Mattr (MTTRF) EBIT : $68.4 Mil (TTM As of Dec. 2023)

View and export this data going back to 1996. Start your Free Trial

What is Mattr EBIT?

Mattr's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2023 was $2.8 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was $68.4 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Mattr's annualized ROC % for the quarter that ended in Dec. 2023 was -7.20%. Mattr's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 3.53%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Mattr's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 9.27%.

Mattr EBIT Historical Data

The historical data trend for Mattr'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.

Mattr EBIT Chart

Mattr Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

EBIT

Get a 7-Day Free Trial

-35.29

-156.35

-36.05

81.09

62.92

Mattr 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															8.36	26.84	19.15	19.56	2.79

Competitive Comparison of Mattr's EBIT

For the Oil & Gas Equipment & Services subindustry, Mattr'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.

Mattr's EV-to-EBIT Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Mattr's EV-to-EBIT distribution charts can be found below:

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

Mattr 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 $68.4 Mil.

Mattr (OTCPK:MTTRF) EBIT Explanation

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

Mattr'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 )
=	65.02 * ( 1 - 187.85% )	/	( (1022.871	+	563.928)	/ 2 )
=	-57.12007	/	793.3995
=	-7.20 %

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	))
=	1232.299	-	137.019	-	( 72.409	-	max(0, 452.839	-	778.832	+	72.409	))
=	1022.871

	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	))
=	952.817	-	139.887	-	( 249.002	-	max(0, 208.191	-	474.679	+	249.002	))
=	563.928

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

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

Mattr'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 )
=	11.176	/	( ( (168.888 + max(255.097, 0))	+	(208.986 + max(0.76699999999993, 0)) )	/	2 )
=	11.176	/	( ( 423.985	+	209.753 )	/	2 )
=	11.176	/	316.869
=	3.53 %

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)
=	(129.554	+	100.623	+	470.236)	-	(137.019	+	23.544	+	284.753)
=	255.097

	Working Capital		(Q: Dec. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(103.634	+	91.336	+	5.5429999999999)	-	(139.887	+	29.438	+	30.421)
=	0.76699999999993

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:

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

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Dec. 2023 )
	=	68.351	/	737.420
	=	9.27 %

Mattr EBIT Related Terms

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

Mattr (MTTRF) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Mattr Corp (OTCPK:MTTRF) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

Y6R:Germany MATR:Canada

Address

25 Bethridge Road, Toronto, ON, CAN, M9W 1M7

Website

https://www.mattr.com

Mattr Corp is a global materials technology company broadly serving critical infrastructure markets, including transportation, communication, water management, energy, and electrification. The company operates through a network of fixed and mobile manufacturing facilities. Its three business segments are Composite Technologies, Connection Technologies, and Pipeline & Pipe Services enable responsible renewal and enhancement of critical infrastructure while lowering risk and environmental impact.