GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Lifeway Foods Inc (NAS:LWAY) » Definitions » EBIT
中文

Lifeway Foods (Lifeway Foods) EBIT : $17.0 Mil (TTM As of Dec. 2023)


View and export this data going back to 1995. Start your Free Trial

What is Lifeway Foods EBIT?

Lifeway Foods's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2023 was $5.8 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was $17.0 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Lifeway Foods's annualized ROC % for the quarter that ended in Dec. 2023 was 30.39%. Lifeway Foods's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 71.87%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Lifeway Foods's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 5.86%.


Lifeway Foods EBIT Historical Data

The historical data trend for Lifeway Foods'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.

Lifeway Foods EBIT Chart

Lifeway Foods 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 1.48 4.95 5.73 2.11 17.03

Lifeway Foods Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 1.73 1.44 4.79 5.04 5.76

Competitive Comparison of Lifeway Foods's EBIT

For the Packaged Foods subindustry, Lifeway Foods'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.


Lifeway Foods's EV-to-EBIT Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Lifeway Foods's EV-to-EBIT distribution charts can be found below:

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



Lifeway Foods 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 $17.0 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.


Lifeway Foods  (NAS:LWAY) EBIT Explanation

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

Lifeway Foods'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 )
=23.012 * ( 1 - 30.33% )/( (52.338 + 53.164)/ 2 )
=16.0324604/52.751
=30.39 %

where

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

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

Lifeway Foods'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 )
=23.036/( ( (22.488 + max(8.953, 0)) + (22.956 + max(9.706, 0)) )/ 2 )
=23.036/( ( 31.441 + 32.662 )/ 2 )
=23.036/32.0515
=71.87 %

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)
=(13.095 + 9.321 + 1.621) - (15.084 + 0 + 0)
=8.953

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(13.875 + 9.104 + 2.019) - (15.292 + 0 + 0)
=9.706

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:

Lifeway Foods's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2023 )
=17.033/290.452
=5.86 %

* 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.


Lifeway Foods EBIT Related Terms

Thank you for viewing the detailed overview of Lifeway Foods's EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.


Lifeway Foods (Lifeway Foods) Business Description

Traded in Other Exchanges
Address
6431 West Oakton Street, Morton Grove, IL, USA, 60053
Lifeway Foods Inc is engaged in manufacturing probiotic, cultured, functional dairy health food products. Its primary product is drinkable kefir which is a cultured dairy product. Its product categories are Drinkable Kefir which is the key revenue-driving product, European-style soft cheeses, Cream, ProBugs, Frozen Kefir and Other dairy. The company manufacture and market products under the Lifeway and Fresh Made brand names, as well as under private labels on behalf of customers. It sells the products primarily through direct sales force, brokers, and distributors.
Executives
Edward Smolyansky officer: CFO, Treasurer
Julie Smolyansky director, officer: President and CEO
Ludmila Smolyansky director, 10 percent owner
Juan Carlos Dalto director 3059 TOWNSGATE ROAD, WESTLAKE VILLAGE CA 91361
Perfecto Sanchez director 153 DIEHL ROAD, CALLICOON NY 12723
Dorri Mcwhorter director 6431 OAKTON STREET, C/O LIFEWAY FOODS, INC., MORTON GROVE IL 60053
Jody Levy director 6431 OAKTON STREET, C/O LIFEWAY FOODS, INC., MORTON GROVE IL 60053
George Sent director C/O LIFEWAY FOODS, 6431 OAKTON STREET, MORTON GROVE IL 60053
Amy M. Feldman officer: SENIOR EXECUTIVE VP OF SALES C/O LIFEWAY FOODS, 6431 OAKTON STREET, MORTON GROVE IL 60053
Neha J Clark officer: Chief Financial Officer C/O LIFEWAY FOODS, 6431 OAKTON STREET, MORTON GROVE IL 60053
Eric A Hanson officer: Chief Accounting Officer C/O LIFEWAY FOODS, 6431 OAKTON STREET, MORTON GROVE IL 60053
Laurent Marcel director C/O DANONE NA, 1 MAPLE AVE, WHITE PLAINS NY 10605
Douglas Hass officer: Gen Counsel & Asst Corp Sec. 1205 KIMBALL BLVD., JASPER IN 47546
Jennifer Reilly officer: Sr Exec V. President of Sales 6431 W. OAKTON STREET, MORTON GROVE IL 60053
John P Waldron officer: Chief Financial officer LIFEWAY FOODS, INC., 6431 W. OAKTON STREET, MORTON GROVE IL 60053