Aluworks (XGHA:ALW) EBIT: GHS-12.02 Mil (TTM As of Dec. 2020)


What is Aluworks EBIT?

Aluworks XGHA:ALW EBIT is GHS-12.02 Mil as of Dec. 2020.

Aluworks's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2020 was GHS-12.02 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2020 was GHS-12.02 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Aluworks's annualized ROC % for the quarter that ended in Dec. 2020 was -2.99%. Aluworks's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2020 was -5.91%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Aluworks's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2020 was -7.98%.

Aluworks  (XGHA:ALW) EBIT Explanation

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

Aluworks's annualized ROC % for the quarter that ended in Dec. 2020 is calculated as:

ROC % (Q: Dec. 2020 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2019 ) + Invested Capital (Q: Dec. 2020 ))/ count )
=-11.275 * ( 1 - 8.12% )/( (337.348 + 355.425)/ 2 )
=-10.35947/346.3865
=-2.99 %

where

Invested Capital(Q: Dec. 2019 )
=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))
=226.051 - 24.163 - ( 0.749 - max(0, 154.933 - 19.473+0.749))
=337.348

Invested Capital(Q: Dec. 2020 )
=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))
=215.398 - 25.827 - ( 0.141 - max(0, 181.036 - 15.182+0.141))
=355.425

Note: The Operating Income data used here is one times the annual (Dec. 2020) data.

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

Aluworks's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2020 is calculated as:

ROC (Joel Greenblatt) %(Q: Dec. 2020 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2019  Q: Dec. 2020
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-12.023/( ( (206.458 + max(-34.362, 0)) + (200.096 + max(-39.482, 0)) )/ 2 )
=-12.023/( ( 206.458 + 200.096 )/ 2 )
=-12.023/203.277
=-5.91 %

where Working Capital is:

Working Capital(Q: Dec. 2019 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.737 + 15.569 + 1.651) - (24.163 + 0 + 28.156)
=-34.362

Working Capital(Q: Dec. 2020 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.398 + 12.191 + 1.912) - (25.827 + 0 + 28.156)
=-39.482

When net working capital is negative, 0 is used.

Note: The EBIT data used here is one times the annual (Dec. 2020) EBIT data.

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2020 )
=-12.023/150.581
=-7.98 %

* 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.

Aluworks EBIT Related Terms

Aluworks EBIT Historical Data

* Premium members only.

The historical data trend for Aluworks'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.

Aluworks EBIT Chart

Aluworks Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
EBIT
Get a 7-Day Free Trial -2.92 -6.73 -16.58 -9.55 -12.02

Aluworks Semi-Annual Data
Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
EBIT Get a 7-Day Free Trial -2.92 -6.73 -16.58 -9.55 -12.02

XGHA:ALW vs AA: EBIT Comparison

For the Aluminum subindustry, Aluworks'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.

Aluworks EV-to-EBIT vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Aluworks's EV-to-EBIT distribution charts can be found below:

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


Aluworks 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.

For stock reported annually, GuruFocus uses latest annual data as the TTM data. EBIT for the trailing twelve months (TTM) ended in Dec. 2020 was GHS-12.02 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.

Frequently Asked Questions Learn more about EBIT →
What does a EBIT of GHS-12.02 Mil mean?
Aluworks (XGHA:ALW) has a EBIT of GHS-12.02 Mil as of Dec. 2020. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Aluworks.
Is Aluworks' EBIT too high?
Aluworks' current EBIT is GHS-12.02 Mil.
How does Aluworks' EBIT compare to AA?
Aluworks' EBIT of GHS-12.02 Mil can be compared against companies in the Metals & Mining industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBIT for a Metals & Mining company?
A good EBIT depends on the Metals & Mining industry context. However, EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EBIT mean?
A high EBIT can signal that a stock is expensive relative to its fundamentals. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Aluworks. Aluworks's current EBIT is GHS-12.02 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aluworks stock overvalued right now?
Aluworks (XGHA:ALW) has a current EBIT of GHS-12.02 Mil. The current EBIT is GHS-12.02 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBIT calculated?
EBIT is calculated from a company's financial statements. For Aluworks (XGHA:ALW), the current EBIT is GHS-12.02 Mil as of Dec. 2020. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Aluworks Business Description

Address Plot No. 63/1, Heavy Industrial Area, P. O. Box CO 914, Greater Accra, Tema, GHA
Aluworks Ltd is engaged in continuous casting and cold rolling of aluminum products. The company manufactures aluminum coils, circles, corrugated sheets, and flat sheets. It acts as a supplier of aluminum coils, discs, flat sheets and sheet-in-coil as raw materials for many small and medium-scale factories manufacturing aluminum household cooking utensils, corrugated roofing sheets, and general fabrication. The company generates the majority of its revenue from Ghana.