Empresa Siderurgica del PeruA (LIM:SIDERC1) EBIT: S/.124 Mil (TTM As of Dec. 2016)


What is Empresa Siderurgica del PeruA EBIT?

Empresa Siderurgica del PeruA LIM:SIDERC1 +0.41% EBIT is S/.124 Mil as of Dec. 2016.

Empresa Siderurgica del PeruA's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2016 was S/.124 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2016 was S/.124 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Empresa Siderurgica del PeruA's annualized ROC % for the quarter that ended in Dec. 2016 was 8.50%. Empresa Siderurgica del PeruA's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2016 was 11.66%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Empresa Siderurgica del PeruA's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2016 was 14.87%.

Empresa Siderurgica del PeruA  (LIM:SIDERC1) EBIT Explanation

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

Empresa Siderurgica del PeruA's annualized ROC % for the quarter that ended in Dec. 2016 is calculated as:

ROC % (Q: Dec. 2016 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2015 ) + Invested Capital (Q: Dec. 2016 ))/ count )
=127.192 * ( 1 - 17.07% )/( (1336.559 + 1145.329)/ 2 )
=105.4803256/1240.944
=8.50 %

where

Invested Capital(Q: Dec. 2015 )
=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))
=1579.306 - 125.062 - ( 117.685 - max(0, 160.648 - 806.92+117.685))
=1336.559

Invested Capital(Q: Dec. 2016 )
=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))
=1383.923 - 184.256 - ( 54.338 - max(0, 206.118 - 683.531+54.338))
=1145.329

Note: The Operating Income data used here is one times the annual (Dec. 2016) data.

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

Empresa Siderurgica del PeruA's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2016 is calculated as:

ROC (Joel Greenblatt) %(Q: Dec. 2016 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2015  Q: Dec. 2016
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=123.831/( ( (659.505 + max(490.415, 0)) + (609.095 + max(364.125, 0)) )/ 2 )
=123.831/( ( 1149.92 + 973.22 )/ 2 )
=123.831/1061.57
=11.66 %

where Working Capital is:

Working Capital(Q: Dec. 2015 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(242.078 + 383.387 + -1.1368683772162E-13) - (125.062 + 0 + 9.988)
=490.415

Working Capital(Q: Dec. 2016 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(192.422 + 377.821 + 0) - (184.256 + 0 + 21.862)
=364.125

When net working capital is negative, 0 is used.

Note: The EBIT data used here is one times the annual (Dec. 2016) EBIT data.

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

Empresa Siderurgica del PeruA's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2016 )
=123.831/833.000
=14.87 %

* 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.

Empresa Siderurgica del PeruA EBIT Related Terms

Empresa Siderurgica del PeruA EBIT Historical Data

* Premium members only.

The historical data trend for Empresa Siderurgica del PeruA'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.

Empresa Siderurgica del PeruA EBIT Chart

Empresa Siderurgica del PeruA Annual Data
Trend Dec08 Dec09 Dec10 Dec14 Dec15 Dec16
EBIT
Get a 7-Day Free Trial -135.34 104.45 -293.07 24.51 123.83

Empresa Siderurgica del PeruA Semi-Annual Data
Dec08 Dec09 Dec10 Dec14 Dec15 Dec16
EBIT Get a 7-Day Free Trial -135.34 104.45 -293.07 24.51 123.83

Empresa Siderurgica del PeruA EBIT Competitor Comparison

For the Steel subindustry, Empresa Siderurgica del PeruA'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.

Empresa Siderurgica del PeruA EV-to-EBIT vs Steel Industry

For the Steel industry and Basic Materials sector, Empresa Siderurgica del PeruA's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Empresa Siderurgica del PeruA's EV-to-EBIT falls into.


Empresa Siderurgica del PeruA 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.

For stock reported annually, GuruFocus uses latest annual data as the TTM data. EBIT for the trailing twelve months (TTM) ended in Dec. 2016 was S/.124 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 S/.124 Mil mean?
Empresa Siderurgica del PeruA (LIM:SIDERC1) has a EBIT of S/.124 Mil as of Dec. 2016. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Empresa Siderurgica del PeruA.
Is Empresa Siderurgica del PeruA's EBIT too high?
Empresa Siderurgica del PeruA's current EBIT is S/.124 Mil.
How does Empresa Siderurgica del PeruA's EBIT compare to competitors?
Empresa Siderurgica del PeruA's EBIT of S/.124 Mil can be compared against companies in the Steel 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 Steel company?
A good EBIT depends on the Steel 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 Empresa Siderurgica del PeruA. Empresa Siderurgica del PeruA's current EBIT is S/.124 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Empresa Siderurgica del PeruA stock overvalued right now?
Empresa Siderurgica del PeruA (LIM:SIDERC1) has a current EBIT of S/.124 Mil. The current EBIT is S/.124 Mil. 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 Empresa Siderurgica del PeruA (LIM:SIDERC1), the current EBIT is S/.124 Mil as of Dec. 2016. 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.

Empresa Siderurgica del PeruA Business Description

Address Avenue Juan de Arona 151, Tower B, Floor 5, Lima, PER
Empresa Siderurgica del Peru SAA is a steel manufacturing company. The company produces long steel designed for the construction and mining industry. The company provides long, flat, tubular, and road products.