GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Nordex SE (LTS:0MEC) » Definitions » EBIT

Nordex SE (LTS:0MEC) EBIT : €-175 Mil (TTM As of Dec. 2023)


View and export this data going back to 2009. Start your Free Trial

What is Nordex SE EBIT?

Nordex SE's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2023 was €23 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was €-175 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Nordex SE's annualized ROC % for the quarter that ended in Dec. 2023 was -6.62%. Nordex SE's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 16.15%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Nordex SE's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -6.88%.


Nordex SE EBIT Historical Data

The historical data trend for Nordex SE'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.

Nordex SE EBIT Chart

Nordex SE 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 -11.53 -51.84 -100.99 -420.63 -175.40

Nordex SE 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 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 -95.36 -164.23 -39.57 5.88 22.52

Competitive Comparison of Nordex SE's EBIT

For the Specialty Industrial Machinery subindustry, Nordex SE'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.


Nordex SE's EV-to-EBIT Distribution in the Industrial Products Industry

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

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



Nordex SE 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 €-175 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.


Nordex SE  (LTS:0MEC) EBIT Explanation

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

Nordex SE'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 )
=57.212 * ( 1 - 519.25% )/( (3478.073 + 3768.376)/ 2 )
=-239.86131/3623.2245
=-6.62 %

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))
=4999.709 - 1649.117 - ( 687.252 - max(0, 3368.957 - 3241.476+687.252))
=3478.073

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))
=5422.031 - 1774.064 - ( 944.159 - max(0, 3673.165 - 3552.756+944.159))
=3768.376

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

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

Nordex SE'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 )
=90.096/( ( (561.193 + max(-1512.484, 0)) + (554.426 + max(-1804.851, 0)) )/ 2 )
=90.096/( ( 561.193 + 554.426 )/ 2 )
=90.096/557.8095
=16.15 %

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)
=(185.441 + 1138.088 + 460.1) - (1649.117 + 0 + 1646.996)
=-1512.484

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(197.102 + 1133.294 + 460.348) - (1774.064 + 0 + 1821.531)
=-1804.851

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:

Nordex SE's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2023 )
=-175.4/2548.019
=-6.88 %

* 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.


Nordex SE EBIT Related Terms

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


Nordex SE (LTS:0MEC) Business Description

Address
Langenhorner Chaussee 600, Hamburg, DEU, 22419
Nordex SE is a German company that develops, manufactures, services, and markets wind power systems. The company manages its activities via Projects and Service segments. The projects segment includes all activities associated with the development, production, assembly and commissioning of wind turbines and project development business. The services segment encompasses services and projects for existing turbines after their handover to customers. In particular, this includes technical services such as maintenance and remote monitoring of wind farms as well as repair and technical enhancements for existing turbines. The majority of the sales are done through the projects segment.
Executives
José Luis Blanco Diéguez Board of Directors

Nordex SE (LTS:0MEC) Headlines

No Headlines