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Vetece Holdings Bhd (XKLS:0319) EBIT : RM2.41 Mil (TTM As of Aug. 2024)


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What is Vetece Holdings Bhd EBIT?

Vetece Holdings Bhd's earnings before interest and taxes (EBIT) for the six months ended in Aug. 2024 was RM2.41 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Aug. 2024 was RM2.41 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Vetece Holdings Bhd's annualized ROC % for the quarter that ended in Aug. 2024 was 5.87%. Vetece Holdings Bhd's annualized ROC (Joel Greenblatt) % for the quarter that ended in Aug. 2024 was 23.32%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Vetece Holdings Bhd's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Aug. 2024 was 2.41%.

Vetece Holdings Bhd EBIT Historical Data

The historical data trend for Vetece Holdings 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.

Vetece Holdings Bhd EBIT Chart

Vetece Holdings Bhd Annual Data
Trend Aug21 Aug22 Aug23 Aug24
EBIT
4.26 5.67 8.87 2.41

Vetece Holdings Bhd Semi-Annual Data
Aug21 Aug22 Aug23 Aug24
EBIT 4.26 5.67 8.87 2.41

Competitive Comparison of Vetece Holdings Bhd's EBIT

For the Information Technology Services subindustry, Vetece Holdings 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.

Vetece Holdings Bhd's EV-to-EBIT Distribution in the Software Industry

For the Software industry and Technology sector, Vetece Holdings Bhd's EV-to-EBIT distribution charts can be found below:

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


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Vetece Holdings 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 Aug. 2024 was RM2.41 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.

Vetece Holdings Bhd  (XKLS:0319) EBIT Explanation

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

Vetece Holdings Bhd's annualized ROC % for the quarter that ended in Aug. 2024 is calculated as:

ROC % (Q: Aug. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Aug. 2023 ) + Invested Capital (Q: Aug. 2024 ))/ count )
=1.783 * ( 1 - 52.86% )/( (16.384 + 12.277)/ 2 )
=0.8405062/14.3305
=5.87 %

where

Invested Capital(Q: Aug. 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))
=24.844 - 3.092 - ( 5.368 - max(0, 4.032 - 17.426+5.368))
=16.384

Invested Capital(Q: Aug. 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))
=45.273 - 0.578 - ( 32.418 - max(0, 1.344 - 38.601+32.418))
=12.277

Note: The Operating Income data used here is one times the annual (Aug. 2024) data.

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

Vetece Holdings Bhd's annualized ROC (Joel Greenblatt) % for the quarter that ended in Aug. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Aug. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Aug. 2023  Q: Aug. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=2.413/( ( (7.418 + max(4.429, 0)) + (6.672 + max(2.172, 0)) )/ 2 )
=2.413/( ( 11.847 + 8.844 )/ 2 )
=2.413/10.3455
=23.32 %

where Working Capital is:

Working Capital(Q: Aug. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(8.086 + 0 + 0.26) - (3.092 + 0 + 0.825)
=4.429

Working Capital(Q: Aug. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(3.19 + 0 + 0.206) - (0.578 + 0 + 0.646)
=2.172

When net working capital is negative, 0 is used.

Note: The EBIT data used here is one times the annual (Aug. 2024) EBIT data.

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Aug. 2024 )
=2.413/99.950
=2.41 %

* 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.

Vetece Holdings Bhd EBIT Related Terms

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Vetece Holdings Bhd Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » Vetece Holdings Bhd (XKLS:0319) » Definitions » EBIT
Comparable Companies
XKLS:9075 XKLS:0281 XKLS:03038 XKLS:0106 XKLS:0126 XKLS:8338 XKLS:0343 XKLS:5011 XKLS:0131 XKLS:0060 IBM ACN NSE:TCS FI NSE:INFY NSE:HCLTECH CTSH IT FIS BOM:507685
Traded in Other Exchanges
N/A
Address
No. 2, Jalan Kerinchi, E-32-3A and E-32-03, Menara Suezcap 2, KL Gateway, Gerbang Kerinchi Lestari, Wilayah Persekutuan, Kuala Lumpur, SGR, MYS, 59200
Website
https://www.vtcholding.com
Vetece Holdings Bhd is an investment holding company. Through its subsidiaries, it is principally an enterprise IT solutions provider, providing implementation services, maintenance, support and professional services as well as resale of hardware and software. The company assists its clients in the implementation process involving design, installation, customization and configuration, data integration, testing and deployment of the enterprise IT solutions to ensure that it seamlessly integrates with clients' systems. Post-implementation process, It will continue to provide ongoing support through maintenance, support and professional services which include maintenance and upgrades of the systems, as well as providing training to clients' employees.

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