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West Fraser Timber Co.Ltd (STU:WFC) EBIT : €-84 Mil (TTM As of Sep. 2024)


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What is West Fraser Timber Co.Ltd EBIT?

West Fraser Timber Co.Ltd's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2024 was €-92 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2024 was €-84 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. West Fraser Timber Co.Ltd's annualized ROC % for the quarter that ended in Sep. 2024 was -3.46%. West Fraser Timber Co.Ltd's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was -9.24%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. West Fraser Timber Co.Ltd's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was -1.32%.

West Fraser Timber Co.Ltd EBIT Historical Data

The historical data trend for West Fraser Timber Co.Ltd'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.

West Fraser Timber Co.Ltd EBIT Chart

West Fraser Timber Co.Ltd 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 -120.57 675.68 3,492.21 2,470.45 -187.07

West Fraser Timber Co.Ltd Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 207.08 -180.65 52.44 135.63 -91.90

Competitive Comparison of West Fraser Timber Co.Ltd's EBIT

For the Lumber & Wood Production subindustry, West Fraser Timber Co.Ltd'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.

West Fraser Timber Co.Ltd's EV-to-EBIT Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, West Fraser Timber Co.Ltd's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where West Fraser Timber Co.Ltd's EV-to-EBIT falls into.


West Fraser Timber Co.Ltd 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. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €-84 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.

West Fraser Timber Co.Ltd  (STU:WFC) EBIT Explanation

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

West Fraser Timber Co.Ltd's annualized ROC % for the quarter that ended in Sep. 2024 is calculated as:

ROC % (Q: Sep. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jun. 2024 ) + Invested Capital (Q: Sep. 2024 ))/ count )
=-317.152 * ( 1 - 23.85% )/( (7142.152 + 6821.471)/ 2 )
=-241.511248/6981.8115
=-3.46 %

where

Invested Capital(Q: Jun. 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))
=8683.363 - 608.495 - ( 932.716 - max(0, 942.006 - 2190.582+932.716))
=7142.152

Invested Capital(Q: Sep. 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))
=8327.943 - 608.175 - ( 898.297 - max(0, 1111.834 - 2026.349+898.297))
=6821.471

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

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

West Fraser Timber Co.Ltd's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Sep. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2024  Q: Sep. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-367.608/( ( (3535.774 + max(541.607, 0)) + (3440.919 + max(442.391, 0)) )/ 2 )
=-367.608/( ( 4077.381 + 3883.31 )/ 2 )
=-367.608/3980.3455
=-9.24 %

where Working Capital is:

Working Capital(Q: Jun. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(364.168 + 786.863 + 53.882) - (608.495 + 0 + 54.811)
=541.607

Working Capital(Q: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(329.766 + 720.8 + 53.159) - (608.175 + 0 + 53.159)
=442.391

When net working capital is negative, 0 is used.

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

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

West Fraser Timber Co.Ltd's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2024 )
=-84.477/6414.099
=-1.32 %

* 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.

West Fraser Timber Co.Ltd EBIT Related Terms

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West Fraser Timber Co.Ltd Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » West Fraser Timber Co.Ltd (STU:WFC) » Definitions » EBIT
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Traded in Other Exchanges
WFG:USA WFC:Germany WFG:Canada
Address
885 West Georgia Street, Suite 1500, Vancouver, BC, CAN, V6C 3E8
Website
https://www.westfraser.com
West Fraser Timber is a softwood lumber company that also produces wood panels and pulp products. The company produces its wood products globally, with lumber mills in British Columbia, Alberta, Europe, and the southeastern United States. Following its acquisition of Norbord in 2021, West Fraser is now one of the largest oriented strand board, or OSB, producers in the world.