OPG Power Ventures (LSE:OPG) EBIT : £18.6 Mil (TTM As of Sep. 2023)

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What is OPG Power Ventures EBIT?

OPG Power Ventures's earnings before interest and taxes (EBIT) for the six months ended in Sep. 2023 was £6.5 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2023 was £18.6 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. OPG Power Ventures's annualized ROC % for the quarter that ended in Sep. 2023 was 2.91%. OPG Power Ventures's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2023 was 7.54%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. OPG Power Ventures's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2023 was 65.36%.

OPG Power Ventures EBIT Historical Data

The historical data trend for OPG Power Ventures'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.

OPG Power Ventures EBIT Chart

OPG Power Ventures Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

EBIT

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27.07

23.79

27.41

17.28

14.67

OPG Power Ventures Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
EBIT	Get a 7-Day Free Trial															9.51	7.77	2.56	12.11	6.53

Competitive Comparison of OPG Power Ventures's EBIT

For the Utilities - Independent Power Producers subindustry, OPG Power Ventures'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.

OPG Power Ventures's EV-to-EBIT Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, OPG Power Ventures's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where OPG Power Ventures's EV-to-EBIT falls into.

OPG Power Ventures 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 £18.6 Mil.

OPG Power Ventures (LSE:OPG) EBIT Explanation

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

OPG Power Ventures'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 )
=	10.104 * ( 1 - 41.66% )	/	( (216.153	+	189.372)	/ 2 )
=	5.8946736	/	202.7625
=	2.91 %

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	))
=	253.78	-	29.515	-	( 8.112	-	max(0, 55.516	-	64.524	+	8.112	))
=	216.153

	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	))
=	262.389	-	42.91	-	( 38.64	-	max(0, 50.261	-	80.368	+	38.64	))
=	189.372

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:

OPG Power Ventures'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 )
=	13.056	/	( ( (165.608 + max(17.551, 0))	+	(162.968 + max(-5.191, 0)) )	/	2 )
=	13.056	/	( ( 183.159	+	162.968 )	/	2 )
=	13.056	/	173.0635
=	7.54 %

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)
=	(31.915	+	7.719	+	7.934)	-	(29.515	+	0	+	0.502)
=	17.551

	Working Capital		(Q: Sep. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(26.711	+	4.705	+	6.599)	-	(42.91	+	0	+	0.29600000000001)
=	-5.191

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:

OPG Power Ventures's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Sep. 2023 )
	=	18.633	/	28.510
	=	65.36 %

OPG Power Ventures EBIT Related Terms

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OPG Power Ventures (LSE:OPG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » OPG Power Ventures PLC (LSE:OPG) » Definitions » EBIT

Traded in Other Exchanges

OPG.GB:UK OPB:Germany

Address

55 Athol Street, Douglas, IMN, IM1 1LA

Website

https://www.opgpower.com

OPG Power Ventures PLC is engaged in the development, owning, operation and maintenance of private sector power projects in India. The electricity generated from the group's plants is sold principally to public sector undertakings and heavy industrial companies in India or in the short term market. The business objective of the group is to focus on the power generation business within India and thereby provide reliable, cost effective power to the industrial consumers and other users under the open access provisions mandated by the Government of India.

OPG Power Ventures (LSE:OPG) Headlines

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