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Baby Bunting Group (ASX:BBN) EBIT : A$16.3 Mil (TTM As of Dec. 2023)


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What is Baby Bunting Group EBIT?

Baby Bunting Group's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2023 was A$4.8 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was A$16.3 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Baby Bunting Group's annualized ROC % for the quarter that ended in Dec. 2023 was -4.61%. Baby Bunting Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 4.39%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Baby Bunting Group's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 3.86%.

Baby Bunting Group EBIT Historical Data

The historical data trend for Baby Bunting Group'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.

Baby Bunting Group EBIT Chart

Baby Bunting Group Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
EBIT
Get a 7-Day Free Trial 18.96 15.89 24.18 29.19 16.94

Baby Bunting Group Semi-Annual Data
Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 10.93 18.26 5.39 11.56 4.79

Competitive Comparison of Baby Bunting Group's EBIT

For the Specialty Retail subindustry, Baby Bunting Group'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.

Baby Bunting Group's EV-to-EBIT Distribution in the Retail - Cyclical Industry

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

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


Baby Bunting Group 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 A$16.3 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.

Baby Bunting Group  (ASX:BBN) EBIT Explanation

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

Baby Bunting Group'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 )
=-19.82 * ( 1 - 31.85% )/( (293.52 + 292.545)/ 2 )
=-13.50733/293.0325
=-4.61 %

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))
=343.888 - 45.371 - ( 4.997 - max(0, 92.379 - 110.958+4.997))
=293.52

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))
=350.855 - 51.539 - ( 6.771 - max(0, 101.793 - 113.207+6.771))
=292.545

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:

Baby Bunting Group'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 )
=9.586/( ( (173.369 + max(44.417, 0)) + (176.539 + max(42.303, 0)) )/ 2 )
=9.586/( ( 217.786 + 218.842 )/ 2 )
=9.586/218.314
=4.39 %

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)
=(0.229 + 98.046 + 4.464) - (45.371 + 0 + 12.951)
=44.417

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(3.37 + 98.737 + 4.329) - (51.539 + 1.148 + 11.446)
=42.303

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:

Baby Bunting Group's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2023 )
=16.348/422.976
=3.86 %

* 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.

Baby Bunting Group EBIT Related Terms

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Baby Bunting Group (ASX:BBN) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Baby Bunting Group Ltd (ASX:BBN) » Definitions » EBIT
Comparable Companies
ASX:ADH ASX:SSG ASX:CCV ASX:JYC ASX:SHM ASX:DSK ASX:BLX ASX:BKG ASX:SRY ASX:NCK ORLY TSX:ATD AZO SHSE:601888 TSCO ULTA GPC BBY ADX:ADNOCDIST CASY
Traded in Other Exchanges
N/A
Address
153 National Drive, Dandenong South, Melbourne, VIC, AUS, 3175
Website
https://www.babybunting.com.au
Baby Bunting Group Ltd operates as a nursery retailer in Australia. The company product categories include prams, cots and nursery furniture, car safety, toys, babywear, feeding, nappies, manchester, and associated accessories. The company also has operations in New Zealand, with a store in Auckland and an online store. Geographically, it derives revenue from Australia and New Zealand.