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Macauto Industrial Co (ROCO:9951) EBIT : NT$280 Mil (TTM As of Dec. 2024)


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What is Macauto Industrial Co EBIT?

Macauto Industrial Co's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2024 was NT$118 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2024 was NT$280 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Macauto Industrial Co's annualized ROC % for the quarter that ended in Dec. 2024 was 12.73%. Macauto Industrial Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2024 was 21.49%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Macauto Industrial Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2024 was 9.65%.


Macauto Industrial Co EBIT Historical Data

The historical data trend for Macauto Industrial 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.

Macauto Industrial Co EBIT Chart

Macauto Industrial Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 613.89 496.97 501.02 543.83 395.58

Macauto Industrial Co Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Jun24 Sep24 Dec24
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 149.99 133.19 89.27 72.52 118.16

Competitive Comparison of Macauto Industrial Co's EBIT

For the Auto Parts subindustry, Macauto Industrial 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.


Macauto Industrial Co's EV-to-EBIT Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Macauto Industrial Co's EV-to-EBIT distribution charts can be found below:

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


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Macauto Industrial 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. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was NT$280 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.


Macauto Industrial Co  (ROCO:9951) EBIT Explanation

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

Macauto Industrial Co'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 )
=463.068 * ( 1 - 20.46% )/( (2836.342 + 2948.582)/ 2 )
=368.3242872/2892.462
=12.73 %

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))
=5737.825 - 1273.971 - ( 1627.512 - max(0, 1979.437 - 4043.212+1627.512))
=2836.342

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))
=5887.592 - 1393.473 - ( 1545.537 - max(0, 2057.987 - 4202.461+1545.537))
=2948.582

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

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

Macauto Industrial Co'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 )
=472.648/( ( (1429.54 + max(727.49, 0)) + (1421.33 + max(820.024, 0)) )/ 2 )
=472.648/( ( 2157.03 + 2241.354 )/ 2 )
=472.648/2199.192
=21.49 %

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)
=(948.587 + 1185.817 + 201.149) - (1273.971 + 0 + 334.092)
=727.49

Working Capital(Q: Dec. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1181.031 + 1171.079 + 189.497) - (1393.473 + 0 + 328.11)
=820.024

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2024 )
=279.951/2901.532
=9.65 %

* 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.


Macauto Industrial Co EBIT Related Terms

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Macauto Industrial Co Business Description

Traded in Other Exchanges
N/A
Address
No. 6, Yongke 5th Road, 16 Wangxingli, Yongkang District, Tainan, TWN, 710
Macauto Industrial Co Ltd is a Taiwan based company principally engaged in the production of the automotive sunshade and cordless garden tools. The Company recognizes revenue on manufactures and sells Automobile Sun Shade and other related products . Auto sun shade products range include manual rear shade, electric rear shade-full cover, electric rear shade-arm type, manual sunroof sunshade, electric sunroof sunshade, tonneau cover, safety net, wind deflector. Cordless garden tools include lawn mower, trimmer, electric pruning shear, power wheelbarrow, robotic mower and robotic golf caddy cart. In addition, the company also manufactures accessories for smartphone and tablets. The company also has its business presence across the regions of USA, China, Korea, and other countries.

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