Foresta Group Holdings (ASX:FGH) EBIT : A$-5.26 Mil (TTM As of Dec. 2023)

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What is Foresta Group Holdings EBIT?

Foresta Group Holdings's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2023 was A$-2.27 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was A$-5.26 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Foresta Group Holdings's annualized ROC % for the quarter that ended in Dec. 2023 was -49.46%. Foresta Group Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -56.45%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Foresta Group Holdings's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -16.79%.

Foresta Group Holdings EBIT Historical Data

The historical data trend for Foresta Group Holdings'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.

Foresta Group Holdings EBIT Chart

Foresta Group Holdings Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

EBIT

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-6.53

-0.84

-8.93

-5.38

-7.85

Foresta Group Holdings 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															-4.11	-1.28	-4.87	-2.98	-2.27

Competitive Comparison of Foresta Group Holdings's EBIT

For the Specialty Chemicals subindustry, Foresta Group Holdings'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.

Foresta Group Holdings's EV-to-EBIT Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Foresta Group Holdings's EV-to-EBIT distribution charts can be found below:

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

Foresta Group Holdings 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 A$-5.26 Mil.

Foresta Group Holdings (ASX:FGH) EBIT Explanation

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

Foresta Group Holdings'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 )
=	-4.52 * ( 1 - 0% )	/	( (9.119	+	9.158)	/ 2 )
=	-4.52	/	9.1385
=	-49.46 %

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	))
=	10.926	-	0.361	-	( 1.446	-	max(0, 1.444	-	3.367	+	1.446	))
=	9.119

	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	))
=	10.374	-	0.335	-	( 0.881	-	max(0, 1.067	-	2.656	+	0.881	))
=	9.158

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:

Foresta Group Holdings'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 )
=	-4.546	/	( ( (7.42 + max(0.121, 0))	+	(7.68 + max(0.886, 0)) )	/	2 )
=	-4.546	/	( ( 7.541	+	8.566 )	/	2 )
=	-4.546	/	8.0535
=	-56.45 %

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)
=	(0.022	+	0.034	+	1.355)	-	(0.361	+	0	+	0.929)
=	0.121

	Working Capital		(Q: Dec. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0.497	+	0.003	+	1.275)	-	(0.335	+	0	+	0.554)
=	0.886

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:

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

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Dec. 2023 )
	=	-5.255	/	31.301
	=	-16.79 %

Foresta Group Holdings EBIT Related Terms

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Foresta Group Holdings (ASX:FGH) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Foresta Group Holdings Ltd (ASX:FGH) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

N/A

Address

Unit 10/12 Kelly Court, Maryborough, QLD, AUS, 4650

Website

https://www.leafresources.com.au

Foresta Group Holdings Ltd is engaged in research and development of environmentally sustainable methods of extracting wood chemicals on an industrial level. The company has one operating segment, namely, the Commercialization of Technology and Development. The products of the company involve; Natural Wood turpentine, Natural Wood Rosin and Wood Pellets. The company generates its maximum revenue from Woodchips.