GURUFOCUS.COM » STOCK LIST » Technology » Hardware » GMT Global Inc (ROCO:4573) » Definitions » EBIT

GMT Global (ROCO:4573) EBIT : NT$-88.7 Mil (TTM As of Dec. 2023)


View and export this data going back to 2018. Start your Free Trial

What is GMT Global EBIT?

GMT Global's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2023 was NT$-18.1 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was NT$-88.7 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. GMT Global's annualized ROC % for the quarter that ended in Dec. 2023 was -7.54%. GMT Global's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -2.65%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. GMT Global's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -3.93%.

GMT Global EBIT Historical Data

The historical data trend for GMT Global'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.

GMT Global EBIT Chart

GMT Global Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EBIT
Get a 7-Day Free Trial Premium Member Only -85.30 29.84 -19.80 -15.28 -88.66

GMT Global Semi-Annual Data
Dec15 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 -34.53 4.62 -19.90 -70.52 -18.14

Competitive Comparison of GMT Global's EBIT

For the Electronic Components subindustry, GMT Global'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.

GMT Global's EV-to-EBIT Distribution in the Hardware Industry

For the Hardware industry and Technology sector, GMT Global's EV-to-EBIT distribution charts can be found below:

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


GMT Global 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 NT$-88.7 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.

GMT Global  (ROCO:4573) EBIT Explanation

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

GMT Global'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 )
=-124.172 * ( 1 - 9.53% )/( (1554.809 + 1425.391)/ 2 )
=-112.3384084/1490.1
=-7.54 %

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))
=1741.882 - 103.545 - ( 83.528 - max(0, 288.383 - 651.208+83.528))
=1554.809

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))
=1579.965 - 113.682 - ( 40.892 - max(0, 245.059 - 618.994+40.892))
=1425.391

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:

GMT Global'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 )
=-36.286/( ( (1042.788 + max(369.859, 0)) + (917.471 + max(410.886, 0)) )/ 2 )
=-36.286/( ( 1412.647 + 1328.357 )/ 2 )
=-36.286/1370.502
=-2.65 %

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)
=(76.805 + 440.695 + 14.275) - (103.545 + 0 + 58.371)
=369.859

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(109.901 + 423.681 + 7.355) - (113.682 + 0 + 16.369)
=410.886

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2023 )
=-88.663/2258.067
=-3.93 %

* 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.

GMT Global EBIT Related Terms

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

GMT Global (ROCO:4573) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Hardware » GMT Global Inc (ROCO:4573) » Definitions » EBIT
Comparable Companies
TPE:9912 ROCO:6512 ROCO:5254 ROCO:6246 TPE:2443 ROCO:6818 ROCO:3115 ROCO:5251 ROCO:4554 ROCO:5487 APH TPE:2317 TEL SZSE:002475 TSE:6981 TPE:2308 GLW XKRX:006400 SZSE:000725 JBL
Traded in Other Exchanges
N/A
Address
No. 357, Section 1, Yaofeng Road, Puxin Township, Changhua County, Changhua, TWN, 50442
Website
https://www.gmtlinear.com
GMT Global Inc is engaged in the manufacturing of the precision die, precision dies sets and mold components. The company also helps in the fields of biomedical genetic engineering, precision optical engineering, MEMS manufacturing and other fields with the manufacturing of positioning stage elements. Its products profile include Actuators, Electric Gripper, Linear Cylinder, Optical Table, Hi-resolution stage, and others.

GMT Global (ROCO:4573) Headlines

No Headlines