CBYDF (Corby Spirit and Wine) EBIT : $33.4 Mil (TTM As of Sep. 2024)

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What is Corby Spirit and Wine EBIT?

Corby Spirit and Wine's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2024 was $11.4 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2024 was $33.4 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Corby Spirit and Wine's annualized ROC % for the quarter that ended in Sep. 2024 was 12.08%. Corby Spirit and Wine's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 52.16%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Corby Spirit and Wine's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 9.81%.

Corby Spirit and Wine EBIT Historical Data

The historical data trend for Corby Spirit and Wine'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.

Corby Spirit and Wine EBIT Chart

Corby Spirit and Wine Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

EBIT

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26.99

34.47

25.81

22.72

30.40

Corby Spirit and Wine Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
EBIT	Get a 7-Day Free Trial															8.79	8.44	7.11	6.48	11.38

Competitive Comparison of Corby Spirit and Wine's EBIT

For the Beverages - Wineries & Distilleries subindustry, Corby Spirit and Wine'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.

Corby Spirit and Wine's EV-to-EBIT Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Corby Spirit and Wine's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Corby Spirit and Wine's EV-to-EBIT falls into.

Corby Spirit and Wine 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. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $33.4 Mil.

Corby Spirit and Wine (OTCPK:CBYDF) EBIT Explanation

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

Corby Spirit and Wine's annualized ROC % for the quarter that ended in Sep. 2024 is calculated as:

	ROC % (Q: Sep. 2024 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Jun. 2024 )	+	Invested Capital (Q: Sep. 2024 ))	/ count )
=	43.748 * ( 1 - 28.19% )	/	( (261.503	+	258.732)	/ 2 )
=	31.4154388	/	260.1175
=	12.08 %

where

	Invested Capital		(Q: Jun. 2024 )
=	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	))
=	306.806	-	41.912	-	( 3.391	-	max(0, 55.947	-	130.835	+	3.391	))
=	261.503

	Invested Capital		(Q: Sep. 2024 )
=	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	))
=	293.554	-	34.063	-	( 0.759	-	max(0, 40.646	-	117.311	+	0.759	))
=	258.732

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

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

Corby Spirit and Wine's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Sep. 2024 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Jun. 2024		Q: Sep. 2024
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	45.508	/	( ( (18.132 + max(72.567, 0))	+	(17.848 + max(65.946, 0)) )	/	2 )
=	45.508	/	( ( 90.699	+	83.794 )	/	2 )
=	45.508	/	87.2465
=	52.16 %

where Working Capital is:

	Working Capital		(Q: Jun. 2024 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(24.628	+	69.119	+	20.732)	-	(41.912	+	0	+	0)
=	72.567

	Working Capital		(Q: Sep. 2024 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(20.725	+	70.203	+	9.081)	-	(34.063	+	0	+	0)
=	65.946

When net working capital is negative, 0 is used.

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

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

Corby Spirit and Wine's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Sep. 2024 )
	=	33.404	/	340.370
	=	9.81 %

Corby Spirit and Wine EBIT Related Terms

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Corby Spirit and Wine Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » Corby Spirit and Wine Ltd (OTCPK:CBYDF) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

CRBBF:USA CSW.B:Canada CSW.A:Canada

Address

225 King Street West, Suite 1100, Toronto, ON, CAN, M5V 3M2

Website

https://www.corby.ca

Corby Spirit and Wine Ltd is a Canadian manufacturer, marketer and importer of spirits and wines. The company derives its revenues from the sale of its owned-brands in Canada and other international markets, as well as earning commissions from the representation of selected non-owned brands in the Canadian marketplace. The company also supplements these primary sources of revenue with other ancillary activities incidental to its core business, such as logistics fees. The company has two reportable segments: Case Goods and Commissions. The Case Goods segment derives its revenue from the production and distribution of its owned beverage alcohol brands. The Commissions segment earns commission income from the representation of non-owned beverage alcohol brands in Canada.