GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Megaforce Co Ltd (ROCO:3294) » Definitions » EBIT

Megaforce Co (ROCO:3294) EBIT : NT$117 Mil (TTM As of Mar. 2024)


View and export this data going back to 2007. Start your Free Trial

What is Megaforce Co EBIT?

Megaforce Co's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was NT$18 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was NT$117 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Megaforce Co's annualized ROC % for the quarter that ended in Mar. 2024 was -6.55%. Megaforce Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 4.29%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Megaforce Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 2.99%.


Megaforce Co EBIT Historical Data

The historical data trend for Megaforce Co'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.

Megaforce Co EBIT Chart

Megaforce Co 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 124.69 207.52 99.22 13.09 20.66

Megaforce Co 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 -78.80 -17.60 67.43 49.62 17.93

Competitive Comparison of Megaforce Co's EBIT

For the Electronic Components subindustry, Megaforce Co'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.


Megaforce Co's EV-to-EBIT Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Megaforce Co's EV-to-EBIT distribution charts can be found below:

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



Megaforce Co 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 NT$117 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.


Megaforce Co  (ROCO:3294) EBIT Explanation

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

Megaforce Co'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 )
=-194.588 * ( 1 - 25.48% )/( (2216.826 + 2213.788)/ 2 )
=-145.0069776/2215.307
=-6.55 %

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))
=5360.088 - 1030.232 - ( 2369.339 - max(0, 2004.891 - 4117.921+2369.339))
=2216.826

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))
=5337.917 - 845.188 - ( 2496.917 - max(0, 1854.024 - 4132.965+2496.917))
=2213.788

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

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

Megaforce Co'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 )
=71.708/( ( (1015.544 + max(622.497, 0)) + (993.73 + max(708.853, 0)) )/ 2 )
=71.708/( ( 1638.041 + 1702.583 )/ 2 )
=71.708/1670.312
=4.29 %

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)
=(1282.712 + 395.498 + 70.372) - (1030.232 + 0 + 95.853)
=622.497

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1217.002 + 343.422 + 75.624) - (845.188 + 0 + 82.007)
=708.853

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:

Megaforce Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=117.381/3921.671
=2.99 %

* 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.


Megaforce Co EBIT Related Terms

Thank you for viewing the detailed overview of Megaforce Co's EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.


Megaforce Co (ROCO:3294) Business Description

Traded in Other Exchanges
N/A
Address
2nd Floor, No.5, Ziqiang Street, Tucheng District, New Taipei, TWN, 236
Megaforce Co Ltd is engaged in mold making, injection molding, electronics assembly, plastic coating, as well as opto-mechatromics and advanced IT products. The company's reportable segments comprise the electronics component segment, the biomedical device segment, and the opto-mechatronics segment. The company generates majority of the revenue from products such as Plastic injections, tools and others.

Megaforce Co (ROCO:3294) Headlines

No Headlines