GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Telenor ASA (OTCPK:TELNY) » Definitions » EBIT

Telenor ASA (Telenor ASA) EBIT : $411 Mil (TTM As of Dec. 2023)


View and export this data going back to 2000. Start your Free Trial

What is Telenor ASA EBIT?

Telenor ASA's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2023 was $-520 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was $411 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Telenor ASA's annualized ROC % for the quarter that ended in Dec. 2023 was 13.84%. Telenor ASA's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -28.18%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Telenor ASA's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 1.71%.


Telenor ASA EBIT Historical Data

The historical data trend for Telenor ASA'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.

Telenor ASA EBIT Chart

Telenor ASA 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 2,829.01 3,182.35 1,804.68 1,131.26 427.23

Telenor ASA 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 321.86 64.56 347.71 518.43 -520.12

Competitive Comparison of Telenor ASA's EBIT

For the Telecom Services subindustry, Telenor ASA'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.


Telenor ASA's EV-to-EBIT Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Telenor ASA's EV-to-EBIT distribution charts can be found below:

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



Telenor ASA 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 $411 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.


Telenor ASA  (OTCPK:TELNY) EBIT Explanation

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

Telenor ASA'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 )
=2114.244 * ( 1 - -31.03% )/( (19780.88 + 20265.228)/ 2 )
=2770.2939132/20023.054
=13.84 %

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))
=20836.014 - 2684.364 - ( 981.846 - max(0, 4180.164 - 2550.934+981.846))
=19780.88

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))
=20700.419 - 1026.125 - ( 1977.458 - max(0, 4359.49 - 3768.556+1977.458))
=20265.228

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

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

Telenor ASA'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 )
=-2080.496/( ( (7423.424 + max(-1676.877, 0)) + (7342.787 + max(-1196.087, 0)) )/ 2 )
=-2080.496/( ( 7423.424 + 7342.787 )/ 2 )
=-2080.496/7383.1055
=-28.18 %

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)
=(1385.493 + 99.21 + 84.385) - (2684.364 + 0 + 561.601)
=-1676.877

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1174 + 90.526 + 396.991) - (1026.125 + 0 + 1831.479)
=-1196.087

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:

Telenor ASA's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2023 )
=410.576/23990.973
=1.71 %

* 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.


Telenor ASA EBIT Related Terms

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


Telenor ASA (Telenor ASA) Business Description

Address
Snaroyveien 30, Fornebu, NOR, N-1360
Telenor is an international provider of telecom, data, and media communication services. It is the incumbent dominant telecom operator in Norway and the Norwegian government holds a stake of more than 50% in the firm. Telenor also operates in other Nordic countries and owns several businesses in Asia. Most of Telenor's operations are mobile businesses, although it also has some fixed-line operations in Nordic European countries.

Telenor ASA (Telenor ASA) Headlines

From GuruFocus

3 High-Yield Stocks for the Dividend Investor

By Alberto Abaterusso Alberto Abaterusso 04-10-2020

Telenor ASA's Dividend Analysis

By GuruFocus Research 10-18-2023