GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Mewah International Inc (SGX:MV4) » Definitions » EBIT

Mewah International (SGX:MV4) EBIT : S$110 Mil (TTM As of Dec. 2023)


View and export this data going back to 2010. Start your Free Trial

What is Mewah International EBIT?

Mewah International's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2023 was S$75 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was S$110 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Mewah International's annualized ROC % for the quarter that ended in Dec. 2023 was 6.10%. Mewah International's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 10.90%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Mewah International's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 14.07%.


Mewah International EBIT Historical Data

The historical data trend for Mewah International'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.

Mewah International EBIT Chart

Mewah International Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 24.71 161.59 162.91 217.86 109.85

Mewah International Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only 112.99 29.01 189.54 35.45 74.78

Competitive Comparison of Mewah International's EBIT

For the Packaged Foods subindustry, Mewah International'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.


Mewah International's EV-to-EBIT Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Mewah International's EV-to-EBIT distribution charts can be found below:

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



Mewah International 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 S$110 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.


Mewah International  (SGX:MV4) EBIT Explanation

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

Mewah International'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 )
=140.078 * ( 1 - 32.04% )/( (1530.749 + 1588.869)/ 2 )
=95.1970088/1559.809
=6.10 %

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))
=1954.487 - 255.52 - ( 168.218 - max(0, 742.902 - 1333.111+168.218))
=1530.749

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))
=1984.287 - 219.685 - ( 175.733 - max(0, 743.189 - 1329.589+175.733))
=1588.869

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:

Mewah International'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 )
=149.552/( ( (609.091 + max(728.856, 0)) + (646.066 + max(759.415, 0)) )/ 2 )
=149.552/( ( 1337.947 + 1405.481 )/ 2 )
=149.552/1371.714
=10.90 %

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)
=(527.273 + 471.299 + 74.734) - (255.52 + 0 + 88.93)
=728.856

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(405.446 + 580.752 + 131.697) - (219.685 + 0 + 138.795)
=759.415

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:

Mewah International's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2023 )
=110.221/783.197
=14.07 %

* 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.


Mewah International EBIT Related Terms

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


Mewah International (SGX:MV4) Business Description

Traded in Other Exchanges
N/A
Address
5 International Business Park, No. 05-00, Mewah Building, Singapore, SGP, 609914
Mewah International Inc is an investment holding company. It operates in two segments: The Bulk segment, which generates the majority of the revenue, and the Consumer pack. The Bulk segment manufactures and sells edible oils and specialty fats & oils. The consumer pack segment manufactures and sells edible oils and bakery fats, and rice to consumers in packaged form. Its geographical segments are Malaysia, Singapore, the Rest of Asia, Africa, the Middle East, Europe, Pacific Oceania, and America, Out of which the majority is from Malaysia.

Mewah International (SGX:MV4) Headlines

No Headlines