Fab-Form Industries (TSXV:FBF) EBIT : C$1.30 Mil (TTM As of Mar. 2024)

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What is Fab-Form Industries EBIT?

Fab-Form Industries's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was C$0.12 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was C$1.30 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Fab-Form Industries's annualized ROC % for the quarter that ended in Mar. 2024 was 10.27%. Fab-Form Industries's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 35.47%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Fab-Form Industries's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 9.73%.

Fab-Form Industries EBIT Historical Data

The historical data trend for Fab-Form Industries'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.

Fab-Form Industries EBIT Chart

Fab-Form Industries Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

EBIT

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0.41

0.45

0.30

1.05

1.73

Fab-Form Industries Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
EBIT	Get a 7-Day Free Trial															0.13	0.54	0.49	0.15	0.12

Competitive Comparison of Fab-Form Industries's EBIT

For the Building Materials subindustry, Fab-Form Industries'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.

Fab-Form Industries's EV-to-EBIT Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Fab-Form Industries's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Fab-Form Industries's EV-to-EBIT falls into.

Fab-Form Industries 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. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$1.30 Mil.

Fab-Form Industries (TSXV:FBF) EBIT Explanation

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

Fab-Form Industries's annualized ROC % for the quarter that ended in Mar. 2024 is calculated as:

	ROC % (Q: Mar. 2024 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Dec. 2023 )	+	Invested Capital (Q: Mar. 2024 ))	/ count )
=	0.232 * ( 1 - 29.17% )	/	( (1.595	+	1.604)	/ 2 )
=	0.1643256	/	1.5995
=	10.27 %

where

	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	))
=	5.671	-	0.319	-	( 3.757	-	max(0, 0.435	-	4.972	+	3.757	))
=	1.595

	Invested Capital		(Q: Mar. 2024 )
=	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	))
=	5.848	-	0.44	-	( 3.804	-	max(0, 0.557	-	5.157	+	3.804	))
=	1.604

Note: The Operating Income data used here is four times the quarterly (Mar. 2024) data.

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

Fab-Form Industries's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Mar. 2024 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Dec. 2023		Q: Mar. 2024
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	0.488	/	( ( (0.473 + max(0.896, 0))	+	(0.47 + max(0.913, 0)) )	/	2 )
=	0.488	/	( ( 1.369	+	1.383 )	/	2 )
=	0.488	/	1.376
=	35.47 %

where Working Capital is:

	Working Capital		(Q: Dec. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0.541	+	0.675	+	-0.0010000000000003)	-	(0.319	+	0	+	0)
=	0.896

	Working Capital		(Q: Mar. 2024 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0.598	+	0.755	+	0)	-	(0.44	+	0	+	0)
=	0.913

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2024) EBIT data.

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

Fab-Form Industries's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Mar. 2024 )
	=	1.298	/	13.338
	=	9.73 %

Fab-Form Industries EBIT Related Terms

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Fab-Form Industries (TSXV:FBF) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Fab-Form Industries Ltd (TSXV:FBF) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

FABFF:USA

Address

1610 Derwent Way, Unit 19, Delta, BC, CAN, V3M 6W1

Website

https://www.fab-form.com

Fab-Form Industries Ltd is a Canadian based company that develops, manufactures and distributes proprietary technology to form concrete footings, columns, foundations and walls for building structures. The company also distributes Helix micro rebar into the BC market and Nudura insulating concrete form into the Lower Mainland of BC market.

Executives

Nigel Peter Protter

Director

Fab-Form Industries (TSXV:FBF) Headlines

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