Mauritius Secondary Industries (XMAU:MSIL.I0000) EBIT : MUR4.83 Mil (TTM As of Mar. 2024)

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What is Mauritius Secondary Industries EBIT?

Mauritius Secondary Industries's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was MUR1.56 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was MUR4.83 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Mauritius Secondary Industries's annualized ROC % for the quarter that ended in Mar. 2024 was 5.12%. Mauritius Secondary Industries's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 73.08%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Mauritius Secondary Industries's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 18.90%.

Mauritius Secondary Industries EBIT Historical Data

The historical data trend for Mauritius Secondary Industries'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.

Mauritius Secondary Industries EBIT Chart

Mauritius Secondary Industries Annual Data

Trend

Jun20

Jun21

Jun22

Jun23

EBIT

4.30

4.32

3.72

4.35

Mauritius Secondary Industries Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
EBIT	Get a 7-Day Free Trial											1.14	0.88	2.13	0.27	1.56

Competitive Comparison of Mauritius Secondary Industries's EBIT

For the Real Estate Services subindustry, Mauritius Secondary Industries'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.

Mauritius Secondary Industries's EV-to-EBIT Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Mauritius Secondary Industries's EV-to-EBIT distribution charts can be found below:

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

Mauritius Secondary Industries 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 MUR4.83 Mil.

Mauritius Secondary Industries (XMAU:MSIL.I0000) EBIT Explanation

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

Mauritius Secondary Industries'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 )
=	5.104 * ( 1 - 7.52% )	/	( (90.782	+	93.488)	/ 2 )
=	4.7201792	/	92.135
=	5.12 %

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	))
=	90.782	-	0	-	( 0	-	max(0, 3.247	-	11.067	+	0	))
=	90.782

	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	))
=	93.488	-	0	-	( 0	-	max(0, 3.386	-	12.666	+	0	))
=	93.488

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

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

Mauritius Secondary Industries'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 )
=	6.248	/	( ( (0 + max(7.82, 0))	+	(0 + max(9.28, 0)) )	/	2 )
=	6.248	/	( ( 7.82	+	9.28 )	/	2 )
=	6.248	/	8.55
=	73.08 %

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)
=	(0	+	0	+	11.067)	-	(0	+	0	+	3.247)
=	7.82

	Working Capital		(Q: Mar. 2024 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0	+	0	+	12.666)	-	(0	+	0	+	3.386)
=	9.28

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:

Mauritius Secondary Industries's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Mar. 2024 )
	=	4.832	/	25.563
	=	18.90 %

Mauritius Secondary Industries EBIT Related Terms

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Mauritius Secondary Industries (XMAU:MSIL.I0000) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Mauritius Secondary Industries Ltd (XMAU:MSIL.I0000) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

N/A

Address

C/O United Bus Service Ltd., Les Cassis, Port Louis, MUS

Website

https://www.accgroup.mu/msi

Mauritius Secondary Industries Ltd is engaged in the retreading of motor vehichle tyres and rental of commercial building. The Company is only engaged in property rental activity locally.

Mauritius Secondary Industries (XMAU:MSIL.I0000) Headlines

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