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ASTEEL Group Bhd (XKLS:7020) EBIT : RM7.5 Mil (TTM As of Dec. 2024)


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What is ASTEEL Group Bhd EBIT?

ASTEEL Group Bhd's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2024 was RM4.0 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2024 was RM7.5 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. ASTEEL Group Bhd's annualized ROC % for the quarter that ended in Dec. 2024 was 2.38%. ASTEEL Group Bhd's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2024 was 10.60%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. ASTEEL Group Bhd's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2024 was 6.35%.


ASTEEL Group Bhd EBIT Historical Data

The historical data trend for ASTEEL Group 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.

ASTEEL Group Bhd EBIT Chart

ASTEEL Group Bhd Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.99 15.59 0.19 -0.52 7.52

ASTEEL Group 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 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 -1.75 1.15 -0.18 2.50 4.05

Competitive Comparison of ASTEEL Group Bhd's EBIT

For the Steel subindustry, ASTEEL Group 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.


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

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

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


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ASTEEL Group 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 RM7.5 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.


ASTEEL Group Bhd  (XKLS:7020) EBIT Explanation

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

ASTEEL Group 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 )
=14.304 * ( 1 - 71.93% )/( (173.646 + 163.124)/ 2 )
=4.0151328/168.385
=2.38 %

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))
=236.326 - 39.005 - ( 28.577 - max(0, 129.916 - 153.591+28.577))
=173.646

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))
=245.331 - 54.198 - ( 31.535 - max(0, 136.846 - 164.855+31.535))
=163.124

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

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

ASTEEL Group 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 )
=16.196/( ( (81.746 + max(78.305, 0)) + (79.552 + max(65.853, 0)) )/ 2 )
=16.196/( ( 160.051 + 145.405 )/ 2 )
=16.196/152.728
=10.60 %

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)
=(64.258 + 55.228 + 2.207) - (39.005 + 0 + 4.383)
=78.305

Working Capital(Q: Dec. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(67.152 + 55.993 + 1.396) - (54.198 + 0 + 4.49)
=65.853

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2024 )
=7.517/118.346
=6.35 %

* 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.


ASTEEL Group Bhd EBIT Related Terms

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ASTEEL Group Bhd Business Description

Traded in Other Exchanges
N/A
Address
No.2 Jalan Setia Prima S U13/S Seksyen U13, Suite 27-1 Setia Avenue, Setia Alam, Shah Alam, SGR, MYS, 40170
ASTEEL Group Bhd operates integrated steel mills in East Malaysia, which is a wholly owned subsidiary of YKGI HOLDINGS BERHAD. ASTEEL specializes in steel roofing and structure design and building and focuses on the downstream industry for other building and construction materials. It is involved in the manufacturing of coated steel products and processing of metal roofing, wall cladding & fencing, metal floor decking, light gauge structural components, purlins, and framing systems under the brands ASTEEL and ASTAR. The firm operates in two segments: ARSB and STARSHINE. ARSB segment that derives the majority of revenue engages in manufacturing and selling coated steel products and downstream roofing products, trading of hardware and building materials in Sabah and Sarawak, East Malaysia.

ASTEEL Group Bhd Headlines

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