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MerryMart Consumer (PHS:MM) EBIT : ₱327 Mil (TTM As of Mar. 2024)


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What is MerryMart Consumer EBIT?

MerryMart Consumer's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was ₱13 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was ₱327 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. MerryMart Consumer's annualized ROC % for the quarter that ended in Mar. 2024 was 0.46%. MerryMart Consumer's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 0.77%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. MerryMart Consumer's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 2.52%.


MerryMart Consumer EBIT Historical Data

The historical data trend for MerryMart Consumer'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.

MerryMart Consumer EBIT Chart

MerryMart Consumer Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EBIT
Get a 7-Day Free Trial 46.62 29.47 71.12 622.77 344.79

MerryMart Consumer 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 7.68 33.93 19.19 260.75 13.23

Competitive Comparison of MerryMart Consumer's EBIT

For the Grocery Stores subindustry, MerryMart Consumer'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.


MerryMart Consumer's EV-to-EBIT Distribution in the Retail - Defensive Industry

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

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



MerryMart Consumer 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 ₱327 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.


MerryMart Consumer  (PHS:MM) EBIT Explanation

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

MerryMart Consumer'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 )
=51.748 * ( 1 - 2.92% )/( (11193.37 + 10531.152)/ 2 )
=50.2369584/10862.261
=0.46 %

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))
=12312.626 - 1545.478 - ( 745.576 - max(0, 4725.311 - 4299.089+745.576))
=11193.37

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))
=12448.529 - 1268.197 - ( 649.18 - max(0, 2838.197 - 4278.478+649.18))
=10531.152

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

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

MerryMart Consumer'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 )
=52.908/( ( (4669.659 + max(1941.153, 0)) + (4809.411 + max(2351.426, 0)) )/ 2 )
=52.908/( ( 6610.812 + 7160.837 )/ 2 )
=52.908/6885.8245
=0.77 %

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)
=(124.967 + 2744.017 + 677.093) - (1545.478 + 0 + 59.446)
=1941.153

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(122.812 + 2741.549 + 755.262) - (1268.197 + 0 + 0)
=2351.426

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:

MerryMart Consumer's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=327.093/12970.954
=2.52 %

* 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.


MerryMart Consumer EBIT Related Terms

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MerryMart Consumer (PHS:MM) Business Description

Traded in Other Exchanges
N/A
Address
DD Meridian Park Corner Macapagal Avenue and Edsa Extension, 9th Floor, Tower 1, DoubleDragon Plaza, Bay Area, Pasay, PHL, 1302
MerryMart Consumer Corp is an emerging consumer-focused retail company. It is engaged in the operation of retail stores in the supermarket and household essentials category. It operates through Four divisions namely, MerryMart Grocery; MerryMart Market; and MerryMart Store, MerryMart Wholesale. It generates revenues from trading and selling goods and consumer products on a wholesale or retail basis.

MerryMart Consumer (PHS:MM) Headlines

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