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Cube Highways Trust (BOM:543899) EBIT : ₹10,919 Mil (TTM As of Sep. 2024)


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What is Cube Highways Trust EBIT?

Cube Highways Trust's earnings before interest and taxes (EBIT) for the six months ended in Sep. 2024 was ₹5,245 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2024 was ₹10,919 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Cube Highways Trust's annualized ROC % for the quarter that ended in Sep. 2024 was 7.90%. Cube Highways Trust's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 3,958.92%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Cube Highways Trust's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 4.25%.

Cube Highways Trust EBIT Historical Data

The historical data trend for Cube Highways Trust'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.

Cube Highways Trust EBIT Chart

Cube Highways Trust Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24
EBIT
5,262.57 8,634.46 4,857.01 -277.88 1,780.74

Cube Highways Trust Semi-Annual Data
Mar20 Mar21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24
EBIT Get a 7-Day Free Trial -134.39 -143.49 -3,893.27 5,674.01 5,245.37

Competitive Comparison of Cube Highways Trust's EBIT

For the Infrastructure Operations subindustry, Cube Highways Trust'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.

Cube Highways Trust's EV-to-EBIT Distribution in the Construction Industry

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

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


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Cube Highways Trust 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. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was ₹10,919 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.

Cube Highways Trust  (BOM:543899) EBIT Explanation

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

Cube Highways Trust's annualized ROC % for the quarter that ended in Sep. 2024 is calculated as:

ROC % (Q: Sep. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Mar. 2024 ) + Invested Capital (Q: Sep. 2024 ))/ count )
=8941.58 * ( 1 - -104.51% )/( (231522.35 + 0)/ 1 )
=18286.425258/231522.35
=7.90 %

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))
=246257.52 - 3263.31 - ( 17411.07 - max(0, 11302.43 - 22774.29+17411.07))
=231522.35

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

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

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

Cube Highways Trust's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Sep. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Mar. 2024  Q: Sep. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=10490.74/( ( (264.99 + max(-2176.19, 0)) + (0 + max(0, 0)) )/ 1 )
=10490.74/( ( 264.99 + 0 )/ 1 )
=10490.74/264.99
=3,958.92 %

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)
=(600.79 + 223.64 + 3579.32) - (3263.31 + 0 + 3316.63)
=-2176.19

Working Capital(Q: Sep. 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 two times the semi-annual (Sep. 2024) EBIT data.

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

Cube Highways Trust's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2024 )
=10919.38/256748.235
=4.25 %

* 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.

Cube Highways Trust EBIT Related Terms

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Cube Highways Trust Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Cube Highways Trust (BOM:543899) » Definitions » EBIT
Comparable Companies
NSE:SHREMINVIT BOM:532947 BOM:540526 BOM:532430 BOM:540700 BOM:543364 BOM:532759 BOM:531537 BOM:542057 BOM:531328 XAMS:FER ASX:TCL SZSE:001965 DFM:SALIK SHSE:600377 SHSE:600350 MEX:IDEALB-1 ASX:ALX HKSE:00576 VRRM
Traded in Other Exchanges
CUBEINVIT:India
Address
Unit No. 1901, Tower-B, World Trade Tower, Plot No. C-1, 19th Floor, Sector-16, Noida, UP, IND, 201301
Website
https://www.cubehighwaystrust.com
Cube Highways Trust is an Indian infrastructure investment trust sponsored by Cube Highways and Infrastructure Pte. Ltd. and Cube Highways and Infrastructure III Pte. Ltd., established to acquire and operate road assets in India and registered under the InvIT Regulations. The Cube Group is implementing the public-private partnership (PPP) model in the country's highways sector to operate and manage highway projects in association with the central and state governments.

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