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Forth Smart Service PCL (BKK:FSMART) EBIT : ฿376 Mil (TTM As of Dec. 2023)


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What is Forth Smart Service PCL EBIT?

Forth Smart Service PCL's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2023 was ฿97 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was ฿376 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Forth Smart Service PCL's annualized ROC % for the quarter that ended in Dec. 2023 was 15.29%. Forth Smart Service PCL's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 56.52%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Forth Smart Service PCL's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 8.00%.


Forth Smart Service PCL EBIT Historical Data

The historical data trend for Forth Smart Service 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.

Forth Smart Service PCL EBIT Chart

Forth Smart Service 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 702.29 543.81 502.78 382.25 374.46

Forth Smart Service PCL 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 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 67.90 98.41 92.88 87.52 96.84

Competitive Comparison of Forth Smart Service PCL's EBIT

For the Telecom Services subindustry, Forth Smart Service 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.


Forth Smart Service PCL's EV-to-EBIT Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Forth Smart Service PCL's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Forth Smart Service PCL's EV-to-EBIT falls into.



Forth Smart Service 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 Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was ฿376 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.


Forth Smart Service PCL  (BKK:FSMART) EBIT Explanation

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

Forth Smart Service PCL'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 )
=296.08 * ( 1 - 15.83% )/( (1681.638 + 1578.209)/ 2 )
=249.210536/1629.9235
=15.29 %

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))
=2627.244 - 1120.782 - ( 184.01 - max(0, 1432.923 - 1257.747+184.01))
=1681.638

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))
=2737.321 - 1200.366 - ( 194.033 - max(0, 1463.411 - 1422.157+194.033))
=1578.209

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

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

Forth Smart Service PCL'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 )
=387.344/( ( (718.884 + max(-918.857, 0)) + (651.673 + max(-1021.378, 0)) )/ 2 )
=387.344/( ( 718.884 + 651.673 )/ 2 )
=387.344/685.2785
=56.52 %

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)
=(0 + 40.141 + 186.897) - (1120.782 + 1.899 + 23.214)
=-918.857

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 44.506 + 159.063) - (1200.366 + 2.349 + 22.232)
=-1021.378

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:

Forth Smart Service PCL's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2023 )
=375.646/4697.606
=8.00 %

* 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.


Forth Smart Service PCL EBIT Related Terms

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Forth Smart Service PCL (BKK:FSMART) Business Description

Traded in Other Exchanges
N/A
Address
256 Paholyothin Road, Samsennai, Phayathai, Bangkok, THA, 10400
Forth Smart Service PCL is engaged in the rendering of top-up service for prepaid phones, receipt of other online services and advertising services through online top-up machines. The company's geographical area of operations is in Thailand.

Forth Smart Service PCL (BKK:FSMART) Headlines

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