GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Meson Valves India Ltd (BOM:543982) » Definitions » EBIT

Meson Valves India (BOM:543982) EBIT : ₹156.9 Mil (TTM As of Sep. 2024)


View and export this data going back to 2023. Start your Free Trial

What is Meson Valves India EBIT?

Meson Valves India's earnings before interest and taxes (EBIT) for the six months ended in Sep. 2024 was ₹56.8 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2024 was ₹156.9 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Meson Valves India's annualized ROC % for the quarter that ended in Sep. 2024 was 13.72%. Meson Valves India's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 20.39%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Meson Valves India's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 5.31%.


Meson Valves India EBIT Historical Data

The historical data trend for Meson Valves India'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.

Meson Valves India EBIT Chart

Meson Valves India Annual Data
Trend Mar21 Mar22 Mar23 Mar24
EBIT
3.24 31.09 69.88 137.22

Meson Valves India Semi-Annual Data
Mar21 Mar22 Mar23 Sep23 Mar24 Sep24
EBIT Get a 7-Day Free Trial - - 37.17 100.06 56.81

Competitive Comparison of Meson Valves India's EBIT

For the Specialty Industrial Machinery subindustry, Meson Valves India'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.


Meson Valves India's EV-to-EBIT Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Meson Valves India's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Meson Valves India's EV-to-EBIT falls into.



Meson Valves India 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 ₹156.9 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.


Meson Valves India  (BOM:543982) EBIT Explanation

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

Meson Valves India'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 )
=113.006 * ( 1 - 25.24% )/( (676.892 + 554.282)/ 2 )
=84.4832856/615.587
=13.72 %

where

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))
=1039.763 - 299.573 - ( 185.908 - max(0, 347.591 - 846.456+185.908))
=554.282

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:

Meson Valves India'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 )
=113.62/( ( (175.52 + max(446.167, 0)) + (179.937 + max(312.872, 0)) )/ 2 )
=113.62/( ( 621.687 + 492.809 )/ 2 )
=113.62/557.248
=20.39 %

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)
=(348.259 + 146.986 + 135.602) - (139.533 + 0 + 45.147)
=446.167

Working Capital(Q: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(390.605 + 124.11 + 144.185) - (299.573 + 0 + 46.455)
=312.872

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:

Meson Valves India's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2024 )
=156.866/2952.201
=5.31 %

* 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.


Meson Valves India EBIT Related Terms

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


Meson Valves India Business Description

Traded in Other Exchanges
N/A
Address
Plot No. L-45, First Floor, Software Technology Park, Verna Industrial Estate, Salcete, Verna, Goa, GA, IND, 403722
Meson Valves India Ltd is a company involved in Designing, Manufacturing, and supplying various types of Valves in Ferrous and Non-Ferrous materials. It consists of various types of Manual as well as actuator (Electric/Hydraulic/Pneumatic) operated valves for ON-Off and Controlling applications. It supplies mainly to the Naval, Oil, and Gas industries, Power, Refineries, and General Industries, both in domestic and international markets.

Meson Valves India Headlines

No Headlines