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National CineMedia (National CineMedia) EBIT : $724.6 Mil (TTM As of Dec. 2023)


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What is National CineMedia EBIT?

National CineMedia's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2023 was $24.1 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was $724.6 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. National CineMedia's annualized ROC % for the quarter that ended in Dec. 2023 was 16.90%. National CineMedia's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 163.25%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. National CineMedia's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 177.33%.


National CineMedia EBIT Historical Data

The historical data trend for National CineMedia'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.

National CineMedia EBIT Chart

National CineMedia 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 157.10 91.70 -53.60 13.50 724.60

National CineMedia 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 32.50 -30.00 548.40 182.10 24.10

Competitive Comparison of National CineMedia's EBIT

For the Advertising Agencies subindustry, National CineMedia'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.


National CineMedia's EV-to-EBIT Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, National CineMedia's EV-to-EBIT distribution charts can be found below:

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



National CineMedia 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 $724.6 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.


National CineMedia  (NAS:NCMI) EBIT Explanation

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

National CineMedia'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 )
=81.6 * ( 1 - 0% )/( (480.4 + 485.5)/ 2 )
=81.6/482.95
=16.90 %

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:

National CineMedia'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 )
=96.4/( ( (14.6 + max(35.5, 0)) + (15.8 + max(52.2, 0)) )/ 2 )
=96.4/( ( 50.1 + 68 )/ 2 )
=96.4/59.05
=163.25 %

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)
=(69.3 + 0 + 16.9) - (41.4 + 9.3 + 0)
=35.5

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(98 + 0 + 12.6) - (47.6 + 9.8 + 0.99999999999999)
=52.2

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:

National CineMedia's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2023 )
=724.6/408.615
=177.33 %

* 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.


National CineMedia EBIT Related Terms

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National CineMedia (National CineMedia) Business Description

Traded in Other Exchanges
N/A
Address
6300 South Syracuse Way, Suite 300, Centennial, CO, USA, 80111
National CineMedia Inc is a holding company that operates a digital in-theatre media network across North America. The company displays ads in movie theaters, online, and through mobile video. National CineMedia's most important operation is First Look, its prefeature programming that plays before a movie and related trailers start. The company also operates an online and mobile network in combination with movie theaters that include movie content, trailers, showtimes, and other features. The company derives revenue from the sale of advertising to national, regional and local businesses in Noovie show, cinema advertising and entertainment show seen on movie screens across the U.S.
Executives
Scott D Felenstein officer: EVP and Chief Revenue Officer C/O NATIONAL CINEMEDIA, INC., 6300 S. SYRACUSE WAY, SUITE 300, CENTENNIAL CO 80111
Ronnie Y. Ng officer: Chief Financial Officer C/O NATIONAL CINEMEDIA, INC., 6300 S SYRACUSE WAY, SUITE 300, CENTENNIAL CO 80111
Maria Vg Woods officer: EVP, General Counsel C/O NATIONAL CINEMEDIA, INC., 6300 S SYRACUSE WAY, SUITE 300, CENTENNIAL CO 80111
Blantyre Fund Iii (gp) Ltd 10 percent owner UGLAND HOUSE, PO BOX 309, GEORGE TOWN, GRAND CAYMAN E9 KY1-1104
Joe Marchese director C/O CLEAR CHANNEL OUTDOOR HOLDINGS, INC., 4830 NORTH LOOP 1604W, SUITE 111, SAN ANTONIO TX 78249
Blantyre Capital Ltd 10 percent owner C/O BLANTYRE CAPITAL LIMITED, 52 JERMYN STREET, LONDON X0 SW1Y 6LX
Jean-philippe Maheu director C/O NATIONAL CINEMEDIA, INC., 6300 S. SYRACUSE WAY, SUITE 300, CENTENNIAL CO 80111
Tiago Lourenco director C/O NATIONAL CINEMEDIA, INC., 6300 S. SYRACUSE WAY, SUITE 300, CENTENNIAL CO 80111
Nicholas Bell director C/O NATIONAL CINEMEDIA, INC., 6300 S. SYRACUSE WAY, SUITE 300, CENTENNIAL CO 80111
Bssf Ii Ireland Dac 10 percent owner IVEAGH COURT, HARCOURT ROAD, 2ND FLOOR, BLOCK E, DUBLIN L2 2
Blantyre Fund Ii (gp) Ltd 10 percent owner UGLAND HOUSE, PO BOX 309, GEORGE TOWN, GRAND CAYMAN E9 KY1-1104
Blantyre Mulanje Ii Gp Ltd 10 percent owner UGLAND HOUSE, PO BOX 309, GEORGE TOWN, GRAND CAYMAN E9 KY1-1104
Iii Dac Bssf 10 percent owner IVEAGH COURT, HARCOURT ROAD, 2ND FLOOR, BLOCK E, DUBLIN L2 2
Lauren Zalaznick director 425 LEXINGTON AVENUE, (ATTN: ANDREA ANDREZO), NEW YORK NY 10017
Mubashir Mukadam 10 percent owner C/O BLANTYRE CAPITAL LIMITED, 52 JERMYN STREET, LONDON X0 SW1Y 6LX