3D Metal Forge (ASX:3MF) EBIT : A$ Mil (TTM As of Dec. 2021)

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What is 3D Metal Forge EBIT?

3D Metal Forge's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2021 was A$-2.96 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. 3D Metal Forge's annualized ROC % for the quarter that ended in Dec. 2021 was -137.64%. 3D Metal Forge's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2021 was -260.48%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield.

3D Metal Forge EBIT Historical Data

The historical data trend for 3D Metal Forge'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.

3D Metal Forge EBIT Chart

3D Metal Forge Annual Data

Trend

Dec21

EBIT

-4.95

3D Metal Forge Semi-Annual Data
	Jun21	Dec21
EBIT	-1.99	-2.96

Competitive Comparison of 3D Metal Forge's EBIT

For the Metal Fabrication subindustry, 3D Metal Forge'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.

3D Metal Forge's EV-to-EBIT Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, 3D Metal Forge's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where 3D Metal Forge's EV-to-EBIT falls into.

3D Metal Forge 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. 2021 adds up the semi-annually data reported by the company within the most recent 12 months, which was A$ Mil.

3D Metal Forge (ASX:3MF) EBIT Explanation

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

3D Metal Forge's annualized ROC % for the quarter that ended in Dec. 2021 is calculated as:

	ROC % (Q: Dec. 2021 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Jun. 2021 )	+	Invested Capital (Q: Dec. 2021 ))	/ count )
=	-6.282 * ( 1 - 0% )	/	( (4.305	+	4.823)	/ 2 )
=	-6.282	/	4.564
=	-137.64 %

where

	Invested Capital		(Q: Jun. 2021 )
=	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	))
=	9.556	-	1.596	-	( 6.101	-	max(0, 3.043	-	6.698	+	6.101	))
=	4.305

	Invested Capital		(Q: Dec. 2021 )
=	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	))
=	6.98	-	1.693	-	( 2.763	-	max(0, 3.537	-	4.001	+	2.763	))
=	4.823

Note: The Operating Income data used here is two times the semi-annual (Dec. 2021) data.

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

3D Metal Forge's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2021 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Dec. 2021 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Jun. 2021		Q: Dec. 2021
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	-5.922	/	( ( (2.15 + max(-0.999, 0))	+	(2.397 + max(-0.63, 0)) )	/	2 )
=	-5.922	/	( ( 2.15	+	2.397 )	/	2 )
=	-5.922	/	2.2735
=	-260.48 %

where Working Capital is:

	Working Capital		(Q: Jun. 2021 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0.246	+	0.088	+	0.263)	-	(1.596	+	0	+	0)
=	-0.999

	Working Capital		(Q: Dec. 2021 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0.428	+	0.308	+	0.328)	-	(1.693	+	0	+	0.00099999999999989)
=	-0.63

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Dec. 2021) EBIT data.

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

3D Metal Forge's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Dec. 2021 )
	=		/	4.907
	=	%

3D Metal Forge EBIT Related Terms

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3D Metal Forge (ASX:3MF) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » 3D Metal Forge Ltd (ASX:3MF) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

N/A

Address

16 Ord Street, Ground Floor, West Perth, Perth, WA, AUS, 6005

Website

https://www.3dmetalforge.com

3D Metal Forge Ltd is engaged in the business of providing 3D metal printing solutions and services. Also, the company provides diagnostic analysis, design services, client facility operation, and training services. Its geographical segments include Australia; Singapore and United States. The company generates maximum revenue from Singapore.

3D Metal Forge (ASX:3MF) Headlines

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