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Liberty Flour Mills (PHS:LFM) EBIT : ₱310 Mil (TTM As of Sep. 2024)


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What is Liberty Flour Mills EBIT?

Liberty Flour Mills's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2024 was ₱101 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2024 was ₱310 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Liberty Flour Mills's annualized ROC % for the quarter that ended in Sep. 2024 was 7.05%. Liberty Flour Mills's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 32.46%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Liberty Flour Mills's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 10.53%.


Liberty Flour Mills EBIT Historical Data

The historical data trend for Liberty Flour Mills'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.

Liberty Flour Mills EBIT Chart

Liberty Flour Mills Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 152.21 280.81 213.38 -49.37 134.62

Liberty Flour Mills Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 98.84 86.24 56.88 65.78 100.78

Competitive Comparison of Liberty Flour Mills's EBIT

For the Packaged Foods subindustry, Liberty Flour Mills'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.


Liberty Flour Mills's EV-to-EBIT Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Liberty Flour Mills's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Liberty Flour Mills's EV-to-EBIT falls into.



Liberty Flour Mills 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 quarterly data reported by the company within the most recent 12 months, which was ₱310 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.


Liberty Flour Mills  (PHS:LFM) EBIT Explanation

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

Liberty Flour Mills'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: Jun. 2024 ) + Invested Capital (Q: Sep. 2024 ))/ count )
=344.704 * ( 1 - 23.25% )/( (3777.344 + 3731.041)/ 2 )
=264.56032/3754.1925
=7.05 %

where

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))
=4410.966 - 597.837 - ( 101.724 - max(0, 1610.952 - 1646.737+101.724))
=3777.344

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))
=4360.333 - 536.195 - ( 119.32 - max(0, 1535.132 - 1628.229+119.32))
=3731.041

Note: The Operating Income data used here is four times the quarterly (Sep. 2024) data.

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

Liberty Flour Mills'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: Jun. 2024  Q: Sep. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=403.116/( ( (315.167 + max(911.478, 0)) + (316.528 + max(940.968, 0)) )/ 2 )
=403.116/( ( 1226.645 + 1257.496 )/ 2 )
=403.116/1242.0705
=32.46 %

where Working Capital is:

Working Capital(Q: Jun. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1096.145 + 244.707 + 178.604) - (597.837 + 0 + 10.141)
=911.478

Working Capital(Q: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1111.029 + 147.245 + 224.852) - (536.195 + 0 + 5.963)
=940.968

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Sep. 2024) EBIT data.

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

Liberty Flour Mills's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2024 )
=309.688/2939.860
=10.53 %

* 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.


Liberty Flour Mills EBIT Related Terms

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Liberty Flour Mills Business Description

Traded in Other Exchanges
N/A
Address
835 Antonio Arnaiz Avenue, Liberty Building, Makati, PHL, 1223
Liberty Flour Mills Inc is a Philippines-based company. It operates in various business segments that are Bakery Flour, which manufactures flour and distributes its products; Mill Feed, which involves the utilization of its by-products and distribution/sales of its produce; and Real Estate and Investment, which involves the leasing of office and commercial units and investment in securities. The Bakery Flour Segment generates the majority of revenue for the company. Its products consist of EL Superior and LFM Bakers, pine tree and LFM soft.

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