AB Ignitis Grupe (FRA:IGV0) EBIT : €388 Mil (TTM As of Mar. 2024)

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What is AB Ignitis Grupe EBIT?

AB Ignitis Grupe's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was €152 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was €388 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. AB Ignitis Grupe's annualized ROC % for the quarter that ended in Mar. 2024 was 10.91%. AB Ignitis Grupe's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 17.30%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. AB Ignitis Grupe's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 14.96%.

AB Ignitis Grupe EBIT Historical Data

The historical data trend for AB Ignitis Grupe'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.

AB Ignitis Grupe EBIT Chart

AB Ignitis Grupe Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

EBIT

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81.44

214.98

199.60

366.90

388.50

AB Ignitis Grupe Quarterly Data
	Dec18	Jun19	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															155.40	33.80	74.70	127.50	151.70

Competitive Comparison of AB Ignitis Grupe's EBIT

For the Utilities - Diversified subindustry, AB Ignitis Grupe'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.

AB Ignitis Grupe's EV-to-EBIT Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, AB Ignitis Grupe's EV-to-EBIT distribution charts can be found below:

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

AB Ignitis Grupe 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 €388 Mil.

AB Ignitis Grupe (FRA:IGV0) EBIT Explanation

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

AB Ignitis Grupe'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 )
=	586.4 * ( 1 - 14.79% )	/	( (4592.8	+	4569)	/ 2 )
=	499.67144	/	4580.9
=	10.91 %

where

	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	))
=	5244.4	-	336.4	-	( 315.2	-	max(0, 661.1	-	1027.5	+	315.2	))
=	4592.8

	Invested Capital		(Q: Mar. 2024 )
=	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	))
=	5327.5	-	472.8	-	( 349.2	-	max(0, 684	-	969.7	+	349.2	))
=	4569

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

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

AB Ignitis Grupe'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 )
=	606.8	/	( ( (3412.4 + max(71.7, 0))	+	(3532.2 + max(-88.6, 0)) )	/	2 )
=	606.8	/	( ( 3484.1	+	3532.2 )	/	2 )
=	606.8	/	3508.15
=	17.30 %

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)
=	(265.9	+	274.8	+	122.4)	-	(336.4	+	0	+	255)
=	71.7

	Working Capital		(Q: Mar. 2024 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(237.6	+	229.5	+	54.9)	-	(472.8	+	0	+	137.8)
=	-88.6

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:

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

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Mar. 2024 )
	=	387.7	/	2592.249
	=	14.96 %

AB Ignitis Grupe EBIT Related Terms

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AB Ignitis Grupe (FRA:IGV0) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » AB Ignitis Grupe (FRA:IGV0) » Definitions » EBIT

Traded in Other Exchanges

IGN1L:Lithuania IGN:UK

Address

Laisves Avenue 10, Vilnius, LTU, LT-04215

Website

https://www.ignitisgrupe.lt

AB Ignitis Grupe is a utility and renewable energy company in the Baltic region. The group's core business is focused on operating electricity and gas distribution networks. It operates in four segments: Customers & Solutions, which is into electricity and gas supply, trading and balancing, energy efficiency projects, construction of solar power plants for businesses and residents, installation and operation of electric vehicle charging stations, and energy solutions; Networks segment, which is engaged in the operation, maintenance, management and development of electricity and gas distribution networks; Green Generation segment; and Flexible Generation segment. The vast majority of the revenue comes from the Customers & Solutions and Network segments.

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