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Gallant Venture (SGX:5IG) EBIT : S$39.7 Mil (TTM As of Dec. 2023)


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What is Gallant Venture EBIT?

Gallant Venture's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2023 was S$13.0 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was S$39.7 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Gallant Venture's annualized ROC % for the quarter that ended in Dec. 2023 was 4.13%. Gallant Venture's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 3.79%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Gallant Venture's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 3.92%.


Gallant Venture EBIT Historical Data

The historical data trend for Gallant Venture'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.

Gallant Venture EBIT Chart

Gallant Venture 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 -10.13 -27.18 -25.04 28.96 39.73

Gallant Venture 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 -13.72 0.47 28.49 26.70 13.03

Competitive Comparison of Gallant Venture's EBIT

For the Utilities - Diversified subindustry, Gallant Venture'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.


Gallant Venture's EV-to-EBIT Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Gallant Venture's EV-to-EBIT distribution charts can be found below:

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



Gallant Venture 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 S$39.7 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.


Gallant Venture  (SGX:5IG) EBIT Explanation

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

Gallant Venture'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 )
=21.754 * ( 1 - -125.37% )/( (1189.042 + 1186.99)/ 2 )
=49.0269898/1188.016
=4.13 %

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))
=1416.814 - 117.355 - ( 110.417 - max(0, 194.863 - 777.981+110.417))
=1189.042

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))
=1399.488 - 121.904 - ( 90.594 - max(0, 216.897 - 765.02+90.594))
=1186.99

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:

Gallant Venture'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 )
=26.054/( ( (146.489 + max(527.228, 0)) + (167.473 + max(534.165, 0)) )/ 2 )
=26.054/( ( 673.717 + 701.638 )/ 2 )
=26.054/687.6775
=3.79 %

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)
=(59.912 + 607.652 + -1.1368683772162E-13) - (117.355 + 0 + 22.981)
=527.228

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(46.667 + 609.216 + 18.543) - (121.904 + 0 + 18.357)
=534.165

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:

Gallant Venture's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2023 )
=39.729/1012.489
=3.92 %

* 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.


Gallant Venture EBIT Related Terms

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Gallant Venture (SGX:5IG) Business Description

Traded in Other Exchanges
N/A
Address
3 HarbourFront Place, No. 16-01 HarbourFront Tower Two, Singapore, SGP, 099254
Gallant Venture Ltd is an investment holding company. The company operates in different segments: Utilities, which is engaged in activities of provision of electricity and water supply, telecommunication services, and waste management services; Industrial parks, which is into the development, construction, operation, and maintenance of industrial properties; Resort operations, which are engaged in the provision of services to resort operation; and Property development, which is engaged in activities of developing industrial and resort properties. The majority is from the utilities segment. Geographically, the Group operates mainly in Indonesia.

Gallant Venture (SGX:5IG) Headlines

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