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2S Metal PCL (BKK:2S) EBIT : ฿123 Mil (TTM As of Mar. 2024)


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What is 2S Metal PCL EBIT?

2S Metal PCL's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was ฿60 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was ฿123 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. 2S Metal PCL's annualized ROC % for the quarter that ended in Mar. 2024 was 9.31%. 2S Metal PCL's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 13.79%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. 2S Metal PCL's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 8.65%.


2S Metal PCL EBIT Historical Data

The historical data trend for 2S Metal PCL'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.

2S Metal PCL EBIT Chart

2S Metal PCL 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 169.90 491.97 926.40 -123.12 166.35

2S Metal PCL 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 104.26 6.06 36.43 19.61 60.40

Competitive Comparison of 2S Metal PCL's EBIT

For the Steel subindustry, 2S Metal PCL'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.


2S Metal PCL's EV-to-EBIT Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, 2S Metal PCL's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where 2S Metal PCL's EV-to-EBIT falls into.



2S Metal PCL 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 ฿123 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.


2S Metal PCL  (BKK:2S) EBIT Explanation

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

2S Metal PCL'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 )
=205.928 * ( 1 - 18.93% )/( (1731.582 + 1855.126)/ 2 )
=166.9458296/1793.354
=9.31 %

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))
=2180.285 - 106.81 - ( 341.893 - max(0, 134.025 - 1534.444+341.893))
=1731.582

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))
=2400.035 - 270.777 - ( 274.132 - max(0, 303.942 - 1729.832+274.132))
=1855.126

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

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

2S Metal PCL'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 )
=241.616/( ( (641.125 + max(1050.469, 0)) + (665.649 + max(1146.608, 0)) )/ 2 )
=241.616/( ( 1691.594 + 1812.257 )/ 2 )
=241.616/1751.9255
=13.79 %

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)
=(338.783 + 809.676 + 34.454) - (106.81 + 0 + 25.634)
=1050.469

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(489.576 + 921.097 + 38.28) - (270.777 + 0 + 31.568)
=1146.608

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:

2S Metal PCL's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=122.502/1415.998
=8.65 %

* 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.


2S Metal PCL EBIT Related Terms

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2S Metal PCL (BKK:2S) Business Description

Traded in Other Exchanges
N/A
Address
8/5 Moo 14, Tambon Thachang, Amphur Bangklam, Songkhla, THA, 90110
2S Metal PCL is engaged in the manufacture, distribution, and trade of steel products. The company trade-in includes Steel, Steel pipes, Steel plate, Light lip channel, and Steel wire mesh. It has two operating segments, namely Production and distribution of steel products and Trading of steel products including raw material. The company generates a majority of its revenue from the Production and distribution of steel products segment.

2S Metal PCL (BKK:2S) Headlines

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