Industrias BachocoB de CV (Industrias BachocoB de CV) EBIT : $430 Mil (TTM As of Sep. 2023)

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What is Industrias BachocoB de CV EBIT?

Industrias BachocoB de CV's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2023 was $149 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2023 was $430 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Industrias BachocoB de CV's annualized ROC % for the quarter that ended in Sep. 2023 was 14.49%. Industrias BachocoB de CV's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2023 was 27.81%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Industrias BachocoB de CV's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2023 was 19.19%.

Industrias BachocoB de CV EBIT Historical Data

The historical data trend for Industrias BachocoB de CV'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.

Industrias BachocoB de CV EBIT Chart

Industrias BachocoB de CV Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

EBIT

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256.41

278.73

271.29

335.27

427.92

Industrias BachocoB de CV Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
EBIT	Get a 7-Day Free Trial															69.93	12.22	112.69	156.64	148.86

Competitive Comparison of Industrias BachocoB de CV's EBIT

For the Farm Products subindustry, Industrias BachocoB de CV'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.

Industrias BachocoB de CV's EV-to-EBIT Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Industrias BachocoB de CV's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Industrias BachocoB de CV's EV-to-EBIT falls into.

Industrias BachocoB de CV 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 Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $430 Mil.

Industrias BachocoB de CV (OTCPK:IDBHF) EBIT Explanation

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

Industrias BachocoB de CV's annualized ROC % for the quarter that ended in Sep. 2023 is calculated as:

	ROC % (Q: Sep. 2023 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Jun. 2023 )	+	Invested Capital (Q: Sep. 2023 ))	/ count )
=	506.828 * ( 1 - 25.99% )	/	( (2448.509	+	2727.928)	/ 2 )
=	375.1034028	/	2588.2185
=	14.49 %

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	))
=	4243.334	-	591.353	-	( 1203.472	-	max(0, 695.717	-	2328.333	+	1203.472	))
=	2448.509

	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	))
=	4474.761	-	646.694	-	( 1100.139	-	max(0, 816.085	-	2384.611	+	1100.139	))
=	2727.928

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

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

Industrias BachocoB de CV's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2023 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Sep. 2023 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Jun. 2023		Q: Sep. 2023
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	595.424	/	( ( (1478.368 + max(533.508, 0))	+	(1632.928 + max(637.778, 0)) )	/	2 )
=	595.424	/	( ( 2011.876	+	2270.706 )	/	2 )
=	595.424	/	2141.291
=	27.81 %

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)
=	(330.415	+	647.507	+	146.939)	-	(591.353	+	0	+	0)
=	533.508

	Working Capital		(Q: Sep. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(382.068	+	746.775	+	155.629)	-	(646.694	+	0	+	1.1368683772162E-13)
=	637.778

When net working capital is negative, 0 is used.

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

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

Industrias BachocoB de CV's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Sep. 2023 )
	=	430.403	/	2242.665
	=	19.19 %

Industrias BachocoB de CV EBIT Related Terms

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Industrias BachocoB de CV (Industrias BachocoB de CV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Industrias Bachoco SAB de CV (OTCPK:IDBHF) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

BACHOCOB:Mexico

Address

Avenida Tecnologico 401, Ciudad Industrial, Celaya, GTO, MEX, 38010

Website

https://www.bachoco.com.mx

Industrias Bachoco SAB de CV produces, processes, markets, and sells poultry (chicken and eggs) in both Mexico and the United States. Additionally, it sells feed, swine, beef, turkey, and other products on a smaller scale. The company's poultry business begins with purchasing infant birds and raising the birds to maturity. Industrias Bachoco operates its own feed mills to produce balanced feed for internal use, and to sell to third parties. Several production facilities and distribution centers are located throughout Mexico and the United States to minimize transportation costs, and the company sells through wholesalers, supermarkets, retail, and other niche marketing channels. It generates the majority of its revenue from the Poultry segment.