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NWSGY (CTF Services) EBIT : $580 Mil (TTM As of Jun. 2024)


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What is CTF Services EBIT?

CTF Services's earnings before interest and taxes (EBIT) for the six months ended in Jun. 2024 was $282 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2024 was $580 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. CTF Services's annualized ROC % for the quarter that ended in Jun. 2024 was 1.37%. CTF Services's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was 194.80%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. CTF Services's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was 16.07%.


CTF Services EBIT Historical Data

The historical data trend for CTF 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.

CTF Services EBIT Chart

CTF Services Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 334.10 410.71 397.83 556.42 578.67

CTF Services Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 245.32 312.59 286.46 282.34 297.88

Competitive Comparison of CTF Services's EBIT

For the Engineering & Construction subindustry, CTF 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.


CTF Services's EV-to-EBIT Distribution in the Construction Industry

For the Construction industry and Industrials sector, CTF Services's EV-to-EBIT distribution charts can be found below:

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



CTF 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 semi-annually data reported by the company within the most recent 12 months, which was $580 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.


CTF Services  (OTCPK:NWSGY) EBIT Explanation

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

CTF 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: Dec. 2023 ) + Invested Capital (Q: Jun. 2024 ))/ count )
=410.346 * ( 1 - 21.04% )/( (23487.618 + 23900.205)/ 2 )
=324.0092016/23693.9115
=1.37 %

where

Invested Capital(Q: Dec. 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))
=20839.061 - 1445.863 - ( 4013.598 - max(0, 9531.742 - 5437.322+4013.598))
=23487.618

Invested Capital(Q: Jun. 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))
=19857.068 - 1314.994 - ( 3051.127 - max(0, 9730.653 - 4372.522+3051.127))
=23900.205

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

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

CTF 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: Dec. 2023  Q: Jun. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=564.686/( ( (294.668 + max(-8166.112, 0)) + (285.096 + max(-8413.177, 0)) )/ 2 )
=564.686/( ( 294.668 + 285.096 )/ 2 )
=564.686/289.882
=194.80 %

where Working Capital is:

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1219.89 + 37.005 + 0) - (1445.863 + 0 + 7977.144)
=-8166.112

Working Capital(Q: Jun. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1172.714 + 2.356 + 47.797) - (1314.994 + 0 + 8321.05)
=-8413.177

When net working capital is negative, 0 is used.

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

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jun. 2024 )
=580.218/3610.960
=16.07 %

* 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.


CTF Services EBIT Related Terms

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CTF Services Business Description

Traded in Other Exchanges
Address
888 Lai Chi Kok Road, 21st Floor, NCB Innovation Centre, Cheung Sha Wan, Kowloon, HKG
CTF Services Ltd is a conglomerate with a diversified portfolio of businesses, predominantly in Hong Kong and the Mainland. The group's businesses include toll roads, construction, insurance, logistics, and facilities management.