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Electro Aco Altona (BSP:EALT4) EBIT : R$53.0 Mil (TTM As of Dec. 2023)


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What is Electro Aco Altona EBIT?

Electro Aco Altona's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2023 was R$15.8 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was R$53.0 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Electro Aco Altona's annualized ROC % for the quarter that ended in Dec. 2023 was 11.45%. Electro Aco Altona's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 21.22%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Electro Aco Altona's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 15.64%.


Electro Aco Altona EBIT Historical Data

The historical data trend for Electro Aco Altona'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.

Electro Aco Altona EBIT Chart

Electro Aco Altona 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 20.94 34.28 50.60 51.05 59.61

Electro Aco Altona Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.76 12.05 9.35 15.76 15.84

Competitive Comparison of Electro Aco Altona's EBIT

For the Metal Fabrication subindustry, Electro Aco Altona'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.


Electro Aco Altona's EV-to-EBIT Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Electro Aco Altona's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Electro Aco Altona's EV-to-EBIT falls into.



Electro Aco Altona 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 quarterly data reported by the company within the most recent 12 months, which was R$53.0 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.


Electro Aco Altona  (BSP:EALT4) EBIT Explanation

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

Electro Aco Altona'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: Sep. 2023 ) + Invested Capital (Q: Dec. 2023 ))/ count )
=59.792 * ( 1 - 12.37% )/( (455.353 + 459.708)/ 2 )
=52.3957296/457.5305
=11.45 %

where

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

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

Electro Aco Altona'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: Sep. 2023  Q: Dec. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=63.348/( ( (232.357 + max(58.447, 0)) + (231.671 + max(74.712, 0)) )/ 2 )
=63.348/( ( 290.804 + 306.383 )/ 2 )
=63.348/298.5935
=21.22 %

where Working Capital is:

Working Capital(Q: Sep. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(94.757 + 79.989 + 22.822) - (87.389 + 0 + 51.732)
=58.447

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(99.071 + 81.374 + 22.772) - (85.926 + 0 + 42.579)
=74.712

When net working capital is negative, 0 is used.

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

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

Electro Aco Altona's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2023 )
=52.994/338.930
=15.64 %

* 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.


Electro Aco Altona EBIT Related Terms

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Electro Aco Altona (BSP:EALT4) Business Description

Traded in Other Exchanges
Address
Engenheiro Paulo Werner Street, 925, Blumenau, SC, BRA, 89030900
Electro Aco Altona SA manufactures steel based machinery & equipment. Its product portfolio comprises of carbon steel, high & low alloy steel, manganese steel & heat resistant steel castings. It caters to industries like earthmoving & mining.The company divides its business into two sectors: Repetitive and Custom. The Repetitive sector is responsible for series production of items for self-propelled equipment assemblers, including customers active in the segment of construction and mining machinery. The Custom sector produces customized parts and assemblies.

Electro Aco Altona (BSP:EALT4) Headlines

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