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Winpak (TSX:WPK) EBIT : C$279 Mil (TTM As of Sep. 2024)


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What is Winpak EBIT?

Winpak's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2024 was C$75 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2024 was C$279 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Winpak's annualized ROC % for the quarter that ended in Sep. 2024 was 14.34%. Winpak's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 23.20%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Winpak's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 11.72%.


Winpak EBIT Historical Data

The historical data trend for Winpak'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.

Winpak EBIT Chart

Winpak 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 211.10 190.21 182.31 237.54 269.23

Winpak 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 64.22 59.76 68.74 75.60 74.63

Competitive Comparison of Winpak's EBIT

For the Packaging & Containers subindustry, Winpak'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.


Winpak's EV-to-EBIT Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Winpak's EV-to-EBIT distribution charts can be found below:

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



Winpak 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 C$279 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.


Winpak  (TSX:WPK) EBIT Explanation

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

Winpak'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 )
=266.904 * ( 1 - 27.16% )/( (1355.659 + 1355.881)/ 2 )
=194.4128736/1355.77
=14.34 %

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))
=2169.685 - 142.025 - ( 672.001 - max(0, 145.198 - 1299.434+672.001))
=1355.659

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))
=2213.14 - 158.341 - ( 698.918 - max(0, 160.573 - 1335.008+698.918))
=1355.881

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

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

Winpak'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 )
=298.504/( ( (812.297 + max(472.01, 0)) + (821.649 + max(466.912, 0)) )/ 2 )
=298.504/( ( 1284.307 + 1288.561 )/ 2 )
=298.504/1286.434
=23.20 %

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)
=(293.953 + 311.217 + 12.038) - (142.025 + 1.302 + 1.871)
=472.01

Working Capital(Q: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(301.077 + 315.014 + 11.394) - (158.341 + 1.42 + 0.81200000000001)
=466.912

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2024 )
=278.727/2377.566
=11.72 %

* 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.


Winpak EBIT Related Terms

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Winpak Business Description

Traded in Other Exchanges
Address
100 Saulteaux Crescent, Winnipeg, MB, CAN, R3J 3T3
Winpak Ltd manufactures and sells a variety of packaging materials and related packaging machines. The packaging materials are used primarily for perishable foods, beverages, and healthcare applications. It operates in three segments: flexible packaging, rigid packaging & flexible lidding, and packaging machinery. The flexible packaging segment includes modified atmosphere packaging, specialty films, and biaxially oriented nylon product groups. The rigid packaging and flexible lidding segment include rigid containers, lidding, and specialized printed packaging product groups. The company's geographical segments include the United States, Canada, Mexico & others.
Executives
Donovan Paul Fontaine Senior Officer
James Paul Spencer Senior Officer
Dave Alexander Senior Officer
Randall Troutman Senior Officer
Matthew Peter Wilms Senior Officer
Rakel Johanna Aarnio-wihuri Director
Martti Hjalmar Aarnio-wihuri Director
Scott Mckenzie Taylor Senior Officer
Vesa Laineenkare Director or Senior Officer of 10% Security Holder
Petri Olavi Leskinen Director or Senior Officer of 10% Security Holder
Antti Aarnio-wihuri 10% Security Holder, Director, Senior Officer
Ilkka Tapio Suominen Director, Director or Senior Officer of 10% Security Holder
Larry Allan Warelis Senior Officer
Bruce Berry Director
James Calvin Holland Senior Officer

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