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M & A Equity Holdings Bhd (XKLS:7082) EBIT : RM21.25 Mil (TTM As of Mar. 2024)


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What is M & A Equity Holdings Bhd EBIT?

M & A Equity Holdings Bhd's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was RM6.92 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was RM21.25 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. M & A Equity Holdings Bhd's annualized ROC % for the quarter that ended in Mar. 2024 was 6.47%. M & A Equity Holdings Bhd's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 19.41%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. M & A Equity Holdings Bhd's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 3.69%.


M & A Equity Holdings Bhd EBIT Historical Data

The historical data trend for M & A Equity 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.

M & A Equity Holdings Bhd EBIT Chart

M & A Equity Holdings Bhd Annual Data
Trend Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jun23
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only -47.06 -16.12 13.31 -0.67 -

M & A Equity Holdings Bhd Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 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 -1.37 -0.26 7.86 6.73 6.92

Competitive Comparison of M & A Equity Holdings Bhd's EBIT

For the Furnishings, Fixtures & Appliances subindustry, M & A Equity 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.


M & A Equity Holdings Bhd's EV-to-EBIT Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, M & A Equity Holdings Bhd's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where M & A Equity Holdings Bhd's EV-to-EBIT falls into.



M & A Equity 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.

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 RM21.25 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.


M & A Equity Holdings Bhd  (XKLS:7082) EBIT Explanation

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

M & A Equity Holdings 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 )
=27.696 * ( 1 - 31.37% )/( (300.316 + 287.077)/ 2 )
=19.0077648/293.6965
=6.47 %

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))
=598.814 - 142.481 - ( 156.017 - max(0, 156.051 - 460.299+156.017))
=300.316

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))
=557.282 - 96.915 - ( 173.29 - max(0, 109.979 - 418.292+173.29))
=287.077

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

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

M & A Equity Holdings 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 )
=27.696/( ( (7.421 + max(141.739, 0)) + (7.477 + max(128.738, 0)) )/ 2 )
=27.696/( ( 149.16 + 136.215 )/ 2 )
=27.696/142.6875
=19.41 %

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)
=(272.586 + 10.066 + 1.568) - (142.481 + 0 + 0)
=141.739

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(213.864 + 10.066 + 1.723) - (96.915 + 0 + -1.4210854715202E-14)
=128.738

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:

M & A Equity Holdings Bhd's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=21.254/575.582
=3.69 %

* 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.


M & A Equity Holdings Bhd EBIT Related Terms

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M & A Equity Holdings Bhd (XKLS:7082) Business Description

Traded in Other Exchanges
N/A
Address
No. 47-11, The Boulevard Mid Valley City, Lingkaran Syed Putra, Kuala Lumpur, SGR, MYS, 43500
M & A Equity Holdings Bhd is an investment holding company. The company's segments include Financial Service, Property Investment and development and Investment Holding. The Financial services segment represents the company's business, offering a range of financial services to its clients, comprising stock brokerage services, corporate finance advisory services as well as margin financing services to complement its stockbroking business. The property investment and development segment includes the developer of high-rise residential project. The investment holding segment functions as a supporting division to the Group. Its Investment Holding segment activities include corporate and management services to the Group. The company earns majority of its revenue from Financial Services.

M & A Equity Holdings Bhd (XKLS:7082) Headlines

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