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Park Lawn (TSX:PLC) EBIT : C$14.3 Mil (TTM As of Mar. 2024)


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What is Park Lawn EBIT?

Park Lawn's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was C$15.4 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was C$14.3 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Park Lawn's annualized ROC % for the quarter that ended in Mar. 2024 was 2.34%. Park Lawn's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 15.99%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Park Lawn's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 1.19%.


Park Lawn EBIT Historical Data

The historical data trend for Park Lawn'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.

Park Lawn EBIT Chart

Park Lawn 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 15.57 39.11 58.88 59.14 13.28

Park Lawn 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 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 14.35 11.33 12.88 -25.23 15.35

Competitive Comparison of Park Lawn's EBIT

For the Personal Services subindustry, Park Lawn'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.


Park Lawn's EV-to-EBIT Distribution in the Personal Services Industry

For the Personal Services industry and Consumer Cyclical sector, Park Lawn's EV-to-EBIT distribution charts can be found below:

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



Park Lawn 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$14.3 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.


Park Lawn  (TSX:PLC) EBIT Explanation

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

Park Lawn'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 )
=53.18 * ( 1 - 27.82% )/( (1629.498 + 1654.045)/ 2 )
=38.385324/1641.7715
=2.34 %

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))
=1706.239 - 53.012 - ( 23.729 - max(0, 61.039 - 103.767+23.729))
=1629.498

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))
=1724.075 - 46.074 - ( 23.956 - max(0, 51.624 - 100.089+23.956))
=1654.045

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

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

Park Lawn'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 )
=61.404/( ( (376.658 + max(3.765, 0)) + (380.586 + max(7.26, 0)) )/ 2 )
=61.404/( ( 380.423 + 387.846 )/ 2 )
=61.404/384.1345
=15.99 %

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)
=(36.859 + 13.99 + 5.928) - (53.012 + 0 + 0)
=3.765

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(35.356 + 14.038 + 3.942) - (46.074 + 0 + 0.0020000000000024)
=7.26

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:

Park Lawn's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=14.334/1201.874
=1.19 %

* 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.


Park Lawn EBIT Related Terms

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Park Lawn Business Description

Traded in Other Exchanges
N/A
Address
2 Saint Clair Avenue West, Suite 705, Toronto, ON, CAN, M4T 2T5
Park Lawn Corp provides goods and services associated with the disposition and memorialization of remains in Canada and the United States. The company owns and operates cemeteries, crematoriums, funeral homes, and funeral services business. The company generates revenue from the sale of cemetery property interment rights, cemetery services and merchandise sales, and funeral services and merchandise sales. It operates in the United States and Canada, of which key revenue is generated from the United States.
Executives
Deborah Wallis Robinson Director
William Clark Harlow Senior Officer
Lorie Jane Johnson Senior Officer
Jeffrey Scott Parker Senior Officer
Linda Gilbert Senior Officer
Jennifer Wiers Hay Senior Officer
Amy Leanne Freedman Director
Marilyn Anne Brophy Director
James Bradley Green Director, Senior Officer
Daniel Millett Senior Officer
Jay Dallas Dodds Director, Senior Officer
Paul G. Smith Director
James Deloney Jr. Price Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6)
William John Ward Director
Steven Robert Scott Director

Park Lawn Headlines