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Emmforce Autotech (BOM:544166) EBIT : ₹55.4 Mil (TTM As of Sep. 2024)


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What is Emmforce Autotech EBIT?

Emmforce Autotech's earnings before interest and taxes (EBIT) for the six months ended in Sep. 2024 was ₹55.4 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2024 was ₹55.4 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Emmforce Autotech's annualized ROC % for the quarter that ended in Sep. 2024 was 5.84%. Emmforce Autotech's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 16.11%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Emmforce Autotech's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 3.35%.


Emmforce Autotech EBIT Historical Data

The historical data trend for Emmforce Autotech'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.

Emmforce Autotech EBIT Chart

Emmforce Autotech Annual Data
Trend Mar21 Mar22 Mar23
EBIT
96.88 130.84 91.53

Emmforce Autotech Semi-Annual Data
Mar21 Mar22 Mar23 Sep23 Sep24
EBIT - - - - 55.43

Competitive Comparison of Emmforce Autotech's EBIT

For the Auto Parts subindustry, Emmforce Autotech'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.


Emmforce Autotech's EV-to-EBIT Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Emmforce Autotech's EV-to-EBIT distribution charts can be found below:

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


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Emmforce Autotech 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 ₹55.4 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.


Emmforce Autotech  (BOM:544166) EBIT Explanation

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

Emmforce Autotech'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: Sep. 2023 ) + Invested Capital (Q: Sep. 2024 ))/ count )
=66.016 * ( 1 - 22.82% )/( (0 + 872.842)/ 1 )
=50.9511488/872.842
=5.84 %

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))
=1248.204 - 116.328 - ( 259.034 - max(0, 279.156 - 721.613+259.034))
=872.842

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:

Emmforce Autotech'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: Sep. 2023  Q: Sep. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=110.864/( ( (0 + max(0, 0)) + (510.075 + max(178.303, 0)) )/ 1 )
=110.864/( ( 0 + 688.378 )/ 1 )
=110.864/688.378
=16.11 %

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)
=(0 + 0 + 0) - (0 + 0 + 0)
=0

Working Capital(Q: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(206.303 + 94.728 + 41.759) - (116.328 + 0 + 48.159)
=178.303

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:

Emmforce Autotech's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2024 )
=55.432/1656.456
=3.35 %

* 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.


Emmforce Autotech EBIT Related Terms

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Emmforce Autotech Business Description

Traded in Other Exchanges
N/A
Address
3 and 5 EPIP Phase I, Jharmajri, Baddi, Distt Solan, Solan, HP, IND, 173205
Emmforce Autotech Ltd is engaged in the business of manufacturing niche automotive drivetrain parts like Differential Housings, Differential Lockers, Differential Covers,4WD Locking Hubs, Spindles, Axles & Shafts, Gear Shifters, Yokes, Differential Spools, Differential Tools and various differential forged/cast parts mainly for 4-wheel Drive and performance racing vehicles.

Emmforce Autotech Headlines

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