GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » QMS Medical Allied Services Ltd (NSE:QMSMEDI) » Definitions » EBIT

QMS Medical Allied Services (NSE:QMSMEDI) EBIT : ₹154 Mil (TTM As of Jun. 2024)


View and export this data going back to 2022. Start your Free Trial

What is QMS Medical Allied Services EBIT?

QMS Medical Allied Services's earnings before interest and taxes (EBIT) for the three months ended in Jun. 2024 was ₹42 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2024 was ₹154 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. QMS Medical Allied Services's annualized ROC % for the quarter that ended in Jun. 2024 was 10.41%. QMS Medical Allied Services's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was 16.52%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. QMS Medical Allied Services's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was 6.57%.


QMS Medical Allied Services EBIT Historical Data

The historical data trend for QMS Medical Allied Services'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.

* Premium members only.

QMS Medical Allied Services EBIT Chart

QMS Medical Allied Services Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24
EBIT
92.54 162.16 165.80 107.03 151.19

QMS Medical Allied Services Quarterly Data
Mar20 Mar21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 39.23 41.54 41.06 29.35 41.83

Competitive Comparison of QMS Medical Allied Services's EBIT

For the Medical Instruments & Supplies subindustry, QMS Medical Allied Services'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.


QMS Medical Allied Services's EV-to-EBIT Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, QMS Medical Allied Services's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where QMS Medical Allied Services's EV-to-EBIT falls into.



QMS Medical Allied Services 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 Jun. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹154 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.


QMS Medical Allied Services  (NSE:QMSMEDI) EBIT Explanation

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

QMS Medical Allied Services's annualized ROC % for the quarter that ended in Jun. 2024 is calculated as:

ROC % (Q: Jun. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Mar. 2024 ) + Invested Capital (Q: Jun. 2024 ))/ count )
=162.972 * ( 1 - 28.32% )/( (1121.942 + 0)/ 1 )
=116.8183296/1121.942
=10.41 %

where

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))
=1353.205 - 207.154 - ( 24.109 - max(0, 539.673 - 1057.734+24.109))
=1121.942

Note: The Operating Income data used here is four times the quarterly (Jun. 2024) data.

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

QMS Medical Allied Services's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Jun. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Mar. 2024  Q: Jun. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=167.316/( ( (233.927 + max(778.77, 0)) + (0 + max(0, 0)) )/ 1 )
=167.316/( ( 1012.697 + 0 )/ 1 )
=167.316/1012.697
=16.52 %

where Working Capital is:

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(413.921 + 375.831 + 206.963) - (207.154 + 0 + 10.791)
=778.77

Working Capital(Q: Jun. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0) - (0 + 0 + 0)
=0

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Jun. 2024) EBIT data.

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

QMS Medical Allied Services's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jun. 2024 )
=153.781/2341.980
=6.57 %

* 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.


QMS Medical Allied Services EBIT Related Terms

Thank you for viewing the detailed overview of QMS Medical Allied Services's EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.


QMS Medical Allied Services Business Description

Traded in Other Exchanges
N/A
Address
Prabhat Colony, Road No. 3, 1A-B/2A-B, Navkala Bharti Building, Plot No. 16, Near Santacruz Bus Depot, Santacruz (East), Mumbai, MH, IND, 400055
QMS Medical Allied Services Ltd is engaged in the marketing and distribution of a wide range of medical products as well as medical education services. The company's products are sold under brand name "QDevices" and also manage the distribution for other brands such as 3M, Heine, Rossmax and others. It offers medical products such as Blood Pressure Monitors, Glucose Monitoring Kits and strips, Dental Products, Personal protection kits eg-PPE kits, Infection prevention, Stethoscope and Oxygen Concentrator.

QMS Medical Allied Services Headlines

No Headlines