Moncler SpA (MIL:MONC) EBIT : €894 Mil (TTM As of Jun. 2023)

View and export this data going back to 2013. Start your Free Trial

What is Moncler SpA EBIT?

Moncler SpA's earnings before interest and taxes (EBIT) for the six months ended in Jun. 2023 was €222 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2023 was €894 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Moncler SpA's annualized ROC % for the quarter that ended in Jun. 2023 was 9.26%. Moncler SpA's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2023 was 39.83%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Moncler SpA's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2023 was 4.98%.

Moncler SpA EBIT Historical Data

The historical data trend for Moncler SpA'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.

Moncler SpA EBIT Chart

Moncler SpA Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

EBIT

Get a 7-Day Free Trial

492.47

368.54

580.95

773.60

893.84

Moncler SpA Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
EBIT	Get a 7-Day Free Trial															496.81	181.12	592.48	222.26	671.58

Competitive Comparison of Moncler SpA's EBIT

For the Apparel Manufacturing subindustry, Moncler SpA'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.

Moncler SpA's EV-to-EBIT Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Moncler SpA's EV-to-EBIT distribution charts can be found below:

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

Moncler SpA 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 Jun. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was €894 Mil.

Moncler SpA (MIL:MONC) EBIT Explanation

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

Moncler SpA's annualized ROC % for the quarter that ended in Jun. 2023 is calculated as:

	ROC % (Q: Jun. 2023 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Dec. 2022 )	+	Invested Capital (Q: Jun. 2023 ))	/ count )
=	435.586 * ( 1 - 29.6% )	/	( (3289.161	+	3332.473)	/ 2 )
=	306.652544	/	3310.817
=	9.26 %

where

	Invested Capital		(Q: Dec. 2022 )
=	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	))
=	4639.312	-	692.868	-	( 882.254	-	max(0, 963.713	-	1620.996	+	882.254	))
=	3289.161

	Invested Capital		(Q: Jun. 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	))
=	4313.318	-	539.292	-	( 488.518	-	max(0, 813.211	-	1254.764	+	488.518	))
=	3332.473

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

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

Moncler SpA's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2023 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Jun. 2023 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Dec. 2022		Q: Jun. 2023
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	444.51	/	( ( (1074.49 + max(-78.253, 0))	+	(1082.376 + max(74.894, 0)) )	/	2 )
=	444.51	/	( ( 1074.49	+	1157.27 )	/	2 )
=	444.51	/	1115.88
=	39.83 %

where Working Capital is:

	Working Capital		(Q: Dec. 2022 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(296.55	+	377.549	+	17.291)	-	(692.868	+	0	+	76.775)
=	-78.253

	Working Capital		(Q: Jun. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(177.849	+	486.797	+	37.785)	-	(539.292	+	0	+	88.245)
=	74.894

When net working capital is negative, 0 is used.

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

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

Moncler SpA's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Jun. 2023 )
	=	893.839	/	17940.658
	=	4.98 %

Moncler SpA EBIT Related Terms

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

Moncler SpA (MIL:MONC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Moncler SpA (MIL:MONC) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

MONRY:USA MONRF:USA MONC:Mexico MONCm:UK 0QII:UK MOV:Germany MONC:Austria

Address

Via Stendhal, 47, Milan, ITA, 20144

Website

https://www.monclergroup.com

Moncler consists of its namesake brand and Stone Island (acquired in 2021). The Moncler brand is one of the leading players in luxury outerwear. It is globally present with 36% of sales generated in Europe, the Middle East, and Africa, 17% in the Americas, and 47% in Asia and rest of the world. Most of the company's sales are direct to consumer, with almost 80% generated through the own-retail channel. Around 75%-80% of revenue is generated in the core outerwear segment, with the remainder in the accessory, knitwear, and footwear categories. Stone Island contributed around 15% of revenue in 2022.

Moncler SpA (MIL:MONC) Headlines

No Headlines