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Stamford Tyres (SGX:S29) EBIT : S$12.7 Mil (TTM As of Apr. 2024)


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What is Stamford Tyres EBIT?

Stamford Tyres's earnings before interest and taxes (EBIT) for the six months ended in Apr. 2024 was S$7.9 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Apr. 2024 was S$12.7 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Stamford Tyres's annualized ROC % for the quarter that ended in Apr. 2024 was 4.15%. Stamford Tyres's annualized ROC (Joel Greenblatt) % for the quarter that ended in Apr. 2024 was 11.71%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Stamford Tyres's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Apr. 2024 was 14.21%.


Stamford Tyres EBIT Historical Data

The historical data trend for Stamford Tyres'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.

Stamford Tyres EBIT Chart

Stamford Tyres Annual Data
Trend Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.31 8.30 10.58 10.47 12.65

Stamford Tyres Semi-Annual Data
Oct14 Apr15 Oct15 Apr16 Oct16 Apr17 Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23 Apr24
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 7.37 4.86 5.61 4.79 7.87

Competitive Comparison of Stamford Tyres's EBIT

For the Auto Parts subindustry, Stamford Tyres'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.


Stamford Tyres's EV-to-EBIT Distribution in the Vehicles & Parts Industry

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

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



Stamford Tyres 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 Apr. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was S$12.7 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.


Stamford Tyres  (SGX:S29) EBIT Explanation

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

Stamford Tyres's annualized ROC % for the quarter that ended in Apr. 2024 is calculated as:

ROC % (Q: Apr. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Oct. 2023 ) + Invested Capital (Q: Apr. 2024 ))/ count )
=8.348 * ( 1 - 20.35% )/( (159.88 + 160.867)/ 2 )
=6.649182/160.3735
=4.15 %

where

Note: The Operating Income data used here is two times the semi-annual (Apr. 2024) data.

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

Stamford Tyres's annualized ROC (Joel Greenblatt) % for the quarter that ended in Apr. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Apr. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Oct. 2023  Q: Apr. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=15.734/( ( (56.943 + max(81.278, 0)) + (52.99 + max(77.484, 0)) )/ 2 )
=15.734/( ( 138.221 + 130.474 )/ 2 )
=15.734/134.3475
=11.71 %

where Working Capital is:

Working Capital(Q: Oct. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(28.055 + 76.833 + 4.829) - (26.397 + 0 + 2.042)
=81.278

Working Capital(Q: Apr. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(30.397 + 68.541 + 6.538) - (17.224 + 0 + 10.768)
=77.484

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Apr. 2024) EBIT data.

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

Stamford Tyres's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Apr. 2024 )
=12.652/89.030
=14.21 %

* 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.


Stamford Tyres EBIT Related Terms

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Stamford Tyres Business Description

Traded in Other Exchanges
N/A
Address
19 Lok Yang Way, Jurong, Singapore, SGP, 628635
Stamford Tyres Corp Ltd is an investment holding company. The company is engaged in retailing and distribution of tyres and wheels, design and contract manufacturing of tyres for proprietary brands as well as tyre retreading, equipment trading, servicing of motor vehicles, and manufacturing and sale of aluminium alloy wheels. The company's geographical segment includes South East Asia, North Asia, Africa, and Others. It generates maximum revenue from South East Asia.

Stamford Tyres Headlines

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