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Duroc AB (FRA:DRC) EBIT : €-13.6 Mil (TTM As of Mar. 2024)


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What is Duroc AB EBIT?

Duroc AB's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was €2.0 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was €-13.6 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Duroc AB's annualized ROC % for the quarter that ended in Mar. 2024 was 3.38%. Duroc AB's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 7.64%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Duroc AB's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was -17.75%.


Duroc AB EBIT Historical Data

The historical data trend for Duroc AB'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.

Duroc AB EBIT Chart

Duroc AB Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.81 15.12 8.70 7.84 -17.26

Duroc AB Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 2.72 -15.27 -0.45 0.12 1.97

Competitive Comparison of Duroc AB's EBIT

For the Textile Manufacturing subindustry, Duroc AB'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.


Duroc AB's EV-to-EBIT Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Duroc AB's EV-to-EBIT distribution charts can be found below:

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



Duroc AB 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €-13.6 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.


Duroc AB  (FRA:DRC) EBIT Explanation

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

Duroc AB's annualized ROC % for the quarter that ended in Mar. 2024 is calculated as:

ROC % (Q: Mar. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2023 ) + Invested Capital (Q: Mar. 2024 ))/ count )
=7.884 * ( 1 - 41.33% )/( (133.139 + 140.519)/ 2 )
=4.6255428/136.829
=3.38 %

where

Note: The Operating Income data used here is four times the quarterly (Mar. 2024) data.

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

Duroc AB's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2023  Q: Mar. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=7.884/( ( (53.763 + max(46.799, 0)) + (53.426 + max(52.295, 0)) )/ 2 )
=7.884/( ( 100.562 + 105.721 )/ 2 )
=7.884/103.1415
=7.64 %

where Working Capital is:

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(31.566 + 47.559 + 0.501) - (17.236 + 0 + 15.591)
=46.799

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(38.89 + 49.087 + 0.48599999999999) - (18.875 + 0 + 17.293)
=52.295

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2024) EBIT data.

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

Duroc AB's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=-13.634/76.792
=-17.75 %

* 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.


Duroc AB EBIT Related Terms

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Duroc AB (FRA:DRC) Business Description

Traded in Other Exchanges
Address
Reprovagen 15, Box 340, Taby, Stockholm, SWE, 183 13
Duroc AB along with its holdings is engaged in manufacturing products for industrial customers based on material and surface refinement technology. Its business is divided into Industrial Trade, Fibre and Other industry. The Fibre business area is a producer of polypropylene-based fibres and yarns with customers mainly in the automotive, construction, furniture and filter industry. The Industrial Trade business area consists of Duroc Machine Tool and Universal Power Nordic. Whereas the other industry business area consists of Duroc Rail and Duroc Laser Coating.

Duroc AB (FRA:DRC) Headlines

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