Mieco Chipboard Bhd (XKLS:5001) EBIT : RM18.0 Mil (TTM As of Dec. 2024)

View and export this data going back to 1998. Start your Free Trial

What is Mieco Chipboard Bhd EBIT?

Mieco Chipboard Bhd's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2024 was RM12.2 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2024 was RM18.0 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Mieco Chipboard Bhd's annualized ROC % for the quarter that ended in Dec. 2024 was 7.05%. Mieco Chipboard Bhd's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2024 was 9.77%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Mieco Chipboard Bhd's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2024 was 2.01%.

Mieco Chipboard Bhd EBIT Historical Data

The historical data trend for Mieco Chipboard 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.

Mieco Chipboard Bhd EBIT Chart

Mieco Chipboard Bhd Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

EBIT

Get a 7-Day Free Trial

7.64

33.29

-21.38

-49.37

17.99

Mieco Chipboard Bhd Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
EBIT	Get a 7-Day Free Trial															-10.26	0.90	-0.53	5.43	12.19

Competitive Comparison of Mieco Chipboard Bhd's EBIT

For the Lumber & Wood Production subindustry, Mieco Chipboard 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.

Mieco Chipboard Bhd's EV-to-EBIT Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Mieco Chipboard Bhd's EV-to-EBIT distribution charts can be found below:

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

Save Embed

;

Save Embed

;

Mieco Chipboard 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 Dec. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was RM18.0 Mil.

Mieco Chipboard Bhd (XKLS:5001) EBIT Explanation

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

Mieco Chipboard Bhd's annualized ROC % for the quarter that ended in Dec. 2024 is calculated as:

	ROC % (Q: Dec. 2024 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Sep. 2024 )	+	Invested Capital (Q: Dec. 2024 ))	/ count )
=	48.76 * ( 1 - 16.81% )	/	( (581.198	+	570.07)	/ 2 )
=	40.563444	/	575.634
=	7.05 %

where

	Invested Capital		(Q: Sep. 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	))
=	667.665	-	80.676	-	( 20.342	-	max(0, 235.76	-	241.551	+	20.342	))
=	581.198

	Invested Capital		(Q: Dec. 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	))
=	653.555	-	77.755	-	( 23.74	-	max(0, 227.255	-	232.985	+	23.74	))
=	570.07

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

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

Mieco Chipboard Bhd's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2024 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Dec. 2024 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Sep. 2024		Q: Dec. 2024
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	48.76	/	( ( (377.645 + max(127.325, 0))	+	(376.595 + max(116.555, 0)) )	/	2 )
=	48.76	/	( ( 504.97	+	493.15 )	/	2 )
=	48.76	/	499.06
=	9.77 %

where Working Capital is:

	Working Capital		(Q: Sep. 2024 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(49.025	+	94.215	+	64.761)	-	(80.676	+	0	+	0)
=	127.325

	Working Capital		(Q: Dec. 2024 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(40.059	+	84.386	+	69.865)	-	(77.755	+	0	+	0)
=	116.555

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Dec. 2024) EBIT data.

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

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

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Dec. 2024 )
	=	17.985	/	894.001
	=	2.01 %

Mieco Chipboard Bhd EBIT Related Terms

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

Mieco Chipboard Bhd Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » Mieco Chipboard Bhd (XKLS:5001) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

N/A

Address

Jalan Indah 2/6, No. 1, Block C, Taman Indah, Batu 11, Cheras, SGR, MYS, 43200

Website

https://www.mieco.com.my

Mieco Chipboard Bhd is an investment holding company. It is also engaged in the provision of management services. The core business includes the manufacturing and distribution of particle boards also known as chipboards, with the primary focus on plain boards and melamine-faced boards. In addition, its other operation comprises investment holding. Its product includes mieco plain board and mieco decorative melamine-faced chipboard. These products are commonly used as core materials for home and office furniture. Geographically company operates across Malaysia, Hong Kong, and China, and others.

Mieco Chipboard Bhd Headlines

No Headlines