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GAZ PJSC (MIC:GAZA) EBIT : ₽12,334 Mil (TTM As of Dec. 2017)


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What is GAZ PJSC EBIT?

GAZ PJSC's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2017 was ₽8,915 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2017 was ₽12,334 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. GAZ PJSC's annualized ROC % for the quarter that ended in Dec. 2017 was 12.99%. GAZ PJSC's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2017 was 36.54%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. GAZ PJSC's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2017 was 70.96%.


GAZ PJSC EBIT Historical Data

The historical data trend for GAZ PJSC'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.

GAZ PJSC EBIT Chart

GAZ PJSC Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11,218.82 6,018.26 7,698.70 10,539.99 12,333.57

GAZ PJSC Semi-Annual Data
Dec07 Dec08 Dec09 Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17
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 4,546.68 2,433.53 8,106.46 3,418.60 8,914.97

Competitive Comparison of GAZ PJSC's EBIT

For the Auto Manufacturers subindustry, GAZ PJSC'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.


GAZ PJSC's EV-to-EBIT Distribution in the Vehicles & Parts Industry

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

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



GAZ PJSC 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. 2017 adds up the semi-annually data reported by the company within the most recent 12 months, which was ₽12,334 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.


GAZ PJSC  (MIC:GAZA) EBIT Explanation

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

GAZ PJSC's annualized ROC % for the quarter that ended in Dec. 2017 is calculated as:

ROC % (Q: Dec. 2017 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jun. 2017 ) + Invested Capital (Q: Dec. 2017 ))/ count )
=18062.93 * ( 1 - 33.08% )/( (93739.599 + 92348.665)/ 2 )
=12087.712756/93044.132
=12.99 %

where

Invested Capital(Q: Jun. 2017 )
=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))
=104784.905 - 26474.331 - ( 5551.546 - max(0, 60980.36 - 45551.335+5551.546))
=93739.599

Invested Capital(Q: Dec. 2017 )
=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))
=111778.687 - 34696.26 - ( 6782.729 - max(0, 63222.506 - 47956.268+6782.729))
=92348.665

Note: The Operating Income data used here is two times the semi-annual (Dec. 2017) data.

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

GAZ PJSC's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2017 is calculated as:

ROC (Joel Greenblatt) %(Q: Dec. 2017 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2017  Q: Dec. 2017
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=17829.94/( ( (48714.146 + max(312.50999999999, 0)) + (48557.631 + max(-7461.651, 0)) )/ 2 )
=17829.94/( ( 49026.656 + 48557.631 )/ 2 )
=17829.94/48792.1435
=36.54 %

where Working Capital is:

Working Capital(Q: Jun. 2017 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(17340.162 + 17613.165 + 5012.084) - (26474.331 + 0 + 13178.57)
=312.50999999999

Working Capital(Q: Dec. 2017 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(20396.238 + 16294.68 + 4456.633) - (34696.26 + 0 + 13912.942)
=-7461.651

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Dec. 2017) EBIT data.

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

GAZ PJSC's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2017 )
=12333.569/17381.000
=70.96 %

* 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.


GAZ PJSC EBIT Related Terms

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GAZ PJSC (MIC:GAZA) Business Description

Traded in Other Exchanges
N/A
Address
88 Lenin Avenue, Nizhny Novgorod, RUS, 603950
GAZ PJSC manufactures light commercial vehicles and passenger cars, as well as auto-components, buses, engines and fuel injection equipment, supersize trucks, special purpose vehicles.

GAZ PJSC (MIC:GAZA) Headlines

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