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Metlen Energy & Metals (ATH:MYTIL) EBIT : €896 Mil (TTM As of Jun. 2024)


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What is Metlen Energy & Metals EBIT?

Metlen Energy & Metals's earnings before interest and taxes (EBIT) for the six months ended in Jun. 2024 was €399 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2024 was €896 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Metlen Energy & Metals's annualized ROC % for the quarter that ended in Jun. 2024 was 10.06%. Metlen Energy & Metals's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was 30.86%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Metlen Energy & Metals's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was 12.30%.


Metlen Energy & Metals EBIT Historical Data

The historical data trend for Metlen Energy & Metals'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.

Metlen Energy & Metals EBIT Chart

Metlen Energy & Metals 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 221.67 226.26 261.83 690.04 878.12

Metlen Energy & Metals Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 248.73 441.31 380.98 497.14 398.66

Competitive Comparison of Metlen Energy & Metals's EBIT

For the Utilities - Diversified subindustry, Metlen Energy & Metals'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.


Metlen Energy & Metals's EV-to-EBIT Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Metlen Energy & Metals's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Metlen Energy & Metals's EV-to-EBIT falls into.



Metlen Energy & Metals 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 Jun. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was €896 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.


Metlen Energy & Metals  (ATH:MYTIL) EBIT Explanation

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

Metlen Energy & Metals's annualized ROC % for the quarter that ended in Jun. 2024 is calculated as:

ROC % (Q: Jun. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2023 ) + Invested Capital (Q: Jun. 2024 ))/ count )
=794.278 * ( 1 - 17.5% )/( (6180.134 + 6845.715)/ 2 )
=655.27935/6512.9245
=10.06 %

where

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))
=8209.608 - 1088.522 - ( 940.952 - max(0, 2897.363 - 4956.316+940.952))
=6180.134

Invested Capital(Q: Jun. 2024 )
=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))
=8895.987 - 1274.928 - ( 775.344 - max(0, 3265.361 - 5159.137+775.344))
=6845.715

Note: The Operating Income data used here is two times the semi-annual (Jun. 2024) data.

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

Metlen Energy & Metals's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Jun. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2023  Q: Jun. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=797.322/( ( (2158.989 + max(365.023, 0)) + (2262.64 + max(380.214, 0)) )/ 2 )
=797.322/( ( 2524.012 + 2642.854 )/ 2 )
=797.322/2583.433
=30.86 %

where Working Capital is:

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1013.4 + 1335.339 + 286.776) - (1088.522 + 0 + 1181.97)
=365.023

Working Capital(Q: Jun. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1150.774 + 1510.334 + 325.564) - (1274.928 + 0 + 1331.53)
=380.214

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Jun. 2024) EBIT data.

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

Metlen Energy & Metals's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jun. 2024 )
=895.802/7283.767
=12.30 %

* 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.


Metlen Energy & Metals EBIT Related Terms

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Metlen Energy & Metals Business Description

Traded in Other Exchanges
Address
8 Artemidos Street, Maroussi, Athens, GRC, 151 25
Metlen Energy & Metals SA is a dominant industrial and energy company with an international presence in all five continents, which is focused on sustainability and circular economy. The company has two business segments including the new energy Segment and the metallurgy segment. Maximum revenue is generated from the new energy segment Geographically, it derives a majority of its revenue from Hellas. The Company is active in the markets in forty countries, adopting a full-scale synergetic model between the Metallurgy and Energy Sectors while undertaking end-to-end development of extensive energy infrastructure projects.

Metlen Energy & Metals Headlines

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