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Metasurface Technologies Holdings (HKSE:08637) EBIT : HK$ Mil (TTM As of Dec. 2023)


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What is Metasurface Technologies Holdings EBIT?

Metasurface Technologies Holdings's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2023 was HK$27.5 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Metasurface Technologies Holdings's annualized ROC % for the quarter that ended in Dec. 2023 was 5.39%. Metasurface Technologies Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 11.61%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield.

Metasurface Technologies Holdings EBIT Historical Data

The historical data trend for Metasurface Technologies 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.

Metasurface Technologies Holdings EBIT Chart

Metasurface Technologies Holdings Annual Data
Trend Dec22 Dec23
EBIT
39.81 27.49

Metasurface Technologies Holdings Semi-Annual Data
Dec22 Dec23
EBIT 39.81 27.49

Competitive Comparison of Metasurface Technologies Holdings's EBIT

For the Specialty Industrial Machinery subindustry, Metasurface Technologies 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.

Metasurface Technologies Holdings's EV-to-EBIT Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Metasurface Technologies Holdings's EV-to-EBIT distribution charts can be found below:

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


Metasurface Technologies 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.

For stock reported annually, GuruFocus uses latest annual data as the TTM data. EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was HK$ 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.

Metasurface Technologies Holdings  (HKSE:08637) EBIT Explanation

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

Metasurface Technologies Holdings's annualized ROC % for the quarter that ended in Dec. 2023 is calculated as:

ROC % (Q: Dec. 2023 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2022 ) + Invested Capital (Q: Dec. 2023 ))/ count )
=24.512 * ( 1 - 31.72% )/( (318.062 + 303.046)/ 2 )
=16.7367936/310.554
=5.39 %

where

Invested Capital(Q: Dec. 2022 )
=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))
=399.729 - 58.065 - ( 25.295 - max(0, 107.14 - 130.742+25.295))
=318.062

Invested Capital(Q: Dec. 2023 )
=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))
=409.573 - 52.443 - ( 54.084 - max(0, 91.547 - 149.589+54.084))
=303.046

Note: The Operating Income data used here is one times the annual (Dec. 2023) data.

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

Metasurface Technologies Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 is calculated as:

ROC (Joel Greenblatt) %(Q: Dec. 2023 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2022  Q: Dec. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=27.485/( ( (197.422 + max(45.671, 0)) + (187.368 + max(43.063, 0)) )/ 2 )
=27.485/( ( 243.093 + 230.431 )/ 2 )
=27.485/236.762
=11.61 %

where Working Capital is:

Working Capital(Q: Dec. 2022 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(45.798 + 45.343 + 14.306) - (58.065 + 0 + 1.711)
=45.671

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(38.776 + 38.935 + 17.794) - (52.443 + 0 + -0.0010000000000048)
=43.063

When net working capital is negative, 0 is used.

Note: The EBIT data used here is one times the annual (Dec. 2023) EBIT data.

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2023 )
=/256.010
= %

* 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.

Metasurface Technologies Holdings EBIT Related Terms

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Metasurface Technologies Holdings Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Metasurface Technologies Holdings Ltd (HKSE:08637) » Definitions » EBIT
Comparable Companies
Traded in Other Exchanges
N/A
Address
No. 43 Tuas View Circuit, Singapore, SGP, 637360
Website
https://www.metatechnologies.com.sg
Metasurface Technologies Holdings Ltd is a precision engineering services provider in Singapore. The Group considers the business from three segments: 1) Precision machining is a machining process of removing materials from a workpiece with standard for high accuracy to create parts and components with tight of tolerance. 2) Precision welding is a process which involves the use of weldment equipment and specialised welding technique on a workpiece in a very precise and controlled fashion. 3) Sale of laser diodes (Discontinued operation).

Metasurface Technologies Holdings Headlines

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