Singapore Technologies Engineering (Singapore Technologies Engineering) EBIT : $702 Mil (TTM As of Dec. 2023)

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What is Singapore Technologies Engineering EBIT?

Singapore Technologies Engineering's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2023 was $356 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was $702 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Singapore Technologies Engineering's annualized ROC % for the quarter that ended in Dec. 2023 was 5.38%. Singapore Technologies Engineering's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 34.60%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Singapore Technologies Engineering's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 5.14%.

Singapore Technologies Engineering EBIT Historical Data

The historical data trend for Singapore Technologies Engineering'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.

Singapore Technologies Engineering EBIT Chart

Singapore Technologies Engineering Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

EBIT

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545.52

438.30

500.70

543.55

705.68

Singapore Technologies Engineering Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
EBIT	Get a 7-Day Free Trial															234.96	282.97	253.80	345.81	356.21

Competitive Comparison of Singapore Technologies Engineering's EBIT

For the Aerospace & Defense subindustry, Singapore Technologies Engineering'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.

Singapore Technologies Engineering's EV-to-EBIT Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Singapore Technologies Engineering's EV-to-EBIT distribution charts can be found below:

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

Singapore Technologies Engineering 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 semi-annually data reported by the company within the most recent 12 months, which was $702 Mil.

Singapore Technologies Engineering (OTCPK:SGGKY) EBIT Explanation

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

Singapore Technologies Engineering'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: Jun. 2023 )	+	Invested Capital (Q: Dec. 2023 ))	/ count )
=	587.632 * ( 1 - 9.57% )	/	( (10107.2	+	9658.598)	/ 2 )
=	531.3956176	/	9882.899
=	5.38 %

where

	Invested Capital		(Q: Jun. 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	))
=	11213.287	-	2065.083	-	( 287.587	-	max(0, 5477.179	-	4518.183	+	287.587	))
=	10107.2

	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	))
=	11544.855	-	2406.158	-	( 265.248	-	max(0, 5496.853	-	4976.952	+	265.248	))
=	9658.598

Note: The Operating Income data used here is two times the semi-annual (Dec. 2023) data.

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

Singapore Technologies Engineering'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: Jun. 2023		Q: Dec. 2023
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	712.42	/	( ( (2071.022 + max(-1338.611, 0))	+	(2047.382 + max(-939.398, 0)) )	/	2 )
=	712.42	/	( ( 2071.022	+	2047.382 )	/	2 )
=	712.42	/	2059.202
=	34.60 %

where Working Capital is:

	Working Capital		(Q: Jun. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(892.816	+	1279.193	+	27.826)	-	(2065.083	+	0	+	1473.363)
=	-1338.611

	Working Capital		(Q: Dec. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(1187.044	+	1424.273	+	21.612000000001)	-	(2406.158	+	0	+	1166.169)
=	-939.398

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Dec. 2023) EBIT data.

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

Singapore Technologies Engineering's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Dec. 2023 )
	=	702.023	/	13665.044
	=	5.14 %

Singapore Technologies Engineering EBIT Related Terms

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Singapore Technologies Engineering (Singapore Technologies Engineering) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Singapore Technologies Engineering Ltd (OTCPK:SGGKY) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

SGGKF:USA S63:Singapore SJX:Germany

Address

1 Ang Mo Kio Electronics Park Road, No. 07-01, ST Engineering Hub, Singapore, SGP, 567710

Website

https://www.stengg.com

Singapore Technologies Engineering is a Singaporean government-linked commercial and defense engineering group. Its key businesses include aircraft maintenance, repair and overhaul services, in which it is the world's largest independent third-party provider. The company's fastest-growing activities involve applications to smart city solutions where it provides tolling solutions, traffic control systems, command and control dashboards, cybersecurity tools, and other related components. Around two thirds of the company's revenue comes from commercial clients while the remainder is defense.