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Port of Tauranga (NZSE:POT) EBIT : NZ$157.9 Mil (TTM As of Dec. 2023)


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What is Port of Tauranga EBIT?

Port of Tauranga's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2023 was NZ$73.8 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was NZ$157.9 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Port of Tauranga's annualized ROC % for the quarter that ended in Dec. 2023 was 3.53%. Port of Tauranga's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 5.93%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Port of Tauranga's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 4.21%.


Port of Tauranga EBIT Historical Data

The historical data trend for Port of Tauranga'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.

Port of Tauranga EBIT Chart

Port of Tauranga 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 153.60 136.29 151.99 164.77 177.30

Port of Tauranga 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 83.31 81.45 93.28 84.03 73.83

Competitive Comparison of Port of Tauranga's EBIT

For the Marine Shipping subindustry, Port of Tauranga'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.


Port of Tauranga's EV-to-EBIT Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Port of Tauranga's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Port of Tauranga's EV-to-EBIT falls into.



Port of Tauranga 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$157.9 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.


Port of Tauranga  (NZSE:POT) EBIT Explanation

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

Port of Tauranga'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 )
=142.662 * ( 1 - 26.04% )/( (2926.815 + 3045.755)/ 2 )
=105.5128152/2986.285
=3.53 %

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))
=2831.502 - 41.966 - ( 20.366 - max(0, 343.721 - 87.502+20.366))
=3045.755

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:

Port of Tauranga'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 )
=147.664/( ( (2474.135 + max(5.475, 0)) + (2480.647 + max(19.442, 0)) )/ 2 )
=147.664/( ( 2479.61 + 2500.089 )/ 2 )
=147.664/2489.8495
=5.93 %

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)
=(63.136 + 1.986 + 0.034999999999997) - (38.412 + 16.533 + 4.737)
=5.475

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(65.077 + 1.829 + 0.23) - (41.966 + 3.382 + 2.346)
=19.442

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:

Port of Tauranga's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2023 )
=157.857/3749.651
=4.21 %

* 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.


Port of Tauranga EBIT Related Terms

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Port of Tauranga (NZSE:POT) Business Description

Traded in Other Exchanges
Address
Salisbury Avenue, Private Bag 12504, Tauranga Mail Centre, Mount Maunganui, Tauranga, NTL, NZL, 3143
The Port of Tauranga Limited, situated in the Bay of Plenty on the east coast of New Zealand, is the country's largest port, handling both container and break bulk cargo. It is involved in export and import of cargo and runs a rail link through to Auckland. The biggest commodities traded through the port are logs and forestry, dairy, fertilizers, oil and coal. The firm's principal activities also include the leasing of land and buildings.

Port of Tauranga (NZSE:POT) Headlines

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