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Aisha Steel Mills (KAR:ASL) EBIT : ₨2,470 Mil (TTM As of Mar. 2024)


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What is Aisha Steel Mills EBIT?

Aisha Steel Mills's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was ₨1,016 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was ₨2,470 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Aisha Steel Mills's annualized ROC % for the quarter that ended in Mar. 2024 was 38.26%. Aisha Steel Mills's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 13.70%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Aisha Steel Mills's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 9.59%.


Aisha Steel Mills EBIT Historical Data

The historical data trend for Aisha Steel Mills'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.

Aisha Steel Mills EBIT Chart

Aisha Steel Mills Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,067.41 1,488.07 10,018.89 3,438.39 -1,322.56

Aisha Steel Mills Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 799.59 -514.36 1,010.85 957.14 1,016.40

Competitive Comparison of Aisha Steel Mills's EBIT

For the Steel subindustry, Aisha Steel Mills'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.


Aisha Steel Mills's EV-to-EBIT Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Aisha Steel Mills's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Aisha Steel Mills's EV-to-EBIT falls into.



Aisha Steel Mills 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ₨2,470 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.


Aisha Steel Mills  (KAR:ASL) EBIT Explanation

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

Aisha Steel Mills's annualized ROC % for the quarter that ended in Mar. 2024 is calculated as:

ROC % (Q: Mar. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2023 ) + Invested Capital (Q: Mar. 2024 ))/ count )
=4049.972 * ( 1 - -258.3% )/( (37657.573 + 38191.07)/ 2 )
=14511.049676/37924.3215
=38.26 %

where

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))
=39369.513 - 5219.735 - ( 625.001 - max(0, 20492.349 - 16984.554+625.001))
=37657.573

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))
=39731.913 - 5371.162 - ( 262.271 - max(0, 21119.433 - 17289.114+262.271))
=38191.07

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

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

Aisha Steel Mills's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2023  Q: Mar. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=4065.592/( ( (19611.65 + max(9844.794, 0)) + (19558.766 + max(10321.272, 0)) )/ 2 )
=4065.592/( ( 29456.444 + 29880.038 )/ 2 )
=4065.592/29668.241
=13.70 %

where Working Capital is:

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(2328.699 + 9031.483 + 3704.347) - (5219.735 + 0 + 0)
=9844.794

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(789.349 + 10874.173 + 4028.912) - (5371.162 + 0 + 0)
=10321.272

When net working capital is negative, 0 is used.

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

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

Aisha Steel Mills's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=2470.032/25755.935
=9.59 %

* 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.


Aisha Steel Mills EBIT Related Terms

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Aisha Steel Mills (KAR:ASL) Business Description

Traded in Other Exchanges
Address
23 M.T. Khan Road, 1st Floor, Arif Habib Center, Karachi, SD, PAK, 74000
Aisha Steel Mills Ltd is involved in manufacturing and selling cold rolled steel coils and sheets to the industrial, engineering, and manufacturing industries in Pakistan. Its product offerings include hot-dipped galvanized steel coils, cold-rolled steel coils, and others. The company geographically operates in Pakistan, North America, Middle East, Europe, Asia and Africa. The majority of revenue is derived from Pakistan.

Aisha Steel Mills (KAR:ASL) Headlines

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