GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » M3 Technology Inc (TPE:6799) » Definitions » EBIT

M3 Technology (TPE:6799) EBIT : NT$193.9 Mil (TTM As of Dec. 2024)


View and export this data going back to 2020. Start your Free Trial

What is M3 Technology EBIT?

M3 Technology's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2024 was NT$65.5 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2024 was NT$193.9 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. M3 Technology's annualized ROC % for the quarter that ended in Dec. 2024 was 20.39%. M3 Technology's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2024 was 81.18%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. M3 Technology's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2024 was 6.06%.


M3 Technology EBIT Historical Data

The historical data trend for M3 Technology'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.

M3 Technology EBIT Chart

M3 Technology Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
EBIT
Get a 7-Day Free Trial Premium Member Only 146.80 347.19 373.92 272.32 193.92

M3 Technology Quarterly Data
Dec19 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 71.88 51.93 43.68 32.85 65.45

Competitive Comparison of M3 Technology's EBIT

For the Semiconductors subindustry, M3 Technology'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.


M3 Technology's EV-to-EBIT Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, M3 Technology's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where M3 Technology's EV-to-EBIT falls into.



M3 Technology 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. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was NT$193.9 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.


M3 Technology  (TPE:6799) EBIT Explanation

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

M3 Technology's annualized ROC % for the quarter that ended in Dec. 2024 is calculated as:

ROC % (Q: Dec. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Sep. 2024 ) + Invested Capital (Q: Dec. 2024 ))/ count )
=158.992 * ( 1 - 52.6% )/( (346.121 + 393.074)/ 2 )
=75.362208/369.5975
=20.39 %

where

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))
=1689.262 - 154.21 - ( 1188.931 - max(0, 170.861 - 1500.615+1188.931))
=346.121

Invested Capital(Q: Dec. 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))
=1753.416 - 171.373 - ( 1188.969 - max(0, 193.138 - 1564.726+1188.969))
=393.074

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

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

M3 Technology's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Dec. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Sep. 2024  Q: Dec. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=261.804/( ( (163.699 + max(139.173, 0)) + (165.593 + max(176.513, 0)) )/ 2 )
=261.804/( ( 302.872 + 342.106 )/ 2 )
=261.804/322.489
=81.18 %

where Working Capital is:

Working Capital(Q: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(150.566 + 143.943 + 12.743) - (154.21 + 0 + 13.869)
=139.173

Working Capital(Q: Dec. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(158.082 + 139.749 + 69.7) - (171.373 + 0 + 19.645)
=176.513

When net working capital is negative, 0 is used.

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

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

M3 Technology's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2024 )
=193.923/3198.144
=6.06 %

* 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.


M3 Technology EBIT Related Terms

Thank you for viewing the detailed overview of M3 Technology's EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.


M3 Technology Business Description

Traded in Other Exchanges
N/A
Address
No. 19, Lane 178, Ruihu Street, 2nd Floor, Neihu District, Taipei, TWN
M3 Technology Inc is engaged in the design, testing, production and marketing of analog and mixed-signal integrated circuits, and focuses on the design and sales of high-end power management ICs, providing high-efficiency , power management IC chip with less inductance, stable voltage and low interference. The main team is a power IC design company composed of elites from the United States , Taiwan and Greater China. Power management ICs have been widely used in computers, communications and consumer electronics products.

M3 Technology Headlines

No Headlines