Artedz Fabs (NSE:ARTEDZ) EBIT: ₹53.0 Mil (TTM As of Sep. 2018)


What is Artedz Fabs EBIT?

Artedz Fabs NSE:ARTEDZ EBIT is ₹53.0 Mil as of Sep. 2018.

Artedz Fabs's earnings before interest and taxes (EBIT) for the six months ended in Sep. 2018 was ₹53.0 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2018 was ₹53.0 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Artedz Fabs's annualized ROC % for the quarter that ended in Sep. 2018 was 22.03%. Artedz Fabs's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2018 was 28.59%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Artedz Fabs's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2018 was 31.52%.

Artedz Fabs  (NSE:ARTEDZ) EBIT Explanation

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

Artedz Fabs's annualized ROC % for the quarter that ended in Sep. 2018 is calculated as:

ROC % (Q: Sep. 2018 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Mar. 2018 ) + Invested Capital (Q: Sep. 2018 ))/ count )
=118.362 * ( 1 - 27.75% )/( (364.434 + 412.048)/ 2 )
=85.516545/388.241
=22.03 %

where

Invested Capital(Q: Mar. 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))
=614.814 - 250.142 - ( 0.238 - max(0, 377.16 - 549.5+0.238))
=364.434

Invested Capital(Q: Sep. 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))
=740.86 - 328.417 - ( 0.395 - max(0, 471.41 - 680.165+0.395))
=412.048

Note: The Operating Income data used here is two times the semi-annual (Sep. 2018) data.

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

Artedz Fabs's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2018 is calculated as:

ROC (Joel Greenblatt) %(Q: Sep. 2018 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Mar. 2018  Q: Sep. 2018
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=106.03/( ( (58.797 + max(293.37, 0)) + (54.086 + max(335.357, 0)) )/ 2 )
=106.03/( ( 352.167 + 389.443 )/ 2 )
=106.03/370.805
=28.59 %

where Working Capital is:

Working Capital(Q: Mar. 2018 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(337.022 + 208.241 + 3.9989999999999) - (250.142 + 0 + 5.7500000000001)
=293.37

Working Capital(Q: Sep. 2018 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(431.58 + 241.974 + 6.216) - (328.417 + 0 + 15.996)
=335.357

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Sep. 2018) EBIT data.

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

Artedz Fabs's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2018 )
=53.015/168.204
=31.52 %

* 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.

Artedz Fabs EBIT Related Terms

Artedz Fabs EBIT Historical Data

* Premium members only.

The historical data trend for Artedz Fabs'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.

Artedz Fabs EBIT Chart

Artedz Fabs Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18
EBIT
18.43 21.96 33.63 64.44 88.16

Artedz Fabs Semi-Annual Data
Mar14 Mar15 Mar16 Mar17 Mar18 Sep18
EBIT Get a 7-Day Free Trial 0.00 0.00 0.00 0.00 53.02

NSE:ARTEDZ vs : EBIT Comparison

For the Textile Manufacturing subindustry, Artedz Fabs'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.

Artedz Fabs EV-to-EBIT vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Artedz Fabs's EV-to-EBIT distribution charts can be found below:

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


Artedz Fabs 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. 2018 adds up the semi-annually data reported by the company within the most recent 12 months, which was ₹53.0 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 ₹53.0 Mil mean?
Artedz Fabs (NSE:ARTEDZ) has a EBIT of ₹53.0 Mil as of Sep. 2018. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Artedz Fabs.
Is Artedz Fabs' EBIT too high?
Artedz Fabs' current EBIT is ₹53.0 Mil.
How does Artedz Fabs' EBIT compare to ?
Artedz Fabs' EBIT of ₹53.0 Mil can be compared against companies in the Manufacturing - Apparel & Accessories 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 Manufacturing - Apparel & Accessories company?
A good EBIT depends on the Manufacturing - Apparel & Accessories 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 Artedz Fabs. Artedz Fabs's current EBIT is ₹53.0 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Artedz Fabs stock overvalued right now?
Artedz Fabs (NSE:ARTEDZ) has a current EBIT of ₹53.0 Mil. The current EBIT is ₹53.0 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 Artedz Fabs (NSE:ARTEDZ), the current EBIT is ₹53.0 Mil as of Sep. 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.

Artedz Fabs Business Description

Comparable Companies
Address Off Aarey Road, 206, Gambhir Industrial Estate, Opposite Paramount Print, Hanuman Tekdi, Mumbai, MH, IND, 400063
Artedz Fabs Ltd is a leading manufacturer of cotton yarn dyed fabrics in India. The portfolio encompasses manufacturing of premium quality apparel fabrics for men's clothing by producing various fabric blends and selling directly to manufacturers, retailers and global brands. Besides the regular cotton qualities, it also deals in fancy yarns like slubs, blended yarns like tensil linens, cotton modals, cotton linens and lycra.