Mughal Iron & Steel Industries (KAR:MUGHAL) EBIT : ₨5,453 Mil (TTM As of Dec. 2024)

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What is Mughal Iron & Steel Industries EBIT?

Mughal Iron & Steel Industries's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2024 was ₨2,296 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2024 was ₨5,453 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Mughal Iron & Steel Industries's annualized ROC % for the quarter that ended in Dec. 2024 was 3.88%. Mughal Iron & Steel Industries's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2024 was 16.27%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Mughal Iron & Steel Industries's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2024 was 10.00%.

Mughal Iron & Steel Industries EBIT Historical Data

The historical data trend for Mughal Iron & Steel Industries'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.

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Mughal Iron & Steel Industries EBIT Chart

Mughal Iron & Steel Industries Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

EBIT

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1,883.97

5,490.65

8,746.37

8,128.21

6,025.57

Mughal Iron & Steel Industries 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															1,985.35	1,216.25	301.44	1,639.24	2,296.13

Competitive Comparison of Mughal Iron & Steel Industries's EBIT

For the Steel subindustry, Mughal Iron & Steel Industries'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.

Mughal Iron & Steel Industries's EV-to-EBIT Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Mughal Iron & Steel Industries's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Mughal Iron & Steel Industries's EV-to-EBIT falls into.

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Mughal Iron & Steel Industries 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 ₨5,453 Mil.

Mughal Iron & Steel Industries (KAR:MUGHAL) EBIT Explanation

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

Mughal Iron & Steel Industries'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 )
=	9082.228 * ( 1 - 73.41% )	/	( (63964.334	+	60417.382)	/ 2 )
=	2414.9644252	/	62190.858
=	3.88 %

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	))
=	71245.444	-	4477.477	-	( 2803.633	-	max(0, 39705.223	-	46996.777	+	2803.633	))
=	63964.334

	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	))
=	70279.767	-	5621.484	-	( 4240.901	-	max(0, 38004.603	-	45928.662	+	4240.901	))
=	60417.382

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

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

Mughal Iron & Steel Industries'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 )
=	9184.528	/	( ( (24147.818 + max(34776.889, 0))	+	(24263.491 + max(29742.388, 0)) )	/	2 )
=	9184.528	/	( ( 58924.707	+	54005.879 )	/	2 )
=	9184.528	/	56465.293
=	16.27 %

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)
=	(12844.817	+	26415.338	+	0)	-	(4477.477	+	0	+	5.788999999997)
=	34776.889

	Working Capital		(Q: Dec. 2024 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(13978.484	+	21389.987	+	0)	-	(5621.484	+	0	+	4.599000000002)
=	29742.388

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:

Mughal Iron & Steel Industries's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Dec. 2024 )
	=	5453.065	/	54542.815
	=	10.00 %

Mughal Iron & Steel Industries EBIT Related Terms

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Mughal Iron & Steel Industries Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Mughal Iron & Steel Industries Ltd (KAR:MUGHAL) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

N/A

Address

31-A Shadman 1, Lahore, PB, PAK

Website

https://www.mughalsteel.com

Mughal Iron & Steel Industries Ltd is engaged in the manufacturing and trading of mild steel products. The operating segments of the company are Ferrous and Non-Ferrous. The company's main products involve Steel re-bars (G60 / Mughal Supreme), Girders, Billets, Copper ingots and Copper granules.

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