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Eversafe Rubber Bhd (XKLS:0190) EBIT : RM4.4 Mil (TTM As of Mar. 2024)


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What is Eversafe Rubber Bhd EBIT?

Eversafe Rubber Bhd's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was RM0.8 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was RM4.4 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Eversafe Rubber Bhd's annualized ROC % for the quarter that ended in Mar. 2024 was 2.31%. Eversafe Rubber Bhd's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 3.85%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Eversafe Rubber Bhd's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 6.05%.


Eversafe Rubber Bhd EBIT Historical Data

The historical data trend for Eversafe Rubber Bhd'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.

Eversafe Rubber Bhd EBIT Chart

Eversafe Rubber Bhd 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 3.71 5.49 4.78 -2.47 4.92

Eversafe Rubber Bhd 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 1.31 2.13 1.23 0.25 0.81

Competitive Comparison of Eversafe Rubber Bhd's EBIT

For the Auto Parts subindustry, Eversafe Rubber Bhd'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.


Eversafe Rubber Bhd's EV-to-EBIT Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Eversafe Rubber Bhd's EV-to-EBIT distribution charts can be found below:

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



Eversafe Rubber Bhd 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 RM4.4 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.


Eversafe Rubber Bhd  (XKLS:0190) EBIT Explanation

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

Eversafe Rubber Bhd'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 )
=3.072 * ( 1 - 25.67% )/( (108.212 + 89.824)/ 2 )
=2.2834176/99.018
=2.31 %

where

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

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

Eversafe Rubber Bhd'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 )
=3.228/( ( (37.353 + max(48.547, 0)) + (35.949 + max(45.686, 0)) )/ 2 )
=3.228/( ( 85.9 + 81.635 )/ 2 )
=3.228/83.7675
=3.85 %

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)
=(26.377 + 20.857 + 19.474) - (5.509 + 0 + 12.652)
=48.547

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(29.483 + 21.529 + 0.81399999999999) - (6.111 + 0 + 0.028999999999996)
=45.686

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:

Eversafe Rubber Bhd's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=4.419/72.996
=6.05 %

* 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.


Eversafe Rubber Bhd EBIT Related Terms

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Eversafe Rubber Bhd (XKLS:0190) Business Description

Traded in Other Exchanges
N/A
Address
Lot 94, Lebuh Portland, Tasek Industrial Estate, Ipoh, PRK, MYS, 31400
Eversafe Rubber Bhd is a rubber product manufacturing company. It is engaged in the development, manufacturing, and distribution of tyre retreading materials and tyre retreading operations. The group has a single reporting segment being Manufacturing and Sale of Rubber-based tyre retread products. It derives the majority of its geographical segment revenue from Malaysia.

Eversafe Rubber Bhd (XKLS:0190) Headlines

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