GURUFOCUS.COM » STOCK LIST » Technology » Software » Prevas AB (OSTO:PREV B) » Definitions » EBIT

Prevas AB (OSTO:PREV B) EBIT : kr152 Mil (TTM As of Mar. 2024)


View and export this data going back to 1998. Start your Free Trial

What is Prevas AB EBIT?

Prevas AB's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was kr52 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was kr152 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Prevas AB's annualized ROC % for the quarter that ended in Mar. 2024 was 17.79%. Prevas AB's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 135.45%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Prevas AB's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 8.97%.


Prevas AB EBIT Historical Data

The historical data trend for Prevas 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.

Prevas AB EBIT Chart

Prevas AB 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 44.75 61.60 129.76 156.80 164.19

Prevas AB 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 64.65 40.26 38.23 21.05 52.22

Competitive Comparison of Prevas AB's EBIT

For the Information Technology Services subindustry, Prevas 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.


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

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

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



Prevas 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 kr152 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.


Prevas AB  (OSTO:PREV B) EBIT Explanation

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

Prevas 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 )
=208.86 * ( 1 - 25.14% )/( (778.564 + 978.895)/ 2 )
=156.352596/878.7295
=17.79 %

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))
=1060.366 - 169.474 - ( 112.328 - max(0, 346.522 - 553.367+112.328))
=778.564

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

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

Prevas 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 )
=208.86/( ( (63.966 + max(22.041, 0)) + (60.207 + max(162.176, 0)) )/ 2 )
=208.86/( ( 86.007 + 222.383 )/ 2 )
=208.86/154.195
=135.45 %

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)
=(289.554 + 13.179 + 19.41) - (169.474 + 0 + 130.628)
=22.041

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(455.98 + 11.088 + -1.1368683772162E-13) - (0 + 0 + 304.892)
=162.176

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=151.754/1690.891
=8.97 %

* 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.


Prevas AB EBIT Related Terms

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


Prevas AB (OSTO:PREV B) Business Description

Traded in Other Exchanges
Address
Glodgargrand 14, Box 4, Vasteras, SWE, 72103
Prevas AB is a Sweden-based information technology (IT) company that offers solutions, services, and products to customers, who develop products with high IT content, and need to streamline and automate their operations. The company's products are segmented as automotive, products and units, steel and minerals, defense, energy, life science, manufacturing, engineering, and telecom industries.

Prevas AB (OSTO:PREV B) Headlines

No Headlines