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Vianini Lavori (MIL:VLA) EBIT : €36.3 Mil (TTM As of Sep. 2015)


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What is Vianini Lavori EBIT?

Vianini Lavori's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2015 was €10.5 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2015 was €36.3 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Vianini Lavori's annualized ROC % for the quarter that ended in Sep. 2015 was 5.72%. Vianini Lavori's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2015 was 12,294.43%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Vianini Lavori's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2015 was 12.53%.


Vianini Lavori EBIT Historical Data

The historical data trend for Vianini Lavori'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.

Vianini Lavori EBIT Chart

Vianini Lavori Annual Data
Trend Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 38.89 39.97 7.39 15.68 33.29

Vianini Lavori Quarterly Data
Jun10 Dec10 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15
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 12.64 3.98 2.04 19.76 10.48

Competitive Comparison of Vianini Lavori's EBIT

For the Engineering & Construction subindustry, Vianini Lavori'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.


Vianini Lavori's EV-to-EBIT Distribution in the Construction Industry

For the Construction industry and Industrials sector, Vianini Lavori's EV-to-EBIT distribution charts can be found below:

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



Vianini Lavori 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 Sep. 2015 adds up the quarterly data reported by the company within the most recent 12 months, which was €36.3 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.


Vianini Lavori  (MIL:VLA) EBIT Explanation

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

Vianini Lavori's annualized ROC % for the quarter that ended in Sep. 2015 is calculated as:

ROC % (Q: Sep. 2015 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jun. 2015 ) + Invested Capital (Q: Sep. 2015 ))/ count )
=41.924 * ( 1 - 0% )/( (733.218 + 0)/ 1 )
=41.924/733.218
=5.72 %

where

Note: The Operating Income data used here is four times the quarterly (Sep. 2015) data.

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

Vianini Lavori's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2015 is calculated as:

ROC (Joel Greenblatt) %(Q: Sep. 2015 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2015  Q: Sep. 2015
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=41.924/( ( (0.341 + max(-9.603, 0)) + (0 + max(0, 0)) )/ 1 )
=41.924/( ( 0.341 + 0 )/ 1 )
=41.924/0.341
=12,294.43 %

where Working Capital is:

Working Capital(Q: Jun. 2015 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(45.411 + 49.657 + 31.439) - (80.097 + 0 + 56.013)
=-9.603

Working Capital(Q: Sep. 2015 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0) - (0 + 0 + 0)
=0

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Sep. 2015) EBIT data.

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

Vianini Lavori's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2015 )
=36.264/289.502
=12.53 %

* 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.


Vianini Lavori EBIT Related Terms

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Vianini Lavori (MIL:VLA) Business Description

Traded in Other Exchanges
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Address
Vianini Lavori SpA was established on July 24, 1980. The Company operates as a contractor in the infrastructure, water, and highways concessions areas in Italy. It undertakes subways, roads, housing, railways projects, dams and hydropower projects, canals and aqueducts, industrial and civil construction projects and also invests in companies such as Cementir Holding, Water Campania, and Eurostazioni, among others.

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