NVL (Novelis) EBIT per Share: $1.43 (TTM As of Mar. 2024)


What is Novelis EBIT per Share?

Novelis NVL EBIT per Share is $1.43 as of Mar. 2024.

Novelis's EBIT per Share for the three months ended in Mar. 2024 was $0.49. Its EBIT per Share for the trailing twelve months (TTM) ended in Mar. 2024 was $1.43.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the EBIT per Share growth rate using EBIT per Share data.

The historical rank and industry rank for Novelis's EBIT per Share or its related term are showing as below:

NVL's 3-Year EBIT Growth Rate is not ranked *
in the Metals & Mining industry.
Industry Median: 16.4
* Ranked among companies with meaningful 3-Year EBIT Growth Rate only.

Novelis's EBIT for the three months ended in Mar. 2024 was $295.00 Mil.

Novelis  (NYSE:NVL) EBIT per Share Explanation

EBIT is a company's earnings before interest and tax expenses are deducted. It measures a company's profit generates from operating, ignoring tax burden and capital structure. As the tax expense are not deducted, EBIT is helpful when comparing companies in the same industry but with different tax situations. Also, the interest expense are included in EBIT, making it useful to compare companies that have high interest expenses due to large amount of debt.

Novelis EBIT per Share Related Terms

Novelis EBIT per Share Historical Data

* Premium members only.

The historical data trend for Novelis's EBIT per Share 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.

Novelis EBIT per Share Chart

Novelis Annual Data
Trend Mar08 Mar09 Mar10 Mar11 Mar12 Mar13 Mar14 Mar15 Mar23 Mar24
EBIT per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 584,000.00 419,000.00 0.44 0.98 1.02

Novelis Quarterly Data
Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Mar23 Jun23 Sep23 Dec23 Mar24
EBIT per Share 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 0.21 0.26 0.26 0.41 0.49

Novelis EBIT per Share Calculation

EBIT per Share is the amount of Earnings Before Interest and Taxes (EBIT) per outstanding share of the company's stock.

Earnings Before Interest and Taxes (EBIT) is what the company earns before it expenses interest and taxes.

Novelis's EBIT per Share for the fiscal year that ended in Mar. 2024 is calculated as

EBIT per Share(A: Mar. 2024 )
=EBIT/Shares Outstanding (Diluted Average)
=1116/1100.000
=1.01

Novelis's EBIT per Share for the quarter that ended in Mar. 2024 is calculated as

EBIT per Share(Q: Mar. 2024 )
=EBIT/Shares Outstanding (Diluted Average)
=295/600.000
=0.49

EBIT per Share for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $1.43

* 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.

Frequently Asked Questions Learn more about EBIT per Share →
What does a EBIT per Share of $1.43 mean?
Novelis (NVL) has a EBIT per Share of $1.43 as of Mar. 2024. EBIT per Share is the amount of Earnings Before Interest and Taxes per outstanding share of the company's stock. View historical data on Novelis and its competitors.
Is Novelis' EBIT per Share too high?
Novelis' current EBIT per Share is $1.43. The Metals & Mining industry median EBIT per Share is 16.40. Novelis' value of $1.43 is 91.3% below this industry median.
How does Novelis' EBIT per Share compare to ?
Novelis' EBIT per Share of $1.43 can be compared against companies in the Metals & Mining industry. The industry median EBIT per Share is 16.40. Novelis' value of $1.43 is 91.3% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBIT per Share for a Metals & Mining company?
The median EBIT per Share among Metals & Mining companies is 16.40, based on 2,176 companies in the industry. Companies in the top quartile (top 25%) have a EBIT per Share significantly above this median, while those in the bottom quartile fall well below. However, EBIT per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Novelis's current EBIT per Share of $1.43 is 91.3% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EBIT per Share mean?
A high EBIT per Share can signal that a stock is expensive relative to its fundamentals. EBIT per Share is the amount of Earnings Before Interest and Taxes per outstanding share of the company's stock. View historical data on Novelis and its competitors. For the Metals & Mining industry, the median EBIT per Share is 16.40 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Novelis's current EBIT per Share is $1.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Novelis stock overvalued right now?
Novelis (NVL) has a current EBIT per Share of $1.43. The current EBIT per Share is $1.43 and 91.3% below the Metals & Mining industry median of 16.40. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBIT per Share calculated?
EBIT per Share is calculated from a company's financial statements. For Novelis (NVL), the current EBIT per Share is $1.43 as of Mar. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Novelis Business Description

Comparable Companies
Address 3560 Lenox Road, Suite 2000, Atlanta, GA, USA, 30326
Novelis Inc is aluminum rolled product producer, with operations on four continents. It acquires and recycles aluminum and processes it into semifinished coils in various tempers, gauges, and widths. Company has four geographical segment North America, Europe, Asia, and South America. Each segment manufactures aluminum sheet and light gauge products and recycles aluminum, while Asia and Europe segments also produce aerospace and industries.