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Etalon Group (FRA:2ET) EBIT : €437 Mil (TTM As of Dec. 2022)


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What is Etalon Group EBIT?

Etalon Group's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2022 was €142 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2022 was €437 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Etalon Group's annualized ROC % for the quarter that ended in Dec. 2022 was 5.40%. Etalon Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2022 was 15.07%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Etalon Group's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2022 was 690.07%.


Etalon Group EBIT Historical Data

The historical data trend for Etalon Group'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.

Etalon Group EBIT Chart

Etalon Group Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 67.72 133.34 133.76 182.20 444.61

Etalon Group Semi-Annual Data
Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22
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 96.30 76.86 100.72 294.59 142.02

Competitive Comparison of Etalon Group's EBIT

For the Real Estate - Development subindustry, Etalon Group'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.


Etalon Group's EV-to-EBIT Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Etalon Group's EV-to-EBIT distribution charts can be found below:

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



Etalon Group 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. 2022 adds up the semi-annually data reported by the company within the most recent 12 months, which was €437 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.


Etalon Group  (FRA:2ET) EBIT Explanation

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

Etalon Group's annualized ROC % for the quarter that ended in Dec. 2022 is calculated as:

ROC % (Q: Dec. 2022 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jun. 2022 ) + Invested Capital (Q: Dec. 2022 ))/ count )
=325.002 * ( 1 - 52.55% )/( (2751.037 + 2957.126)/ 2 )
=154.213449/2854.0815
=5.40 %

where

Invested Capital(Q: Jun. 2022 )
=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))
=3822.563 - 482.956 - ( 588.57 - max(0, 1108.287 - 3548.011+588.57))
=2751.037

Invested Capital(Q: Dec. 2022 )
=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))
=3826.054 - 501.647 - ( 367.281 - max(0, 1064.144 - 3500.528+367.281))
=2957.126

Note: The Operating Income data used here is two times the semi-annual (Dec. 2022) data.

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

Etalon Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2022 is calculated as:

ROC (Joel Greenblatt) %(Q: Dec. 2022 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2022  Q: Dec. 2022
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=284.032/( ( (67.486 + max(1694.333, 0)) + (69.89 + max(1937.437, 0)) )/ 2 )
=284.032/( ( 1761.819 + 2007.327 )/ 2 )
=284.032/1884.573
=15.07 %

where Working Capital is:

Working Capital(Q: Jun. 2022 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(95.777 + 2013.862 + 326.405) - (482.956 + 0 + 258.755)
=1694.333

Working Capital(Q: Dec. 2022 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(102.39 + 2198.332 + 356.376) - (501.647 + 0 + 218.014)
=1937.437

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Dec. 2022) EBIT data.

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

Etalon Group's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2022 )
=436.601/63.269
=690.07 %

* 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.


Etalon Group EBIT Related Terms

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Etalon Group (FRA:2ET) Business Description

Traded in Other Exchanges
Address
2-4 Arch. Makariou III Avenue, Capital Centre, 9th Floor, Nicosia, CYP, 1065
Etalon Group PLC is a real estate and development, and construction company. Its core business is building housing projects in the Moscow Metropolitan area, the Russian Federation. It operates in three reportable segments namely Residential Development, Construction Services, and Other operations. The company generates maximum revenue from the Residential Development segment. Its Residential Development segment includes the construction of residential real estate including flats, built-in premises, and parking places. The Construction Services segment includes construction services for third parties and internal purposes. It derives a majority of its revenue from the Moscow metropolitan area.

Etalon Group (FRA:2ET) Headlines

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