SP New Energy (PHS:SPNEC) EBIT: ₱6,448 Mil (TTM As of Sep. 2024)


PHS:SPNEC SP New Energy Corp PHS:SPNEC
33 GF Score
Price ₱1.34
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What is SP New Energy EBIT?

SP New Energy PHS:SPNEC +2.29% 33 EBIT is ₱6,448 Mil as of Sep. 2024. GuruFocus rates PHS:SPNEC with a GF Score™ of 33/100.

SP New Energy's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2024 was ₱-74 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2024 was ₱6,448 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. SP New Energy's annualized ROC % for the quarter that ended in Sep. 2024 was -0.68%. SP New Energy's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was -1.05%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. SP New Energy's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 10.14%.

SP New Energy  (PHS:SPNEC) EBIT Explanation

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

SP New Energy'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 )
=-292.908 * ( 1 - 0% )/( (42519.34 + 43442.802)/ 2 )
=-292.908/42981.071
=-0.68 %

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))
=51224.252 - 931.981 - ( 8556.129 - max(0, 1407.502 - 9180.433+8556.129))
=42519.34

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))
=50860.209 - 846.593 - ( 6940.138 - max(0, 1216.492 - 7787.306+6940.138))
=43442.802

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

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

SP New Energy'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 )
=-294.504/( ( (27402.857 + max(-517.299, 0)) + (28429.183 + max(-188.924, 0)) )/ 2 )
=-294.504/( ( 27402.857 + 28429.183 )/ 2 )
=-294.504/27916.02
=-1.05 %

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)
=(397.864 + 24.721 + 100.196) - (931.981 + 0 + 108.099)
=-517.299

Working Capital(Q: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(177.694 + 0 + 489.078) - (846.593 + 0 + 9.1030000000001)
=-188.924

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:

SP New Energy's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2024 )
=6448.022/63572.422
=10.14 %

* 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.

SP New Energy EBIT Related Terms

SP New Energy EBIT Historical Data

* Premium members only.

The historical data trend for SP New Energy'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.

SP New Energy EBIT Chart

SP New Energy Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Jun22 Dec23
EBIT
Get a 7-Day Free Trial -0.69 -6.35 -4.84 -62.81 6,138.76

SP New Energy Quarterly Data
Dec17 Dec18 Dec19 Dec20 Jun21 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 135.44 6,019.67 224.85 277.13 -73.63

PHS:SPNEC vs CEG: EBIT Comparison

For the Utilities - Renewable subindustry, SP New Energy'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.

SP New Energy EV-to-EBIT vs Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, SP New Energy's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where SP New Energy's EV-to-EBIT falls into.


PHS:SPNEC
33GF Score
SP New Energy Corp PHS:SPNEC
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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SP New Energy 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 ₱6,448 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.

Frequently Asked Questions Learn more about EBIT →
What does a EBIT of ₱6,448 Mil mean?
SP New Energy (PHS:SPNEC) has a EBIT of ₱6,448 Mil as of Sep. 2024. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on SP New Energy.
Is SP New Energy's EBIT too high?
SP New Energy's current EBIT is ₱6,448 Mil. Overall, SP New Energy has a GF Score™ of 33/100, reflecting its overall financial health beyond just this single metric.
How does SP New Energy's EBIT compare to CEG?
SP New Energy's EBIT of ₱6,448 Mil can be compared against companies in the Utilities - Independent Power Producers industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBIT for an Utilities - Independent Power Producers company?
A good EBIT depends on the Utilities - Independent Power Producers industry context. However, EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EBIT mean?
A high EBIT can signal that a stock is expensive relative to its fundamentals. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on SP New Energy. SP New Energy's current EBIT is ₱6,448 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SP New Energy stock overvalued right now?
SP New Energy (PHS:SPNEC) has a current EBIT of ₱6,448 Mil. The current EBIT is ₱6,448 Mil. SP New Energy's overall GF Score™ is 33/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBIT calculated?
EBIT is calculated from a company's financial statements. For SP New Energy (PHS:SPNEC), the current EBIT is ₱6,448 Mil as of Sep. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

SP New Energy Business Description

Address Ortigas Avenue, Rockwell Business Center, Barangay Ugong, Second District, National Capital Region, Pasig, PHL, 1604
SP New Energy Corp mainly to engage in the construction, operation and maintenance of all types of renewable energy plants and related services. The Group has only one geographical segment Philippines.
33GF Score

Get the complete analysis for PHS:SPNEC

EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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