Thermal Energy International (FRA:EUW) EBIT : €1.82 Mil (TTM As of Nov. 2023)

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What is Thermal Energy International EBIT?

Thermal Energy International's earnings before interest and taxes (EBIT) for the three months ended in Nov. 2023 was €0.47 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Nov. 2023 was €1.82 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Thermal Energy International's annualized ROC % for the quarter that ended in Nov. 2023 was 29.45%. Thermal Energy International's annualized ROC (Joel Greenblatt) % for the quarter that ended in Nov. 2023 was 128.08%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Thermal Energy International's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Nov. 2023 was 5.33%.

Thermal Energy International EBIT Historical Data

The historical data trend for Thermal Energy International'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.

Thermal Energy International EBIT Chart

Thermal Energy International Annual Data

Trend

May14

May15

May16

May17

May18

May19

May20

May21

May22

May23

EBIT

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-0.17

-1.17

0.23

-1.04

0.78

Thermal Energy International Quarterly Data
	Feb19	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23
EBIT	Get a 7-Day Free Trial															-0.11	0.47	0.70	0.19	0.47

Competitive Comparison of Thermal Energy International's EBIT

For the Pollution & Treatment Controls subindustry, Thermal Energy International'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.

Thermal Energy International's EV-to-EBIT Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Thermal Energy International's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Thermal Energy International's EV-to-EBIT falls into.

Thermal Energy International 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 Nov. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was €1.82 Mil.

Thermal Energy International (FRA:EUW) EBIT Explanation

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

Thermal Energy International's annualized ROC % for the quarter that ended in Nov. 2023 is calculated as:

	ROC % (Q: Nov. 2023 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Aug. 2023 )	+	Invested Capital (Q: Nov. 2023 ))	/ count )
=	1.656 * ( 1 - 16.15% )	/	( (4.756	+	4.674)	/ 2 )
=	1.388556	/	4.715
=	29.45 %

where

	Invested Capital		(Q: Aug. 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	))
=	8.464	-	1.623	-	( 2.815	-	max(0, 4.543	-	6.628	+	2.815	))
=	4.756

	Invested Capital		(Q: Nov. 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	))
=	9.556	-	2.574	-	( 2.308	-	max(0, 5.341	-	7.695	+	2.308	))
=	4.674

Note: The Operating Income data used here is four times the quarterly (Nov. 2023) data.

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

Thermal Energy International's annualized ROC (Joel Greenblatt) % for the quarter that ended in Nov. 2023 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Nov. 2023 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Aug. 2023		Q: Nov. 2023
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	1.868	/	( ( (1.24 + max(-0.3, 0))	+	(1.325 + max(0.352, 0)) )	/	2 )
=	1.868	/	( ( 1.24	+	1.677 )	/	2 )
=	1.868	/	1.4585
=	128.08 %

where Working Capital is:

	Working Capital		(Q: Aug. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(1.898	+	1.179	+	0.336)	-	(1.623	+	1.757	+	0.333)
=	-0.3

	Working Capital		(Q: Nov. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(3.312	+	1.136	+	0.429)	-	(2.574	+	1.602	+	0.349)
=	0.352

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Nov. 2023) EBIT data.

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

Thermal Energy International's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Nov. 2023 )
	=	1.819	/	34.123
	=	5.33 %

Thermal Energy International EBIT Related Terms

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Thermal Energy International (FRA:EUW) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Thermal Energy International Inc (FRA:EUW) » Definitions » EBIT

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Traded in Other Exchanges

TMGEF:USA EUW:Germany TMG:Canada

Address

36 Antares Drive, Suite 850, Ottawa, ON, CAN, K2E 7W5

Website

https://www.thermalenergy.com

Thermal Energy International Inc is a supplier of proprietary, energy efficiency and emissions reduction solutions to the industrial and institutional sectors. It markets, sells, engineers, fabricates, constructs, installs and supports technology lines - heat recovery solutions and condensate return system solutions. The product portfolio consists of GEM steam traps, FLU-ACE - direct contact condensing heat recovery, and Dry Rex - low-temperature biomass drying systems. The operating segment includes geographical areas that reflect the core business which has units located in Ottawa, Canada and Bristol, UK. The firm derives revenue from Canada, the UK, Germany, France, Poland, India, etc and the rest of the world. Substantial sales revenue comes from the USA.

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