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Tiffany (Tiffany) EBIT : $407 Mil (TTM As of Oct. 2020)


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What is Tiffany EBIT?

Tiffany's earnings before interest and taxes (EBIT) for the three months ended in Oct. 2020 was $159 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Oct. 2020 was $407 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Tiffany's annualized ROC % for the quarter that ended in Oct. 2020 was 9.85%. Tiffany's annualized ROC (Joel Greenblatt) % for the quarter that ended in Oct. 2020 was 13.49%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Tiffany's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Oct. 2020 was 2.32%.


Tiffany EBIT Historical Data

The historical data trend for Tiffany'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.

Tiffany EBIT Chart

Tiffany Annual Data
Trend Jan11 Jan12 Jan13 Jan14 Jan15 Jan16 Jan17 Jan18 Jan19 Jan20
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 758.90 722.60 802.50 783.20 728.80

Tiffany Quarterly Data
Jan16 Apr16 Jul16 Oct16 Jan17 Apr17 Jul17 Oct17 Jan18 Apr18 Jul18 Oct18 Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20
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 114.30 267.40 -80.00 60.50 159.30

Competitive Comparison of Tiffany's EBIT

For the Luxury Goods subindustry, Tiffany'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.


Tiffany's EV-to-EBIT Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Tiffany's EV-to-EBIT distribution charts can be found below:

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



Tiffany 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. 2020 adds up the quarterly data reported by the company within the most recent 12 months, which was $407 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.


Tiffany  (NYSE:TIF) EBIT Explanation

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

Tiffany's annualized ROC % for the quarter that ended in Oct. 2020 is calculated as:

ROC % (Q: Oct. 2020 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jul. 2020 ) + Invested Capital (Q: Oct. 2020 ))/ count )
=660 * ( 1 - 19.92% )/( (5399.1 + 5327.1)/ 2 )
=528.528/5363.1
=9.85 %

where

Note: The Operating Income data used here is four times the quarterly (Oct. 2020) data.

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

Tiffany's annualized ROC (Joel Greenblatt) % for the quarter that ended in Oct. 2020 is calculated as:

ROC (Joel Greenblatt) %(Q: Oct. 2020 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jul. 2020  Q: Oct. 2020
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=637.2/( ( (2211.3 + max(2544.7, 0)) + (2220.3 + max(2472.9, 0)) )/ 2 )
=637.2/( ( 4756 + 4693.2 )/ 2 )
=637.2/4724.6
=13.49 %

where Working Capital is:

Working Capital(Q: Jul. 2020 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(196.6 + 2510.4 + 314.4) - (413.5 + 63.2 + -2.2737367544323E-13)
=2544.7

Working Capital(Q: Oct. 2020 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(200.3 + 2485.1 + 318.8) - (462.5 + 68.8 + 0)
=2472.9

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Oct. 2020) EBIT data.

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Oct. 2020 )
=407.2/17563.080
=2.32 %

* 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.


Tiffany EBIT Related Terms

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Tiffany (Tiffany) Business Description

Traded in Other Exchanges
N/A
Address
200 Fifth Avenue, New York, NY, USA, 10010
Tiffany is a monobrand jeweler with a 180-year history. It is vertically integrated, with around 60% of jewellery produced internally. Tiffany is present in over 20 countries globally, with over 300 own stores. Its biggest market is its home market, the U.S.; however, Europe and Asia-Pacific have shown the strongest growth in recent years. Engagement jewellery contributes 26% of sales, the remainder being designer jewellery and other collections.
Executives
Alessandro Bogliolo director, officer: Chief Executive Officer 727 FIFTH AVENUE, NEW YORK NY 10022
Gretchen Koback-pursel officer: Senior Vice President 200 FIFTH AVENUE NEW YORK NY 10010
Andrea Davey officer: Senior Vice President 200 FIFTH AVENUE NEW YORK NY 10010
Philippe Galtie officer: Senior Vice President 200 FIFTH AVENUE NEW YORK NY 10010
Leigh M. Harlan officer: SENIOR VICE PRESIDENT 200 FIFTH AVENUE NEW YORK NY 10010
Mark J Erceg officer: Principal Financial Officer 248 E. SKYLINE DRIVE, WASHINGTON UT 84780
Andrew W. Hart officer: SENIOR VICE PRESIDENT TIFFANY & CO. 727 FIFTH AVENUE NEW YORK NY 10022
Daniella Vitale officer: Executive Vice President 200 FIFTH AVENUE NEW YORK NY 10010
Francesco Trapani director 727 FIFTH AVENUE NEW YORK NY 10022
Abby F Kohnstamm director C/O TIFFANY & CO., CORP. SECRETARY'S DEPT., 600 MADISON AV, NEW YORK NY 10022
Hafize Gaye Erkan director 727 FIFTH AVENUE, NEW YORK NY 10022
Hudis Jane Hertzmark director C/O THE ESTEE LAUDER COMPANIES INC., 767 FIFTH AVENUE, NEW YORK NY 10153
Lawrence K Fish director ONE CITIZENS PLAZA, PROVIDENCE RI 02903
William A Shutzer director C/O TIFFANY & CO LEGAL DEPT, 727 FIFTH AVE, NEW YORK NY 10022
Pamela H Cloud officer: Senior Vice President TIFFANY & CO. 727 FIFTH AVENUE NEW YORK NY 10022

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