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MRS Logistica (BSP:MRSA6B) EBIT : R$2,216 Mil (TTM As of Dec. 2023)


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What is MRS Logistica EBIT?

MRS Logistica's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2023 was R$537 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was R$2,216 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. MRS Logistica's annualized ROC % for the quarter that ended in Dec. 2023 was 14.39%. MRS Logistica's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 17.66%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. MRS Logistica's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 15.26%.


MRS Logistica EBIT Historical Data

The historical data trend for MRS Logistica'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.

MRS Logistica EBIT Chart

MRS Logistica Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 950.10 819.34 1,264.07 1,553.08 2,215.88

MRS Logistica Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 413.26 328.97 602.88 747.14 537.01

Competitive Comparison of MRS Logistica's EBIT

For the Railroads subindustry, MRS Logistica'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.


MRS Logistica's EV-to-EBIT Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, MRS Logistica's EV-to-EBIT distribution charts can be found below:

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



MRS Logistica 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 Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was R$2,216 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.


MRS Logistica  (BSP:MRSA6B) EBIT Explanation

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

MRS Logistica's annualized ROC % for the quarter that ended in Dec. 2023 is calculated as:

ROC % (Q: Dec. 2023 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Sep. 2023 ) + Invested Capital (Q: Dec. 2023 ))/ count )
=2982.384 * ( 1 - 28.05% )/( (14401.502 + 15422.44)/ 2 )
=2145.825288/14911.971
=14.39 %

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))
=15355.351 - 1107.653 - ( 1743.741 - max(0, 2830.912 - 2677.108+1743.741))
=14401.502

Invested Capital(Q: Dec. 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))
=18065.072 - 1357.681 - ( 3385.798 - max(0, 3342.471 - 4627.422+3385.798))
=15422.44

Note: The Operating Income data used here is four times the quarterly (Dec. 2023) data.

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

MRS Logistica's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 is calculated as:

ROC (Joel Greenblatt) %(Q: Dec. 2023 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Sep. 2023  Q: Dec. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=2148.048/( ( (11912.448 + max(-489.714, 0)) + (12409.286 + max(-562.482, 0)) )/ 2 )
=2148.048/( ( 11912.448 + 12409.286 )/ 2 )
=2148.048/12160.867
=17.66 %

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)
=(215.525 + 263.124 + 443.249) - (1107.653 + 0 + 303.959)
=-489.714

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(450.308 + 282.163 + 492.628) - (1357.681 + 0 + 429.9)
=-562.482

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Dec. 2023) EBIT data.

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

MRS Logistica's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2023 )
=2215.99/14518.713
=15.26 %

* 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.


MRS Logistica EBIT Related Terms

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MRS Logistica (BSP:MRSA6B) Business Description

Traded in Other Exchanges
Address
Praia de Botafogo 228, Sala 1201 E, Rio de Janeiro, RJ, BRA, 22250906
MRS Logistica SA is a publicly-held corporation engaged in the transportation services. The company operates a public railway transportation concession in the Southeast network, located in the States of Rio de Janeiro, Sao Paulo, and Minas Gerais. It interconnects the states of Rio de Janeiro, Minas Gerais, and Sao Paulo, spanning through the region that concentrates approximately 50% of Brazil's gross domestic product. Through MRS' railways, it also provides transport to reach the ports of Itaguai and Santos and Latin America. The company generates its entire revenue from providing cargo transport services in the Southeast Brazil.

MRS Logistica (BSP:MRSA6B) Headlines

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