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Ghandhara Tyre and Rubber Co (KAR:GTYR) EBIT : ₨1,735 Mil (TTM As of Dec. 2024)


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What is Ghandhara Tyre and Rubber Co EBIT?

Ghandhara Tyre and Rubber Co's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2024 was ₨304 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2024 was ₨1,735 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Ghandhara Tyre and Rubber Co's annualized ROC % for the quarter that ended in Dec. 2024 was -0.70%. Ghandhara Tyre and Rubber Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2024 was 8.66%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Ghandhara Tyre and Rubber Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2024 was 12.74%.


Ghandhara Tyre and Rubber Co EBIT Historical Data

The historical data trend for Ghandhara Tyre and Rubber Co'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.

Ghandhara Tyre and Rubber Co EBIT Chart

Ghandhara Tyre and Rubber Co Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 394.33 1,292.86 1,358.46 1,076.87 2,136.36

Ghandhara Tyre and Rubber Co Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 560.39 500.80 528.77 401.25 303.74

Competitive Comparison of Ghandhara Tyre and Rubber Co's EBIT

For the Auto Parts subindustry, Ghandhara Tyre and Rubber Co'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.


Ghandhara Tyre and Rubber Co's EV-to-EBIT Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Ghandhara Tyre and Rubber Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Ghandhara Tyre and Rubber Co's EV-to-EBIT falls into.



Ghandhara Tyre and Rubber Co 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 Dec. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ₨1,735 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.


Ghandhara Tyre and Rubber Co  (KAR:GTYR) EBIT Explanation

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

Ghandhara Tyre and Rubber Co's annualized ROC % for the quarter that ended in Dec. 2024 is calculated as:

ROC % (Q: Dec. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Sep. 2024 ) + Invested Capital (Q: Dec. 2024 ))/ count )
=1060.34 * ( 1 - 111.24% )/( (16561.282 + 17566.958)/ 2 )
=-119.182216/17064.12
=-0.70 %

where

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))
=19682.062 - 3373.693 - ( 123.027 - max(0, 12621.656 - 12368.743+123.027))
=16561.282

Invested Capital(Q: Dec. 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))
=20942.456 - 3621.017 - ( 140.851 - max(0, 13879.759 - 13634.24+140.851))
=17566.958

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

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

Ghandhara Tyre and Rubber Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Dec. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Sep. 2024  Q: Dec. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=1214.976/( ( (7233.911 + max(6107.54, 0)) + (7228.486 + max(7498.074, 0)) )/ 2 )
=1214.976/( ( 13341.451 + 14726.56 )/ 2 )
=1214.976/14034.0055
=8.66 %

where Working Capital is:

Working Capital(Q: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(3064.544 + 7180.719 + 1288.929) - (3373.693 + 0 + 2052.959)
=6107.54

Working Capital(Q: Dec. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(3885.489 + 7702.155 + 1472.665) - (3621.017 + 0 + 1941.218)
=7498.074

When net working capital is negative, 0 is used.

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

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

Ghandhara Tyre and Rubber Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2024 )
=1734.559/13610.418
=12.74 %

* 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.


Ghandhara Tyre and Rubber Co EBIT Related Terms

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Ghandhara Tyre and Rubber Co Business Description

Traded in Other Exchanges
N/A
Address
H-23/2 Landhi Industrial Trading Estate, Landhi, Karachi, SD, PAK
Ghandhara Tyre and Rubber Co Ltd is engaged in the manufacturing and trading of tires and tubes for automobiles and motorcycles. Its products include passenger car tyre, light truck tyre, tractor tyre, bus tyre, motorcycle tyres and rickshaw tyre.

Ghandhara Tyre and Rubber Co Headlines

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