Mumias Sugar Co (NAI:MSC) EBIT: KES-9,343 Mil (TTM As of Jun. 2018)


NAI:MSC Mumias Sugar Co Ltd NAI:MSC
6 GF Score
Price KES0.28
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What is Mumias Sugar Co EBIT?

Mumias Sugar Co NAI:MSC 6 EBIT is KES-9,343 Mil as of Jun. 2018. GuruFocus rates NAI:MSC with a GF Score™ of 6/100.

Mumias Sugar Co's earnings before interest and taxes (EBIT) for the six months ended in Jun. 2018 was KES-9,343 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2018 was KES-9,343 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Mumias Sugar Co's annualized ROC % for the quarter that ended in Jun. 2018 was -15.44%. Mumias Sugar Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2018 was -52.84%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Mumias Sugar Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2018 was -2,180.99%.

Mumias Sugar Co  (NAI:MSC) EBIT Explanation

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

Mumias Sugar Co's annualized ROC % for the quarter that ended in Jun. 2018 is calculated as:

ROC % (Q: Jun. 2018 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jun. 2017 ) + Invested Capital (Q: Jun. 2018 ))/ count )
=-4500.09 * ( 1 - 0% )/( (30809.379 + 27475.94)/ 2 )
=-4500.09/29142.6595
=-15.44 %

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))
=24091.095 - 8442.67 - ( 8.769 - max(0, 17021.245 - 1860.291+8.769))
=30809.379

Invested Capital(Q: Jun. 2018 )
=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))
=15735.609 - 9264.418 - ( 34.399 - max(0, 21632.991 - 628.242+34.399))
=27475.94

Note: The Operating Income data used here is one times the annual (Jun. 2018) data.

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

Mumias Sugar Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2018 is calculated as:

ROC (Joel Greenblatt) %(Q: Jun. 2018 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2017  Q: Jun. 2018
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-9343.349/( ( (20531.484 + max(-10293.227, 0)) + (14830.751 + max(-13280.903, 0)) )/ 2 )
=-9343.349/( ( 20531.484 + 14830.751 )/ 2 )
=-9343.349/17681.1175
=-52.84 %

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)
=(498.53 + 512.434 + 386.992) - (8442.67 + 0 + 3248.513)
=-10293.227

Working Capital(Q: Jun. 2018 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(76.542 + 344.929 + 141.076) - (9264.418 + 0 + 4579.032)
=-13280.903

When net working capital is negative, 0 is used.

Note: The EBIT data used here is one times the annual (Jun. 2018) EBIT data.

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

Mumias Sugar Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jun. 2018 )
=-9343.349/428.400
=-2,180.99 %

* 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.

Mumias Sugar Co EBIT Related Terms

Mumias Sugar Co EBIT Historical Data

* Premium members only.

The historical data trend for Mumias Sugar Co'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.

Mumias Sugar Co EBIT Chart

Mumias Sugar Co Annual Data
Trend Jun09 Jun10 Jun11 Jun12 Jun13 Jun14 Jun15 Jun16 Jun17 Jun18
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only -2,793.56 -5,589.50 -5,159.72 -8,082.99 -9,343.35

Mumias Sugar Co Semi-Annual Data
Jun09 Jun10 Jun11 Jun12 Jun13 Jun14 Jun15 Jun16 Jun17 Jun18
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only -2,793.56 -5,589.50 -5,159.72 -8,082.99 -9,343.35

Mumias Sugar Co EBIT Competitor Comparison

For the Confectioners subindustry, Mumias Sugar Co'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.

Mumias Sugar Co EV-to-EBIT vs Consumer Packaged Goods Industry

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

* The bar in red indicates where Mumias Sugar Co's EV-to-EBIT falls into.


NAI:MSC
6GF Score
Mumias Sugar Co Ltd NAI:MSC
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Mumias Sugar Co 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 Jun. 2018 was KES-9,343 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 KES-9,343 Mil mean?
Mumias Sugar Co (NAI:MSC) has a EBIT of KES-9,343 Mil as of Jun. 2018. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Mumias Sugar Co.
Is Mumias Sugar Co's EBIT too high?
Mumias Sugar Co's current EBIT is KES-9,343 Mil. Overall, Mumias Sugar Co has a GF Score™ of 6/100, reflecting its overall financial health beyond just this single metric.
How does Mumias Sugar Co's EBIT compare to competitors?
Mumias Sugar Co's EBIT of KES-9,343 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 Mumias Sugar Co. Mumias Sugar Co's current EBIT is KES-9,343 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mumias Sugar Co stock overvalued right now?
Mumias Sugar Co (NAI:MSC) has a current EBIT of KES-9,343 Mil. The current EBIT is KES-9,343 Mil. Mumias Sugar Co's overall GF Score™ is 6/100. 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 Mumias Sugar Co (NAI:MSC), the current EBIT is KES-9,343 Mil as of Jun. 2018. 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.

Mumias Sugar Co Business Description

Address Kakamega-Bungoma Road, P. O Box Private Bag, Kakamega County, Mumias, KEN
Mumias Sugar Co Ltd is engaged in the production and sale of sugar, ethanol, water. The company is also engaged in the generation and sale of electricity, and also sells bottled drinking water. Its segments include Sugar; Energy; Ethanol and Water in which Sugar segment generates most of the revenue.
6GF Score

Get the complete analysis for NAI:MSC

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

KES0.28
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