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Enaex (XSGO:ENAEX) EBIT : CLP222,640 Mil (TTM As of Dec. 2023)


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What is Enaex EBIT?

Enaex's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2023 was CLP59,911 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was CLP222,640 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Enaex's annualized ROC % for the quarter that ended in Dec. 2023 was 14.69%. Enaex's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 27.47%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Enaex's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 11.00%.


Enaex EBIT Historical Data

The historical data trend for Enaex'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.

Enaex EBIT Chart

Enaex 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 94,963.62 94,585.48 129,587.53 217,331.67 228,781.86

Enaex 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 49,303.39 45,955.79 45,126.67 71,646.71 59,910.56

Competitive Comparison of Enaex's EBIT

For the Specialty Chemicals subindustry, Enaex'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.


Enaex's EV-to-EBIT Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Enaex's EV-to-EBIT distribution charts can be found below:

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



Enaex 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 CLP222,640 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.


Enaex  (XSGO:ENAEX) EBIT Explanation

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

Enaex'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 )
=251856.548 * ( 1 - 28.77% )/( (1207217.105 + 1235688.64)/ 2 )
=179397.4191404/1221452.8725
=14.69 %

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))
=1633645.903 - 210092.149 - ( 216336.649 - max(0, 511237.38 - 777417.581+216336.649))
=1207217.105

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))
=1660975.033 - 211788.142 - ( 213498.251 - max(0, 524313.839 - 808224.236+213498.251))
=1235688.64

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

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

Enaex'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 )
=239642.232/( ( (583142.534 + max(284298.864, 0)) + (575569.971 + max(301969.113, 0)) )/ 2 )
=239642.232/( ( 867441.398 + 877539.084 )/ 2 )
=239642.232/872490.241
=27.47 %

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)
=(317653.345 + 192831.358 + 47156.585) - (210092.149 + 0 + 63250.275)
=284298.864

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(343158.385 + 199120.765 + 39775.966) - (211788.142 + 0 + 68297.861)
=301969.113

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2023 )
=222639.721/2023398.524
=11.00 %

* 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.


Enaex EBIT Related Terms

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Enaex (XSGO:ENAEX) Business Description

Traded in Other Exchanges
N/A
Address
El Trovador No. 4253, Las Condes, Santiago, CHL
Enaex SA is a producer of low-density ammonium nitrate. In addition, the company also provides integral rock fragmentation services for the mining in Chile and Latin America. The company's product families are broken down into five categories: raw materials for explosives, blasting agent, high explosives, initiation systems, and accessories. It also offers comprehensive blasting service for mining and civil works and an integral service of administration of powder magazines and plants. It also provides services to the main open-pit and underground mining companies that operate in Chile, Argentina, Mexico, Japan, Australia, Brazil, Colombia, and Peru.

Enaex (XSGO:ENAEX) Headlines

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