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Ttet Union (TPE:1232) EBIT : NT$1,513 Mil (TTM As of Mar. 2024)


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What is Ttet Union EBIT?

Ttet Union's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was NT$375 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was NT$1,513 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Ttet Union's annualized ROC % for the quarter that ended in Mar. 2024 was 23.00%. Ttet Union's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 35.74%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Ttet Union's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 7.09%.


Ttet Union EBIT Historical Data

The historical data trend for Ttet Union'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.

Ttet Union EBIT Chart

Ttet Union 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 1,261.19 1,658.66 1,602.70 1,605.48 1,588.71

Ttet Union 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 450.43 357.96 352.22 428.11 374.56

Competitive Comparison of Ttet Union's EBIT

For the Packaged Foods subindustry, Ttet Union'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.


Ttet Union's EV-to-EBIT Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Ttet Union's EV-to-EBIT distribution charts can be found below:

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



Ttet Union 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 NT$1,513 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.


Ttet Union  (TPE:1232) EBIT Explanation

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

Ttet Union'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 )
=1323.352 * ( 1 - 20% )/( (5076.548 + 4128.092)/ 2 )
=1058.6816/4602.32
=23.00 %

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))
=8180.321 - 1520.103 - ( 1583.67 - max(0, 1639.168 - 6076.501+1583.67))
=5076.548

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))
=8311.292 - 1346.531 - ( 2836.669 - max(0, 1478.157 - 6243.318+2836.669))
=4128.092

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

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

Ttet Union'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 )
=1498.244/( ( (1911.041 + max(2769.393, 0)) + (1874.986 + max(1828.968, 0)) )/ 2 )
=1498.244/( ( 4680.434 + 3703.954 )/ 2 )
=1498.244/4192.194
=35.74 %

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)
=(1103.881 + 3054.722 + 155.924) - (1520.103 + 0 + 25.031)
=2769.393

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1019.637 + 2053.58 + 146.742) - (1346.531 + 0 + 44.46)
=1828.968

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:

Ttet Union's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=1512.843/21327.643
=7.09 %

* 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.


Ttet Union EBIT Related Terms

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Ttet Union (TPE:1232) Business Description

Traded in Other Exchanges
N/A
Address
32 Gungye West Road, Erzhen Village,Guantian District, Tainan, TWN, 72048
Ttet Union Corp is a Taiwan based vegetable oil and protein product provider. The company is mainly engaged in the manufacture, sales, processing, import, and export of a variety of vegetable oils and fat, and engaged in cogeneration plant business, wholesale, and retailing of oils. The company's product portfolio includes soybean oil, canola oil, deep-frying oil, palm olein, soybean meal, dehulled high-protein soybean meal, soybean hull pellet, and high-protein soybean flake among others. Geographically, the majority is from Taiwan.

Ttet Union (TPE:1232) Headlines

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