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Vertex Resource Group (TSXV:VTX) EBIT : C$10.4 Mil (TTM As of Sep. 2024)


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What is Vertex Resource Group EBIT?

Vertex Resource Group's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2024 was C$4.8 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2024 was C$10.4 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Vertex Resource Group's annualized ROC % for the quarter that ended in Sep. 2024 was 7.37%. Vertex Resource Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 12.77%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Vertex Resource Group's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 6.63%.


Vertex Resource Group EBIT Historical Data

The historical data trend for Vertex Resource Group'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.

Vertex Resource Group EBIT Chart

Vertex Resource Group 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 -7.79 0.20 6.17 11.01 13.71

Vertex Resource Group 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 4.60 1.21 0.85 3.48 4.82

Competitive Comparison of Vertex Resource Group's EBIT

For the Waste Management subindustry, Vertex Resource Group'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.


Vertex Resource Group's EV-to-EBIT Distribution in the Waste Management Industry

For the Waste Management industry and Industrials sector, Vertex Resource Group's EV-to-EBIT distribution charts can be found below:

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



Vertex Resource Group 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$10.4 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.


Vertex Resource Group  (TSXV:VTX) EBIT Explanation

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

Vertex Resource Group'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 )
=19.484 * ( 1 - 23.47% )/( (203.02 + 201.762)/ 2 )
=14.9111052/202.391
=7.37 %

where

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

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

Vertex Resource Group'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 )
=19.28/( ( (131.28 + max(20.161, 0)) + (128.123 + max(22.292, 0)) )/ 2 )
=19.28/( ( 151.441 + 150.415 )/ 2 )
=19.28/150.928
=12.77 %

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)
=(44.659 + 4.405 + 5.036) - (32.032 + 0.574 + 1.333)
=20.161

Working Capital(Q: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(48.765 + 4.098 + 5.096) - (33.657 + 0.677 + 1.333)
=22.292

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:

Vertex Resource Group's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2024 )
=10.365/156.233
=6.63 %

* 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.


Vertex Resource Group EBIT Related Terms

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Vertex Resource Group Business Description

Traded in Other Exchanges
Address
161, 2055 Premier Way, Sherwood Park, AB, CAN, T8H 0G2
Vertex Resource Group Ltd is a provider of environmental services and solutions, offering a combination of consulting, field services, and modern equipment. With operations across Canada and the United States, Vertex's integrated environmental solutions support asset development, operations, decommissioning, and restoration in five North American sectors namely oil and gas, mining and industrial, utilities, agriculture, forestry, and government.
Executives
Sherry Ann Bielopotocky Senior Officer
Paul Douglas Blenkhorn Senior Officer
Howard Lynn Start Senior Officer
Derek Jon Proctor Deemed Insider - 6 Months before becoming Insider
Terry Allan Stephenson 10% Security Holder, Director, Senior Officer
32 Degrees Capital Advisor Ltd. 10 percent owner
Christopher Challis Senior Officer
Jason John Clemett 10% Security Holder
Deon Walsh Senior Officer
Imran Ashbeen Ally Senior Officer
Michael Milan Zvonkovic Senior Officer

Vertex Resource Group Headlines

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