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Appollo Ispat Complex (DHA:APOLOISPAT) EBIT : BDT532 Mil (TTM As of Mar. 2019)


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What is Appollo Ispat Complex EBIT?

Appollo Ispat Complex's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2019 was BDT171 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2019 was BDT532 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Appollo Ispat Complex's annualized ROC % for the quarter that ended in Mar. 2019 was 2.16%. Appollo Ispat Complex's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2019 was 5.57%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Appollo Ispat Complex's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2019 was 21.01%.


Appollo Ispat Complex EBIT Historical Data

The historical data trend for Appollo Ispat Complex'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.

Appollo Ispat Complex EBIT Chart

Appollo Ispat Complex Annual Data
Trend Jun13 Jun14 Jun15 Jun16 Jun17 Jun18
EBIT
Get a 7-Day Free Trial 885.61 1,018.29 1,050.39 1,047.67 606.18

Appollo Ispat Complex Quarterly Data
Mar14 Jun14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19
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 120.11 142.30 100.64 117.80 171.30

Competitive Comparison of Appollo Ispat Complex's EBIT

For the Steel subindustry, Appollo Ispat Complex'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.


Appollo Ispat Complex's EV-to-EBIT Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Appollo Ispat Complex's EV-to-EBIT distribution charts can be found below:

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



Appollo Ispat Complex 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 Mar. 2019 adds up the quarterly data reported by the company within the most recent 12 months, which was BDT532 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.


Appollo Ispat Complex  (DHA:APOLOISPAT) EBIT Explanation

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

Appollo Ispat Complex's annualized ROC % for the quarter that ended in Mar. 2019 is calculated as:

ROC % (Q: Mar. 2019 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2018 ) + Invested Capital (Q: Mar. 2019 ))/ count )
=394.784 * ( 1 - 29.62% )/( (12813.777 + 12858.729)/ 2 )
=277.8489792/12836.253
=2.16 %

where

Invested Capital(Q: Dec. 2018 )
=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))
=13069.685 - 35.871 - ( 220.037 - max(0, 4471.972 - 7846.939+220.037))
=12813.777

Invested Capital(Q: Mar. 2019 )
=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))
=12928.795 - 22.068 - ( 47.998 - max(0, 3683.416 - 7781.704+47.998))
=12858.729

Note: The Operating Income data used here is four times the quarterly (Mar. 2019) data.

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

Appollo Ispat Complex's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2019 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2019 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2018  Q: Mar. 2019
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=685.204/( ( (5122.428 + max(7128.44, 0)) + (5046.773 + max(7289.527, 0)) )/ 2 )
=685.204/( ( 12250.868 + 12336.3 )/ 2 )
=685.204/12293.584
=5.57 %

where Working Capital is:

Working Capital(Q: Dec. 2018 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(3638.682 + 1201.829 + 2748.048) - (35.871 + 0 + 424.248)
=7128.44

Working Capital(Q: Mar. 2019 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(3632.807 + 1314.44 + 2786.459) - (22.068 + 0 + 422.111)
=7289.527

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2019) EBIT data.

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

Appollo Ispat Complex's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2019 )
=532.042/2532.530
=21.01 %

* 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.


Appollo Ispat Complex EBIT Related Terms

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Appollo Ispat Complex Business Description

Traded in Other Exchanges
N/A
Address
407, Tejgaon Industrial Area, 4th Floor, Phoenix Tower, Dhaka, BGD, 1208
Appollo Ispat Complex Ltd manufactures and sells corrugated iron sheets in Bangladesh and internationally. It offers cold rolled coils; iron or steel galvanized sheets/coils; and ridges. The company's products are used for roofing of new factories, warehouses, and sheds in industrial applications; roofing cow sheds, the roofing and side fencing of poultry farms, and the fencing of agricultural projects; and roofing small shops, shutter as well as for fencing around the construction area.

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