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Three M Paper Boards (BOM:544214) EBIT : ₹187 Mil (TTM As of Sep. 2024)


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What is Three M Paper Boards EBIT?

Three M Paper Boards's earnings before interest and taxes (EBIT) for the six months ended in Sep. 2024 was ₹73 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2024 was ₹187 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Three M Paper Boards's annualized ROC % for the quarter that ended in Sep. 2024 was 10.93%. Three M Paper Boards's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 10.74%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Three M Paper Boards's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 15.27%.


Three M Paper Boards EBIT Historical Data

The historical data trend for Three M Paper Boards'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.

Three M Paper Boards EBIT Chart

Three M Paper Boards Annual Data
Trend Mar21 Mar22 Mar23 Mar24
EBIT
83.75 107.78 147.21 198.23

Three M Paper Boards Semi-Annual Data
Mar21 Mar22 Mar23 Sep23 Mar24 Sep24
EBIT Get a 7-Day Free Trial - - 84.57 113.66 73.07

Competitive Comparison of Three M Paper Boards's EBIT

For the Paper & Paper Products subindustry, Three M Paper Boards'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.


Three M Paper Boards's EV-to-EBIT Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Three M Paper Boards's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Three M Paper Boards's EV-to-EBIT falls into.


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Three M Paper Boards 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 ₹187 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.


Three M Paper Boards  (BOM:544214) EBIT Explanation

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

Three M Paper Boards'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 )
=130.978 * ( 1 - -25.49% )/( (1447.204 + 1559.284)/ 2 )
=164.3642922/1503.244
=10.93 %

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))
=1951.988 - 503.882 - ( 0.902 - max(0, 914.709 - 1149.995+0.902))
=1447.204

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))
=2082.355 - 474.077 - ( 48.994 - max(0, 860.644 - 1175.291+48.994))
=1559.284

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:

Three M Paper Boards'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 )
=146.148/( ( (780.48 + max(621.018, 0)) + (884.983 + max(435.728, 0)) )/ 2 )
=146.148/( ( 1401.498 + 1320.711 )/ 2 )
=146.148/1361.1045
=10.74 %

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)
=(542.021 + 293.931 + 313.064) - (503.882 + 0 + 24.116)
=621.018

Working Capital(Q: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(507.247 + 359.896 + 74.895) - (474.077 + 0 + 32.233)
=435.728

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:

Three M Paper Boards's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2024 )
=186.738/1222.624
=15.27 %

* 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.


Three M Paper Boards EBIT Related Terms

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Three M Paper Boards Business Description

Traded in Other Exchanges
N/A
Address
5-B Naigaon Cross Road, A33 & 34, Floor-2, Royal Industrial Estate, Wadala, Mumbai, MH, IND, 400031
Three M Paper Boards Ltd is engaged in the business of manufacturing recycled paper-based Duplex Board products used in various packaging applications across industries such as food and beverage, pharmaceuticals, cosmetics, and consumer goods and supplies. The products are made out of recycled waste paper and are completely biodegradable. Its products include Royal WB, Royal GB, and Prima GB. The company is also engaged in the activity of generation of Wind Energy.

Three M Paper Boards Headlines

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