GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » PT Vale Indonesia Tbk (ISX:INCO) » Definitions » EBIT

PT Vale Indonesia Tbk (ISX:INCO) EBIT : Rp1,941,182 Mil (TTM As of Sep. 2024)


View and export this data going back to 1990. Start your Free Trial

What is PT Vale Indonesia Tbk EBIT?

PT Vale Indonesia Tbk's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2024 was Rp363,648 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2024 was Rp1,941,182 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. PT Vale Indonesia Tbk's annualized ROC % for the quarter that ended in Sep. 2024 was 0.84%. PT Vale Indonesia Tbk's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 4.97%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. PT Vale Indonesia Tbk's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 7.09%.


PT Vale Indonesia Tbk EBIT Historical Data

The historical data trend for PT Vale Indonesia Tbk'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.

PT Vale Indonesia Tbk EBIT Chart

PT Vale Indonesia Tbk 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 1,262,337.15 1,498,727.73 3,187,694.42 4,399,004.54 5,541,602.37

PT Vale Indonesia Tbk Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 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 626,179.01 866,116.73 154,529.91 556,887.33 363,647.86

Competitive Comparison of PT Vale Indonesia Tbk's EBIT

For the Other Industrial Metals & Mining subindustry, PT Vale Indonesia Tbk'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.


PT Vale Indonesia Tbk's EV-to-EBIT Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, PT Vale Indonesia Tbk's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where PT Vale Indonesia Tbk's EV-to-EBIT falls into.



PT Vale Indonesia Tbk 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 quarterly data reported by the company within the most recent 12 months, which was Rp1,941,182 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.


PT Vale Indonesia Tbk  (ISX:INCO) EBIT Explanation

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

PT Vale Indonesia Tbk'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: Jun. 2024 ) + Invested Capital (Q: Sep. 2024 ))/ count )
=355862.78 * ( 1 - 21.81% )/( (32187575.635 + 33935225.082)/ 2 )
=278249.107682/33061400.3585
=0.84 %

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))
=47267900.666 - 2251921.989 - ( 12828403.042 - max(0, 3401276.753 - 17727328.085+12828403.042))
=32187575.635

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))
=47988598.332 - 2164328.317 - ( 11889044.933 - max(0, 3426574.397 - 16930691.238+11889044.933))
=33935225.082

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

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

PT Vale Indonesia Tbk'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: Jun. 2024  Q: Sep. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=1454591.424/( ( (27161869.467 + max(1492561.012, 0)) + (28283506.275 + max(1589774.264, 0)) )/ 2 )
=1454591.424/( ( 28654430.479 + 29873280.539 )/ 2 )
=1454591.424/29263855.509
=4.97 %

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)
=(1659577.879 + 2383759.56 + 774992.793) - (2251921.989 + 0 + 1073847.231)
=1492561.012

Working Capital(Q: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1233017.357 + 2506655.855 + 1204451.522) - (2164328.317 + 0 + 1190022.153)
=1589774.264

When net working capital is negative, 0 is used.

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

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

PT Vale Indonesia Tbk's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2024 )
=1941181.821/27378082.224
=7.09 %

* 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.


PT Vale Indonesia Tbk EBIT Related Terms

Thank you for viewing the detailed overview of PT Vale Indonesia Tbk's EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.


PT Vale Indonesia Tbk Business Description

Traded in Other Exchanges
Address
Jalan Jenderal Sudirman Kav. 71, Sequis Tower, Lantai 20, Unit 6 and 7, Jakarta, IDN, 12190
PT Vale Indonesia Tbk is primarily engaged in nickel mining and processing in Indonesia. The company produces nickel in matte from lateritic ores at its integrated mining and processing facilities near Sorowako, Indonesia. The finished nickel product represents what is known in the industry as "primary nickel," meaning nickel produced principally from nickel ores, as opposed to "secondary" nickel, which is recovered from recycled metal which contains nickel. The majority of global nickel is used for stainless steel production.

PT Vale Indonesia Tbk Headlines

From GuruFocus

Is India the Next China?

By Joseph L Shaefer Joseph L Shaefer 02-26-2015