Technical Olympic (ATH:OLYMP) EBIT : €7.14 Mil (TTM As of Dec. 2023)

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What is Technical Olympic EBIT?

Technical Olympic's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2023 was €3.25 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was €7.14 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Technical Olympic's annualized ROC % for the quarter that ended in Dec. 2023 was -0.70%. Technical Olympic's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 6.47%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Technical Olympic's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 9.39%.

Technical Olympic EBIT Historical Data

The historical data trend for Technical Olympic'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.

Technical Olympic EBIT Chart

Technical Olympic Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

EBIT

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-16.81

-8.69

-1.35

3.52

7.14

Technical Olympic 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															0.36	-0.30	3.82	3.89	3.25

Competitive Comparison of Technical Olympic's EBIT

For the Marine Shipping subindustry, Technical Olympic'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.

Technical Olympic's EV-to-EBIT Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Technical Olympic's EV-to-EBIT distribution charts can be found below:

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

Technical Olympic 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 €7.14 Mil.

Technical Olympic (ATH:OLYMP) EBIT Explanation

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

Technical Olympic'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 )
=	-1.32 * ( 1 - 1.5% )	/	( (187.961	+	185.105)	/ 2 )
=	-1.3002	/	186.533
=	-0.70 %

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	))
=	229.551	-	3.062	-	( 38.528	-	max(0, 16.24	-	66.103	+	38.528	))
=	187.961

	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	))
=	222.483	-	4.124	-	( 33.254	-	max(0, 15.966	-	78.052	+	33.254	))
=	185.105

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:

Technical Olympic'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 )
=	6.5	/	( ( (101.868 + max(12.753, 0))	+	(86.167 + max(-8.17, 0)) )	/	2 )
=	6.5	/	( ( 114.621	+	86.167 )	/	2 )
=	6.5	/	100.394
=	6.47 %

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)
=	(1.619	+	0.146	+	24.822)	-	(3.062	+	0	+	10.772)
=	12.753

	Working Capital		(Q: Dec. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(1.47	+	4.952	+	1.4210854715202E-14)	-	(4.124	+	0	+	10.468)
=	-8.17

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:

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

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Dec. 2023 )
	=	7.14	/	76.035
	=	9.39 %

Technical Olympic EBIT Related Terms

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Technical Olympic Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Technical Olympic SA (ATH:OLYMP) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

N/A

Address

20 Solomou Street Alimos, Athens, GRC, 174 56

Website

http://www.techol.gr

Technical Olympic SA is a Greece based company engaged in the fields of homebuilding, construction of public and private projects, tourism, wind power, construction and operation of marinas and real estate development through different companies. The group has business operations in Greece and internationally. The tourist activity is represented by the group owned resort, Porto Carras. The construction activities of the company encompass railroad projects, irrigation projects, telecommunications projects, dams, marinas, harbour and drainage projects and others.

Technical Olympic Headlines

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