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Grupo Argos (BOG:GRUPOARGOS) EBIT : COP5,387,067 Mil (TTM As of Mar. 2024)


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What is Grupo Argos EBIT?

Grupo Argos's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was COP2,166,895 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was COP5,387,067 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Grupo Argos's annualized ROC % for the quarter that ended in Mar. 2024 was 12.11%. Grupo Argos's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 47.06%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Grupo Argos's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 34.68%.


Grupo Argos EBIT Historical Data

The historical data trend for Grupo Argos'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.

Grupo Argos EBIT Chart

Grupo Argos 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 3,264,294.00 1,791,781.00 2,881,011.00 3,929,618.00 4,422,238.00

Grupo Argos 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 1,037,769.00 1,212,258.00 962,933.00 1,044,981.00 2,166,895.00

Competitive Comparison of Grupo Argos's EBIT

For the Building Materials subindustry, Grupo Argos'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.


Grupo Argos's EV-to-EBIT Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Grupo Argos's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Grupo Argos's EV-to-EBIT falls into.



Grupo Argos 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 COP5,387,067 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.


Grupo Argos  (BOG:GRUPOARGOS) EBIT Explanation

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

Grupo Argos'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 )
=8667580 * ( 1 - 36.36% )/( (44069348 + 47001756)/ 2 )
=5516047.912/45535552
=12.11 %

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))
=49402341 - 3616152 - ( 2246708 - max(0, 8321710 - 10038551+2246708))
=44069348

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))
=51171008 - 4086946 - ( 3902286 - max(0, 8659609 - 8741915+3902286))
=47001756

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

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

Grupo Argos'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 )
=8667580/( ( (21806426 + max(1443, 0)) + (15027680 + max(-3396135, 0)) )/ 2 )
=8667580/( ( 21807869 + 15027680 )/ 2 )
=8667580/18417774.5
=47.06 %

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)
=(3109086 + 1664695 + 3018062) - (3616152 + 0 + 4174248)
=1443

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(3236444 + 1192153 + 411032) - (4086946 + 0 + 4148818)
=-3396135

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:

Grupo Argos's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=5387067/15532214.551
=34.68 %

* 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.


Grupo Argos EBIT Related Terms

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Grupo Argos (BOG:GRUPOARGOS) Business Description

Traded in Other Exchanges
Address
Carrera 43A, No. 1A Sur 143, Santillana Center - South Tower, Medellin, COL
Grupo Argos SA is a holding company with businesses spanning multiple industries including cement, energy, highway and airport construction, port operations, real estate, and coal. The Cement segment, which generates the majority of revenue, has a majority ownership stake in Cementos Argos, which manufactures and sells cement, concrete, and cement-related products in multiple countries throughout the Americas. The Energy segment has a majority ownership stake in a company named Celsia, which generates and sells gas, thermal energy, and hydroelectric energy throughout Central and South America.

Grupo Argos (BOG:GRUPOARGOS) Headlines

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