MyTech Group Bhd (XKLS:7692) EBIT : RM2.58 Mil (TTM As of Dec. 2023)

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What is MyTech Group Bhd EBIT?

MyTech Group Bhd's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2023 was RM1.16 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was RM2.58 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. MyTech Group Bhd's annualized ROC % for the quarter that ended in Dec. 2023 was 21.44%. MyTech Group Bhd's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 35.76%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. MyTech Group Bhd's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 2.41%.

MyTech Group Bhd EBIT Historical Data

The historical data trend for MyTech 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.

MyTech Group Bhd EBIT Chart

MyTech Group Bhd Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

EBIT

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1.87

0.91

-1.12

1.92

2.01

MyTech Group Bhd Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
EBIT	Get a 7-Day Free Trial															1.05	-0.07	0.70	0.78	1.16

Competitive Comparison of MyTech Group Bhd's EBIT

For the Tools & Accessories subindustry, MyTech 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.

MyTech Group Bhd's EV-to-EBIT Distribution in the Industrial Products Industry

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

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

MyTech 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. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was RM2.58 Mil.

MyTech Group Bhd (XKLS:7692) EBIT Explanation

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

MyTech Group Bhd's annualized ROC % for the quarter that ended in Dec. 2023 is calculated as:

	ROC % (Q: Dec. 2023 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Sep. 2023 )	+	Invested Capital (Q: Dec. 2023 ))	/ count )
=	4.64 * ( 1 - 25.22% )	/	( (15.998	+	16.372)	/ 2 )
=	3.469792	/	16.185
=	21.44 %

where

	Invested Capital		(Q: Sep. 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	))
=	41.973	-	0.42	-	( 25.555	-	max(0, 0.564	-	30.349	+	25.555	))
=	15.998

	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	))
=	43.361	-	0.761	-	( 26.228	-	max(0, 1.166	-	31.65	+	26.228	))
=	16.372

Note: The Operating Income data used here is four times the quarterly (Dec. 2023) data.

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

MyTech Group Bhd's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Dec. 2023 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Sep. 2023		Q: Dec. 2023
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	4.64	/	( ( (8.542 + max(4.244, 0))	+	(8.817 + max(4.347, 0)) )	/	2 )
=	4.64	/	( ( 12.786	+	13.164 )	/	2 )
=	4.64	/	12.975
=	35.76 %

where Working Capital is:

	Working Capital		(Q: Sep. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(2.755	+	2.039	+	0)	-	(0.42	+	0	+	0.13)
=	4.244

	Working Capital		(Q: Dec. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(3.29	+	2.132	+	-3.5527136788005E-15)	-	(0.761	+	0	+	0.314)
=	4.347

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Dec. 2023) EBIT data.

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

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

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Dec. 2023 )
	=	2.577	/	107.004
	=	2.41 %

MyTech Group Bhd EBIT Related Terms

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MyTech Group Bhd (XKLS:7692) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » MyTech Group Bhd (XKLS:7692) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 2, Jalan Solaris, K-09-01, Block K, Solaris Mont Kiara, Kuala Lumpur, SGR, MYS, 50480

Website

https://www.mytechgroup.com.my

MyTech Group Bhd formerly Widetech (Malaysia) Bhd is principally engaged as an investment holding company, provision of management services, and rental of properties. It has three operating segments: the Manufacturing of precision springs: Hotel operations; and Others which include investment holding, provision of management services, provision of financing services, and rental of properties. It generates maximum revenue from the Manufacturing segment. Geographically, it derives a majority of its revenue from Malaysia and also has a presence in Laos.

MyTech Group Bhd (XKLS:7692) Headlines

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