Metro Brands (BOM:543426) EBIT : ₹5,295 Mil (TTM As of Dec. 2023)

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What is Metro Brands EBIT?

Metro Brands's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2023 was ₹1,563 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was ₹5,295 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Metro Brands's annualized ROC % for the quarter that ended in Dec. 2023 was 18.96%. Metro Brands's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 35.27%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Metro Brands's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 1.78%.

Metro Brands EBIT Historical Data

The historical data trend for Metro Brands'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.

Metro Brands EBIT Chart

Metro Brands Annual Data

Trend

Mar19

Mar20

Mar21

Mar22

Mar23

EBIT

2,623.78

2,581.47

1,293.19

3,335.69

5,521.45

Metro Brands Quarterly Data
	Mar19	Mar20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
EBIT	Get a 7-Day Free Trial											1,693.80	1,120.95	1,467.10	1,143.60	1,562.90

Competitive Comparison of Metro Brands's EBIT

For the Apparel Retail subindustry, Metro Brands'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.

Metro Brands's EV-to-EBIT Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Metro Brands's EV-to-EBIT distribution charts can be found below:

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

Metro Brands 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 ₹5,295 Mil.

Metro Brands (BOM:543426) EBIT Explanation

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

Metro Brands'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 )
=	5613.6 * ( 1 - 27.85% )	/	( (21363.7	+	0)	/ 1 )
=	4050.2124	/	21363.7
=	18.96 %

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	))
=	31639.9	-	3041.1	-	( 7235.1	-	max(0, 5344.8	-	16037.3	+	7235.1	))
=	21363.7

	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	))
=	0	-	0	-	( 0	-	max(0, 0	-	0	+	0	))
=	0

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

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

Metro Brands'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 )
=	6251.6	/	( ( (12933.1 + max(4792.7, 0))	+	(0 + max(0, 0)) )	/	1 )
=	6251.6	/	( ( 17725.8	+	0 )	/	1 )
=	6251.6	/	17725.8
=	35.27 %

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)
=	(1304.3	+	7048.7	+	433.4)	-	(3041.1	+	0	+	952.6)
=	4792.7

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

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:

Metro Brands's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Dec. 2023 )
	=	5294.545	/	297093.632
	=	1.78 %

Metro Brands EBIT Related Terms

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Metro Brands (BOM:543426) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Metro Brands Ltd (BOM:543426) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

METROBRAND:India

Address

Lal Bahadur Shastri Road & CST Road Junction, 401, Zillion, 4th Floor, Kurla (West), Mumbai, MH, IND, 400 070

Website

https://www.metrobrands.com

Metro Brands Ltd is a footwear speciality retailer. It offers a wide range of branded products for the entire family including men, women, unisex and kids, and for every occasion including casual and formal events. The Company's only business being trading of fashion footwear, bags, and accessories operating in the premium and economy category.

Metro Brands (BOM:543426) Headlines

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