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Vietnam Dairy Products JSC (STC:VNM) EBIT : ₫11,770,410 Mil (TTM As of Mar. 2024)


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What is Vietnam Dairy Products JSC EBIT?

Vietnam Dairy Products JSC's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was ₫2,792,261 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was ₫11,770,410 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Vietnam Dairy Products JSC's annualized ROC % for the quarter that ended in Mar. 2024 was 30.87%. Vietnam Dairy Products JSC's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 75.03%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Vietnam Dairy Products JSC's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 9.51%.


Vietnam Dairy Products JSC EBIT Historical Data

The historical data trend for Vietnam Dairy Products JSC'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.

Vietnam Dairy Products JSC EBIT Chart

Vietnam Dairy Products JSC 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 12,904,743.69 13,662,566.15 13,011,255.26 10,662,415.69 11,322,720.54

Vietnam Dairy Products JSC Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 2,394,579.47 2,843,956.23 3,185,928.24 2,948,264.37 2,792,261.25

Competitive Comparison of Vietnam Dairy Products JSC's EBIT

For the Packaged Foods subindustry, Vietnam Dairy Products JSC'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.


Vietnam Dairy Products JSC's EV-to-EBIT Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Vietnam Dairy Products JSC's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Vietnam Dairy Products JSC's EV-to-EBIT falls into.



Vietnam Dairy Products JSC 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ₫11,770,410 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.


Vietnam Dairy Products JSC  (STC:VNM) EBIT Explanation

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

Vietnam Dairy Products JSC's annualized ROC % for the quarter that ended in Mar. 2024 is calculated as:

ROC % (Q: Mar. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2023 ) + Invested Capital (Q: Mar. 2024 ))/ count )
=9942270.672 * ( 1 - 18.44% )/( (27507994.696 + 25020474.415)/ 2 )
=8108915.9600832/26264234.5555
=30.87 %

where

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))
=52673371.104 - 6368186.762 - ( 23049271.16 - max(0, 17138689.975 - 35935879.621+23049271.16))
=27507994.696

Invested Capital(Q: Mar. 2024 )
=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))
=51653869.772 - 6913865.77 - ( 22056383.892 - max(0, 15294387.987 - 35013917.574+22056383.892))
=25020474.415

Note: The Operating Income data used here is four times the quarterly (Mar. 2024) data.

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

Vietnam Dairy Products JSC's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2023  Q: Mar. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=11169045.012/( ( (11670808.988 + max(2903537.299, 0)) + (11701720.932 + max(3494860.467, 0)) )/ 2 )
=11169045.012/( ( 14574346.287 + 15196581.399 )/ 2 )
=11169045.012/14885463.843
=75.03 %

where Working Capital is:

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(4808183.558 + 6128081.805 + 888204.739) - (6368186.762 + 0 + 2552746.041)
=2903537.299

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(4665002.106 + 6780799.942 + 726614.791) - (6913865.77 + 0 + 1763690.602)
=3494860.467

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2024) EBIT data.

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

Vietnam Dairy Products JSC's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=11770410.1/123754293.439
=9.51 %

* 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.


Vietnam Dairy Products JSC EBIT Related Terms

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Vietnam Dairy Products JSC (STC:VNM) Business Description

Traded in Other Exchanges
N/A
Address
No. 10, Tan Trao Street, Tan Phu Ward, District 7, Ho Chi Minh, VNM
Vietnam Dairy Products JSC is a Vietnam-based company engaged in providing milk and dairy products. It manufactures and distributes milk cake, soya milk, fresh milk, refreshment drinks, bottled milk, powdered milk, nutritious powder, and other products from milk. It trades processed foods, spare parts and accessories, materials, and chemical substances. The company is also involved in the manufacture, sale, and distribution of beverages, grocery and processing foods, and roasted-ground filtered and instant coffee. In addition, it is involved in trading in houses, brokerage, and leasing of real estate as well as warehousing, loading, and transportation services amongst others.

Vietnam Dairy Products JSC (STC:VNM) Headlines

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