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BreadTalk Group (SGX:CTN) EBIT : S$44.7 Mil (TTM As of Sep. 2019)


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What is BreadTalk Group EBIT?

BreadTalk Group's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2019 was S$11.2 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2019 was S$44.7 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. BreadTalk Group's annualized ROC % for the quarter that ended in Sep. 2019 was 1.79%. BreadTalk Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2019 was 7.89%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. BreadTalk Group's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2019 was 10.36%.


BreadTalk Group EBIT Historical Data

The historical data trend for BreadTalk Group'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.

BreadTalk Group EBIT Chart

BreadTalk Group Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 36.53 30.70 35.65 46.22 40.35

BreadTalk Group Quarterly Data
Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19
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 9.05 13.38 9.53 10.50 11.24

Competitive Comparison of BreadTalk Group's EBIT

For the Restaurants subindustry, BreadTalk Group'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.


BreadTalk Group's EV-to-EBIT Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, BreadTalk Group's EV-to-EBIT distribution charts can be found below:

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



BreadTalk Group 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 Sep. 2019 adds up the quarterly data reported by the company within the most recent 12 months, which was S$44.7 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.


BreadTalk Group  (SGX:CTN) EBIT Explanation

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

BreadTalk Group's annualized ROC % for the quarter that ended in Sep. 2019 is calculated as:

ROC % (Q: Sep. 2019 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jun. 2019 ) + Invested Capital (Q: Sep. 2019 ))/ count )
=43.004 * ( 1 - 57.48% )/( (1033.124 + 1007.76)/ 2 )
=18.2853008/1020.442
=1.79 %

where

Invested Capital(Q: Jun. 2019 )
=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))
=977.122 - 109.217 - ( 128.129 - max(0, 390.971 - 225.752+128.129))
=1033.124

Invested Capital(Q: Sep. 2019 )
=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))
=982.109 - 100.513 - ( 141.046 - max(0, 369.766 - 243.602+141.046))
=1007.76

Note: The Operating Income data used here is four times the quarterly (Sep. 2019) data.

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

BreadTalk Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2019 is calculated as:

ROC (Joel Greenblatt) %(Q: Sep. 2019 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2019  Q: Sep. 2019
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=44.976/( ( (568.433 + max(-110.808, 0)) + (571.6 + max(-83.655, 0)) )/ 2 )
=44.976/( ( 568.433 + 571.6 )/ 2 )
=44.976/570.0165
=7.89 %

where Working Capital is:

Working Capital(Q: Jun. 2019 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(70.353 + 16.001 + 11.269) - (109.217 + 0 + 99.214)
=-110.808

Working Capital(Q: Sep. 2019 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(76.257 + 16.685 + 9.614) - (100.513 + 0 + 85.698)
=-83.655

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Sep. 2019) EBIT data.

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

BreadTalk Group's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2019 )
=44.653/431.039
=10.36 %

* 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.


BreadTalk Group EBIT Related Terms

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BreadTalk Group (SGX:CTN) Business Description

Traded in Other Exchanges
N/A
Address
30 Tai Seng Street, No. 09-01, Singapore, SGP, 534013
BreadTalk Group Ltd is a Singapore company engaged in the provision of management services. It operates through four business segments: Bakery segment, Food court segment, Restaurant segment, and the 4orth segment. The bakery segment is involved in manufacturing and retailing of food, bakery, and confectionary products whereas food court segment manage and operates food and drinks outlets and restaurant segment is engaged in the business of operating food and drinks outlets, eating houses and restaurants. The group derives revenue through various geographical regions which include Singapore, Mainland China, Hong Kong and Rest of the world.

BreadTalk Group (SGX:CTN) Headlines

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