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


DHA:APOLOISPAT Appollo Ispat Complex Ltd DHA:APOLOISPAT
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What is Appollo Ispat Complex EBIT?

Appollo Ispat Complex DHA:APOLOISPAT 5 EBIT is BDT532 Mil as of Mar. 2019. GuruFocus rates DHA:APOLOISPAT with a GF Score™ of 5/100.

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  (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


Appollo Ispat Complex EBIT Historical Data

* Premium members only.

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.

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

DHA:APOLOISPAT vs TPCS: EBIT Comparison

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 EV-to-EBIT vs 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.


DHA:APOLOISPAT
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Appollo Ispat Complex Ltd DHA:APOLOISPAT
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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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.

Frequently Asked Questions Learn more about EBIT →
What does a EBIT of BDT532 Mil mean?
Appollo Ispat Complex (DHA:APOLOISPAT) has a EBIT of BDT532 Mil as of Mar. 2019. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Appollo Ispat Complex.
Is Appollo Ispat Complex's EBIT too high?
Appollo Ispat Complex's current EBIT is BDT532 Mil. Overall, Appollo Ispat Complex has a GF Score™ of 5/100, reflecting its overall financial health beyond just this single metric.
How does Appollo Ispat Complex's EBIT compare to TPCS?
Appollo Ispat Complex's EBIT of BDT532 Mil can be compared against companies in the Steel 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 Steel company?
A good EBIT depends on the Steel 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 Appollo Ispat Complex. Appollo Ispat Complex's current EBIT is BDT532 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Appollo Ispat Complex stock overvalued right now?
Appollo Ispat Complex (DHA:APOLOISPAT) has a current EBIT of BDT532 Mil. The current EBIT is BDT532 Mil. Appollo Ispat Complex's overall GF Score™ is 5/100. 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 Appollo Ispat Complex (DHA:APOLOISPAT), the current EBIT is BDT532 Mil as of Mar. 2019. 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.

Appollo Ispat Complex Business Description

Address 407, Tejgaon Industrial Area, 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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EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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