Metro Pacific Tollways (PHS:TOL) EBIT : ₱2,395.78 Mil (TTM As of Mar. 2012)

View and export this data going back to . Start your Free Trial

What is Metro Pacific Tollways EBIT?

Metro Pacific Tollways's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2012 was ₱719.44 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2012 was ₱2,395.78 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Metro Pacific Tollways's annualized ROC % for the quarter that ended in Mar. 2012 was 11.85%. Metro Pacific Tollways's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2012 was 2,152.53%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Metro Pacific Tollways's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2012 was 6.61%.

Metro Pacific Tollways EBIT Historical Data

The historical data trend for Metro Pacific Tollways'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.

Metro Pacific Tollways EBIT Chart

Metro Pacific Tollways Annual Data

Trend

Dec10

Dec11

EBIT

1,557.72

1,918.21

Metro Pacific Tollways Quarterly Data
	Dec10	Mar11	Jun11	Sep11	Dec11	Mar12
EBIT	Get a 7-Day Free Trial			624.24	431.75	965.21	279.39	719.44

Competitive Comparison of Metro Pacific Tollways's EBIT

For the Engineering & Construction subindustry, Metro Pacific Tollways'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.

Metro Pacific Tollways's EV-to-EBIT Distribution in the Construction Industry

For the Construction industry and Industrials sector, Metro Pacific Tollways's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Metro Pacific Tollways's EV-to-EBIT falls into.

Metro Pacific Tollways 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. 2012 adds up the quarterly data reported by the company within the most recent 12 months, which was ₱2,395.78 Mil.

Metro Pacific Tollways (PHS:TOL) EBIT Explanation

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

Metro Pacific Tollways's annualized ROC % for the quarter that ended in Mar. 2012 is calculated as:

	ROC % (Q: Mar. 2012 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Dec. 2011 )	+	Invested Capital (Q: Mar. 2012 ))	/ count )
=	2877.752 * ( 1 - 29.05% )	/	( (17279.531	+	17169.145)	/ 2 )
=	2041.765044	/	17224.338
=	11.85 %

where

	Invested Capital		(Q: Dec. 2011 )
=	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	))
=	19479.103	-	1169.204	-	( 1653.54	-	max(0, 1574.067	-	2604.435	+	1653.54	))
=	17279.531

	Invested Capital		(Q: Mar. 2012 )
=	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	))
=	20216.041	-	2248.06	-	( 2484.315	-	max(0, 2615.796	-	3414.632	+	2484.315	))
=	17169.145

Note: The Operating Income data used here is four times the quarterly (Mar. 2012) data.

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

Metro Pacific Tollways's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2012 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Mar. 2012 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Dec. 2011		Q: Mar. 2012
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	2877.752	/	( ( (136.364 + max(-623.172, 0))	+	(131.019 + max(-1685.479, 0)) )	/	2 )
=	2877.752	/	( ( 136.364	+	131.019 )	/	2 )
=	2877.752	/	133.6915
=	2,152.53 %

where Working Capital is:

	Working Capital		(Q: Dec. 2011 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0	+	55.26	+	895.635)	-	(1169.204	+	0	+	404.863)
=	-623.172

	Working Capital		(Q: Mar. 2012 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0	+	53.904	+	876.413)	-	(2248.06	+	0	+	367.736)
=	-1685.479

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2012) EBIT data.

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

Metro Pacific Tollways's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Mar. 2012 )
	=	2395.778	/	36228.373
	=	6.61 %

Metro Pacific Tollways EBIT Related Terms

Thank you for viewing the detailed overview of Metro Pacific Tollways's EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.