Penguin International (SGX:BTM) EBIT: S$46.5 Mil (TTM As of Dec. 2025)

What is Penguin International EBIT?

Penguin International SGX:BTM -1.32% 89 EBIT is S$46.5 Mil as of Dec. 2025. GuruFocus rates SGX:BTM with a GF Score™ of 89/100 and a GF Value™ of S$1.44 (Fairly Valued). The stock has 2 warning signs investors should review.

Penguin International's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2025 was S$35.1 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2025 was S$46.5 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Penguin International's annualized ROC % for the quarter that ended in Dec. 2025 was 11.37%. Penguin International's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 29.10%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Penguin International's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 13.16%.

Penguin International (SGX:BTM) EBIT Explanation

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

Penguin International's annualized ROC % for the quarter that ended in Dec. 2025 is calculated as:

	ROC % (Q: Dec. 2025 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Jun. 2025 )	+	Invested Capital (Q: Dec. 2025 ))	/ count )
=	50.522 * ( 1 - 16.33% )	/	( (346.447	+	397.056)	/ 2 )
=	42.2717574	/	371.7515
=	11.37 %

where

	Invested Capital		(Q: Jun. 2025 )
=	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	))
=	405.955	-	27.63	-	( 31.878	-	max(0, 120.846	-	192.67	+	31.878	))
=	346.447

	Invested Capital		(Q: Dec. 2025 )
=	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	))
=	465.019	-	29.685	-	( 38.278	-	max(0, 123.169	-	207.177	+	38.278	))
=	397.056

Note: The Operating Income data used here is two times the semi-annual (Dec. 2025) data.

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

Penguin International's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Dec. 2025 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Jun. 2025		Q: Dec. 2025
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	70.214	/	( ( (196.41 + max(32.284, 0))	+	(212.441 + max(41.487, 0)) )	/	2 )
=	70.214	/	( ( 228.694	+	253.928 )	/	2 )
=	70.214	/	241.311
=	29.10 %

where Working Capital is:

	Working Capital		(Q: Jun. 2025 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(38.578	+	81.137	+	22.596)	-	(27.63	+	0	+	82.397)
=	32.284

	Working Capital		(Q: Dec. 2025 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(33.252	+	80.152	+	29.125)	-	(29.685	+	0	+	71.357)
=	41.487

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Dec. 2025) EBIT data.

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

Penguin International's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Dec. 2025 )
	=	46.493	/	353.392
	=	13.16 %

* 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.

Penguin International EBIT Related Terms

Penguin International EBIT Historical Data

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The historical data trend for Penguin International's EBIT can be seen below:

Penguin International EBIT Chart

Penguin International Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Dec25

EBIT

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15.34

15.16

23.60

46.13

46.31

Penguin International Semi-Annual Data
	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24	Jun25	Dec25
EBIT	Get a 7-Day Free Trial															18.40	6.97	39.35	11.39	35.11

SGX:BTM vs SPCX, GE, RTX: EBIT Comparison

For the Aerospace & Defense subindustry, Penguin International'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.

Penguin International EV-to-EBIT vs Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Penguin International's EV-to-EBIT distribution charts can be found below:

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

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89GF Score

Penguin International Ltd SGX:BTM

EBIT is just one metric. See GF Score™, valuation, warning signs, and more.

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Penguin International 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. 2025 adds up the semi-annually data reported by the company within the most recent 12 months, which was S$46.5 Mil.

Frequently Asked Questions Learn more about EBIT →

What does a EBIT of S$46.5 Mil mean?

Penguin International (SGX:BTM) has a EBIT of S$46.5 Mil as of Dec. 2025. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Penguin International.

Is Penguin International's EBIT too high?

Penguin International's current EBIT is S$46.5 Mil. Overall, Penguin International has a GF Score™ of 89/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.

How does Penguin International's EBIT compare to SPCX and GE?

Penguin International's EBIT of S$46.5 Mil can be compared against companies in the Aerospace & Defense industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.

What is a good EBIT for an Aerospace & Defense company?

A good EBIT depends on the Aerospace & Defense industry context. However, EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.

What does a high EBIT mean?

A high EBIT can signal that a stock is expensive relative to its fundamentals. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Penguin International. Penguin International's current EBIT is S$46.5 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Penguin International stock overvalued right now?

Based on GuruFocus' analysis, Penguin International (SGX:BTM) is currently considered Fairly Valued. The stock's GF Value™ is S$1.44, compared to a current price of S$1.49 — trading 3.5% above its estimated fair value. The current EBIT is S$46.5 Mil. Penguin International's overall GF Score™ is 89/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.

How is EBIT calculated?

EBIT is calculated from a company's financial statements. For Penguin International (SGX:BTM), the current EBIT is S$46.5 Mil as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Penguin International (SGX:BTM) Overvalued in 2026?

Based on GuruFocus' analysis, Penguin International stock appears to be overvalued. The current stock price of S$1.49 is trading 3.5% above its estimated GF Value™ of S$1.44. GuruFocus considers Penguin International to be Fairly Valued.

Key valuation signals for SGX:BTM:

EBIT: S$46.5 Mil
GF Value™: S$1.44 vs. price of S$1.49 (3.5% above fair value)
GF Score™: 89/100 with 2 warning signs

No single metric tells the full story. See the SGX:BTM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Penguin International Business Description

Industry Industrials Aerospace & Defense

Comparable Companies SGX:A04 SGX:1J4 SGX:1MZ SGX:1V3 SGX:5RC SPCX GE RTX XPAR:AIR BA XPAR:SAF LSE:RR.LMT HWM GD TDG LSE:BA.NOC HONAV LHX

Other Exchanges O1U1:Germany

Address 21 Tuas Road, Singapore, SGP, 638489

Website https://www.penguin.com.sg

Penguin International Ltd is a marine and offshore services company. Its services include shipyard services and offshore charters. The company's segments include the chartering segment, which provides chartering of vessels; and the shipbuilding and ship repairs and maintenance segment, which acts as a builder of high speed aluminum commercial vessels and contractor for ship repairs and maintenance services. Its principal activity is to act as (i) owners and operators of passenger ferries, (ii) designers and builders of search-and-rescue vessels, and (iii) investment holding. Its subsidiaries own and operate crew boats, fast supply intervention vessels, passenger ferries, as well as shipyards.

89GF Score

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EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

S$1.49

Price

S$1.44

GF Value

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