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Frequentis AG (XTER:FQT) EBIT : €27.9 Mil (TTM As of Dec. 2023)


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What is Frequentis AG EBIT?

Frequentis AG's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2023 was €27.6 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was €27.9 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Frequentis AG's annualized ROC % for the quarter that ended in Dec. 2023 was 16.72%. Frequentis AG's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 99.42%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Frequentis AG's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 7.75%.


Frequentis AG EBIT Historical Data

The historical data trend for Frequentis AG'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.

Frequentis AG EBIT Chart

Frequentis AG Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EBIT
Get a 7-Day Free Trial 17.80 -3.81 28.53 25.48 27.86

Frequentis AG Semi-Annual Data
Dec16 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 22.88 -0.38 25.86 0.30 27.57

Competitive Comparison of Frequentis AG's EBIT

For the Communication Equipment subindustry, Frequentis AG'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.


Frequentis AG's EV-to-EBIT Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Frequentis AG's EV-to-EBIT distribution charts can be found below:

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



Frequentis AG 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 Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was €27.9 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.


Frequentis AG  (XTER:FQT) EBIT Explanation

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

Frequentis AG's annualized ROC % for the quarter that ended in Dec. 2023 is calculated as:

ROC % (Q: Dec. 2023 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jun. 2023 ) + Invested Capital (Q: Dec. 2023 ))/ count )
=55.448 * ( 1 - 23.34% )/( (246.842 + 261.655)/ 2 )
=42.5064368/254.2485
=16.72 %

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))
=371.072 - 24.133 - ( 85.284 - max(0, 142.398 - 277.103+85.284))
=261.655

Note: The Operating Income data used here is two times the semi-annual (Dec. 2023) data.

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

Frequentis AG's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 is calculated as:

ROC (Joel Greenblatt) %(Q: Dec. 2023 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2023  Q: Dec. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=55.132/( ( (55.018 + max(-18.977, 0)) + (55.888 + max(-10.425, 0)) )/ 2 )
=55.132/( ( 55.018 + 55.888 )/ 2 )
=55.132/55.453
=99.42 %

where Working Capital is:

Working Capital(Q: Jun. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(63.927 + 31.099 + 20.277) - (29.349 + 0 + 104.931)
=-18.977

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(81.029 + 25.238 + 14.768) - (24.133 + 0 + 107.327)
=-10.425

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Dec. 2023) EBIT data.

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

Frequentis AG's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2023 )
=27.861/359.423
=7.75 %

* 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.


Frequentis AG EBIT Related Terms

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Frequentis AG (XTER:FQT) Business Description

Traded in Other Exchanges
Address
Innovationstrasse 1, Vienna, AUT, 1100
Frequentis AG provides communication and information solutions for safety-critical applications. The company serves the air traffic management sector; public safety, public transport; and maritime markets. It offers Custom-tailored control center solutions through the operating segments of Air Traffic Management (ATM); Public Safety and Transport. It derives a majority of its revenue from the Air Traffic Management segment whose main customers are civil and military air traffic control organizations and homeland security authorities. Public Safety and Transport segment comprise the public safety, public transport, and maritime business units. The order intake is majorly from the European market.

Frequentis AG (XTER:FQT) Headlines

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