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Saab AB (Saab AB) EBIT : $496 Mil (TTM As of Mar. 2024)


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What is Saab AB EBIT?

Saab AB's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was $101 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was $496 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Saab AB's annualized ROC % for the quarter that ended in Mar. 2024 was 5.56%. Saab AB's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 33.25%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Saab AB's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 4.11%.


Saab AB EBIT Historical Data

The historical data trend for Saab 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.

Saab AB EBIT Chart

Saab 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 307.03 166.92 315.64 301.21 481.98

Saab 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 91.92 105.21 90.85 199.56 100.56

Competitive Comparison of Saab AB's EBIT

For the Aerospace & Defense subindustry, Saab 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.


Saab AB's EV-to-EBIT Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Saab AB's EV-to-EBIT distribution charts can be found below:

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



Saab 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 $496 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.


Saab AB  (OTCPK:SAABF) EBIT Explanation

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

Saab 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 )
=451.432 * ( 1 - 22.3% )/( (6068.477 + 6544.524)/ 2 )
=350.762664/6306.5005
=5.56 %

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))
=8068.067 - 686.515 - ( 1313.075 - max(0, 3412.299 - 5361.586+1313.075))
=6068.477

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))
=8143.267 - 561.409 - ( 1037.334 - max(0, 3533.084 - 5376.274+1037.334))
=6544.524

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

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

Saab 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 )
=402.256/( ( (1175.226 + max(-615.835, 0)) + (1244.417 + max(-908.82, 0)) )/ 2 )
=402.256/( ( 1175.226 + 1244.417 )/ 2 )
=402.256/1209.8215
=33.25 %

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)
=(706.208 + 1636.445 + 351.448) - (686.515 + 0 + 2623.421)
=-615.835

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(677.917 + 1775.379 + 98.643) - (561.409 + 0 + 2899.35)
=-908.82

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=496.176/12063.674
=4.11 %

* 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.


Saab AB EBIT Related Terms

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Saab AB (Saab AB) Business Description

Address
Olof Palmes gata 17, 5th Floor, Stockholm, SWE, SE-111 22
Saab AB supplies products and services for military, defense, and civil security. The company operates within six segments: Aeronautics, Dynamics, Surveillance, Support and Services, Industrial Products and Services, and Kockums. Aeronautics involves the manufacturing of defense and commercial aerial systems. Dynamics produces combat weapons and defense training and management systems. The Surveillance segment supplies security services. Support and Services offers solutions related to civil and military missions. IPS creates traffic management technology and aviation parts. Kockums offers solutions for naval missions. Over three quarters of its sales are from the defense sector. The company sells to multiple geographic regions, but over half of its sales come from Europe.

Saab AB (Saab AB) Headlines

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