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PGG Wrightson (NZSE:PGW) EBIT : NZ$18.1 Mil (TTM As of Dec. 2023)


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What is PGG Wrightson EBIT?

PGG Wrightson's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2023 was NZ$21.4 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was NZ$18.1 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. PGG Wrightson's annualized ROC % for the quarter that ended in Dec. 2023 was 9.24%. PGG Wrightson's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 14.15%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. PGG Wrightson's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 6.06%.


PGG Wrightson EBIT Historical Data

The historical data trend for PGG Wrightson'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.

PGG Wrightson EBIT Chart

PGG Wrightson Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.47 11.45 31.06 34.39 29.49

PGG Wrightson Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 33.19 1.20 32.79 -3.31 21.38

Competitive Comparison of PGG Wrightson's EBIT

For the Specialty Business Services subindustry, PGG Wrightson'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.


PGG Wrightson's EV-to-EBIT Distribution in the Business Services Industry

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

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



PGG Wrightson 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 Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was NZ$18.1 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.


PGG Wrightson  (NZSE:PGW) EBIT Explanation

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

PGG Wrightson's annualized ROC % for the quarter that ended in Dec. 2023 is calculated as:

ROC % (Q: Dec. 2023 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jun. 2023 ) + Invested Capital (Q: Dec. 2023 ))/ count )
=43.944 * ( 1 - 27.32% )/( (327.778 + 363.728)/ 2 )
=31.9384992/345.753
=9.24 %

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))
=642.347 - 265.312 - ( 13.307 - max(0, 350.934 - 481.057+13.307))
=363.728

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

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

PGG Wrightson's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 is calculated as:

ROC (Joel Greenblatt) %(Q: Dec. 2023 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2023  Q: Dec. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=42.758/( ( (130.809 + max(142.969, 0)) + (128.643 + max(202.005, 0)) )/ 2 )
=42.758/( ( 273.778 + 330.648 )/ 2 )
=42.758/302.213
=14.15 %

where Working Capital is:

Working Capital(Q: Jun. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(119.775 + 107.533 + 80.656) - (164.107 + 0 + 0.88800000000001)
=142.969

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(294.198 + 130.769 + 42.783) - (265.312 + 0 + 0.43300000000005)
=202.005

When net working capital is negative, 0 is used.

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

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

PGG Wrightson's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2023 )
=18.074/298.197
=6.06 %

* 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.


PGG Wrightson EBIT Related Terms

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PGG Wrightson (NZSE:PGW) Business Description

Traded in Other Exchanges
Address
1 Robin Mann Place, Christchurch Airport, Christchurch, CT, NZL, 8053
PGG Wrightson Ltd is an agriculture solutions provider predominantly in New Zealand. The company's reportable segments are, Agency, Retail & Water, and Other. The company generates maximum revenue from the Retail and Water segment which includes the rural supplies and fruitfed retail operations, PGG Wrightson Water, PGW Consulting, Agritrade, and ancillary sales support, supply chain, and marketing functions. The Agency segment includes rural Livestock trading activities, export livestock, wool, insurance, real estate, and finance commission. The company principally operates in New Zealand.

PGG Wrightson (NZSE:PGW) Headlines

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