Propel Funeral Partners (Propel Funeral Partners) EBIT : $22.4 Mil (TTM As of Dec. 2023)

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What is Propel Funeral Partners EBIT?

Propel Funeral Partners's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2023 was $12.0 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was $22.4 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Propel Funeral Partners's annualized ROC % for the quarter that ended in Dec. 2023 was 4.55%. Propel Funeral Partners's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 13.19%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Propel Funeral Partners's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 3.50%.

Propel Funeral Partners EBIT Historical Data

The historical data trend for Propel Funeral Partners'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.

Propel Funeral Partners EBIT Chart

Propel Funeral Partners Annual Data

Trend

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

EBIT

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12.60

11.02

17.85

3.26

21.40

Propel Funeral Partners Semi-Annual Data
	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
EBIT	Get a 7-Day Free Trial								-6.73	9.88	11.11	10.35	12.05

Competitive Comparison of Propel Funeral Partners's EBIT

For the Personal Services subindustry, Propel Funeral Partners'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.

Propel Funeral Partners's EV-to-EBIT Distribution in the Personal Services Industry

For the Personal Services industry and Consumer Cyclical sector, Propel Funeral Partners's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Propel Funeral Partners's EV-to-EBIT falls into.

Propel Funeral Partners 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 $22.4 Mil.

Propel Funeral Partners (OTCPK:PFPLF) EBIT Explanation

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

Propel Funeral Partners'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 )
=	25.732 * ( 1 - 32.78% )	/	( (346.188	+	413.414)	/ 2 )
=	17.2970504	/	379.801
=	4.55 %

where

	Invested Capital		(Q: Jun. 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	))
=	362.322	-	7.978	-	( 31.464	-	max(0, 78.6	-	86.756	+	31.464	))
=	346.188

	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	))
=	401.608	-	10.718	-	( 5.807	-	max(0, 92.398	-	69.874	+	5.807	))
=	413.414

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:

Propel Funeral Partners'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 )
=	24.09	/	( ( (165.936 + max(-8.699, 0))	+	(199.39 + max(-9.095, 0)) )	/	2 )
=	24.09	/	( ( 165.936	+	199.39 )	/	2 )
=	24.09	/	182.663
=	13.19 %

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)
=	(6.291	+	3.238	+	44.717)	-	(7.978	+	0	+	54.967)
=	-8.699

	Working Capital		(Q: Dec. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(8.862	+	3.975	+	51.23)	-	(10.718	+	0	+	62.444)
=	-9.095

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:

Propel Funeral Partners's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Dec. 2023 )
	=	22.391	/	639.442
	=	3.50 %

Propel Funeral Partners EBIT Related Terms

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Propel Funeral Partners (Propel Funeral Partners) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Personal Services » Propel Funeral Partners Ltd (OTCPK:PFPLF) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

PFP:Australia

Address

135 King Street, Level 18.03, Sydney, NSW, AUS, 2000

Website

https://www.propelfuneralpartners.com.au

Propel Funeral Partners Ltd is an Australia-based company engaged in the provision of death care services. The company owns funeral homes, cremation facilities, cemeteries, and related infrastructure in Queensland, New South Wales, Victoria, Tasmania, South Australia, Western Australia, Australian Capital Territory, and New Zealand. It offers a range of services and products across death care such as tailored to personal, religious, or ethnic preferences. The Group is organized into two geographic segments, Australian operations, and New Zealand operations, both of which operate in the death care-related services industry. The Group generates the majority of its revenue from the Australia operations.

Propel Funeral Partners (Propel Funeral Partners) Headlines

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