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Argo Yachts Development Co (ROCO:7566) EBIT : NT$45.9 Mil (TTM As of Dec. 2023)


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What is Argo Yachts Development Co EBIT?

Argo Yachts Development Co's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2023 was NT$51.4 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was NT$45.9 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Argo Yachts Development Co's annualized ROC % for the quarter that ended in Dec. 2023 was 1.21%. Argo Yachts Development Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 3.53%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Argo Yachts Development Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 0.99%.


Argo Yachts Development Co EBIT Historical Data

The historical data trend for Argo Yachts Development 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.

Argo Yachts Development Co EBIT Chart

Argo Yachts Development Co Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EBIT
Get a 7-Day Free Trial 5.28 72.91 120.44 95.08 45.95

Argo Yachts Development Co Semi-Annual Data
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 64.77 81.31 13.77 -5.44 51.39

Competitive Comparison of Argo Yachts Development Co's EBIT

For the Leisure subindustry, Argo Yachts Development 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.


Argo Yachts Development Co's EV-to-EBIT Distribution in the Travel & Leisure Industry

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

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



Argo Yachts Development 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 Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was NT$45.9 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.


Argo Yachts Development Co  (ROCO:7566) EBIT Explanation

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

Argo Yachts Development Co'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 )
=79.36 * ( 1 - 31.26% )/( (4077.831 + 4954.823)/ 2 )
=54.552064/4516.327
=1.21 %

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))
=4822.755 - 33.802 - ( 888.667 - max(0, 355.364 - 1066.486+888.667))
=4077.831

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))
=4985.672 - 56.387 - ( 426.686 - max(0, 645.856 - 620.318+426.686))
=4954.823

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:

Argo Yachts Development Co'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 )
=102.772/( ( (2720.622 + max(-83.911, 0)) + (3101.763 + max(-299.07, 0)) )/ 2 )
=102.772/( ( 2720.622 + 3101.763 )/ 2 )
=102.772/2911.1925
=3.53 %

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)
=(1.617 + 0.583 + 173.58) - (33.802 + 0 + 225.889)
=-83.911

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(10.672 + 35.516 + 142.794) - (56.387 + 0 + 431.665)
=-299.07

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2023 )
=45.948/4664.324
=0.99 %

* 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.


Argo Yachts Development Co EBIT Related Terms

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Argo Yachts Development Co (ROCO:7566) Business Description

Traded in Other Exchanges
N/A
Address
No. 777, Sector 2, Xingang Road, Anping District, Tainan, TWN, 708
Argo Yachts Development Co Ltd is engaged in operation of membership yacht club to provide diversified services such as berth, escrow and maintenance.

Argo Yachts Development Co (ROCO:7566) Headlines

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