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FNEVF (Fraser and Neave) EBIT : $234 Mil (TTM As of Sep. 2024)


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What is Fraser and Neave EBIT?

Fraser and Neave's earnings before interest and taxes (EBIT) for the six months ended in Sep. 2024 was $108 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2024 was $234 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Fraser and Neave's annualized ROC % for the quarter that ended in Sep. 2024 was 3.38%. Fraser and Neave's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 26.13%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Fraser and Neave's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 11.92%.


Fraser and Neave EBIT Historical Data

The historical data trend for Fraser and Neave'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.

Fraser and Neave EBIT Chart

Fraser and Neave Annual Data
Trend Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 196.88 189.40 161.40 191.66 238.65

Fraser and Neave Semi-Annual Data
Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24
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 76.28 101.94 91.46 126.07 108.21

Competitive Comparison of Fraser and Neave's EBIT

For the Packaged Foods subindustry, Fraser and Neave'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.


Fraser and Neave's EV-to-EBIT Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Fraser and Neave's EV-to-EBIT distribution charts can be found below:

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



Fraser and Neave 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 Sep. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was $234 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.


Fraser and Neave  (OTCPK:FNEVF) EBIT Explanation

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

Fraser and Neave's annualized ROC % for the quarter that ended in Sep. 2024 is calculated as:

ROC % (Q: Sep. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Mar. 2024 ) + Invested Capital (Q: Sep. 2024 ))/ count )
=135.946 * ( 1 - 21.27% )/( (3122.771 + 3206.464)/ 2 )
=107.0302858/3164.6175
=3.38 %

where

Invested Capital(Q: Mar. 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))
=3813.369 - 355.725 - ( 353.022 - max(0, 583.288 - 918.161+353.022))
=3122.771

Invested Capital(Q: Sep. 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))
=4015.14 - 399.91 - ( 408.766 - max(0, 614.419 - 1031.111+408.766))
=3206.464

Note: The Operating Income data used here is two times the semi-annual (Sep. 2024) data.

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

Fraser and Neave's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Sep. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Mar. 2024  Q: Sep. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=216.42/( ( (698.54 + max(108.07, 0)) + (778.928 + max(70.807, 0)) )/ 2 )
=216.42/( ( 806.61 + 849.735 )/ 2 )
=216.42/828.1725
=26.13 %

where Working Capital is:

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(245.515 + 246.455 + -1.1368683772162E-13) - (355.725 + 0 + 28.175)
=108.07

Working Capital(Q: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(243.334 + 256.467 + -0.00099999999997635) - (399.91 + 0 + 29.083)
=70.807

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Sep. 2024) EBIT data.

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

Fraser and Neave's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2024 )
=234.275/1965.780
=11.92 %

* 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.


Fraser and Neave EBIT Related Terms

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Fraser and Neave Business Description

Traded in Other Exchanges
Address
438 Alexandra Road, Number 20-00 Alexandra Point, Singapore, SGP, 119958
Fraser and Neave Ltd is a Singapore-based company that operates through four segments: dairies, beverages, publishing and printing industries, and others. The dairies segment generates the majority of total revenue by manufacturing, marketing, and selling dairy products. The beverages segment is the next contributor to total revenue through the production and selling of soft drinks and alcoholic beverages. The publishing and printing business operates through a network of offices, printing plants, and distributors. The company mainly operates in Thailand, Malaysia, Singapore, Indochina, Indonesia, Myanmar and Philippines.

Fraser and Neave Headlines

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