GURUFOCUS.COM » STOCK LIST » Technology » Software » Webstep ASA (OSL:WSTEP) » Definitions » EBIT

Webstep ASA (OSL:WSTEP) EBIT : kr16.3 Mil (TTM As of Mar. 2024)


View and export this data going back to 2017. Start your Free Trial

What is Webstep ASA EBIT?

Webstep ASA's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was kr22.2 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was kr16.3 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Webstep ASA's annualized ROC % for the quarter that ended in Mar. 2024 was 12.46%. Webstep ASA's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 82.56%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Webstep ASA's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 2.49%.


Webstep ASA EBIT Historical Data

The historical data trend for Webstep ASA'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.

Webstep ASA EBIT Chart

Webstep ASA 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 48.89 50.13 65.40 54.79 19.34

Webstep ASA 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 25.22 17.62 2.34 -25.84 22.19

Competitive Comparison of Webstep ASA's EBIT

For the Information Technology Services subindustry, Webstep ASA'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.


Webstep ASA's EV-to-EBIT Distribution in the Software Industry

For the Software industry and Technology sector, Webstep ASA's EV-to-EBIT distribution charts can be found below:

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



Webstep ASA 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 kr16.3 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.


Webstep ASA  (OSL:WSTEP) EBIT Explanation

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

Webstep ASA'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 )
=88.756 * ( 1 - 21.97% )/( (494.246 + 617.702)/ 2 )
=69.2563068/555.974
=12.46 %

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))
=708.172 - 244.455 - ( 73.587 - max(0, 267.401 - 236.872+73.587))
=494.246

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))
=732.372 - 123.912 - ( 42.694 - max(0, 275.962 - 266.72+42.694))
=617.702

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

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

Webstep ASA'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 )
=88.756/( ( (110.218 + max(-86.423, 0)) + (104.796 + max(-47.012, 0)) )/ 2 )
=88.756/( ( 110.218 + 104.796 )/ 2 )
=88.756/107.507
=82.56 %

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)
=(156.015 + 0 + 7.27) - (244.455 + 0 + 5.253)
=-86.423

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(212.462 + 0 + 0.0010000000000332) - (123.912 + 0 + 135.563)
=-47.012

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:

Webstep ASA's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=16.306/654.019
=2.49 %

* 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.


Webstep ASA EBIT Related Terms

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


Webstep ASA (OSL:WSTEP) Business Description

Traded in Other Exchanges
N/A
Address
Universitetsgata 2, Rebel, Oslo, NOR, NO-0164
Webstep ASA is engaged in the provision of information technology (IT) consultancy services. Its core digitalization offerings include digitalization, cloud migration and integration in addition, it also focused on the Internet of Things (IoT), machine learning and analytics. The company also provides cloud services and infrastructure, security and mobility solutions, robotics, as well as IT advisory and management solutions. It operates in two geographical segments, Norway and Sweden. The company earns. majority revenue from Sweden.

Webstep ASA (OSL:WSTEP) Headlines

No Headlines