PT Polaris Investama Tbk (ISX:PLAS) EBIT: Rp2,382 Mil (TTM As of Jun. 2020)


ISX:PLAS PT Polaris Investama Tbk ISX:PLAS
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What is PT Polaris Investama Tbk EBIT?

PT Polaris Investama Tbk ISX:PLAS 4 EBIT is Rp2,382 Mil as of Jun. 2020. GuruFocus rates ISX:PLAS with a GF Score™ of 4/100.

PT Polaris Investama Tbk's earnings before interest and taxes (EBIT) for the three months ended in Jun. 2020 was Rp-379 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2020 was Rp2,382 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. PT Polaris Investama Tbk's annualized ROC % for the quarter that ended in Jun. 2020 was -0.74%. PT Polaris Investama Tbk's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2020 was %.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. PT Polaris Investama Tbk's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2020 was 4.02%.

PT Polaris Investama Tbk  (ISX:PLAS) EBIT Explanation

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

PT Polaris Investama Tbk's annualized ROC % for the quarter that ended in Jun. 2020 is calculated as:

ROC % (Q: Jun. 2020 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Mar. 2020 ) + Invested Capital (Q: Jun. 2020 ))/ count )
=-1541.608 * ( 1 - 0% )/( (208974.518 + 209074.024)/ 2 )
=-1541.608/209024.271
=-0.74 %

where

Invested Capital(Q: Mar. 2020 )
=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))
=186040.892 - 534.197 - ( 2071.152 - max(0, 31125.095 - 7657.272+2071.152))
=208974.518

Invested Capital(Q: Jun. 2020 )
=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))
=185251.42 - 575.911 - ( 1408.919 - max(0, 31266.315 - 6867.8+1408.919))
=209074.024

Note: The Operating Income data used here is four times the quarterly (Jun. 2020) data.

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

PT Polaris Investama Tbk's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2020 is calculated as:

ROC (Joel Greenblatt) %(Q: Jun. 2020 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Mar. 2020  Q: Jun. 2020
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-1517.912/( ( (0 + max(-10338.175, 0)) + (0 + max(-11405.834, 0)) )/ 2 )
=-1517.912/( ( 0 + 0 )/ 2 )
=-1517.912/0
= %

where Working Capital is:

Working Capital(Q: Mar. 2020 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 5585.12 + 1) - (534.197 + 0 + 15390.098)
=-10338.175

Working Capital(Q: Jun. 2020 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 5457.881 + 1) - (575.911 + 0 + 16288.804)
=-11405.834

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Jun. 2020) EBIT data.

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jun. 2020 )
=2382.332/59210.000
=4.02 %

* 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 Polaris Investama Tbk EBIT Related Terms

PT Polaris Investama Tbk EBIT Historical Data

* Premium members only.

The historical data trend for PT Polaris Investama 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.

PT Polaris Investama Tbk EBIT Chart

PT Polaris Investama Tbk Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
EBIT
Get a 7-Day Free Trial -1,303.83 -9,873.75 -783.91 11,631.68 3,792.22

PT Polaris Investama Tbk Quarterly Data
Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20
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 696.36 1,764.22 791.56 206.04 -379.48

PT Polaris Investama Tbk EBIT Competitor Comparison

For the Capital Markets subindustry, PT Polaris Investama 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 Polaris Investama Tbk EV-to-EBIT vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, PT Polaris Investama Tbk's EV-to-EBIT distribution charts can be found below:

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


ISX:PLAS
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PT Polaris Investama Tbk ISX:PLAS
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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PT Polaris Investama 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 Jun. 2020 adds up the quarterly data reported by the company within the most recent 12 months, which was Rp2,382 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 Rp2,382 Mil mean?
PT Polaris Investama Tbk (ISX:PLAS) has a EBIT of Rp2,382 Mil as of Jun. 2020. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on PT Polaris Investama Tbk.
Is PT Polaris Investama Tbk's EBIT too high?
PT Polaris Investama Tbk's current EBIT is Rp2,382 Mil. Overall, PT Polaris Investama Tbk has a GF Score™ of 4/100, reflecting its overall financial health beyond just this single metric.
How does PT Polaris Investama Tbk's EBIT compare to competitors?
PT Polaris Investama Tbk's EBIT of Rp2,382 Mil can be compared against companies in the Capital Markets 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 a Capital Markets company?
A good EBIT depends on the Capital Markets 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 PT Polaris Investama Tbk. PT Polaris Investama Tbk's current EBIT is Rp2,382 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Polaris Investama Tbk stock overvalued right now?
PT Polaris Investama Tbk (ISX:PLAS) has a current EBIT of Rp2,382 Mil. The current EBIT is Rp2,382 Mil. PT Polaris Investama Tbk's overall GF Score™ is 4/100. 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 PT Polaris Investama Tbk (ISX:PLAS), the current EBIT is Rp2,382 Mil as of Jun. 2020. 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.

PT Polaris Investama Tbk Business Description

Address Mayapada Tower Lt. 11, Jl. Jend. Sudirman Kav. 28, Jakarta, IDN, 12920
PT Polaris Investama Tbk operates in capital markets industry in Indonesia. The company is an investment company operates as a dealer broker and underwriter.
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EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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