REI Agro (LSE:REAA) EBIT: $134 Mil (TTM As of Mar. 2014)


What is REI Agro EBIT?

REI Agro LSE:REAA EBIT is $134 Mil as of Mar. 2014.

REI Agro's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2014 was $22 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2014 was $134 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. REI Agro's annualized ROC % for the quarter that ended in Mar. 2014 was -1.13%. REI Agro's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2014 was 6.90%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. REI Agro's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2014 was 39.71%.

REI Agro  (LSE:REAA) EBIT Explanation

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

REI Agro's annualized ROC % for the quarter that ended in Mar. 2014 is calculated as:

ROC % (Q: Mar. 2014 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2013 ) + Invested Capital (Q: Mar. 2014 ))/ count )
=-20.312 * ( 1 - 6.53% )/( (0 + 1685.928)/ 1 )
=-18.9856264/1685.928
=-1.13 %

where

Invested Capital(Q: Dec. 2013 )
=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))
=0 - 0 - ( 0 - max(0, 0 - 0+0))
=0

Invested Capital(Q: Mar. 2014 )
=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))
=1986.782 - 245.652 - ( 55.202 - max(0, 1225.878 - 1506.199+55.202))
=1685.928

Note: The Operating Income data used here is four times the quarterly (Mar. 2014) data.

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

REI Agro's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2014 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2014 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2013  Q: Mar. 2014
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=86.704/( ( (0 + max(0, 0)) + (417.023 + max(840.448, 0)) )/ 1 )
=86.704/( ( 0 + 1257.471 )/ 1 )
=86.704/1257.471
=6.90 %

where Working Capital is:

Working Capital(Q: Dec. 2013 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0) - (0 + 0 + 0)
=0

Working Capital(Q: Mar. 2014 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(504.065 + 538.844 + 83.805) - (245.652 + 0 + 40.614)
=840.448

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2014) EBIT data.

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

REI Agro's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2014 )
=134.094/337.695
=39.71 %

* 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.

REI Agro EBIT Related Terms

REI Agro EBIT Historical Data

* Premium members only.

The historical data trend for REI Agro'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.

REI Agro EBIT Chart

REI Agro Annual Data
Trend Mar05 Mar06 Mar07 Mar08 Mar09 Mar10 Mar11 Mar12 Mar13 Mar14
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 127.72 167.79 187.19 256.45 188.03

REI Agro Quarterly Data
Mar04 Mar05 Mar06 Mar07 Mar08 Mar09 Mar10 Mar11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Dec13 Mar14
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 80.54 92.30 61.83 50.59 21.68

REI Agro EBIT Competitor Comparison

For the Packaged Foods subindustry, REI Agro'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.

REI Agro EV-to-EBIT vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, REI Agro's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where REI Agro's EV-to-EBIT falls into.


REI Agro 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. 2014 adds up the quarterly data reported by the company within the most recent 12 months, which was $134 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 $134 Mil mean?
REI Agro (LSE:REAA) has a EBIT of $134 Mil as of Mar. 2014. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on REI Agro.
Is REI Agro's EBIT too high?
REI Agro's current EBIT is $134 Mil.
How does REI Agro's EBIT compare to competitors?
REI Agro's EBIT of $134 Mil can be compared against companies in the Consumer Packaged Goods 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 Consumer Packaged Goods company?
A good EBIT depends on the Consumer Packaged Goods 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 REI Agro. REI Agro's current EBIT is $134 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is REI Agro stock overvalued right now?
REI Agro (LSE:REAA) has a current EBIT of $134 Mil. The current EBIT is $134 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 REI Agro (LSE:REAA), the current EBIT is $134 Mil as of Mar. 2014. 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.

REI Agro Business Description

Address 58A/1, Sainik Farm, Saket, New Delhi, IND, 110062
REI Agro Ltd is engaged in processing basmati rice and market its products under the brand name Raindrops. The company operates in two business segments - the business of processing, trading, and marketing of agro products and generation of power through Wind farm generators. The products of the company are sold both in domestic and international markets.