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Industrias Ales (QUI:IND) EBIT : $2.70 Mil (TTM As of Jun. 2022)


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What is Industrias Ales EBIT?

Industrias Ales's earnings before interest and taxes (EBIT) for the six months ended in Jun. 2022 was $2.70 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2022 was $2.70 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Industrias Ales's annualized ROC % for the quarter that ended in Jun. 2022 was 3.44%. Industrias Ales's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2022 was 6.54%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield.

Industrias Ales EBIT Historical Data

The historical data trend for Industrias Ales'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.

Industrias Ales EBIT Chart

Industrias Ales Annual Data
Trend Dec17 Dec18 Dec19 Dec20
EBIT
1.47 6.70 4.28 4.80

Industrias Ales Semi-Annual Data
Jun14 Jun15 Jun16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Jun22
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.47 2.69 2.11 0.57 2.70

Competitive Comparison of Industrias Ales's EBIT

For the Conglomerates subindustry, Industrias Ales'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.

Industrias Ales's EV-to-EBIT Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Industrias Ales's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Industrias Ales's EV-to-EBIT falls into.


Industrias Ales 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 Jun. 2022 adds up the semi-annually data reported by the company within the most recent 12 months, which was $2.70 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.

Industrias Ales  (QUI:IND) EBIT Explanation

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

Industrias Ales's annualized ROC % for the quarter that ended in Jun. 2022 is calculated as:

ROC % (Q: Jun. 2022 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jun. 2021 ) + Invested Capital (Q: Jun. 2022 ))/ count )
=5.39 * ( 1 - 0% )/( (157.981 + 154.977)/ 2 )
=5.39/156.479
=3.44 %

where

Invested Capital(Q: Jun. 2021 )
=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))
=210.24 - 50.455 - ( 1.804 - max(0, 50.455 - 80.506+1.804))
=157.981

Invested Capital(Q: Jun. 2022 )
=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))
=200.371 - 44.505 - ( 0.889 - max(0, 44.505 - 86.092+0.889))
=154.977

Note: The Operating Income data used here is two times the semi-annual (Jun. 2022) data.

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

Industrias Ales's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2022 is calculated as:

ROC (Joel Greenblatt) %(Q: Jun. 2022 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2021  Q: Jun. 2022
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=5.39/( ( (49.458 + max(28.247, 0)) + (46.527 + max(40.698, 0)) )/ 2 )
=5.39/( ( 77.705 + 87.225 )/ 2 )
=5.39/82.465
=6.54 %

where Working Capital is:

Working Capital(Q: Jun. 2021 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(22.914 + 41.119 + 14.669) - (50.455 + 0 + 0)
=28.247

Working Capital(Q: Jun. 2022 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(27.25 + 40.64 + 17.313) - (44.505 + 0 + 0)
=40.698

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Jun. 2022) EBIT data.

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

Industrias Ales's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jun. 2022 )
=2.695/0.000
= %

* 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.

Industrias Ales EBIT Related Terms

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Industrias Ales (QUI:IND) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Industrias Ales SA (QUI:IND) » Definitions » EBIT
Comparable Companies
Traded in Other Exchanges
N/A
Address
Av Galo Plaza N51-23, Quito, ECU
Website
https://www.ales.com.ec
Industrias Ales SA is an Ecuador-based Agroindustrial company. It is engaged in the manufacturing and marketing of food and cleaning products. The products category of the company include food, confits, Home care and personal care.

Industrias Ales (QUI:IND) Headlines

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