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Montupet (Montupet) EBIT : $69.17 Mil (TTM As of Jun. 2015)


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What is Montupet EBIT?

Montupet's earnings before interest and taxes (EBIT) for the six months ended in Jun. 2015 was $41.27 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2015 was $69.17 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Montupet's annualized ROC % for the quarter that ended in Jun. 2015 was 16.55%. Montupet's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2015 was 25.37%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield.


Montupet EBIT Historical Data

The historical data trend for Montupet'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.

Montupet EBIT Chart

Montupet Annual Data
Trend Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 19.31 29.17 43.19 60.73 71.01

Montupet Semi-Annual Data
Dec02 Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15
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 31.26 28.26 47.51 27.89 41.27

Competitive Comparison of Montupet's EBIT

For the Auto Parts subindustry, Montupet'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.


Montupet's EV-to-EBIT Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Montupet's EV-to-EBIT distribution charts can be found below:

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



Montupet 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. 2015 adds up the semi-annually data reported by the company within the most recent 12 months, which was $69.17 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.


Montupet  (OTCPK:MNTPF) EBIT Explanation

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

Montupet's annualized ROC % for the quarter that ended in Jun. 2015 is calculated as:

ROC % (Q: Jun. 2015 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2014 ) + Invested Capital (Q: Jun. 2015 ))/ count )
=82.546 * ( 1 - 18.32% )/( (410.554 + 404.335)/ 2 )
=67.4235728/407.4445
=16.55 %

where

Invested Capital(Q: Dec. 2014 )
=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))
=532.256 - 95.527 - ( 26.175 - max(0, 134.874 - 243.322+26.175))
=410.554

Invested Capital(Q: Jun. 2015 )
=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))
=544.363 - 105.506 - ( 34.522 - max(0, 147.045 - 269.474+34.522))
=404.335

Note: The Operating Income data used here is two times the semi-annual (Jun. 2015) data.

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

Montupet's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2015 is calculated as:

ROC (Joel Greenblatt) %(Q: Jun. 2015 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2014  Q: Jun. 2015
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=82.546/( ( (229.152 + max(100.673, 0)) + (217.462 + max(103.468, 0)) )/ 2 )
=82.546/( ( 329.825 + 320.93 )/ 2 )
=82.546/325.3775
=25.37 %

where Working Capital is:

Working Capital(Q: Dec. 2014 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 96.543 + 120.604) - (95.527 + 0 + 20.947)
=100.673

Working Capital(Q: Jun. 2015 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 93.359 + 141.593) - (105.506 + 0 + 25.978)
=103.468

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Jun. 2015) EBIT data.

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jun. 2015 )
=69.166/0.000
= %

* 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.


Montupet EBIT Related Terms

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Montupet (Montupet) Business Description

Traded in Other Exchanges
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Montupet is engaged in the design and production of machined castings for the automobile. It offers cylinder heads, cylinder blocks, and induction pipes; and structural, suspension, and braking parts.

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