Magson Retail and Distribution (NSE:MAGSON) EBIT : ₹39.0 Mil (TTM As of Sep. 2023)

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What is Magson Retail and Distribution EBIT?

Magson Retail and Distribution's earnings before interest and taxes (EBIT) for the six months ended in Sep. 2023 was ₹15.4 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2023 was ₹39.0 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Magson Retail and Distribution's annualized ROC % for the quarter that ended in Sep. 2023 was 9.84%. Magson Retail and Distribution's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2023 was 29.34%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Magson Retail and Distribution's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2023 was 6.07%.

Magson Retail and Distribution EBIT Historical Data

The historical data trend for Magson Retail and Distribution'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.

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Magson Retail and Distribution EBIT Chart

Magson Retail and Distribution Annual Data

Trend

Mar21

Mar22

Mar23

EBIT

28.15

35.71

38.04

Magson Retail and Distribution Semi-Annual Data
	Mar21	Mar22	Sep22	Mar23	Sep23
EBIT	-	-	14.51	23.54	15.42

Competitive Comparison of Magson Retail and Distribution's EBIT

For the Grocery Stores subindustry, Magson Retail and Distribution'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.

Magson Retail and Distribution's EV-to-EBIT Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Magson Retail and Distribution's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Magson Retail and Distribution's EV-to-EBIT falls into.

Magson Retail and Distribution 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 semi-annually data reported by the company within the most recent 12 months, which was ₹39.0 Mil.

Magson Retail and Distribution (NSE:MAGSON) EBIT Explanation

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

Magson Retail and Distribution'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: Mar. 2023 )	+	Invested Capital (Q: Sep. 2023 ))	/ count )
=	21.684 * ( 1 - 22.15% )	/	( (146.553	+	196.507)	/ 2 )
=	16.880994	/	171.53
=	9.84 %

where

	Invested Capital		(Q: Mar. 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	))
=	199.987	-	44.907	-	( 8.527	-	max(0, 90.7	-	142.943	+	8.527	))
=	146.553

	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	))
=	324.125	-	32.542	-	( 95.076	-	max(0, 90.379	-	266.758	+	95.076	))
=	196.507

Note: The Operating Income data used here is two times the semi-annual (Sep. 2023) data.

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

Magson Retail and Distribution'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: Mar. 2023		Q: Sep. 2023
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	30.83	/	( ( (47.52 + max(59.981, 0))	+	(45.314 + max(57.377, 0)) )	/	2 )
=	30.83	/	( ( 107.501	+	102.691 )	/	2 )
=	30.83	/	105.096
=	29.34 %

where Working Capital is:

	Working Capital		(Q: Mar. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(14.07	+	96.646	+	23.7)	-	(44.907	+	0	+	29.528)
=	59.981

	Working Capital		(Q: Sep. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(44.116	+	93.631	+	-5.6843418860808E-14)	-	(32.542	+	0	+	47.828)
=	57.377

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Sep. 2023) EBIT data.

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

Magson Retail and Distribution's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Sep. 2023 )
	=	38.951	/	641.193
	=	6.07 %

Magson Retail and Distribution EBIT Related Terms

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Magson Retail and Distribution (NSE:MAGSON) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Magson Retail and Distribution Ltd (NSE:MAGSON) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

N/A

Address

Near Judges Bungalows Cross Roads, 204-B, Primate Complex, Opposite Mother Milk Palace, Bodakdev, Ahmedabad, GJ, IND, 380015

Website

https://www.magson.in

Magson Retail and Distribution Ltd is engaged in the retail and Distribution business of gourmet, frozen food, and specialty foods. The company operates retail stores through and own stores, jointly owned stores, and a franchise model under its brand name 'MagSon'. In addition, the company has a separate chocolate store that is operated under the brand name 'My Chocolate World'.

Magson Retail and Distribution (NSE:MAGSON) Headlines

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