Mikro MSC Bhd (XKLS:0112) EBIT : RM28.85 Mil (TTM As of Dec. 2023)

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What is Mikro MSC Bhd EBIT?

Mikro MSC Bhd's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2023 was RM27.17 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was RM28.85 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Mikro MSC Bhd's annualized ROC % for the quarter that ended in Dec. 2023 was 43.33%. Mikro MSC Bhd's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 167.66%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Mikro MSC Bhd's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 12.03%.

Mikro MSC Bhd EBIT Historical Data

The historical data trend for Mikro MSC Bhd'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.

Mikro MSC Bhd EBIT Chart

Mikro MSC Bhd Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

EBIT

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5.43

4.84

6.56

6.86

5.44

Mikro MSC Bhd Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
EBIT	Get a 7-Day Free Trial															1.25	-0.94	2.08	0.55	27.17

Competitive Comparison of Mikro MSC Bhd's EBIT

For the Electrical Equipment & Parts subindustry, Mikro MSC Bhd'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.

Mikro MSC Bhd's EV-to-EBIT Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Mikro MSC Bhd's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Mikro MSC Bhd's EV-to-EBIT falls into.

Mikro MSC Bhd 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 quarterly data reported by the company within the most recent 12 months, which was RM28.85 Mil.

Mikro MSC Bhd (XKLS:0112) EBIT Explanation

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

Mikro MSC Bhd'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: Sep. 2023 )	+	Invested Capital (Q: Dec. 2023 ))	/ count )
=	99.46 * ( 1 - 1.85% )	/	( (178.323	+	272.27)	/ 2 )
=	97.61999	/	225.2965
=	43.33 %

where

	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	))
=	205.81	-	7.717	-	( 19.77	-	max(0, 8.683	-	71.255	+	19.77	))
=	178.323

	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	))
=	301.121	-	7.791	-	( 21.06	-	max(0, 8.596	-	71.909	+	21.06	))
=	272.27

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

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

Mikro MSC Bhd'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: Sep. 2023		Q: Dec. 2023
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	108.668	/	( ( (21.649 + max(43.768, 0))	+	(21.154 + max(43.059, 0)) )	/	2 )
=	108.668	/	( ( 65.417	+	64.213 )	/	2 )
=	108.668	/	64.815
=	167.66 %

where Working Capital is:

	Working Capital		(Q: Sep. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(20.499	+	26.194	+	4.792)	-	(7.717	+	0	+	0)
=	43.768

	Working Capital		(Q: Dec. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(20.423	+	25.682	+	4.744)	-	(7.791	+	0	+	-0.0010000000000012)
=	43.059

When net working capital is negative, 0 is used.

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

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

Mikro MSC Bhd's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Dec. 2023 )
	=	28.851	/	239.818
	=	12.03 %

Mikro MSC Bhd EBIT Related Terms

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Mikro MSC Bhd (XKLS:0112) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Mikro MSC Bhd (XKLS:0112) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 3, Jalan Anggerik Mokara, 31/48 Seksyen 31, Kota Kemuning, Shah Alam, SGR, MYS, 40460

Website

http://www.itmikro.com

Mikro MSC Bhd is engaged in the research, development, and design of analogue, digital and computer-controlled electronic systems or devices for use in electrical, electronic and other industries and provision of technical and maintenance services. The company offers products and services, including combined overcurrent and earth fault relays; overcurrent relays; earth fault relays; earth leakage relays; earth leakage system; metering solutions; voltage relays; reverse power relay; power factor regulator; annunciator; motor protection relay, and capacitor and reactor. Geographically, it derives a majority of revenue from Malaysia.

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