CTS Eventim AG. KGaA (FRA:EVD) EBIT : €417 Mil (TTM As of Dec. 2023)

View and export this data going back to 2000. Start your Free Trial

What is CTS Eventim AG. KGaA EBIT?

CTS Eventim AG. KGaA's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2023 was €237 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was €417 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. CTS Eventim AG. KGaA's annualized ROC % for the quarter that ended in Dec. 2023 was 28.90%. CTS Eventim AG. KGaA's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 326.15%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. CTS Eventim AG. KGaA's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 6.60%.

CTS Eventim AG. KGaA EBIT Historical Data

The historical data trend for CTS Eventim AG. KGaA'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.

CTS Eventim AG. KGaA EBIT Chart

CTS Eventim AG. KGaA Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

EBIT

Get a 7-Day Free Trial

228.61

-97.97

145.68

346.28

416.51

CTS Eventim AG. KGaA Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
EBIT	Get a 7-Day Free Trial															216.62	65.03	83.25	31.37	236.87

Competitive Comparison of CTS Eventim AG. KGaA's EBIT

For the Entertainment subindustry, CTS Eventim AG. KGaA'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.

CTS Eventim AG. KGaA's EV-to-EBIT Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, CTS Eventim AG. KGaA's EV-to-EBIT distribution charts can be found below:

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

CTS Eventim AG. KGaA 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 quarterly data reported by the company within the most recent 12 months, which was €417 Mil.

CTS Eventim AG. KGaA (FRA:EVD) EBIT Explanation

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

CTS Eventim AG. KGaA'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: Sep. 2023 )	+	Invested Capital (Q: Dec. 2023 ))	/ count )
=	1047.352 * ( 1 - 36.16% )	/	( (2048.977	+	2577.981)	/ 2 )
=	668.6295168	/	2313.479
=	28.90 %

where

	Invested Capital		(Q: Sep. 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	))
=	2696.076	-	479.264	-	( 1294.212	-	max(0, 1556.379	-	1724.214	+	1294.212	))
=	2048.977

	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	))
=	3195.339	-	413.426	-	( 1703.601	-	max(0, 1945.767	-	2149.699	+	1703.601	))
=	2577.981

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

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

CTS Eventim AG. KGaA'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: Sep. 2023		Q: Dec. 2023
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	947.468	/	( ( (265.654 + max(-1174.881, 0))	+	(315.354 + max(-1511.915, 0)) )	/	2 )
=	947.468	/	( ( 265.654	+	315.354 )	/	2 )
=	947.468	/	290.504
=	326.15 %

where Working Capital is:

	Working Capital		(Q: Sep. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(120.104	+	12.229	+	228.344)	-	(479.264	+	0	+	1056.294)
=	-1174.881

	Working Capital		(Q: Dec. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(166.335	+	14.245	+	230.34)	-	(413.426	+	0	+	1509.409)
=	-1511.915

When net working capital is negative, 0 is used.

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

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

CTS Eventim AG. KGaA's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Dec. 2023 )
	=	416.513	/	6306.743
	=	6.60 %

CTS Eventim AG. KGaA EBIT Related Terms

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

CTS Eventim AG. KGaA (FRA:EVD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » CTS Eventim AG & Co. KGaA (FRA:EVD) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

CEVMY:USA CEVMF:USA EVDd:UK 0EEE:UK EVD:Germany EVD:Austria

Address

Contrescarpe 75 A, Bremen, HB, DEU, 28195

Website

https://www.eventim.de

CTS Eventim AG & Co. KGaA is a diversified media company that focuses on the ticketing market. The business is divided into two segments, ticketing, and live entertainment. The ticketing segment produces, sells, and distributes tickets for a variety of leisure-based events. The company sells tickets for concerts, sports, theater events, and provides travel services as well. The live entertainment business segment plans and organizes tour events, largely for music-based concerts. The company generates the vast majority of its revenue in Germany.

CTS Eventim AG. KGaA (FRA:EVD) Headlines

No Headlines