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Track & Field Co (BSP:TFCO4) EBIT : R$152.8 Mil (TTM As of Dec. 2023)


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What is Track & Field Co EBIT?

Track & Field Co's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2023 was R$46.6 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was R$152.8 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Track & Field Co's annualized ROC % for the quarter that ended in Dec. 2023 was 30.49%. Track & Field Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 44.29%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Track & Field Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 8.55%.


Track & Field Co EBIT Historical Data

The historical data trend for Track & Field Co'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.

Track & Field Co EBIT Chart

Track & Field Co Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EBIT
Get a 7-Day Free Trial 41.24 43.41 96.99 128.36 146.64

Track & Field Co Quarterly Data
Dec17 Dec18 Jun19 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 43.39 31.57 36.90 37.69 46.63

Competitive Comparison of Track & Field Co's EBIT

For the Apparel Retail subindustry, Track & Field Co'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.


Track & Field Co's EV-to-EBIT Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Track & Field Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Track & Field Co's EV-to-EBIT falls into.



Track & Field Co 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$152.8 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.


Track & Field Co  (BSP:TFCO4) EBIT Explanation

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

Track & Field Co'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 )
=189.7 * ( 1 - 19.67% )/( (492.139 + 507.322)/ 2 )
=152.38601/499.7305
=30.49 %

where

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))
=621.261 - 82.848 - ( 46.274 - max(0, 140.129 - 441.568+46.274))
=492.139

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))
=682.102 - 120.303 - ( 54.477 - max(0, 177.724 - 502.705+54.477))
=507.322

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

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

Track & Field Co'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 )
=186.536/( ( (140.718 + max(269.494, 0)) + (146.61 + max(285.536, 0)) )/ 2 )
=186.536/( ( 410.212 + 432.146 )/ 2 )
=186.536/421.179
=44.29 %

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)
=(126.392 + 254.425 + 7.973) - (82.848 + 0 + 36.448)
=269.494

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(196.536 + 232.856 + 12.689) - (120.303 + 0 + 36.242)
=285.536

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:

Track & Field Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2023 )
=152.785/1786.024
=8.55 %

* 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.


Track & Field Co EBIT Related Terms

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Track & Field Co (BSP:TFCO4) Business Description

Traded in Other Exchanges
N/A
Address
no 387, 8th and 9th Floor, Rua Dr. Eduardo Souza Aranha, Edificio Juscelino Plaza, Sao Paulo, SP, BRA, 04543-121
Track & Field Co SA is a sports apparel retailer. The company's portfolio consists of sportswear, Beachwear, Sports accessories, and sports shoes (footwear).

Track & Field Co (BSP:TFCO4) Headlines

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