Massuh (BUE:MASU6.PFD) EBIT: ARS-16.53 Mil (TTM As of Jun. 2008)


What is Massuh EBIT?

Massuh BUE:MASU6.PFD EBIT is ARS-16.53 Mil as of Jun. 2008.

Massuh's earnings before interest and taxes (EBIT) for the six months ended in Jun. 2008 was ARS-16.53 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2008 was ARS-16.53 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Massuh's annualized ROC % for the quarter that ended in Jun. 2008 was -2.63%. Massuh's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2008 was -4.91%.

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

Massuh  (BUE:MASU6.PFD) EBIT Explanation

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

Massuh's annualized ROC % for the quarter that ended in Jun. 2008 is calculated as:

ROC % (Q: Jun. 2008 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jun. 2007 ) + Invested Capital (Q: Jun. 2008 ))/ count )
=-16.529 * ( 1 - 25.96% )/( (445.603 + 486.542)/ 2 )
=-12.2380716/466.0725
=-2.63 %

where

Invested Capital(Q: Jun. 2007 )
=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))
=455.321 - 81.524 - ( 0.066 - max(0, 141.057 - 69.251+0.066))
=445.603

Invested Capital(Q: Jun. 2008 )
=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))
=403.82 - 91.271 - ( 0.065 - max(0, 242.154 - 68.161+0.065))
=486.542

Note: The Operating Income data used here is one times the annual (Jun. 2008) data.

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

Massuh's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2008 is calculated as:

ROC (Joel Greenblatt) %(Q: Jun. 2008 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2007  Q: Jun. 2008
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-16.529/( ( (358.784 + max(-37.686, 0)) + (314.634 + max(-73.321, 0)) )/ 2 )
=-16.529/( ( 358.784 + 314.634 )/ 2 )
=-16.529/336.709
=-4.91 %

where Working Capital is:

Working Capital(Q: Jun. 2007 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(14.782 + 46.81 + 7.593) - (81.524 + 0 + 25.347)
=-37.686

Working Capital(Q: Jun. 2008 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(9.041 + 42.346 + 16.709) - (91.271 + 0 + 50.146)
=-73.321

When net working capital is negative, 0 is used.

Note: The EBIT data used here is one times the annual (Jun. 2008) EBIT data.

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jun. 2008 )
=-16.529/0.000
= %

* 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.

Massuh EBIT Related Terms

Massuh EBIT Historical Data

* Premium members only.

The historical data trend for Massuh'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.

Massuh EBIT Chart

Massuh Annual Data
Trend Jun03 Jun04 Jun05 Jun06 Jun07 Jun08
EBIT
Get a 7-Day Free Trial 42.28 26.11 8.45 2.81 -16.53

Massuh Semi-Annual Data
Jun03 Jun04 Jun05 Jun06 Jun07 Jun08
EBIT Get a 7-Day Free Trial 42.28 26.11 8.45 2.81 -16.53

Massuh EBIT Competitor Comparison

For the Paper & Paper Products subindustry, Massuh'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.

Massuh EV-to-EBIT vs Forest Products Industry

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

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


Massuh 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.

For stock reported annually, GuruFocus uses latest annual data as the TTM data. EBIT for the trailing twelve months (TTM) ended in Jun. 2008 was ARS-16.53 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.

Frequently Asked Questions Learn more about EBIT →
What does a EBIT of ARS-16.53 Mil mean?
Massuh (BUE:MASU6.PFD) has a EBIT of ARS-16.53 Mil as of Jun. 2008. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Massuh.
Is Massuh's EBIT too high?
Massuh's current EBIT is ARS-16.53 Mil.
How does Massuh's EBIT compare to competitors?
Massuh's EBIT of ARS-16.53 Mil can be compared against companies in the Forest Products industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBIT for a Forest Products company?
A good EBIT depends on the Forest Products industry context. However, EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EBIT mean?
A high EBIT can signal that a stock is expensive relative to its fundamentals. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Massuh. Massuh's current EBIT is ARS-16.53 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Massuh stock overvalued right now?
Massuh (BUE:MASU6.PFD) has a current EBIT of ARS-16.53 Mil. The current EBIT is ARS-16.53 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBIT calculated?
EBIT is calculated from a company's financial statements. For Massuh (BUE:MASU6.PFD), the current EBIT is ARS-16.53 Mil as of Jun. 2008. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Massuh Business Description

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