Izhstal PAO (MIC:IGST) EBIT: ₽932 Mil (TTM As of Sep. 2023)


MIC:IGST Izhstal PAO MIC:IGST
17 GF Score
Price ₽4,100.00
View Full Analysis

What is Izhstal PAO EBIT?

Izhstal PAO MIC:IGST 17 EBIT is ₽932 Mil as of Sep. 2023. GuruFocus rates MIC:IGST with a GF Score™ of 17/100.

Izhstal PAO's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2023 was ₽0 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2023 was ₽932 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Izhstal PAO's annualized ROC % for the quarter that ended in Sep. 2023 was 0.00%. Izhstal PAO's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2023 was 0.00%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Izhstal PAO's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2023 was 9.45%.


Izhstal PAO  (MIC:IGST) EBIT Explanation

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

Izhstal PAO'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: Sep. 2022 ) + Invested Capital (Q: Sep. 2023 ))/ count )
=0 * ( 1 - 0% )/( (11287.802 + 15169.555)/ 2 )
=0/13228.6785
=0.00 %

where

Invested Capital(Q: Sep. 2022 )
=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))
=14157.959 - 2462.565 - ( 407.592 - max(0, 7048.802 - 8440.824+407.592))
=11287.802

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))
=19191.033 - 2801.579 - ( 1219.899 - max(0, 10546.87 - 12553.366+1219.899))
=15169.555

Note: The Operating Income data used here is four times the quarterly (Sep. 2023) data.

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

Izhstal PAO'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: Sep. 2022  Q: Sep. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=0/( ( (4578.415 + max(2875.548, 0)) + (6309.557 + max(4363.134, 0)) )/ 2 )
=0/( ( 7453.963 + 10672.691 )/ 2 )
=0/9063.327
=0.00 %

where Working Capital is:

Working Capital(Q: Sep. 2022 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(2715.842 + 4727.793 + 489.94) - (2462.565 + 0 + 2595.462)
=2875.548

Working Capital(Q: Sep. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(2892.27 + 6909.088 + 1253.428) - (2801.579 + 0 + 3890.073)
=4363.134

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Sep. 2023) EBIT data.

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

Izhstal PAO's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2023 )
=931.902/9864.376
=9.45 %

* 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.


Izhstal PAO EBIT Related Terms


Izhstal PAO EBIT Historical Data

* Premium members only.

The historical data trend for Izhstal PAO'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.

Izhstal PAO EBIT Chart

Izhstal PAO Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 601.74 -616.98 946.91 -1,397.22 2,769.18

Izhstal PAO Quarterly Data
Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Sep21 Dec21 Sep22 Sep23
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 Premium Member Only 256.67 0.00 931.90 0.00 0.00

MIC:IGST vs NUE, STLD, RS: EBIT Comparison

For the Steel subindustry, Izhstal PAO'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.


Izhstal PAO EV-to-EBIT vs Steel Industry

For the Steel industry and Basic Materials sector, Izhstal PAO's EV-to-EBIT distribution charts can be found below:

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


MIC:IGST
17GF Score
Izhstal PAO MIC:IGST
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Izhstal PAO 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 quarterly data reported by the company within the most recent 12 months, which was ₽932 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 ₽932 Mil mean?
Izhstal PAO (MIC:IGST) has a EBIT of ₽932 Mil as of Sep. 2023. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Izhstal PAO.
Is Izhstal PAO's EBIT too high?
Izhstal PAO's current EBIT is ₽932 Mil. Overall, Izhstal PAO has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does Izhstal PAO's EBIT compare to NUE and STLD?
Izhstal PAO's EBIT of ₽932 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 Izhstal PAO. Izhstal PAO's current EBIT is ₽932 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Izhstal PAO stock overvalued right now?
Izhstal PAO (MIC:IGST) has a current EBIT of ₽932 Mil. The current EBIT is ₽932 Mil. Izhstal PAO's overall GF Score™ is 17/100. 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 Izhstal PAO (MIC:IGST), the current EBIT is ₽932 Mil as of Sep. 2023. 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.

Izhstal PAO Business Description

Address Novoazhimova street, 6, Udmurt Republic, Izhevsk, RUS, 426006
Izhstal PAO is a specialty steel and stainless long products manufacturers. It serves a diverse range of markets including aircraft, defense, automotive, agricultural, power, oil and gas and construction industries. The company produces billets, flat and long rolls, structural shapes and sections, rebar, a wide assortment of hardware, stampings and forgings of carbon, construction, engineering, high-speed, stainless, corrosion-resistant and other specialty steels and alloys.
17GF Score

Get the complete analysis for MIC:IGST

EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₽4,100.00
Price