ENEFI Asset Management (BUD:ENEFI) EBIT : Ft-199.3 Mil (TTM As of Dec. 2023)

View and export this data going back to 2007. Start your Free Trial

What is ENEFI Asset Management EBIT?

ENEFI Asset Management's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2023 was Ft23.5 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was Ft-199.3 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. ENEFI Asset Management's annualized ROC % for the quarter that ended in Dec. 2023 was -5.21%. ENEFI Asset Management's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 2.96%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. ENEFI Asset Management's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -15.06%.

ENEFI Asset Management EBIT Historical Data

The historical data trend for ENEFI Asset Management'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.

ENEFI Asset Management EBIT Chart

ENEFI Asset Management Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

EBIT

Get a 7-Day Free Trial

67.68

635.93

-502.49

-161.06

-199.27

ENEFI Asset Management 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															-557.72	-187.22	26.16	-222.77	23.50

Competitive Comparison of ENEFI Asset Management's EBIT

For the Utilities - Renewable subindustry, ENEFI Asset Management'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.

ENEFI Asset Management's EV-to-EBIT Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, ENEFI Asset Management's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where ENEFI Asset Management's EV-to-EBIT falls into.

ENEFI Asset Management 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 Ft-199.3 Mil.

ENEFI Asset Management (BUD:ENEFI) EBIT Explanation

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

ENEFI Asset Management'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 )
=	-306.71 * ( 1 - 64.07% )	/	( (2127.544	+	2105.902)	/ 2 )
=	-110.200903	/	2116.723
=	-5.21 %

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	))
=	3351.782	-	121.741	-	( 1102.497	-	max(0, 615.698	-	1726.493	+	1102.497	))
=	2127.544

	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	))
=	3442.59	-	135.964	-	( 1369.248	-	max(0, 635.123	-	1835.847	+	1369.248	))
=	2105.902

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:

ENEFI Asset Management'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 )
=	47	/	( ( (1595.209 + max(-372.648, 0))	+	(1578.657 + max(-441.681, 0)) )	/	2 )
=	47	/	( ( 1595.209	+	1578.657 )	/	2 )
=	47	/	1586.933
=	2.96 %

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)
=	(164.524	+	3.969	+	33.264)	-	(121.741	+	0	+	452.664)
=	-372.648

	Working Capital		(Q: Dec. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(106.648	+	4.315	+	66.82)	-	(135.964	+	0	+	483.5)
=	-441.681

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:

ENEFI Asset Management's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Dec. 2023 )
	=	-199.274	/	1323.166
	=	-15.06 %

ENEFI Asset Management EBIT Related Terms

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

ENEFI Asset Management (BUD:ENEFI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » ENEFI Asset Management PLC (BUD:ENEFI) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

N/A

Address

Nanasi ut 23779/8/E/24, Budapest, HUN, 1031

Website

https://www.enefi.hu

ENEFI Asset Management PLC is an alternative energy company specializing in the implementation of self-financed, technology-independent, and supplier-independent complex energy efficiency-improvement projects, based on the combination of fossil and renewable energy sources. It offers heat supply, public lighting, and kitchen technology investments. The company operates in the following segments: the Energy sector; the Real segment which currently has four branches: finance, tourism, real estate, and food industry; and the Capital market segment. The company derives the majority of its revenue from the Energy sector. The company operates in Cyprus and Romania, out of which the majority of the revenue is generated from Romania.

ENEFI Asset Management (BUD:ENEFI) Headlines

No Headlines