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Flomic Global Logistics (BOM:504380) EBIT : ₹117 Mil (TTM As of Mar. 2024)


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What is Flomic Global Logistics EBIT?

Flomic Global Logistics's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was ₹49 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was ₹117 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Flomic Global Logistics's annualized ROC % for the quarter that ended in Mar. 2024 was 7.21%. Flomic Global Logistics's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 16.34%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Flomic Global Logistics's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 5.26%.


Flomic Global Logistics EBIT Historical Data

The historical data trend for Flomic Global Logistics'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.

Flomic Global Logistics EBIT Chart

Flomic Global Logistics Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 23.86 67.33 187.85 211.55 116.82

Flomic Global Logistics Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 32.71 32.22 -2.59 38.44 48.74

Competitive Comparison of Flomic Global Logistics's EBIT

For the Integrated Freight & Logistics subindustry, Flomic Global Logistics'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.


Flomic Global Logistics's EV-to-EBIT Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Flomic Global Logistics's EV-to-EBIT distribution charts can be found below:

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



Flomic Global Logistics 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 ₹117 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.


Flomic Global Logistics  (BOM:504380) EBIT Explanation

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

Flomic Global Logistics'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 )
=170.74 * ( 1 - 29.32% )/( (0 + 1673.9)/ 1 )
=120.679032/1673.9
=7.21 %

where

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))
=2021.806 - 296.502 - ( 221.182 - max(0, 965.457 - 1016.861+221.182))
=1673.9

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

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

Flomic Global Logistics'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 )
=194.968/( ( (0 + max(0, 0)) + (819.281 + max(373.821, 0)) )/ 1 )
=194.968/( ( 0 + 1193.102 )/ 1 )
=194.968/1193.102
=16.34 %

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 + 0) - (0 + 0 + 0)
=0

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(671.05 + 0 + 124.629) - (296.502 + 0 + 125.356)
=373.821

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:

Flomic Global Logistics's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=116.818/2220.347
=5.26 %

* 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.


Flomic Global Logistics EBIT Related Terms

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Flomic Global Logistics (BOM:504380) Business Description

Traded in Other Exchanges
N/A
Address
205, Off Nehru Road, Enterprise Centre, Beside Orchid Hote, Vile Parle (East), Mumbai, MH, IND, 400099
Flomic Global Logistics Ltd operates in the multi-cargo, multi-surface logistics business. It offers various logistics services including freight forwarding, customs brokerage, warehousing, cross trades and transportation services. The company has only one business segment namely, Freight forwarding and Custom House Agent.

Flomic Global Logistics (BOM:504380) Headlines

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