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Natural Grocers by Vitamin Cottage (FRA:N2V) EBIT : €36 Mil (TTM As of Mar. 2024)


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What is Natural Grocers by Vitamin Cottage EBIT?

Natural Grocers by Vitamin Cottage's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was €10 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was €36 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Natural Grocers by Vitamin Cottage's annualized ROC % for the quarter that ended in Mar. 2024 was 6.52%. Natural Grocers by Vitamin Cottage's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 8.71%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Natural Grocers by Vitamin Cottage's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 4.65%.


Natural Grocers by Vitamin Cottage EBIT Historical Data

The historical data trend for Natural Grocers by Vitamin Cottage'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.

Natural Grocers by Vitamin Cottage EBIT Chart

Natural Grocers by Vitamin Cottage Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 15.22 23.56 24.08 30.46 29.67

Natural Grocers by Vitamin Cottage 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 7.88 8.39 7.25 9.91 10.36

Competitive Comparison of Natural Grocers by Vitamin Cottage's EBIT

For the Grocery Stores subindustry, Natural Grocers by Vitamin Cottage'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.


Natural Grocers by Vitamin Cottage's EV-to-EBIT Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Natural Grocers by Vitamin Cottage's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Natural Grocers by Vitamin Cottage's EV-to-EBIT falls into.



Natural Grocers by Vitamin Cottage 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 €36 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.


Natural Grocers by Vitamin Cottage  (FRA:N2V) EBIT Explanation

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

Natural Grocers by Vitamin Cottage'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 )
=42.804 * ( 1 - 21.05% )/( (520.313 + 516.097)/ 2 )
=33.793758/518.205
=6.52 %

where

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))
=604.045 - 105.452 - ( 10.092 - max(0, 147.103 - 129.599+10.092))
=516.097

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

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

Natural Grocers by Vitamin Cottage'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 )
=41.44/( ( (463.515 + max(14.73, 0)) + (461.299 + max(12.338, 0)) )/ 2 )
=41.44/( ( 478.245 + 473.637 )/ 2 )
=41.44/475.941
=8.71 %

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)
=(8.55 + 106.443 + 3.886) - (102.113 + 2.037 + -0.0010000000000048)
=14.73

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(8.042 + 107.964 + 3.501) - (105.452 + 1.717 + 0)
=12.338

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:

Natural Grocers by Vitamin Cottage's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=35.901/772.673
=4.65 %

* 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.


Natural Grocers by Vitamin Cottage EBIT Related Terms

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Natural Grocers by Vitamin Cottage (FRA:N2V) Business Description

Traded in Other Exchanges
Address
12612 West Alameda Parkway, Lakewood, CO, USA, 80228
Natural Grocers by Vitamin Cottage Inc operates natural and organic grocery and dietary supplement stores. It offers the following product categories, natural and organic food, dietary supplements, natural body care, household, pet care products, books and handouts. The company generates the majority of its revenue from grocery products and dietary supplements and rest from other products.

Natural Grocers by Vitamin Cottage (FRA:N2V) Headlines

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