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Gentherm (Gentherm) EBIT : $47 Mil (TTM As of Dec. 2023)


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What is Gentherm EBIT?

Gentherm's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2023 was $1 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was $47 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Gentherm's annualized ROC % for the quarter that ended in Dec. 2023 was 16.44%. Gentherm's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 0.81%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Gentherm's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 2.76%.


Gentherm EBIT Historical Data

The historical data trend for Gentherm'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.

Gentherm EBIT Chart

Gentherm 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 63.91 86.12 116.61 42.68 69.60

Gentherm 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 -2.63 15.84 5.22 24.84 0.94

Competitive Comparison of Gentherm's EBIT

For the Auto Parts subindustry, Gentherm'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.


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

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

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



Gentherm 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 $47 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.


Gentherm  (NAS:THRM) EBIT Explanation

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

Gentherm'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 )
=132.12 * ( 1 - -5.03% )/( (842.801 + 845.599)/ 2 )
=138.765636/844.2
=16.44 %

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))
=1225.597 - 228.442 - ( 154.354 - max(0, 312.303 - 700.626+154.354))
=842.801

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))
=1234.371 - 239.099 - ( 149.673 - max(0, 324.953 - 687.564+149.673))
=845.599

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

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

Gentherm'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 )
=3.752/( ( (264.102 + max(204.726, 0)) + (272.592 + max(182.594, 0)) )/ 2 )
=3.752/( ( 468.828 + 455.186 )/ 2 )
=3.752/462.007
=0.81 %

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)
=(263.765 + 205.856 + 39.155) - (228.442 + 0 + 75.608)
=204.726

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(253.579 + 205.892 + 39.755) - (239.099 + 0 + 77.533)
=182.594

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2023 )
=46.836/1696.320
=2.76 %

* 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.


Gentherm EBIT Related Terms

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


Gentherm (Gentherm) Business Description

Traded in Other Exchanges
Address
21680 Haggerty Road, Northville, MI, USA, 48167
Gentherm Inc is an automotive parts manufacturer. The business activities of the group function through the Automotive and Medical segments. The vast majority of the firm's revenue comes from the Automotive segment, which includes automotive climate comfort systems, automotive cable systems, battery performance solutions, and automotive electronics and software systems. The medical segment is comprised of the results from the patient temperature management business in the medical industry. Its geographical segments are the United States, China, South Korea, Germany, Japan, the Czech Republic, and other countries.
Executives
Kenneth E Washington director 6555 STATE HWY 161, IRVING TX 75039
Thomas Stocker officer: SVP and General Manager 21680 HAGGERTY ROAD, NORTHVILLE MI 48167
Rafael Barkas officer: SVP, Global Ops & Supply Chain 21680 HAGGERTY ROAD, NORTHVILLE MI 48167
Vishnu Sundaram officer: Chief Technology Officer 21680 HAGGERTY ROAD, NORTHVILLE MI 48167
Kauffman Wayne S Iii officer: VP and General Counsel 21680 HAGGERTY ROAD, NORTHVILLE MI 48167
Breisacher Nicholas officer: Chief Accounting Officer 21680 HAGGERTY ROAD, NORTHVILLE MI 48167
Barbara J Runyon officer: Chief Human Resources Officer 21680 HAGGERTY ROAD, NORTHVILLE MI 48167
Matthew Fisch officer: SVP & Chief Technology Officer 21680 HAGGERTY ROAD, NORTHVILLE MI 48167
Yijing Brentano officer: Senior VP IR and Corp Comm 21680 HAGGERTY ROAD, NORTHVILLE MI 48167
Phillip Eyler director, officer: Chief Executive Officer C/O HARMAN INTERNATIONAL INDUSTRIES, INC, 400 ATLANTIC STREET, STAMFORD CT 06901
Jaymi Wilson officer: SVP, Global Sales 21680 HAGGERTY ROAD, NORTHVILLE MI 48167
Jennifer L. Zoldos officer: Chief Accounting Officer 21680 HAGGERTY ROAD, NORTHVILLE MI 48167
Paul Cameron Giberson officer: Sr. VP Sales 21680 HAGGERTY ROAD, NORTHVILLE MI 48167
Matteo Anversa officer: Ex VP, CFO & Treasurer 1293 SOUTH MAIN STREET, AKRON OH 44301
Elizabeth Meter director 21680 HAGGERTY ROAD, NORTHVILLE MI 48167