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Mycron Steel Bhd (XKLS:5087) EBIT : RM25.4 Mil (TTM As of Sep. 2024)


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What is Mycron Steel Bhd EBIT?

Mycron Steel Bhd's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2024 was RM-0.2 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2024 was RM25.4 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Mycron Steel Bhd's annualized ROC % for the quarter that ended in Sep. 2024 was 1.39%. Mycron Steel Bhd's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was -0.10%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Mycron Steel Bhd's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 13.43%.


Mycron Steel Bhd EBIT Historical Data

The historical data trend for Mycron Steel 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.

Mycron Steel Bhd EBIT Chart

Mycron Steel Bhd Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only -3.42 72.29 70.09 -7.46 29.59

Mycron Steel Bhd Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 4.00 1.40 9.87 14.33 -0.15

Competitive Comparison of Mycron Steel Bhd's EBIT

For the Steel subindustry, Mycron Steel 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.


Mycron Steel Bhd's EV-to-EBIT Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Mycron Steel Bhd's EV-to-EBIT distribution charts can be found below:

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



Mycron Steel 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 Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was RM25.4 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.


Mycron Steel Bhd  (XKLS:5087) EBIT Explanation

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

Mycron Steel Bhd's annualized ROC % for the quarter that ended in Sep. 2024 is calculated as:

ROC % (Q: Sep. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jun. 2024 ) + Invested Capital (Q: Sep. 2024 ))/ count )
=10.084 * ( 1 - 11.42% )/( (648.94 + 633.609)/ 2 )
=8.9324072/641.2745
=1.39 %

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))
=737.047 - 45.105 - ( 58.333 - max(0, 161.898 - 372.985+58.333))
=633.609

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

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

Mycron Steel Bhd's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Sep. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2024  Q: Sep. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-0.616/( ( (346.838 + max(267.688, 0)) + (344.062 + max(267.308, 0)) )/ 2 )
=-0.616/( ( 614.526 + 611.37 )/ 2 )
=-0.616/612.948
=-0.10 %

where Working Capital is:

Working Capital(Q: Jun. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(105.36 + 265.895 + 4.22) - (97.118 + 0 + 10.669)
=267.688

Working Capital(Q: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(85.321 + 226.534 + 2.702) - (45.105 + 0 + 2.144)
=267.308

When net working capital is negative, 0 is used.

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

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2024 )
=25.442/189.512
=13.43 %

* 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.


Mycron Steel Bhd EBIT Related Terms

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Mycron Steel Bhd Business Description

Traded in Other Exchanges
N/A
Address
Lot 717, Jalan Sungai Rasau, Seksyen 16, Shah Alam, SGR, MYS, 40200
Mycron Steel Bhd is involved in the manufacturing of accessories made from steel, steel tubes, and pipes. The company mainly involves in the manufacture of Cold rolled coil-related products used in automotive, electrical appliances, electronics, and construction industries; Steel tubes, and Others. Its product portfolio includes cold-rolled electrical sheets, galvanized zinc sheets, tin-plated sheets, and electro-galvanized iron sheets. The company's operating segment includes Cold rolled coil; Steel tube and others. It generates maximum revenue from the Cold rolled Coil following Steel Tube.

Mycron Steel Bhd Headlines

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