Aalberts NV (WBO:AALB) EBIT : €460 Mil (TTM As of Dec. 2023)

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What is Aalberts NV EBIT?

Aalberts NV's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2023 was €233 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was €460 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Aalberts NV's annualized ROC % for the quarter that ended in Dec. 2023 was 8.36%. Aalberts NV's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 25.54%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Aalberts NV's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 8.35%.

Aalberts NV EBIT Historical Data

The historical data trend for Aalberts NV'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.

Aalberts NV EBIT Chart

Aalberts NV Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

EBIT

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322.90

184.40

507.40

445.90

459.60

Aalberts NV Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
EBIT	Get a 7-Day Free Trial															315.00	213.50	232.40	226.90	232.70

Competitive Comparison of Aalberts NV's EBIT

For the Specialty Industrial Machinery subindustry, Aalberts NV'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.

Aalberts NV's EV-to-EBIT Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Aalberts NV's EV-to-EBIT distribution charts can be found below:

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

Aalberts NV 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 semi-annually data reported by the company within the most recent 12 months, which was €460 Mil.

Aalberts NV (WBO:AALB) EBIT Explanation

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

Aalberts NV'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: Jun. 2023 )	+	Invested Capital (Q: Dec. 2023 ))	/ count )
=	393.8 * ( 1 - 24.29% )	/	( (3736.2	+	3398)	/ 2 )
=	298.14598	/	3567.1
=	8.36 %

where

	Invested Capital		(Q: Jun. 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	))
=	4282.5	-	472.3	-	( 74	-	max(0, 1092.9	-	1551.5	+	74	))
=	3736.2

	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	))
=	4138.3	-	620.6	-	( 119.7	-	max(0, 895.3	-	1430.9	+	119.7	))
=	3398

Note: The Operating Income data used here is two times the semi-annual (Dec. 2023) data.

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

Aalberts NV'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: Jun. 2023		Q: Dec. 2023
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	465.4	/	( ( (1206.7 + max(647.5, 0))	+	(1245.4 + max(544.8, 0)) )	/	2 )
=	465.4	/	( ( 1854.2	+	1790.2 )	/	2 )
=	465.4	/	1822.2
=	25.54 %

where Working Capital is:

	Working Capital		(Q: Jun. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(473.3	+	881.3	+	122.9)	-	(472.3	+	0	+	357.7)
=	647.5

	Working Capital		(Q: Dec. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(392.4	+	822.6	+	39.4)	-	(620.6	+	0	+	89)
=	544.8

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Dec. 2023) EBIT data.

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

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

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Dec. 2023 )
	=	459.6	/	5503.715
	=	8.35 %

Aalberts NV EBIT Related Terms

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Aalberts NV (WBO:AALB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Aalberts NV (WBO:AALB) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

AALBF:USA AALB:Netherlands 0NX1:UK AACA:Germany

Address

Stadsplateau 18, WTC Utrecht, Utrecht, UT, NLD, NL-3521

Website

https://www.aalberts.com

Aalberts NV develops technologies and projects to enhance building and product efficiencies. It offers valve and control technologies, specialized manufacturing processes, and piping systems to distribute water and gas. The firm has two operating segments: Building Technology and Industrial Technology. The services provided rely on technology know-how and a global network of locations to provide informed and timely responses. Aalberts has an extended portfolio of metal and plastic for new builds, renovations, and repairs to existing structures.

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