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Marshall Monteagle (JSE:MMP) EBIT : R108 Mil (TTM As of Sep. 2023)


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What is Marshall Monteagle EBIT?

Marshall Monteagle's earnings before interest and taxes (EBIT) for the six months ended in Sep. 2023 was R35 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2023 was R108 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Marshall Monteagle's annualized ROC % for the quarter that ended in Sep. 2023 was 0.70%. Marshall Monteagle's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2023 was 13.09%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Marshall Monteagle's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2023 was 12.10%.


Marshall Monteagle EBIT Historical Data

The historical data trend for Marshall Monteagle'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.

Marshall Monteagle EBIT Chart

Marshall Monteagle Annual Data
Trend Sep12 Sep13 Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Mar23
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 167.48 136.38 110.06 32.38 54.83

Marshall Monteagle Semi-Annual Data
Mar13 Sep13 Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep22 Mar23 Sep23
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 105.09 66.04 -17.63 73.13 35.05

Competitive Comparison of Marshall Monteagle's EBIT

For the Industrial Distribution subindustry, Marshall Monteagle'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.


Marshall Monteagle's EV-to-EBIT Distribution in the Industrial Distribution Industry

For the Industrial Distribution industry and Industrials sector, Marshall Monteagle's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Marshall Monteagle's EV-to-EBIT falls into.



Marshall Monteagle 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. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was R108 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.


Marshall Monteagle  (JSE:MMP) EBIT Explanation

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

Marshall Monteagle's annualized ROC % for the quarter that ended in Sep. 2023 is calculated as:

ROC % (Q: Sep. 2023 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Mar. 2023 ) + Invested Capital (Q: Sep. 2023 ))/ count )
=15.438 * ( 1 - 25.93% )/( (1671.072 + 1608.102)/ 2 )
=11.4349266/1639.587
=0.70 %

where

Invested Capital(Q: Mar. 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))
=2394.587 - 299.438 - ( 424.077 - max(0, 519.008 - 1157.378+424.077))
=1671.072

Invested Capital(Q: Sep. 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))
=2450.103 - 413.68 - ( 428.321 - max(0, 528.517 - 1327.713+428.321))
=1608.102

Note: The Operating Income data used here is two times the semi-annual (Sep. 2023) data.

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

Marshall Monteagle's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2023 is calculated as:

ROC (Joel Greenblatt) %(Q: Sep. 2023 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Mar. 2023  Q: Sep. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=70.098/( ( (109.119 + max(367.052, 0)) + (109.072 + max(485.712, 0)) )/ 2 )
=70.098/( ( 476.171 + 594.784 )/ 2 )
=70.098/535.4775
=13.09 %

where Working Capital is:

Working Capital(Q: Mar. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(348.592 + 309.17 + 29.653) - (299.438 + 0 + 20.925)
=367.052

Working Capital(Q: Sep. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(585.794 + 301.384 + 12.214) - (413.68 + 0 + 0)
=485.712

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Sep. 2023) EBIT data.

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

Marshall Monteagle's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2023 )
=108.178/893.816
=12.10 %

* 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.


Marshall Monteagle EBIT Related Terms

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Marshall Monteagle (JSE:MMP) Business Description

Traded in Other Exchanges
N/A
Address
66-72 Esplanade, 2nd Floor, Gaspe House, Saint Helier, JEY, JE1 1GH
Marshall Monteagle PLC operates trading businesses involved in the importation and distribution of hand tools, machinery and non-perishable food products, coffee roasting, importing and exporting and trading in metals and minerals. It is also involved in the property business. The company generates the majority of its revenue from the Import and distribution segment, which is engaged in Trade in non-perishable products, such as food, food ingredients, household consumer products, metal and minerals, manufacturing inputs, and tools; primarily imports to South Africa and Latin America, and exports from South Africa.