Western Marine Shipyard (DHA:WMSHIPYARD) EBIT: BDT393.6 Mil (TTM As of Jun. 2025)


DHA:WMSHIPYARD Western Marine Shipyard Ltd DHA:WMSHIPYARD
76 GF Score
Price BDT10.40
GF Value BDT13.03
Valuation Modestly Undervalued
! 8 Warning Signs
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What is Western Marine Shipyard EBIT?

Western Marine Shipyard DHA:WMSHIPYARD +4.00% 76 EBIT is BDT393.6 Mil as of Jun. 2025. GuruFocus rates DHA:WMSHIPYARD with a GF Score™ of 76/100 and a GF Value™ of BDT13.03 (Modestly Undervalued). The stock has 8 warning signs investors should review.

Western Marine Shipyard's earnings before interest and taxes (EBIT) for the six months ended in Jun. 2025 was BDT393.6 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2025 was BDT393.6 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Western Marine Shipyard's annualized ROC % for the quarter that ended in Jun. 2025 was 1.23%. Western Marine Shipyard's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2025 was 1.51%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Western Marine Shipyard's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2025 was 1.51%.

Western Marine Shipyard  (DHA:WMSHIPYARD) EBIT Explanation

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

Western Marine Shipyard's annualized ROC % for the quarter that ended in Jun. 2025 is calculated as:

ROC % (Q: Jun. 2025 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jun. 2024 ) + Invested Capital (Q: Jun. 2025 ))/ count )
=332.711 * ( 1 - 0% )/( (26493.734 + 27606.141)/ 2 )
=332.711/27049.9375
=1.23 %

where

Invested Capital(Q: Jun. 2024 )
=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))
=26714.756 - 107.271 - ( 113.751 - max(0, 1314.987 - 11527.578+113.751))
=26493.734

Invested Capital(Q: Jun. 2025 )
=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))
=27832.609 - 109.535 - ( 116.933 - max(0, 1524.668 - 11552.499+116.933))
=27606.141

Note: The Operating Income data used here is one times the annual (Jun. 2025) data.

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

Western Marine Shipyard's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2025 is calculated as:

ROC (Joel Greenblatt) %(Q: Jun. 2025 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2024  Q: Jun. 2025
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=393.595/( ( (14516.337 + max(11065.04, 0)) + (15577.005 + max(11077.898, 0)) )/ 2 )
=393.595/( ( 25581.377 + 26654.903 )/ 2 )
=393.595/26118.14
=1.51 %

where Working Capital is:

Working Capital(Q: Jun. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(2554.775 + 5253.152 + 3605.9) - (107.271 + 0 + 241.516)
=11065.04

Working Capital(Q: Jun. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(2741.157 + 5088.614 + 3605.795) - (109.535 + 0 + 248.133)
=11077.898

When net working capital is negative, 0 is used.

Note: The EBIT data used here is one times the annual (Jun. 2025) EBIT data.

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

Western Marine Shipyard's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jun. 2025 )
=393.595/25981.743
=1.51 %

* 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.

Western Marine Shipyard EBIT Related Terms

Western Marine Shipyard EBIT Historical Data

* Premium members only.

The historical data trend for Western Marine Shipyard'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.

Western Marine Shipyard EBIT Chart

Western Marine Shipyard Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 306.00 300.15 346.32 375.28 393.60

Western Marine Shipyard Semi-Annual Data
Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 306.00 300.15 346.32 375.28 393.60

DHA:WMSHIPYARD vs SPCX, GE, RTX: EBIT Comparison

For the Aerospace & Defense subindustry, Western Marine Shipyard'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.

Western Marine Shipyard EV-to-EBIT vs Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Western Marine Shipyard's EV-to-EBIT distribution charts can be found below:

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


DHA:WMSHIPYARD
76GF Score
Western Marine Shipyard Ltd DHA:WMSHIPYARD
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Western Marine Shipyard 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. 2025 was BDT393.6 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 BDT393.6 Mil mean?
Western Marine Shipyard (DHA:WMSHIPYARD) has a EBIT of BDT393.6 Mil as of Jun. 2025. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Western Marine Shipyard.
Is Western Marine Shipyard's EBIT too high?
Western Marine Shipyard's current EBIT is BDT393.6 Mil. Overall, Western Marine Shipyard has a GF Score™ of 76/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Western Marine Shipyard's EBIT compare to SPCX and GE?
Western Marine Shipyard's EBIT of BDT393.6 Mil can be compared against companies in the Aerospace & Defense 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 an Aerospace & Defense company?
A good EBIT depends on the Aerospace & Defense 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 Western Marine Shipyard. Western Marine Shipyard's current EBIT is BDT393.6 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Western Marine Shipyard stock overvalued right now?
Based on GuruFocus' analysis, Western Marine Shipyard (DHA:WMSHIPYARD) is currently considered Modestly Undervalued. The stock's GF Value™ is BDT13.03, compared to a current price of BDT10.40 — trading 20.2% below its estimated fair value. The current EBIT is BDT393.6 Mil. Western Marine Shipyard's overall GF Score™ is 76/100 with 8 warning signs to review. 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 Western Marine Shipyard (DHA:WMSHIPYARD), the current EBIT is BDT393.6 Mil as of Jun. 2025. 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.

Is Western Marine Shipyard (DHA:WMSHIPYARD) Overvalued in 2026?

Based on GuruFocus' analysis, Western Marine Shipyard stock appears to be undervalued. The current stock price of BDT10.40 is trading 20.2% below its estimated GF Value™ of BDT13.03. GuruFocus considers Western Marine Shipyard to be Modestly Undervalued.

Key valuation signals for DHA:WMSHIPYARD:

  • EBIT: BDT393.6 Mil
  • GF Value™: BDT13.03 vs. price of BDT10.40 (20.2% below fair value)
  • GF Score™: 76/100 with 8 warning signs

No single metric tells the full story. See the DHA:WMSHIPYARD stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Western Marine Shipyard Business Description

Address 1140/A-8 Strand Road, Amin Future Park, 7th Floor, Chattogram, BGD
Western Marine Shipyard Ltd is a public limited company engaged in shipbuilding and related marine engineering activities and operates as an export-oriented shipyard in Bangladesh. The Company specializes in the construction of various vessels, including multi-purpose cargo ships, inland container vessels, inland tankers, passenger ships, Ro-Ro ferries, port utility vessels, tugs, offshore petroleum vessels, fishing trawlers, barges, dredgers, and landing crafts. Its activities mainly comprise new shipbuilding for domestic use and for export markets, supported by in-house ship design facilities and shipyard operations. The Company operates in Bangladesh and has exported vessels to countries such as Germany, Norway, Ecuador, New Zealand, and Kenya, as well as serving domestic clients.
76GF Score

Get the complete analysis for DHA:WMSHIPYARD

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

BDT10.40
Price
BDT13.03
GF Value