GURUFOCUS.COM » STOCK LIST » Technology » Software » CodeMill AB (OSTO:CDMIL) » Definitions » EBIT

CodeMill AB (OSTO:CDMIL) EBIT : kr4.37 Mil (TTM As of Mar. 2024)


View and export this data going back to 2021. Start your Free Trial

What is CodeMill AB EBIT?

CodeMill AB's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was kr3.76 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was kr4.37 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. CodeMill AB's annualized ROC % for the quarter that ended in Mar. 2024 was 19.61%. CodeMill AB's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 4,094.69%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. CodeMill AB's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 2.55%.


CodeMill AB EBIT Historical Data

The historical data trend for CodeMill AB'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.

CodeMill AB EBIT Chart

CodeMill AB Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
EBIT
-6.75 -14.60 -26.86 -13.31 -2.33

CodeMill AB Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 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 -2.46 -1.86 -0.47 1.08 3.76

Competitive Comparison of CodeMill AB's EBIT

For the Software - Application subindustry, CodeMill AB'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.


CodeMill AB's EV-to-EBIT Distribution in the Software Industry

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

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



CodeMill AB 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 kr4.37 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.


CodeMill AB  (OSTO:CDMIL) EBIT Explanation

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

CodeMill AB'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 )
=15.02 * ( 1 - 0% )/( (75.612 + 77.586)/ 2 )
=15.02/76.599
=19.61 %

where

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

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

CodeMill AB'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 )
=15.048/( ( (0.384 + max(-11.592, 0)) + (0.351 + max(-27.425, 0)) )/ 2 )
=15.048/( ( 0.384 + 0.351 )/ 2 )
=15.048/0.3675
=4,094.69 %

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)
=(15.451 + 0 + 2.478) - (2.206 + 0 + 27.315)
=-11.592

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(6.846 + 0 + 0.1) - (3.438 + 0 + 30.933)
=-27.425

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:

CodeMill AB's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=4.372/171.727
=2.55 %

* 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.


CodeMill AB EBIT Related Terms

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


CodeMill AB (OSTO:CDMIL) Business Description

Traded in Other Exchanges
N/A
Address
Sodra Ersmarksgatan 7, Umea, SWE, 903 36
CodeMill AB is a technology company that offers software development and technical services for video and media companies. Codemill's customers are several of the major Hollywood players including ViacomCBS, TV companies such as BBC, ITV and ProSieben.Sat1, VOD / OTT platforms such as Joyn, as well as publishers and brands such as The Guardian.

CodeMill AB (OSTO:CDMIL) Headlines

No Headlines