Martas Precision Slide Co (ROCO:6705) EBIT : NT$36.4 Mil (TTM As of Jun. 2024)

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What is Martas Precision Slide Co EBIT?

Martas Precision Slide Co's earnings before interest and taxes (EBIT) for the six months ended in Jun. 2024 was NT$22.8 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2024 was NT$36.4 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Martas Precision Slide Co's annualized ROC % for the quarter that ended in Jun. 2024 was 6.22%. Martas Precision Slide Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was 11.13%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Martas Precision Slide Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was 3.11%.

Martas Precision Slide Co EBIT Historical Data

The historical data trend for Martas Precision Slide 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.

Martas Precision Slide Co EBIT Chart

Martas Precision Slide Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

EBIT

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22.04

8.12

31.88

49.65

4.79

Martas Precision Slide Co Semi-Annual Data
	Dec15	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
EBIT	Get a 7-Day Free Trial												26.32	23.33	-8.73	13.52	22.84

Competitive Comparison of Martas Precision Slide Co's EBIT

For the Tools & Accessories subindustry, Martas Precision Slide 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.

Martas Precision Slide Co's EV-to-EBIT Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Martas Precision Slide Co's EV-to-EBIT distribution charts can be found below:

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

Martas Precision Slide 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 Jun. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was NT$36.4 Mil.

Martas Precision Slide Co (ROCO:6705) EBIT Explanation

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

Martas Precision Slide Co's annualized ROC % for the quarter that ended in Jun. 2024 is calculated as:

	ROC % (Q: Jun. 2024 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Dec. 2023 )	+	Invested Capital (Q: Jun. 2024 ))	/ count )
=	34.896 * ( 1 - 20.35% )	/	( (442.409	+	451.08)	/ 2 )
=	27.794664	/	446.7445
=	6.22 %

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	))
=	560.67	-	38.331	-	( 79.93	-	max(0, 107.914	-	221.427	+	79.93	))
=	442.409

	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	))
=	533.384	-	56.501	-	( 25.803	-	max(0, 60.903	-	185.795	+	25.803	))
=	451.08

Note: The Operating Income data used here is two times the semi-annual (Jun. 2024) data.

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

Martas Precision Slide Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Jun. 2024 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Dec. 2023		Q: Jun. 2024
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	45.682	/	( ( (302.712 + max(100.26, 0))	+	(317.316 + max(100.818, 0)) )	/	2 )
=	45.682	/	( ( 402.972	+	418.134 )	/	2 )
=	45.682	/	410.553
=	11.13 %

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)
=	(53.168	+	82.924	+	3.035)	-	(38.331	+	0	+	0.536)
=	100.26

	Working Capital		(Q: Jun. 2024 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(59.46	+	96.122	+	2.372)	-	(56.501	+	0	+	0.635)
=	100.818

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Jun. 2024) EBIT data.

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

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

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Jun. 2024 )
	=	36.357	/	1169.708
	=	3.11 %

Martas Precision Slide Co EBIT Related Terms

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Martas Precision Slide Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Martas Precision Slide Co Ltd (ROCO:6705) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

N/A

Address

Zhongyang Road, No.222-1, Sec. 3, Tucheng District, New Taipei, TWN, 23680

Website

http://www.martas-online.com

Martas Precision Slide Co Ltd specializes in ball bearing slides. It is a leading manufacturers in mainland China and are pioneers of rolled forming machine technology. Its products are used in industrial, residential, kitchen, office and in various other places.

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