Shepherd Neame (AQSE:SHEP) EBIT : £6.5 Mil (TTM As of Dec. 2023)

View and export this data going back to 2014. Start your Free Trial

What is Shepherd Neame EBIT?

Shepherd Neame's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2023 was £4.0 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was £6.5 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Shepherd Neame's annualized ROC % for the quarter that ended in Dec. 2023 was 1.32%. Shepherd Neame's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 2.46%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Shepherd Neame's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 2.69%.

Shepherd Neame EBIT Historical Data

The historical data trend for Shepherd Neame'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.

Shepherd Neame EBIT Chart

Shepherd Neame Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

EBIT

Get a 7-Day Free Trial

7.41

-15.81

-10.55

12.97

10.73

Shepherd Neame Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
EBIT	Get a 7-Day Free Trial															8.29	4.69	8.24	2.49	3.98

Competitive Comparison of Shepherd Neame's EBIT

For the Restaurants subindustry, Shepherd Neame'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.

Shepherd Neame's EV-to-EBIT Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Shepherd Neame's EV-to-EBIT distribution charts can be found below:

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

Shepherd Neame 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 semi-annually data reported by the company within the most recent 12 months, which was £6.5 Mil.

Shepherd Neame (AQSE:SHEP) EBIT Explanation

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

Shepherd Neame'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: Jun. 2023 )	+	Invested Capital (Q: Dec. 2023 ))	/ count )
=	7.46 * ( 1 - 39.49% )	/	( (345.779	+	338.637)	/ 2 )
=	4.514046	/	342.208
=	1.32 %

where

	Invested Capital		(Q: Jun. 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	))
=	361.229	-	18.844	-	( 1.444	-	max(0, 32.773	-	29.379	+	1.444	))
=	345.779

	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	))
=	364.172	-	29.719	-	( 0.409	-	max(0, 36.838	-	32.654	+	0.409	))
=	338.637

Note: The Operating Income data used here is two times the semi-annual (Dec. 2023) data.

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

Shepherd Neame'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: Jun. 2023		Q: Dec. 2023
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	7.964	/	( ( (321.732 + max(-1.04, 0))	+	(322.184 + max(2.526, 0)) )	/	2 )
=	7.964	/	( ( 321.732	+	324.71 )	/	2 )
=	7.964	/	323.221
=	2.46 %

where Working Capital is:

	Working Capital		(Q: Jun. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(14.18	+	8.001	+	4.965)	-	(18.844	+	0	+	9.342)
=	-1.04

	Working Capital		(Q: Dec. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(22.04	+	7.504	+	2.701)	-	(29.719	+	0	+	0)
=	2.526

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Dec. 2023) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

Shepherd Neame's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Dec. 2023 )
	=	6.473	/	241.060
	=	2.69 %

Shepherd Neame EBIT Related Terms

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

Shepherd Neame (AQSE:SHEP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » Shepherd Neame Ltd (AQSE:SHEP) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

43Y:Germany

Address

17 Court Street, Faversham, Kent, GBR, ME13 7AX

Website

https://www.shepherdneame.co.uk

Shepherd Neame Ltd is engaged in the brewing and packaging of beer, wholesaling and retailing of beer, cider, wines, spirits and minerals, property ownership and public house, and providing hotel management services. Its operating segments include Brewing and Brands, Retail Pubs, and Tenanted Pubs. The company's brands include Master Brew, Whitstable Bay, Queen Court, India Pale Ale, Samuel Adams, Asahi and Bishops Finger. It generates maximum revenue from the Managed Pubs segment. Geographically, it derives a majority of revenue from the United Kingdom.

Shepherd Neame (AQSE:SHEP) Headlines

No Headlines