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Lanka Milk Foods (CWE) (COL:LMF.N0000) EBIT : රු3,160 Mil (TTM As of Dec. 2023)


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What is Lanka Milk Foods (CWE) EBIT?

Lanka Milk Foods (CWE)'s earnings before interest and taxes (EBIT) for the three months ended in Dec. 2023 was රු1,090 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was රු3,160 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Lanka Milk Foods (CWE)'s annualized ROC % for the quarter that ended in Dec. 2023 was 5.19%. Lanka Milk Foods (CWE)'s annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 39.22%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Lanka Milk Foods (CWE)'s Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 16.53%.


Lanka Milk Foods (CWE) EBIT Historical Data

The historical data trend for Lanka Milk Foods (CWE)'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.

Lanka Milk Foods (CWE) EBIT Chart

Lanka Milk Foods (CWE) Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13.84 541.22 936.37 1,176.78 2,316.51

Lanka Milk Foods (CWE) Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 592.58 281.89 560.03 1,228.73 1,089.74

Competitive Comparison of Lanka Milk Foods (CWE)'s EBIT

For the Packaged Foods subindustry, Lanka Milk Foods (CWE)'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.


Lanka Milk Foods (CWE)'s EV-to-EBIT Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Lanka Milk Foods (CWE)'s EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Lanka Milk Foods (CWE)'s EV-to-EBIT falls into.



Lanka Milk Foods (CWE) 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 quarterly data reported by the company within the most recent 12 months, which was රු3,160 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.


Lanka Milk Foods (CWE)  (COL:LMF.N0000) EBIT Explanation

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

Lanka Milk Foods (CWE)'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: Sep. 2023 ) + Invested Capital (Q: Dec. 2023 ))/ count )
=1492.6 * ( 1 - 2.97% )/( (27867.061 + 27972.384)/ 2 )
=1448.26978/27919.7225
=5.19 %

where

Invested Capital(Q: Sep. 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))
=29464.664 - 1272.052 - ( 325.551 - max(0, 5973.638 - 7137.393+325.551))
=27867.061

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))
=29629.858 - 1366.262 - ( 291.212 - max(0, 5692.84 - 6957.906+291.212))
=27972.384

Note: The Operating Income data used here is four times the quarterly (Dec. 2023) data.

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

Lanka Milk Foods (CWE)'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: Sep. 2023  Q: Dec. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=4358.956/( ( (5773.87 + max(5324.544, 0)) + (6121.609 + max(5009.434, 0)) )/ 2 )
=4358.956/( ( 11098.414 + 11131.043 )/ 2 )
=4358.956/11114.7285
=39.22 %

where Working Capital is:

Working Capital(Q: Sep. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1455.118 + 5132.073 + 9.4049999999997) - (1272.052 + 0 + 0)
=5324.544

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1839.196 + 4535.131 + 1.3689999999997) - (1366.262 + 0 + 0)
=5009.434

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Dec. 2023) EBIT data.

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

Lanka Milk Foods (CWE)'s Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2023 )
=3160.376/19121.316
=16.53 %

* 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.


Lanka Milk Foods (CWE) EBIT Related Terms

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Lanka Milk Foods (CWE) (COL:LMF.N0000) Business Description

Traded in Other Exchanges
N/A
Address
No. 579/1, Welisara, Ragama, LKA
Lanka Milk Foods (CWE) PLC is engaged in the business of importing, packing, manufacturing, marketing, and distributing milk allied products. The company's operating segment includes Powdered Milk; Liquid Milk and Others, Agriculture and Trading. It generates maximum revenue from the Liquid Milk and Others segment. The Liquid Milk and Others segment includes the operating chain of packing and selling of UHT products, Daily, Ambewela Farm Fresh Milk, and fruit juice.

Lanka Milk Foods (CWE) (COL:LMF.N0000) Headlines

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