.038 + 0 + 31.283)
=76.111

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(90.073 + 30.476 + 1.373) - (16.352 + 0 + 27.991)
=77.579

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Mar. 2024) EBIT data.

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=0.956/69.838
=1.37 %

* 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.


Gleam Fabmat EBIT Related Terms

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


Gleam Fabmat (BOM:542477) Business Description

Traded in Other Exchanges
N/A
Address
Prahladnagar Trade Center Radio Mirchi Road, D-1209, Vejalpur, Ahmedabad, GJ, IND, 380051
Gleam Fabmat Ltd is engaged in two primary businesses Segment Trading in aluminum and allied metal products and Trading in textiles products Trading in aluminum and allied metal products have a major contribution towards total Revenue.

Gleam Fabmat (BOM:542477) Headlines

No Headlines