GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Ginegar Plastic Products Ltd (XTAE:GNGR) » Definitions » EBIT

Ginegar Plastic Products (XTAE:GNGR) EBIT : ₪24.2 Mil (TTM As of Dec. 2024)


View and export this data going back to 2006. Start your Free Trial

What is Ginegar Plastic Products EBIT?

Ginegar Plastic Products's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2024 was ₪-2.1 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2024 was ₪24.2 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Ginegar Plastic Products's annualized ROC % for the quarter that ended in Dec. 2024 was 6.30%. Ginegar Plastic Products's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2024 was -2.68%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Ginegar Plastic Products's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2024 was 8.74%.


Ginegar Plastic Products EBIT Historical Data

The historical data trend for Ginegar Plastic Products'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.

Ginegar Plastic Products EBIT Chart

Ginegar Plastic Products 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 36.29 34.68 -6.74 15.43 24.22

Ginegar Plastic Products 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 -10.97 7.93 11.84 6.60 -2.14

Competitive Comparison of Ginegar Plastic Products's EBIT

For the Textile Manufacturing subindustry, Ginegar Plastic Products'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.


Ginegar Plastic Products's EV-to-EBIT Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Ginegar Plastic Products's EV-to-EBIT distribution charts can be found below:

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


;
;

Ginegar Plastic Products 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 ₪24.2 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.


Ginegar Plastic Products  (XTAE:GNGR) EBIT Explanation

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

Ginegar Plastic Products'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 )
=29.272 * ( 1 - 16.07% )/( (391.046 + 388.618)/ 2 )
=24.5679896/389.832
=6.30 %

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))
=643.571 - 167.993 - ( 84.532 - max(0, 261.156 - 459.541+84.532))
=391.046

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

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

Ginegar Plastic Products'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 )
=-8.576/( ( (145.871 + max(189.109, 0)) + (144.088 + max(160.645, 0)) )/ 2 )
=-8.576/( ( 334.98 + 304.733 )/ 2 )
=-8.576/319.8565
=-2.68 %

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)
=(185.561 + 171.389 + 0.15200000000004) - (167.993 + 0 + 0)
=189.109

Working Capital(Q: Dec. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(178.211 + 174.028 + 0.15300000000002) - (165.657 + 0 + 26.09)
=160.645

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:

Ginegar Plastic Products's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2024 )
=24.222/277.244
=8.74 %

* 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.


Ginegar Plastic Products EBIT Related Terms

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


Ginegar Plastic Products Business Description

Traded in Other Exchanges
N/A
Address
Kibbutz Ginegar, Ginegar, ISR, 30053
Ginegar Plastic Products Ltd is a manufacturer of smart covers solutions for agriculture and horticulture applications. It develops and produces greenhouses cover films and mulch films for open field cultivation. The company's products include Sun Selector, Mulch More, Ozgard, Superseal and five Layer Technology.

Ginegar Plastic Products Headlines

From GuruFocus

Gunther Grant Production Now in Nevada

By Marketwired Marketwired 04-11-2019