GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » LEM Holding SA (FRA:LELA) » Definitions » EBIT

LEM Holding (FRA:LELA) EBIT : €81.0 Mil (TTM As of Mar. 2024)


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

What is LEM Holding EBIT?

LEM Holding's earnings before interest and taxes (EBIT) for the six months ended in Mar. 2024 was €28.9 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was €81.0 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. LEM Holding's annualized ROC % for the quarter that ended in Mar. 2024 was 16.91%. LEM Holding's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 29.38%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. LEM Holding's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 4.06%.


LEM Holding EBIT Historical Data

The historical data trend for LEM Holding'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.

LEM Holding EBIT Chart

LEM Holding Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 52.85 55.35 83.87 91.30 80.65

LEM Holding Semi-Annual Data
Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 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 42.88 45.09 47.45 52.07 28.89

Competitive Comparison of LEM Holding's EBIT

For the Electrical Equipment & Parts subindustry, LEM Holding'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.


LEM Holding's EV-to-EBIT Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, LEM Holding's EV-to-EBIT distribution charts can be found below:

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



LEM Holding 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 semi-annually data reported by the company within the most recent 12 months, which was €81.0 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.


LEM Holding  (FRA:LELA) EBIT Explanation

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

LEM Holding'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: Sep. 2023 ) + Invested Capital (Q: Mar. 2024 ))/ count )
=60.864 * ( 1 - 17.11% )/( (299.481 + 297.176)/ 2 )
=50.4501696/298.3285
=16.91 %

where

Invested Capital(Q: Sep. 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))
=360.998 - 35.811 - ( 25.706 - max(0, 159.617 - 190.797+25.706))
=299.481

Note: The Operating Income data used here is two times the semi-annual (Mar. 2024) data.

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

LEM Holding'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: Sep. 2023  Q: Mar. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=57.778/( ( (111.436 + max(91.372, 0)) + (114.905 + max(75.662, 0)) )/ 2 )
=57.778/( ( 202.808 + 190.567 )/ 2 )
=57.778/196.6875
=29.38 %

where Working Capital is:

Working Capital(Q: Sep. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(98.477 + 55.122 + 11.492) - (35.811 + 0 + 37.908)
=91.372

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(75.304 + 58.353 + 13.216) - (34.768 + 0 + 36.443)
=75.662

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Mar. 2024) EBIT data.

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

LEM Holding's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=80.959/1996.430
=4.06 %

* 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.


LEM Holding EBIT Related Terms

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


LEM Holding (FRA:LELA) Business Description

Traded in Other Exchanges
Address
Route du Nant-d'Avril, 152, Meyrin, CHE, 1217
LEM Holding SA is a Switzerland-based holding company whose subsidiaries manufacture and distribute electrical measurement components for products with automotive, railway, battery monitoring, and wireless submetering network measuring applications. The firm's operations are broadly organized in two segments namely Asia, Europe/Americas, and LEM Group. It derives a majority of its revenue from Asia.

LEM Holding (FRA:LELA) Headlines

No Headlines