Metech International (SGX:V3M) EBIT : S$-1.46 Mil (TTM As of Dec. 2023)

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What is Metech International EBIT?

Metech International's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2023 was S$-1.46 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was S$-1.46 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Metech International's annualized ROC % for the quarter that ended in Dec. 2023 was -113.87%. Metech International's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -117.79%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Metech International's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -21.65%.

Metech International EBIT Historical Data

The historical data trend for Metech International'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.

Metech International EBIT Chart

Metech International Annual Data

Trend

Jun13

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

EBIT

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-2.87

-1.15

-0.79

-1.19

-2.73

Metech International Semi-Annual Data
	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Dec23
EBIT	Get a 7-Day Free Trial															-0.21	-1.16	-1.57	-6.32	-1.46

Competitive Comparison of Metech International's EBIT

For the Specialty Business Services subindustry, Metech 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.

Metech International's EV-to-EBIT Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Metech International's EV-to-EBIT distribution charts can be found below:

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

Metech 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. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was S$-1.46 Mil.

Metech International (SGX:V3M) EBIT Explanation

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

Metech International'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: Dec. 2022 )	+	Invested Capital (Q: Dec. 2023 ))	/ count )
=	-3.65 * ( 1 - 0% )	/	( (2.939	+	3.472)	/ 2 )
=	-3.65	/	3.2055
=	-113.87 %

where

	Invested Capital		(Q: Dec. 2022 )
=	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	))
=	6.75	-	0.075	-	( 4.163	-	max(0, 0.758	-	4.494	+	4.163	))
=	2.939

	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	))
=	3.839	-	0.426	-	( 0.051	-	max(0, 1.196	-	1.137	+	0.051	))
=	3.472

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:

Metech International'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: Dec. 2022		Q: Dec. 2023
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	-2.92	/	( ( (2.256 + max(-0.257, 0))	+	(2.702 + max(-0.499, 0)) )	/	2 )
=	-2.92	/	( ( 2.256	+	2.702 )	/	2 )
=	-2.92	/	2.479
=	-117.79 %

where Working Capital is:

	Working Capital		(Q: Dec. 2022 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0	+	0.066	+	0.264)	-	(0.075	+	0	+	0.512)
=	-0.257

	Working Capital		(Q: Dec. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0	+	0.253	+	0.35)	-	(0.426	+	0	+	0.676)
=	-0.499

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:

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

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Dec. 2023 )
	=	-1.46	/	6.744
	=	-21.65 %

Metech International EBIT Related Terms

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Metech International (SGX:V3M) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Metech International Ltd (SGX:V3M) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

N/A

Address

100G Pasir Panjang Road, No. 04-07 Interlocal Centre, Singapore, SGP, 118523

Website

https://www.metechinternational.com

Metech International Ltd is a Singapore-based investment holding company. It is principally engaged in the processing service center for the electronics industry and the trading of plastics and non-precious metal materials. The company has three reportable segments Lab-Grown Diamond, Supply-chain management and corporate. Lab-Grown Diamond segment consists of manufacturing and distribution of lab-grown diamonds. The Supply-chain management segment which acts as a key revenue driver for the firm provides general wholesale trading of metal products, provides management and advisory of recycling and supply chain services, and the Corporate segment consists of an investment holding company.

Metech International (SGX:V3M) Headlines

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