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Mecanica Ceahlau (BSE:MECF) EBIT : lei-5.74 Mil (TTM As of Mar. 2024)


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What is Mecanica Ceahlau EBIT?

Mecanica Ceahlau's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was lei-2.08 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was lei-5.74 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Mecanica Ceahlau's annualized ROC % for the quarter that ended in Mar. 2024 was -7.16%. Mecanica Ceahlau's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was -13.74%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Mecanica Ceahlau's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was -17.39%.


Mecanica Ceahlau EBIT Historical Data

The historical data trend for Mecanica Ceahlau'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.

Mecanica Ceahlau EBIT Chart

Mecanica Ceahlau 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 8.26 -1.96 2.44 1.96 -3.43

Mecanica Ceahlau Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.23 0.04 -1.52 -2.17 -2.08

Competitive Comparison of Mecanica Ceahlau's EBIT

For the Farm & Heavy Construction Machinery subindustry, Mecanica Ceahlau'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.


Mecanica Ceahlau's EV-to-EBIT Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Mecanica Ceahlau's EV-to-EBIT distribution charts can be found below:

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



Mecanica Ceahlau 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was lei-5.74 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.


Mecanica Ceahlau  (BSE:MECF) EBIT Explanation

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

Mecanica Ceahlau's annualized ROC % for the quarter that ended in Mar. 2024 is calculated as:

ROC % (Q: Mar. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2023 ) + Invested Capital (Q: Mar. 2024 ))/ count )
=-4.784 * ( 1 - 6.55% )/( (63.788 + 61.073)/ 2 )
=-4.470648/62.4305
=-7.16 %

where

Note: The Operating Income data used here is four times the quarterly (Mar. 2024) data.

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

Mecanica Ceahlau's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2023  Q: Mar. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-8.324/( ( (21.547 + max(40.206, 0)) + (20.883 + max(38.495, 0)) )/ 2 )
=-8.324/( ( 61.753 + 59.378 )/ 2 )
=-8.324/60.5655
=-13.74 %

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)
=(4.181 + 46.358 + 7.105427357601E-15) - (9.251 + 0 + 1.082)
=40.206

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(2.255 + 42.87 + 0.267) - (6.036 + 0 + 0.861)
=38.495

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2024) EBIT data.

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

Mecanica Ceahlau's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=-5.736/32.986
=-17.39 %

* 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.


Mecanica Ceahlau EBIT Related Terms

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Mecanica Ceahlau (BSE:MECF) Business Description

Traded in Other Exchanges
N/A
Address
Dumbravei Street, nr. 6, Neamt County, Piatra Neamt, ROU, 610202
Mecanica Ceahlau is engaged in manufacturing of agricultural machinery. Its products include CF 5, CF 7, CF 9, CFM 7, CFM 9, CSC 00B/5, CSC 00B/7, CSC 00B/9, FB 1600, as well as agricultural trailers with a capacity of 4 to 20 tons.

Mecanica Ceahlau (BSE:MECF) Headlines

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