Veritaas Advertising (NSE:VERITAAS) EBIT : ₹11.82 Mil (TTM As of Sep. 2024)

View and export this data going back to 2024. Start your Free Trial

What is Veritaas Advertising EBIT?

Veritaas Advertising's earnings before interest and taxes (EBIT) for the six months ended in Sep. 2024 was ₹11.82 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2024 was ₹11.82 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Veritaas Advertising's annualized ROC % for the quarter that ended in Sep. 2024 was 9.67%. Veritaas Advertising's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 30.76%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Veritaas Advertising's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 4.45%.

Veritaas Advertising EBIT Historical Data

The historical data trend for Veritaas Advertising'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.

Veritaas Advertising EBIT Chart

Veritaas Advertising Annual Data

Trend

Mar21

Mar22

Mar23

EBIT

2.64

1.91

8.07

Veritaas Advertising Semi-Annual Data
	Mar21	Mar22	Mar23	Sep23	Sep24
EBIT	-	-	-	9.96	11.82

Competitive Comparison of Veritaas Advertising's EBIT

For the Advertising Agencies subindustry, Veritaas Advertising'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.

Veritaas Advertising's EV-to-EBIT Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Veritaas Advertising's EV-to-EBIT distribution charts can be found below:

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

Save Embed

Veritaas Advertising 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. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was ₹11.82 Mil.

Veritaas Advertising (NSE:VERITAAS) EBIT Explanation

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

Veritaas Advertising's annualized ROC % for the quarter that ended in Sep. 2024 is calculated as:

	ROC % (Q: Sep. 2024 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Sep. 2023 )	+	Invested Capital (Q: Sep. 2024 ))	/ count )
=	19.768 * ( 1 - 19.66% )	/	( (0	+	164.245)	/ 1 )
=	15.8816112	/	164.245
=	9.67 %

where

	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	))
=	0	-	0	-	( 0	-	max(0, 0	-	0	+	0	))
=	0

	Invested Capital		(Q: Sep. 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	))
=	193.793	-	26.699	-	( 2.849	-	max(0, 54.276	-	129.913	+	2.849	))
=	164.245

Note: The Operating Income data used here is two times the semi-annual (Sep. 2024) data.

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

Veritaas Advertising's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Sep. 2024 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Sep. 2023		Q: Sep. 2024
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	23.634	/	( ( (0 + max(0, 0))	+	(22.425 + max(54.418, 0)) )	/	1 )
=	23.634	/	( ( 0	+	76.843 )	/	1 )
=	23.634	/	76.843
=	30.76 %

where Working Capital is:

	Working Capital		(Q: Sep. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0	+	0	+	0)	-	(0	+	0	+	0)
=	0

	Working Capital		(Q: Sep. 2024 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(47.37	+	4.195	+	39.995)	-	(26.699	+	0	+	10.443)
=	54.418

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Sep. 2024) EBIT data.

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

Veritaas Advertising's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Sep. 2024 )
	=	11.817	/	265.762
	=	4.45 %

Veritaas Advertising EBIT Related Terms

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

Veritaas Advertising Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Veritaas Advertising Ltd (NSE:VERITAAS) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

N/A

Address

Gariahat South Road, 38/2A, Dhakuria, Rash Behari Avenue, Kolkata, WB, IND, 700029

Website

https://www.veritaasadvertising.com

Veritaas Advertising Ltd is an integrated advertising agency offering 360-degree services across multiple platforms. It operate/advertise in police booths and outdoor hoardings and offer marketing and advertising services through the following platforms OOH, Transit Media and Events. It provide high-end ecosystem and end-to-end advertising solutions platform for advertising media services consisting of Brand Strategy, Events, Outdoor (OOH) Media services which covers advertisement modes such as police booth hoardings, Newspapers insertions, Brochures, and display of Outdoor Hoardings, etc.

Veritaas Advertising Headlines

No Headlines