GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » First Philippine Holdings Corp (OTCPK:FPHHF) » Definitions » EBIT

FPHHF (First Philippine Holdings) EBIT : $746 Mil (TTM As of Jun. 2024)


View and export this data going back to 2013. Start your Free Trial

What is First Philippine Holdings EBIT?

First Philippine Holdings's earnings before interest and taxes (EBIT) for the three months ended in Jun. 2024 was $197 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2024 was $746 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. First Philippine Holdings's annualized ROC % for the quarter that ended in Jun. 2024 was 6.97%. First Philippine Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was 20.49%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. First Philippine Holdings's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was 34.19%.


First Philippine Holdings EBIT Historical Data

The historical data trend for First Philippine Holdings'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.

First Philippine Holdings EBIT Chart

First Philippine Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 668.75 580.67 532.06 650.08 759.56

First Philippine Holdings Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 200.42 213.05 132.32 204.00 196.63

Competitive Comparison of First Philippine Holdings's EBIT

For the Utilities - Regulated Electric subindustry, First Philippine Holdings'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.


First Philippine Holdings's EV-to-EBIT Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, First Philippine Holdings's EV-to-EBIT distribution charts can be found below:

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



First Philippine Holdings 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 Jun. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $746 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.


First Philippine Holdings  (OTCPK:FPHHF) EBIT Explanation

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

First Philippine Holdings's annualized ROC % for the quarter that ended in Jun. 2024 is calculated as:

ROC % (Q: Jun. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Mar. 2024 ) + Invested Capital (Q: Jun. 2024 ))/ count )
=670.512 * ( 1 - 23.72% )/( (7253.583 + 7421.624)/ 2 )
=511.4665536/7337.6035
=6.97 %

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))
=9049.945 - 736.294 - ( 1060.068 - max(0, 1758.52 - 3030.849+1060.068))
=7253.583

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))
=9303.624 - 844.159 - ( 1037.841 - max(0, 1780.478 - 3146.099+1037.841))
=7421.624

Note: The Operating Income data used here is four times the quarterly (Jun. 2024) data.

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

First Philippine Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Jun. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Mar. 2024  Q: Jun. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=786.516/( ( (3096.758 + max(648.338, 0)) + (3221.531 + max(710.617, 0)) )/ 2 )
=786.516/( ( 3745.096 + 3932.148 )/ 2 )
=786.516/3838.622
=20.49 %

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)
=(627.351 + 826.046 + 324.349) - (736.294 + 0 + 393.114)
=648.338

Working Capital(Q: Jun. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(743.895 + 888.11 + 325.175) - (844.159 + 0 + 402.404)
=710.617

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Jun. 2024) EBIT data.

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

First Philippine Holdings's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jun. 2024 )
=745.997/2181.947
=34.19 %

* 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.


First Philippine Holdings EBIT Related Terms

Thank you for viewing the detailed overview of First Philippine Holdings's EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.


First Philippine Holdings Business Description

Traded in Other Exchanges
Address
Ortigas Avenue, Rockwell Business Center, 6th Floor, Tower 3, Pasig City, PHL, 1604
First Philippine Holdings Corporation, or FPH, is a Filipino holding company involved in the purchasing and acquiring of shares in energy, real estate, manufacturing, construction, and engineering companies. FPH segments its activities into Power Generation, Real Estate Development, and Energy Solutions and Construction Services business units. The company's Power Generation division generates and distributes electricity. With its primary energy subsidiaries, First Gen Corporation and Energy Development Corporation, FPH operates a portfolio of natural gas-fired, hydroelectric, geothermal, wind, and solar power plants. The company derives the vast majority of its revenue from the sale of electricity. Principally all of FPH's operations take place in the Philippines.

First Philippine Holdings Headlines

No Headlines