GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Glostrext Bhd (XKLS:0284) » Definitions » EBIT

Glostrext Bhd (XKLS:0284) EBIT : RM5.39 Mil (TTM As of Mar. 2023)


View and export this data going back to 2023. Start your Free Trial

What is Glostrext Bhd EBIT?

Glostrext Bhd's earnings before interest and taxes (EBIT) for the six months ended in Mar. 2023 was RM5.39 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2023 was RM5.39 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Glostrext Bhd's annualized ROC % for the quarter that ended in Mar. 2023 was 9.08%. Glostrext Bhd's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2023 was 21.17%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Glostrext Bhd's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2023 was 6.59%.

Glostrext Bhd EBIT Historical Data

The historical data trend for Glostrext 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.

Glostrext Bhd EBIT Chart

Glostrext Bhd Annual Data
Trend Mar20 Mar21 Mar22 Mar23
EBIT
5.84 3.54 8.91 5.39

Glostrext Bhd Semi-Annual Data
Mar20 Mar21 Mar22 Mar23
EBIT 5.84 3.54 8.91 5.39

Competitive Comparison of Glostrext Bhd's EBIT

For the Engineering & Construction subindustry, Glostrext 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.

Glostrext Bhd's EV-to-EBIT Distribution in the Construction Industry

For the Construction industry and Industrials sector, Glostrext Bhd's EV-to-EBIT distribution charts can be found below:

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


Glostrext 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.

For stock reported annually, GuruFocus uses latest annual data as the TTM data. EBIT for the trailing twelve months (TTM) ended in Mar. 2023 was RM5.39 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.

Glostrext Bhd  (XKLS:0284) EBIT Explanation

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

Glostrext Bhd's annualized ROC % for the quarter that ended in Mar. 2023 is calculated as:

ROC % (Q: Mar. 2023 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Mar. 2022 ) + Invested Capital (Q: Mar. 2023 ))/ count )
=3.995 * ( 1 - 18% )/( (33.851 + 38.267)/ 2 )
=3.2759/36.059
=9.08 %

where

Invested Capital(Q: Mar. 2022 )
=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))
=43.394 - 1.723 - ( 7.82 - max(0, 4.125 - 17.468+7.82))
=33.851

Invested Capital(Q: Mar. 2023 )
=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))
=66.487 - 1.515 - ( 26.705 - max(0, 2.41 - 41.254+26.705))
=38.267

Note: The Operating Income data used here is one times the annual (Mar. 2023) data.

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

Glostrext Bhd's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2023 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2023 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Mar. 2022  Q: Mar. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=5.392/( ( (16.397 + max(6.641, 0)) + (16.557 + max(11.351, 0)) )/ 2 )
=5.392/( ( 23.038 + 27.908 )/ 2 )
=5.392/25.473
=21.17 %

where Working Capital is:

Working Capital(Q: Mar. 2022 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(5.225 + 2.531 + 1.027) - (1.723 + 0 + 0.419)
=6.641

Working Capital(Q: Mar. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(7.403 + 3.142 + 2.597) - (1.515 + 0 + 0.276)
=11.351

When net working capital is negative, 0 is used.

Note: The EBIT data used here is one times the annual (Mar. 2023) EBIT data.

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2023 )
=5.392/81.768
=6.59 %

* 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.

Glostrext Bhd EBIT Related Terms

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

Glostrext Bhd (XKLS:0284) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Glostrext Bhd (XKLS:0284) » Definitions » EBIT
Comparable Companies
XKLS:7163 XKLS:9717 XKLS:8591 XKLS:6998 XKLS:6173 XKLS:5006 XKLS:5070 XKLS:0221 XKLS:0237 XKLS:7544 XPAR:DG NSE:LT SHSE:601668 PWR SHSE:601390 J TSX:WSP HKSE:01800 SHSE:601186 XPAR:EN
Traded in Other Exchanges
N/A
Address
No. 11A, Jalan Apollo U5/194, Bandar Pinggiran Subang, Seksyen U5, Shah Alam, SGR, MYS, 40150
Website
https://www.glostrext.com
Glostrext Bhd is a geotechnical instrumentation service provider, where it provides piling, structural and geotechnical-related services, covering instrumentation, testing and monitoring services to construction projects as well as completed buildings and infrastructure. Its service offerings can be categorized into 2 segments; Provision of pile instrumentation and static load test services to construction projects and Provision of structural and ground instrumentation and monitoring services to construction projects as well as completed buildings and infrastructures. The majority of revenue is derived from pile instrumentation and static load test services.

Glostrext Bhd (XKLS:0284) Headlines

No Headlines