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Schwalbchen Molkerei Jakob Berz AG (FRA:SMB) EBIT : €8.8 Mil (TTM As of Dec. 2023)


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What is Schwalbchen Molkerei Jakob Berz AG EBIT?

Schwalbchen Molkerei Jakob Berz AG's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2023 was €8.8 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was €8.8 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Schwalbchen Molkerei Jakob Berz AG's annualized ROC % for the quarter that ended in Dec. 2023 was 16.79%. Schwalbchen Molkerei Jakob Berz AG's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 22.62%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Schwalbchen Molkerei Jakob Berz AG's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 20.40%.

Schwalbchen Molkerei Jakob Berz AG EBIT Historical Data

The historical data trend for Schwalbchen Molkerei Jakob Berz AG'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.

Schwalbchen Molkerei Jakob Berz AG EBIT Chart

Schwalbchen Molkerei Jakob Berz AG Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.74 -0.30 -0.80 1.01 8.83

Schwalbchen Molkerei Jakob Berz AG Semi-Annual Data
Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
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 4.74 -0.30 -0.80 1.01 8.83

Competitive Comparison of Schwalbchen Molkerei Jakob Berz AG's EBIT

For the Packaged Foods subindustry, Schwalbchen Molkerei Jakob Berz AG'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.

Schwalbchen Molkerei Jakob Berz AG's EV-to-EBIT Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Schwalbchen Molkerei Jakob Berz AG's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Schwalbchen Molkerei Jakob Berz AG's EV-to-EBIT falls into.


Schwalbchen Molkerei Jakob Berz AG 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.

For stock reported annually, GuruFocus uses latest annual data as the TTM data. EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was €8.8 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.

Schwalbchen Molkerei Jakob Berz AG  (FRA:SMB) EBIT Explanation

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

Schwalbchen Molkerei Jakob Berz AG's annualized ROC % for the quarter that ended in Dec. 2023 is calculated as:

ROC % (Q: Dec. 2023 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2022 ) + Invested Capital (Q: Dec. 2023 ))/ count )
=8.809 * ( 1 - 19.89% )/( (40.437 + 43.621)/ 2 )
=7.0568899/42.029
=16.79 %

where

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))
=66.571 - 14.933 - ( 11.201 - max(0, 19.601 - 45.06+11.201))
=40.437

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))
=76.818 - 15.066 - ( 18.131 - max(0, 19.74 - 51.921+18.131))
=43.621

Note: The Operating Income data used here is one times the annual (Dec. 2023) data.

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

Schwalbchen Molkerei Jakob Berz AG's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 is calculated as:

ROC (Joel Greenblatt) %(Q: Dec. 2023 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2022  Q: Dec. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=8.832/( ( (20.917 + max(18.872, 0)) + (24.257 + max(14.036, 0)) )/ 2 )
=8.832/( ( 39.789 + 38.293 )/ 2 )
=8.832/39.041
=22.62 %

where Working Capital is:

Working Capital(Q: Dec. 2022 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(18.876 + 10.558 + 4.382) - (14.933 + 0 + 0.010999999999999)
=18.872

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(19.34 + 9.489 + 4.947) - (15.066 + 0 + 4.674)
=14.036

When net working capital is negative, 0 is used.

Note: The EBIT data used here is one times the annual (Dec. 2023) EBIT data.

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

Schwalbchen Molkerei Jakob Berz AG's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2023 )
=8.832/43.298
=20.40 %

* 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.

Schwalbchen Molkerei Jakob Berz AG EBIT Related Terms

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Schwalbchen Molkerei Jakob Berz AG (FRA:SMB) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Schwalbchen Molkerei Jakob Berz AG (FRA:SMB) » Definitions » EBIT
Comparable Companies
XTER:CFC XTER:FEV XTER:P4O XTER:V6C XTER:A6T XSWX:NESN KHC XPAR:BN GIS NSE:NESTLEIND SHSE:603288 LSE:ABF SHSE:600887 SZSE:300999 K MKC TSE:2802 HRL BIMBOA BOM:500825
Traded in Other Exchanges
N/A
Address
Bad Schwalbach, Bad Schwalbach, DEU, 65307
Website
http://www.schwaelbchen-molkerei.de
Schwalbchen Molkerei Jakob Berz AG is engaged in processing and distribution of milk and milk products, the wholesale of dairy products and related foodstuffs. The company acts as a regional brand supplier of fresh and long-life milk, as well as fresh produce such as yogurt, whipped cream, sour cream, natural and fruit quark, cream, and sponge cake under the name SCHWÄLBCHEN. Specialties such as the coffee beverage Caffreddo and ethnic items such as Ayran are marketed nationwide. The company is engaged in the wholesale consumer trade segment.