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Tiga Gaming (ROCO:6536) EBIT : NT$23.09 Mil (TTM As of Dec. 2023)


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What is Tiga Gaming EBIT?

Tiga Gaming's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2023 was NT$10.39 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was NT$23.09 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Tiga Gaming's annualized ROC % for the quarter that ended in Dec. 2023 was 84.91%. Tiga Gaming's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 524.30%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Tiga Gaming's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 5.65%.

Tiga Gaming EBIT Historical Data

The historical data trend for Tiga Gaming'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.

Tiga Gaming EBIT Chart

Tiga Gaming 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 -7.58 -32.63 -18.19 26.73 23.09

Tiga Gaming Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 -2.43 12.67 14.06 12.71 10.39

Competitive Comparison of Tiga Gaming's EBIT

For the Gambling subindustry, Tiga Gaming'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.

Tiga Gaming's EV-to-EBIT Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Tiga Gaming's EV-to-EBIT distribution charts can be found below:

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


Tiga Gaming 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 Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was NT$23.09 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.

Tiga Gaming  (ROCO:6536) EBIT Explanation

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

Tiga Gaming's annualized ROC % for the quarter that ended in Dec. 2023 is calculated as:

ROC % (Q: Dec. 2023 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jun. 2023 ) + Invested Capital (Q: Dec. 2023 ))/ count )
=25.556 * ( 1 - -0.03% )/( (29.832 + 30.379)/ 2 )
=25.5636668/30.1055
=84.91 %

where

Invested Capital(Q: Jun. 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))
=116.121 - 7.459 - ( 92.314 - max(0, 26.43 - 105.26+92.314))
=29.832

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))
=136.578 - 14.428 - ( 107.962 - max(0, 34.847 - 126.618+107.962))
=30.379

Note: The Operating Income data used here is two times the semi-annual (Dec. 2023) data.

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

Tiga Gaming's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 is calculated as:

ROC (Joel Greenblatt) %(Q: Dec. 2023 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2023  Q: Dec. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=20.77/( ( (4.381 + max(-12.553, 0)) + (3.542 + max(-15.277, 0)) )/ 2 )
=20.77/( ( 4.381 + 3.542 )/ 2 )
=20.77/3.9615
=524.30 %

where Working Capital is:

Working Capital(Q: Jun. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(9.851 + 2.597 + 0.47100000000002) - (7.459 + 0 + 18.013)
=-12.553

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(14.918 + 3.316 + 0.36499999999999) - (14.428 + 0 + 19.448)
=-15.277

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Dec. 2023) EBIT data.

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

Tiga Gaming's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2023 )
=23.091/408.726
=5.65 %

* 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.

Tiga Gaming EBIT Related Terms

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Tiga Gaming (ROCO:6536) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Tiga Gaming Inc (ROCO:6536) » Definitions » EBIT
Comparable Companies
XKRX:289080 XKRX:246690 XKRX:277070 XKRX:027360 XKRX:330730 XKRX:026890 XKRX:001510 XKRX:241520 XKRX:307930 XKRX:225590 DUB:FLTR OSTO:EVO ASX:ALL DKNG CHDN LSE:ENT LNW ASX:TLC XPAR:FDJ ATH:OPAP
Traded in Other Exchanges
N/A
Address
Sector 1 Hsin Tai Wu Road, 11th Floor, No.75, Xizhi District, New Taipei, TWN, 221
Website
http://www.tigagaming.com
Tiga Gaming Inc is a Taiwan based company involved in the gaming industry. The different games offered by the company includes Open Sesame, Diamond Wild, Crazy Circus, Queen of Egypt, Cactus Cowboy and Golden Theme Park.

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