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Cenit AG (CHIX:CSHD) EBIT : €8.4 Mil (TTM As of Mar. 2024)


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What is Cenit AG EBIT?

Cenit AG's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was €1.3 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was €8.4 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Cenit AG's annualized ROC % for the quarter that ended in Mar. 2024 was 0.96%. Cenit AG's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 38.96%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Cenit AG's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 6.72%.

Cenit AG EBIT Historical Data

The historical data trend for Cenit AG'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.

Cenit AG EBIT Chart

Cenit AG 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 9.20 3.63 6.67 9.39 7.07

Cenit AG 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 0.01 2.62 2.02 2.42 1.31

Competitive Comparison of Cenit AG's EBIT

For the Software - Application subindustry, Cenit AG'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.

Cenit AG's EV-to-EBIT Distribution in the Software Industry

For the Software industry and Technology sector, Cenit AG's EV-to-EBIT distribution charts can be found below:

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


Cenit AG 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 €8.4 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.

Cenit AG  (CHIX:CSHd) EBIT Explanation

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

Cenit AG'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 )
=4.952 * ( 1 - 76.42% )/( (111.637 + 130.881)/ 2 )
=1.1676816/121.259
=0.96 %

where

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))
=153.615 - 17.637 - ( 24.341 - max(0, 55.898 - 83.96+24.341))
=111.637

Invested Capital(Q: Mar. 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))
=165.518 - 9.206 - ( 50.783 - max(0, 68.941 - 94.372+50.783))
=130.881

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

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

Cenit AG'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 )
=5.256/( ( (12.988 + max(0.60899999999999, 0)) + (13.384 + max(-27.83, 0)) )/ 2 )
=5.256/( ( 13.597 + 13.384 )/ 2 )
=5.256/13.4905
=38.96 %

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)
=(35.428 + 0.07 + 17.352) - (17.637 + 0 + 34.604)
=0.60899999999999

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(32.695 + 0.082 + 4.742) - (9.206 + 0 + 56.143)
=-27.83

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:

Cenit AG's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=8.376/124.590
=6.72 %

* 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.

Cenit AG EBIT Related Terms

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Cenit AG (CHIX:CSHD) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » Cenit AG (CHIX:CSHd) » Definitions » EBIT
Comparable Companies
HAM:MSGL FRA:BSS XTER:V3S XTER:ISHA XTER:DTD2 FRA:CPU2 STU:QS6A XTER:FAA XTER:IVU XTER:M8G CRM XTER:SAP INTU NOW UBER SHOP CDNS WDAY ROP TSX:CSU
Traded in Other Exchanges
CSH:Germany
Address
Industriestrasse 52-54, Stuttgart, DEU, 70565
Website
https://www.cenit.com
Cenit AG is a software and information technology consulting company. It offers Product Lifecycle Management and Enterprise Information Management. The PLM (Product Lifestyle Management) segment focuses on the automotive, aerospace, mechanical engineering, and shipbuilding industries. The Enterprise Information Management focuses on products of the strategic software. The focus of the CENIT Group is on business process optimization and computer-aided design and development technologies. The company's revenue is generated from its Germany segment.

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