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Tata Steel Thailand PCL (BKK:TSTH) EBIT : ฿123 Mil (TTM As of Mar. 2024)


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What is Tata Steel Thailand PCL EBIT?

Tata Steel Thailand PCL's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was ฿207 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. Tata Steel Thailand PCL's annualized ROC % for the quarter that ended in Mar. 2024 was -2.85%. Tata Steel Thailand PCL's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 10.74%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Tata Steel Thailand PCL's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 2.41%.


Tata Steel Thailand PCL EBIT Historical Data

The historical data trend for Tata Steel Thailand 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.

Tata Steel Thailand PCL EBIT Chart

Tata Steel Thailand PCL Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 162.82 731.38 2,635.32 712.23 122.76

Tata Steel Thailand 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 118.18 55.47 -51.57 -88.20 207.05

Competitive Comparison of Tata Steel Thailand PCL's EBIT

For the Steel subindustry, Tata Steel Thailand 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.


Tata Steel Thailand PCL's EV-to-EBIT Distribution in the Steel Industry

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

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



Tata Steel Thailand 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.


Tata Steel Thailand PCL  (BKK:TSTH) EBIT Explanation

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

Tata Steel Thailand 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 )
=-339.6 * ( 1 - -0.32% )/( (12315.024 + 11627.946)/ 2 )
=-340.68672/11971.485
=-2.85 %

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))
=14668.242 - 1050.864 - ( 1302.354 - max(0, 1231.802 - 7566.922+1302.354))
=12315.024

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))
=15297.353 - 1472.197 - ( 2197.21 - max(0, 1632.439 - 8380.066+2197.21))
=11627.946

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

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

Tata Steel Thailand 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 )
=828.216/( ( (3128.421 + max(5063.929, 0)) + (3125.339 + max(4101.944, 0)) )/ 2 )
=828.216/( ( 8192.35 + 7227.283 )/ 2 )
=828.216/7709.8165
=10.74 %

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)
=(2017.768 + 3915.235 + 328.133) - (1050.864 + 128.964 + 17.379)
=5063.929

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(2579.677 + 3058.87 + 60.498000000001) - (1472.197 + 58.608 + 66.296)
=4101.944

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=122.759/5090.093
=2.41 %

* 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.


Tata Steel Thailand PCL EBIT Related Terms

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Tata Steel Thailand PCL (BKK:TSTH) Business Description

Traded in Other Exchanges
Address
555 Phaholyothin Road, Rasa Tower 2, 20th Floor, Chatuchak Sub-district, Chatuchak District, Bangkok, THA, 10900
Tata Steel Thailand PCL is a Thailand-based holding company which is engaged in investing in other companies and providing management services. It is engaged in manufacturing, rendering manufacturing services, distributing and trading of steel bars, wire rods, and small-section products through its subsidiaries. The company operates in a single segment being the Manufacturing and distribution of long steel products. The product line of the company includes rebar, deformed bar, round bar, seismic bar, cut and bend bars, wire roads including high carbon wire rods and low carbon, special wire rods, and others.

Tata Steel Thailand PCL (BKK:TSTH) Headlines

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