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Sai Swami Metals & Alloys (BOM:544170) EBIT : ₹ Mil (TTM As of Sep. 2024)


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What is Sai Swami Metals & Alloys EBIT?

Sai Swami Metals & Alloys's earnings before interest and taxes (EBIT) for the six months ended in Sep. 2024 was ₹23.9 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Sai Swami Metals & Alloys's annualized ROC % for the quarter that ended in Sep. 2024 was 15.09%. Sai Swami Metals & Alloys's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 25.18%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield.

Sai Swami Metals & Alloys EBIT Historical Data

The historical data trend for Sai Swami Metals & Alloys'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.

Sai Swami Metals & Alloys EBIT Chart

Sai Swami Metals & Alloys Annual Data
Trend Mar23
EBIT
0.36

Sai Swami Metals & Alloys Semi-Annual Data
Mar23 Sep23 Sep24
EBIT - 15.46 23.90

Competitive Comparison of Sai Swami Metals & Alloys's EBIT

For the Steel subindustry, Sai Swami Metals & Alloys'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.

Sai Swami Metals & Alloys's EV-to-EBIT Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Sai Swami Metals & Alloys's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Sai Swami Metals & Alloys's EV-to-EBIT falls into.


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Sai Swami Metals & Alloys 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 ₹ 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.

Sai Swami Metals & Alloys  (BOM:544170) EBIT Explanation

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

Sai Swami Metals & Alloys'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 )
=47.794 * ( 1 - 25.68% )/( (127.35 + 343.384)/ 2 )
=35.5205008/235.367
=15.09 %

where

Invested Capital(Q: Sep. 2023 )
=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))
=288.792 - 153.878 - ( 7.564 - max(0, 224.395 - 277.604+7.564))
=127.35

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))
=424.188 - 67.386 - ( 13.418 - max(0, 187.361 - 409.026+13.418))
=343.384

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:

Sai Swami Metals & Alloys'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 )
=47.792/( ( (3.38 + max(112.087, 0)) + (3.154 + max(260.951, 0)) )/ 2 )
=47.792/( ( 115.467 + 264.105 )/ 2 )
=47.792/189.786
=25.18 %

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)
=(157.862 + 108.927 + 3.059) - (153.878 + 0 + 3.883)
=112.087

Working Capital(Q: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(171.743 + 127.169 + 55.016) - (67.386 + 0 + 25.591)
=260.951

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:

Sai Swami Metals & Alloys's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2024 )
=/318.288
= %

* 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.

Sai Swami Metals & Alloys EBIT Related Terms

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Sai Swami Metals & Alloys Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Sai Swami Metals & Alloys Ltd (BOM:544170) » Definitions » EBIT
Comparable Companies
NSE:AGUL BOM:523832 NSE:QFIL BOM:513422 BOM:513401 NSE:QVCEL BOM:536659 BOM:513343 BOM:531539 BOM:539798 BOM:500228 NUE TSE:5401 NSE:TATASTEEL XAMS:MT SHSE:600019 STLD RS XKRX:005490 SHSE:600010
Traded in Other Exchanges
N/A
Address
05, Harekrishana Industrial Estate Bakrol, Daskroi, Ahmedabad, GJ, IND, 382430
Website
https://www.saiswamimetals.com
Sai Swami Metals & Alloys Ltd is involved in the trading and marketing of a comprehensive array of stainless steel products. Its product range includes kitchenware, including Dinner Sets, S.S. Casseroles, S.S. Multi Kadai, S.S. Water Bottles, Stainless Steel Sheets, Stainless Steel Circles, and various types of utensils. Also engaged in trading of basic raw material like S.S. Patta, S.S. Sheet, S.S. Coil, S.S. Scrap, S.S. Pipe, M.S. Round (Mild Steel Round) and M.S. beam.

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