Rompetrol Rafinare (BSE:RRC) EBIT: lei870 Mil (TTM As of Sep. 2023)


What is Rompetrol Rafinare EBIT?

Rompetrol Rafinare BSE:RRC +0.60% EBIT is lei870 Mil as of Sep. 2023.

Rompetrol Rafinare's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2023 was lei356 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2023 was lei870 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Rompetrol Rafinare's annualized ROC % for the quarter that ended in Sep. 2023 was 11.28%. Rompetrol Rafinare's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2023 was 23.34%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Rompetrol Rafinare's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2023 was 25.46%.


Rompetrol Rafinare  (BSE:RRC) EBIT Explanation

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

Rompetrol Rafinare's annualized ROC % for the quarter that ended in Sep. 2023 is calculated as:

ROC % (Q: Sep. 2023 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jun. 2023 ) + Invested Capital (Q: Sep. 2023 ))/ count )
=1313.456 * ( 1 - 39.03% )/( (7181.326 + 7013.332)/ 2 )
=800.8141232/7097.329
=11.28 %

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))
=12414.688 - 6465.741 - ( 916.464 - max(0, 7125.274 - 5892.895+916.464))
=7181.326

Invested Capital(Q: Sep. 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))
=12964.682 - 6978.837 - ( 809.735 - max(0, 7448.836 - 6421.349+809.735))
=7013.332

Note: The Operating Income data used here is four times the quarterly (Sep. 2023) data.

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

Rompetrol Rafinare's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2023 is calculated as:

ROC (Joel Greenblatt) %(Q: Sep. 2023 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2023  Q: Sep. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=1424.736/( ( (6093.678 + max(-4109.69, 0)) + (6115.272 + max(-4419.926, 0)) )/ 2 )
=1424.736/( ( 6093.678 + 6115.272 )/ 2 )
=1424.736/6104.475
=23.34 %

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)
=(935.469 + 1717.008 + 127.309) - (6465.741 + 0 + 423.735)
=-4109.69

Working Capital(Q: Sep. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(820.803 + 1938.507 + 85.881) - (6978.837 + 0 + 286.28)
=-4419.926

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Sep. 2023) EBIT data.

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

Rompetrol Rafinare's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2023 )
=870.398/3418.194
=25.46 %

* 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.


Rompetrol Rafinare EBIT Related Terms


Rompetrol Rafinare EBIT Historical Data

* Premium members only.

The historical data trend for Rompetrol Rafinare'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.

Rompetrol Rafinare EBIT Chart

Rompetrol Rafinare Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 34.97 40.44 -586.78 -456.61 1,364.58

Rompetrol Rafinare Quarterly Data
Sep18 Dec18 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 580.81 366.77 307.65 -160.21 356.18

BSE:RRC vs MPC, PSX, VLO: EBIT Comparison

For the Oil & Gas Refining & Marketing subindustry, Rompetrol Rafinare'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.


Rompetrol Rafinare EV-to-EBIT vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Rompetrol Rafinare's EV-to-EBIT distribution charts can be found below:

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



Rompetrol Rafinare 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 Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was lei870 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.

Frequently Asked Questions Learn more about EBIT →
What does a EBIT of lei870 Mil mean?
Rompetrol Rafinare (BSE:RRC) has a EBIT of lei870 Mil as of Sep. 2023. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Rompetrol Rafinare.
Is Rompetrol Rafinare's EBIT too high?
Rompetrol Rafinare's current EBIT is lei870 Mil.
How does Rompetrol Rafinare's EBIT compare to MPC and PSX?
Rompetrol Rafinare's EBIT of lei870 Mil can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBIT for an Oil & Gas company?
A good EBIT depends on the Oil & Gas industry context. However, EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EBIT mean?
A high EBIT can signal that a stock is expensive relative to its fundamentals. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Rompetrol Rafinare. Rompetrol Rafinare's current EBIT is lei870 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Rompetrol Rafinare stock overvalued right now?
Rompetrol Rafinare (BSE:RRC) has a current EBIT of lei870 Mil. The current EBIT is lei870 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBIT calculated?
EBIT is calculated from a company's financial statements. For Rompetrol Rafinare (BSE:RRC), the current EBIT is lei870 Mil as of Sep. 2023. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Rompetrol Rafinare Business Description

Industry EnergyOil & Gas
Address Navodari Boulevard, no. 215, Administrative Building, Navodari, Constanta, ROU, 905700
Rompetrol Rafinare SA is engaged in the Refining and marketing of petrochemical products. It operates Petromidia refinery in the Black Sea coast and Vega refinery in Ploiesti city and engaged in the manufacturing and trading of Petrochemical Products and Refining products. The company's segments include Refining, Petrochemicals, and Marketing. The company products include Polypropylene, High-Density Polyethylene, Low-Density Polyethylene, Aviation fuels, Car fuels, Bitumen, and others. The company has all of its operations in Romania and also exports internationally. The majority of the revenue is generated from Romania.