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Azelis Group NV (Azelis Group NV) EBIT : $374 Mil (TTM As of Dec. 2023)


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What is Azelis Group NV EBIT?

Azelis Group NV's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2023 was $162 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was $374 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Azelis Group NV's annualized ROC % for the quarter that ended in Dec. 2023 was 6.43%. Azelis Group NV's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 59.46%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Azelis Group NV's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 5.28%.


Azelis Group NV EBIT Historical Data

The historical data trend for Azelis Group NV'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.

Azelis Group NV EBIT Chart

Azelis Group NV Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EBIT
Get a 7-Day Free Trial 130.70 167.24 192.20 373.82 375.80

Azelis Group NV Semi-Annual Data
Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
EBIT Get a 7-Day Free Trial Premium Member Only 76.23 216.24 157.12 212.35 162.06

Competitive Comparison of Azelis Group NV's EBIT

For the Specialty Chemicals subindustry, Azelis Group NV'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.


Azelis Group NV's EV-to-EBIT Distribution in the Chemicals Industry

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

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



Azelis Group NV 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 $374 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.


Azelis Group NV  (OTCPK:AZLGF) EBIT Explanation

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

Azelis Group NV'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 )
=353.202 * ( 1 - 14.28% )/( (4746.083 + 4667.666)/ 2 )
=302.7647544/4706.8745
=6.43 %

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))
=6136.008 - 938.86 - ( 451.065 - max(0, 1161.802 - 1844.93+451.065))
=4746.083

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))
=6076.585 - 880.092 - ( 528.827 - max(0, 1024.811 - 1737.723+528.827))
=4667.666

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:

Azelis Group NV'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 )
=324.124/( ( (188.499 + max(450.736, 0)) + (214.423 + max(236.522, 0)) )/ 2 )
=324.124/( ( 639.235 + 450.945 )/ 2 )
=324.124/545.09
=59.46 %

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)
=(676.225 + 704.277 + 13.363) - (938.86 + 0 + 4.269)
=450.736

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(485.129 + 613.731 + 26.031) - (880.092 + 0 + 8.2769999999999)
=236.522

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2023 )
=374.407/7090.959
=5.28 %

* 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.


Azelis Group NV EBIT Related Terms

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Azelis Group NV (Azelis Group NV) Business Description

Traded in Other Exchanges
Address
Posthofbrug 12, Box 6, Antwerp, BEL, B-2600
Azelis Group NV is a innovation service provider for the specialty chemicals and food ingredients industry. The company has its business operating segments namely Life Sciences and Industrial chemicals. Geographically, the company has its presence in EMEA, Americas and Asia Pacific.

Azelis Group NV (Azelis Group NV) Headlines

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