Vince Holding (STU:VNC1) EBIT

: €25.1 Mil (TTM As of Oct. 2023)

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Vince Holding's earnings before interest and taxes (EBIT) for the three months ended in Oct. 2023 was €2.7 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Oct. 2023 was €25.1 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Vince Holding's annualized ROC % for the quarter that ended in Oct. 2023 was 2.21%. Vince Holding's annualized ROC (Joel Greenblatt) % for the quarter that ended in Oct. 2023 was 8.05%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Vince Holding's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Oct. 2023 was 14.69%.

Vince Holding EBIT Historical Data

The historical data trend for Vince Holding'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.

Vince Holding Annual Data

Trend

Jan14

Jan15

Jan16

Jan17

Jan18

Jan19

Jan20

Jan21

Jan22

Jan23

EBIT

4.49

31.94

-48.26

0.43

-23.59

Vince Holding Quarterly Data
	Jan19	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23
EBIT																-9.54	-5.14	-2.17	29.70	2.68

Competitive Comparison

For the Apparel Manufacturing subindustry, Vince Holding'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.

Vince Holding EV-to-EBIT Distribution

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

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

Vince Holding 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 Oct. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was €25.1 Mil.

Vince Holding (STU:VNC1) EBIT Explanation

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

Vince Holding's annualized ROC % for the quarter that ended in Oct. 2023 is calculated as:

	ROC % (Q: Oct. 2023 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Jul. 2023 )	+	Invested Capital (Q: Oct. 2023 ))	/ count )
=	10.716 * ( 1 - 60.86% )	/	( (190.347	+	188.524)	/ 2 )
=	4.1942424	/	189.4355
=	2.21 %

where

	Invested Capital		(Q: Jul. 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	))
=	237.197	-	46.064	-	( 0.786	-	max(0, 62.562	-	106.631	+	0.786	))
=	190.347

	Invested Capital		(Q: Oct. 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	))
=	232.292	-	42.616	-	( 1.152	-	max(0, 60.114	-	98.671	+	1.152	))
=	188.524

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

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

Vince Holding's annualized ROC (Joel Greenblatt) % for the quarter that ended in Oct. 2023 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Oct. 2023 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Jul. 2023		Q: Oct. 2023
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	10.716	/	( ( (75.602 + max(59.781, 0))	+	(75.989 + max(54.903, 0)) )	/	2 )
=	10.716	/	( ( 135.383	+	130.892 )	/	2 )
=	10.716	/	133.1375
=	8.05 %

where Working Capital is:

	Working Capital		(Q: Jul. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(18.857	+	76.911	+	10.077)	-	(46.064	+	0	+	0)
=	59.781

	Working Capital		(Q: Oct. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(26.832	+	65.873	+	4.814)	-	(42.616	+	0	+	-7.105427357601E-15)
=	54.903

When net working capital is negative, 0 is used.

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

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

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

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Oct. 2023 )
	=	25.069	/	170.672
	=	14.69 %

Vince Holding EBIT Related Terms

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Vince Holding (STU:VNC1) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Vince Holding Corp (STU:VNC1) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

VNCE:USA

Address

500 5th Avenue, 20th Floor, New York, NY, USA, 10110

Website

https://www.vince.com

Vince Holding Corp is a fashion brand that is engaged in wholesale and retail delivery of luxury essentials like women's and men's apparel, women's and men's footwear, and handbags. Its offers women's collections of luxurious cashmere sweaters and silk blouses, leather and suede leggings and jackets, dresses, denim, pants, tanks and t-shirts, and a growing assortment of outerwear. It focuses on developing an elevated collection of Vince apparel and accessories to serve the luxurious need of the customer. The company manages its business in three segments namely Vince Wholesale, Vince Direct-to-consumer, and Rebecca Taylor and Parker segment. It operates its e-commerce business through its website. Majority of its revenue generated from Vince Wholesale segment.

Vince Holding (STU:VNC1) Headlines

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