SAF Special Steel PCL (BKK:SAF) EBIT : ฿5.8 Mil (TTM As of Mar. 2024)

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What is SAF Special Steel PCL EBIT?

SAF Special Steel PCL's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was ฿0.9 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was ฿5.8 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. SAF Special Steel PCL's annualized ROC % for the quarter that ended in Mar. 2024 was 0.59%. SAF Special Steel PCL's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 1.07%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. SAF Special Steel PCL's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 1.83%.

SAF Special Steel PCL EBIT Historical Data

The historical data trend for SAF Special Steel 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.

SAF Special Steel PCL EBIT Chart

SAF Special Steel PCL Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

EBIT

8.77

22.83

17.92

6.32

SAF Special Steel PCL Quarterly Data
	Dec20	Sep21	Dec21	Mar22	Sep22	Dec22	Mar23	Sep23	Dec23	Mar24
EBIT	Get a 7-Day Free Trial					1.40	2.15	2.23	2.60	0.94

Competitive Comparison of SAF Special Steel PCL's EBIT

For the Steel subindustry, SAF Special Steel 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.

SAF Special Steel PCL's EV-to-EBIT Distribution in the Steel Industry

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

* The bar in red indicates where SAF Special Steel PCL's EV-to-EBIT falls into.

SAF Special Steel 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 ฿5.8 Mil.

SAF Special Steel PCL (BKK:SAF) EBIT Explanation

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

SAF Special Steel 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 )
=	2.684 * ( 1 - 13.55% )	/	( (393.547	+	387.463)	/ 2 )
=	2.320318	/	390.505
=	0.59 %

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	))
=	404.147	-	3.317	-	( 7.283	-	max(0, 108.87	-	201.628	+	7.283	))
=	393.547

	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	))
=	404.077	-	11.224	-	( 5.39	-	max(0, 110.698	-	198.443	+	5.39	))
=	387.463

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

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

SAF Special Steel 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 )
=	3.76	/	( ( (167.092 + max(187.562, 0))	+	(170.525 + max(179.422, 0)) )	/	2 )
=	3.76	/	( ( 354.654	+	349.947 )	/	2 )
=	3.76	/	352.3005
=	1.07 %

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)
=	(37.731	+	151.207	+	2.427)	-	(3.317	+	0	+	0.48600000000002)
=	187.562

	Working Capital		(Q: Mar. 2024 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(36.505	+	150.331	+	4.007)	-	(11.224	+	0	+	0.19699999999999)
=	179.422

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:

SAF Special Steel PCL's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Mar. 2024 )
	=	5.765	/	314.998
	=	1.83 %

SAF Special Steel PCL EBIT Related Terms

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SAF Special Steel PCL (BKK:SAF) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » SAF Special Steel PCL (BKK:SAF) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

N/A

Address

Bangkhunthien-Chytalay road, 110 Thientalay 24, Ta-kam, Bankhunthien, Bangkok, THA, 10150

Website

https://www.saf.co.th

SAF Special Steel PCL is engaged in the sales and processing of special-grade steel for various industrial applications. The principal activities of the Company are import and distribution including steel products for industrial and distribution tooling, equipment parts and band saw machines and manufacture of molds & dies and vacuum hardening services.

SAF Special Steel PCL (BKK:SAF) Headlines

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