OCI (XKRX:456040) EBIT : ₩113,066 Mil (TTM As of Mar. 2024)

View and export this data going back to 2023. Start your Free Trial

What is OCI EBIT?

OCI's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was ₩54,431 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was ₩113,066 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. OCI's annualized ROC % for the quarter that ended in Mar. 2024 was 7.96%. OCI's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 20.77%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. OCI's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 9.96%.

OCI EBIT Historical Data

The historical data trend for OCI'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.

OCI EBIT Chart

OCI Annual Data

Trend

Dec23

EBIT

82,142.22

OCI Quarterly Data
	Jun23	Sep23	Dec23	Mar24
EBIT	-	31,868.79	26,766.09	54,430.98

Competitive Comparison of OCI's EBIT

For the Conglomerates subindustry, OCI'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.

OCI's EV-to-EBIT Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, OCI's EV-to-EBIT distribution charts can be found below:

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

OCI 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 ₩113,066 Mil.

OCI (XKRX:456040) EBIT Explanation

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

OCI'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 )
=	155331.244 * ( 1 - 18.51% )	/	( (1540657.425	+	1641047.606)	/ 2 )
=	126579.4307356	/	1590852.5155
=	7.96 %

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	))
=	1990471.193	-	280795.427	-	( 340359.689	-	max(0, 861688.555	-	1030706.896	+	340359.689	))
=	1540657.425

	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	))
=	2308758.132	-	297624.595	-	( 455289.153	-	max(0, 895325.215	-	1265411.146	+	455289.153	))
=	1641047.606

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

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

OCI'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 )
=	217723.9	/	( ( (604426.132 + max(372753.52, 0))	+	(654297.033 + max(465446.158, 0)) )	/	2 )
=	217723.9	/	( ( 977179.652	+	1119743.191 )	/	2 )
=	217723.9	/	1048461.4215
=	20.77 %

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)
=	(313062.418	+	342305.932	+	27692.093)	-	(280795.427	+	0	+	29511.496)
=	372753.52

	Working Capital		(Q: Mar. 2024 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(365879.584	+	402866.582	+	36207.161)	-	(297624.595	+	0	+	41882.574)
=	465446.158

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:

OCI's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Mar. 2024 )
	=	113065.852	/	1134724.400
	=	9.96 %

OCI EBIT Related Terms

Thank you for viewing the detailed overview of OCI's EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.

OCI (XKRX:456040) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » OCI (XKRX:456040) » Definitions » EBIT

Traded in Other Exchanges

N/A

Address

94, Sogong-ro, Jung-gu, Seoul, KOR, 100-718

Website

https://www.oci.co.kr

OCI is engaged in Solar PV Business, ESS (Energy Storage System), Cogeneration, Urban development projects, and Pharmaceutical-Bio business. The company will operate in Korea, China, and the United States.

OCI (XKRX:456040) Headlines

No Headlines