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Randon Implementos E Participacoes (BSP:RAPT4) EBIT : R$1,853 Mil (TTM As of Dec. 2023)


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What is Randon Implementos E Participacoes EBIT?

Randon Implementos E Participacoes's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2023 was R$293 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was R$1,853 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Randon Implementos E Participacoes's annualized ROC % for the quarter that ended in Dec. 2023 was 6.97%. Randon Implementos E Participacoes's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 25.07%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Randon Implementos E Participacoes's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 29.89%.


Randon Implementos E Participacoes EBIT Historical Data

The historical data trend for Randon Implementos E Participacoes'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.

Randon Implementos E Participacoes EBIT Chart

Randon Implementos E Participacoes 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 631.56 1,383.07 1,256.08 1,417.17 1,520.72

Randon Implementos E Participacoes 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 290.23 424.15 567.29 568.70 292.56

Competitive Comparison of Randon Implementos E Participacoes's EBIT

For the Farm & Heavy Construction Machinery subindustry, Randon Implementos E Participacoes'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.


Randon Implementos E Participacoes's EV-to-EBIT Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Randon Implementos E Participacoes's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Randon Implementos E Participacoes's EV-to-EBIT falls into.



Randon Implementos E Participacoes 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$1,853 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.


Randon Implementos E Participacoes  (BSP:RAPT4) EBIT Explanation

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

Randon Implementos E Participacoes'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 )
=802.06 * ( 1 - 26.17% )/( (8873.482 + 8119.679)/ 2 )
=592.160898/8496.5805
=6.97 %

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))
=12767.413 - 1489.036 - ( 2404.895 - max(0, 3551.919 - 7444.752+2404.895))
=8873.482

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))
=12820.143 - 1835.605 - ( 2864.859 - max(0, 4070.902 - 7387.648+2864.859))
=8119.679

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

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

Randon Implementos E Participacoes'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 )
=1170.228/( ( (2496.987 + max(2589.794, 0)) + (2544.611 + max(1704.905, 0)) )/ 2 )
=1170.228/( ( 5086.781 + 4249.516 )/ 2 )
=1170.228/4668.1485
=25.07 %

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)
=(2315.075 + 2103.416 + 621.366) - (1489.036 + 0 + 961.027)
=2589.794

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(2139.863 + 1766.662 + 616.264) - (1835.605 + 0 + 982.279)
=1704.905

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:

Randon Implementos E Participacoes's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2023 )
=1852.693/6199.086
=29.89 %

* 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.


Randon Implementos E Participacoes EBIT Related Terms

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Randon Implementos E Participacoes (BSP:RAPT4) Business Description

Traded in Other Exchanges
Address
Av Abramo Randon 770, Caxias Do Sul, RS, BRA, 95055010
Randon SA Implementos E Participacoes is a Brazil-based company primarily engaged in the manufacture of heavy vehicles and parts. The company is engaged in the following segments Road / Railroad Equipment & Specialty Vehicles, Auto Parts and Services and others. Its products include various wagon types, platform, tank, sider and telescopic, as well as off-road trucks, truck bodies, trailers and semi-trailers, brake and transmission system. The firm generates its major part of the revenue from road, railroad equipment and specialty vehicles segment.

Randon Implementos E Participacoes (BSP:RAPT4) Headlines

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