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Spec Products (ROCO:7718) EBIT : NT$313 Mil (TTM As of Dec. 2024)


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What is Spec Products EBIT?

Spec Products's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2024 was NT$61 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2024 was NT$313 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Spec Products's annualized ROC % for the quarter that ended in Dec. 2024 was 14.03%. Spec Products's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2024 was 32.31%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Spec Products's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2024 was 13.50%.


Spec Products EBIT Historical Data

The historical data trend for Spec Products'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.

Spec Products EBIT Chart

Spec Products Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24
EBIT
68.33 147.08 346.13 278.70 312.62

Spec Products Quarterly Data
Dec20 Dec21 Jun22 Dec22 Jun23 Sep23 Dec23 Jun24 Sep24 Dec24
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only 96.73 32.03 171.06 80.63 60.93

Competitive Comparison of Spec Products's EBIT

For the Tools & Accessories subindustry, Spec Products'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.


Spec Products's EV-to-EBIT Distribution in the Industrial Products Industry

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

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


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Spec Products 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. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was NT$313 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.


Spec Products  (ROCO:7718) EBIT Explanation

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

Spec Products's annualized ROC % for the quarter that ended in Dec. 2024 is calculated as:

ROC % (Q: Dec. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Sep. 2024 ) + Invested Capital (Q: Dec. 2024 ))/ count )
=182.596 * ( 1 - 14.18% )/( (1112.538 + 1120.699)/ 2 )
=156.7038872/1116.6185
=14.03 %

where

Invested Capital(Q: Sep. 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))
=2005.061 - 251.494 - ( 641.029 - max(0, 479.673 - 1280.529+641.029))
=1112.538

Invested Capital(Q: Dec. 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))
=1948.989 - 255.219 - ( 573.071 - max(0, 441.078 - 1193.59+573.071))
=1120.699

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

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

Spec Products's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Dec. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Sep. 2024  Q: Dec. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=243.712/( ( (409.113 + max(334.926, 0)) + (437.366 + max(327.045, 0)) )/ 2 )
=243.712/( ( 744.039 + 764.411 )/ 2 )
=243.712/754.225
=32.31 %

where Working Capital is:

Working Capital(Q: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(418.768 + 171.638 + 14.346) - (251.494 + 0 + 18.332)
=334.926

Working Capital(Q: Dec. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(386.234 + 185.821 + 27.767) - (255.219 + 0 + 17.558)
=327.045

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Dec. 2024) EBIT data.

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

Spec Products's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2024 )
=312.615/2315.623
=13.50 %

* 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.


Spec Products EBIT Related Terms

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Spec Products Business Description

Traded in Other Exchanges
N/A
Address
9F.-4, No. 358, Sec 1, Dongmen Road, East District, Tainan, TWN, 701002
Spec Products Corp is a company which is Integrated Industrial Parts manufacturer and supplier where in they have exported more than ten thousand items made to customers' prints or samples per year to USA, Europe, Japan and China, including cold/ hot forging, turning, plastic ejection and stamping, etc from either on its own or sub-contracted factories.

Spec Products Headlines

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