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Tong Herr Resources Bhd (XKLS:5010) EBIT : RM14.5 Mil (TTM As of Mar. 2024)


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What is Tong Herr Resources Bhd EBIT?

Tong Herr Resources Bhd's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was RM6.2 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was RM14.5 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Tong Herr Resources Bhd's annualized ROC % for the quarter that ended in Mar. 2024 was 0.93%. Tong Herr Resources Bhd's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 4.99%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Tong Herr Resources Bhd's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 6.03%.


Tong Herr Resources Bhd EBIT Historical Data

The historical data trend for Tong Herr Resources 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.

Tong Herr Resources Bhd EBIT Chart

Tong Herr Resources 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 31.47 45.78 96.53 115.45 16.60

Tong Herr Resources 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 8.28 7.43 2.92 -2.03 6.22

Competitive Comparison of Tong Herr Resources Bhd's EBIT

For the Tools & Accessories subindustry, Tong Herr Resources 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.


Tong Herr Resources Bhd's EV-to-EBIT Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Tong Herr Resources Bhd's EV-to-EBIT distribution charts can be found below:

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



Tong Herr Resources 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 RM14.5 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.


Tong Herr Resources Bhd  (XKLS:5010) EBIT Explanation

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

Tong Herr Resources 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 )
=6.236 * ( 1 - 24.88% )/( (507.888 + 498.757)/ 2 )
=4.6844832/503.3225
=0.93 %

where

Invested Capital(Q: Dec. 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))
=664.686 - 29.066 - ( 127.732 - max(0, 50.083 - 516.101+127.732))
=507.888

Invested Capital(Q: Mar. 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))
=652.775 - 25.406 - ( 128.612 - max(0, 43.102 - 507.228+128.612))
=498.757

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

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

Tong Herr Resources 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 )
=24.86/( ( (145.479 + max(356.824, 0)) + (142.452 + max(351.865, 0)) )/ 2 )
=24.86/( ( 502.303 + 494.317 )/ 2 )
=24.86/498.31
=4.99 %

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)
=(47.073 + 335.317 + 4.581) - (29.066 + 0 + 1.081)
=356.824

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(58.843 + 299.702 + 20.071) - (25.406 + 0 + 1.345)
=351.865

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=14.535/240.877
=6.03 %

* 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.


Tong Herr Resources Bhd EBIT Related Terms

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Tong Herr Resources Bhd (XKLS:5010) Business Description

Traded in Other Exchanges
N/A
Address
No. 2515, Tingkat Perusahaan 4A, Perai Free Trade Zone, Perai, PNG, MYS, 13600
Tong Herr Resources Bhd is a Malaysia-based investment holding company. It operates through two segments namely Manufacture and sale of stainless steel fasteners and Manufacture and sale of aluminum products. The company derives maximum revenue from the Manufacture and sale of stainless steel fasteners segment. It is engaged in the production and marketing of stainless steel fasteners such as nuts, bolts, screws, and all other threaded items, aluminum extrusion, and its related products. It operates geographically across countries like Malaysia, Thailand, Germany, the United States of America, and Other countries.

Tong Herr Resources Bhd (XKLS:5010) Headlines

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