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The Philippine Stock Exchange (PHS:PSE) EBIT : ₱1,022 Mil (TTM As of Mar. 2024)


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What is The Philippine Stock Exchange EBIT?

The Philippine Stock Exchange's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was ₱300 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was ₱1,022 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. The Philippine Stock Exchange's annualized ROC % for the quarter that ended in Mar. 2024 was 15.67%. The Philippine Stock Exchange's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 99.41%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. The Philippine Stock Exchange's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 8.17%.


The Philippine Stock Exchange EBIT Historical Data

The historical data trend for The Philippine Stock Exchange'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.

The Philippine Stock Exchange EBIT Chart

The Philippine Stock Exchange 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 881.53 870.28 1,201.44 971.46 971.16

The Philippine Stock Exchange Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 248.96 246.74 222.24 253.22 299.69

Competitive Comparison of The Philippine Stock Exchange's EBIT

For the Financial Data & Stock Exchanges subindustry, The Philippine Stock Exchange'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.


The Philippine Stock Exchange's EV-to-EBIT Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, The Philippine Stock Exchange's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where The Philippine Stock Exchange's EV-to-EBIT falls into.



The Philippine Stock Exchange 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ₱1,022 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.


The Philippine Stock Exchange  (PHS:PSE) EBIT Explanation

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

The Philippine Stock Exchange's annualized ROC % for the quarter that ended in Mar. 2024 is calculated as:

ROC % (Q: Mar. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2023 ) + Invested Capital (Q: Mar. 2024 ))/ count )
=713.412 * ( 1 - 18.81% )/( (3497.343 + 3894.429)/ 2 )
=579.2192028/3695.886
=15.67 %

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))
=7143.281 - 224.372 - ( 3850.443 - max(0, 650.636 - 4072.202+3850.443))
=3497.343

Invested Capital(Q: Mar. 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))
=7412.269 - 823.883 - ( 4056.196 - max(0, 1679.33 - 4373.287+4056.196))
=3894.429

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

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

The Philippine Stock Exchange's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2023  Q: Mar. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=1198.756/( ( (1224.631 + max(-406.736, 0)) + (1187.138 + max(-1345.172, 0)) )/ 2 )
=1198.756/( ( 1224.631 + 1187.138 )/ 2 )
=1198.756/1205.8845
=99.41 %

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)
=(109.555 + 0 + 112.188) - (224.372 + 0 + 404.107)
=-406.736

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(120.822 + 0 + 196.269) - (823.883 + 0 + 838.38)
=-1345.172

When net working capital is negative, 0 is used.

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

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

The Philippine Stock Exchange's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=1021.891/12514.392
=8.17 %

* 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.


The Philippine Stock Exchange EBIT Related Terms

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The Philippine Stock Exchange (PHS:PSE) Business Description

Traded in Other Exchanges
N/A
Address
28th Street, 5th Avenue corner, 6th to 10th floors, PSE tower, Bonifacio Global City, Taguig, PHL, 1634
The Philippine Stock Exchange Inc is a Philippines-based stock corporation. Its core business is to provide and maintain a convenient and suitable market for the exchange, purchase, and sale of all types of securities and other instruments. The company provides trading, clearing, depository, and information services for the equity market. It also operates activities of clearance and settlement agencies through its wholly-owned subsidiaries. The sources of revenue mainly consist of listing-related fees for initial public offerings, annual listing maintenance membership, transactions, data feeds, and miscellaneous fees. Geographically, the company's prime revenue is derived from domestic operations.

The Philippine Stock Exchange (PHS:PSE) Headlines

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