Milton Industries (NSE:MILTON) EBIT: ₹61.8 Mil (TTM As of Mar. 2024)


NSE:MILTON Milton Industries Ltd NSE:MILTON
4 GF Score
Price ₹40.00
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What is Milton Industries EBIT?

Milton Industries NSE:MILTON 4 EBIT is ₹61.8 Mil as of Mar. 2024. GuruFocus rates NSE:MILTON with a GF Score™ of 4/100.

Milton Industries's earnings before interest and taxes (EBIT) for the six months ended in Mar. 2024 was ₹61.8 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was ₹61.8 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Milton Industries's annualized ROC % for the quarter that ended in Mar. 2024 was 6.99%. Milton Industries's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 11.61%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Milton Industries's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 6.17%.

Milton Industries  (NSE:MILTON) EBIT Explanation

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

Milton Industries's annualized ROC % for the quarter that ended in Mar. 2024 is calculated as:

ROC % (Q: Mar. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Mar. 2023 ) + Invested Capital (Q: Mar. 2024 ))/ count )
=59.152 * ( 1 - 25.74% )/( (611.054 + 645.903)/ 2 )
=43.9262752/628.4785
=6.99 %

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))
=740.862 - 117.9 - ( 11.908 - max(0, 258.143 - 606.917+11.908))
=611.054

Invested Capital(Q: Mar. 2024 )
=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))
=731.456 - 78.904 - ( 6.649 - max(0, 224.391 - 609.736+6.649))
=645.903

Note: The Operating Income data used here is one times the annual (Mar. 2024) data.

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

Milton Industries's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Mar. 2023  Q: Mar. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=61.752/( ( (124.062 + max(403.052, 0)) + (115.763 + max(421.159, 0)) )/ 2 )
=61.752/( ( 527.114 + 536.922 )/ 2 )
=61.752/532.018
=11.61 %

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)
=(264.862 + 234.148 + 35.356) - (117.9 + 0 + 13.414)
=403.052

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(245.218 + 249.903 + 27.716) - (78.904 + 0 + 22.774)
=421.159

When net working capital is negative, 0 is used.

Note: The EBIT data used here is one times the annual (Mar. 2024) EBIT data.

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

Milton Industries's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=61.752/1000.373
=6.17 %

* 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.

Milton Industries EBIT Related Terms

Milton Industries EBIT Historical Data

* Premium members only.

The historical data trend for Milton Industries'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.

Milton Industries EBIT Chart

Milton Industries Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 65.38 53.49 52.45 49.22 61.75

Milton Industries Semi-Annual Data
Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 65.38 53.49 52.45 49.22 61.75

NSE:MILTON vs SSD, UFPI, BCC: EBIT Comparison

For the Lumber & Wood Production subindustry, Milton Industries'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.

Milton Industries EV-to-EBIT vs Forest Products Industry

For the Forest Products industry and Basic Materials sector, Milton Industries's EV-to-EBIT distribution charts can be found below:

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


NSE:MILTON
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Milton Industries Ltd NSE:MILTON
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Milton Industries 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 Mar. 2024 was ₹61.8 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 ₹61.8 Mil mean?
Milton Industries (NSE:MILTON) has a EBIT of ₹61.8 Mil as of Mar. 2024. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Milton Industries.
Is Milton Industries' EBIT too high?
Milton Industries' current EBIT is ₹61.8 Mil. Overall, Milton Industries has a GF Score™ of 4/100, reflecting its overall financial health beyond just this single metric.
How does Milton Industries' EBIT compare to SSD and UFPI?
Milton Industries' EBIT of ₹61.8 Mil can be compared against companies in the Forest Products 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 Forest Products company?
A good EBIT depends on the Forest Products 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 Milton Industries. Milton Industries's current EBIT is ₹61.8 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Milton Industries stock overvalued right now?
Milton Industries (NSE:MILTON) has a current EBIT of ₹61.8 Mil. The current EBIT is ₹61.8 Mil. Milton Industries' overall GF Score™ is 4/100. 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 Milton Industries (NSE:MILTON), the current EBIT is ₹61.8 Mil as of Mar. 2024. 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.

Milton Industries Business Description

Address Ashram Road, 1/2, Chitra-Ami Appartment, Opposite La Gajjar Chamber, Ahmedabad, GJ, IND, 380009
Milton Industries Ltd is engaged in the manufacturing of laminated sheets and other allied products. The firm produces artificial leather cloth and glass fiber reinforced epoxy (GFRE) sheets. It also manufactures, exports high-pressure laminates, industrial laminates, laminated boards, flooring laminates, artificial leather cloth, and other products. The business operates in three segments: Laminate, Rexine, and GFRE, of which the majority of the revenue comes from the GFRE division. The company's products are applicable on walls, doors, windows, cupboards, tabletops, hotels, cash counters and home kitchens. The majority of the revenue comes from the Indian market.
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EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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