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HOCN AG (CHIX:HOCNZ) EBIT : CHF-7.0 Mil (TTM As of Jun. 2024)


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What is HOCN AG EBIT?

HOCN AG's earnings before interest and taxes (EBIT) for the six months ended in Jun. 2024 was CHF0.3 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2024 was CHF-7.0 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. HOCN AG's annualized ROC % for the quarter that ended in Jun. 2024 was 0.34%. HOCN AG's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was 0.81%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. HOCN AG's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was -12.55%.


HOCN AG EBIT Historical Data

The historical data trend for HOCN 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.

HOCN AG EBIT Chart

HOCN 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 -267.01 -67.11 6.53 -21.41 -5.72

HOCN AG Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 -15.93 -5.48 1.62 -7.34 0.31

Competitive Comparison of HOCN AG's EBIT

For the Packaged Foods subindustry, HOCN 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.


HOCN AG's EV-to-EBIT Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, HOCN AG's EV-to-EBIT distribution charts can be found below:

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



HOCN 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 Jun. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was CHF-7.0 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.


HOCN AG  (CHIX:HOCNz) EBIT Explanation

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

HOCN AG's annualized ROC % for the quarter that ended in Jun. 2024 is calculated as:

ROC % (Q: Jun. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2023 ) + Invested Capital (Q: Jun. 2024 ))/ count )
=0.626 * ( 1 - 0% )/( (234.966 + 135.364)/ 2 )
=0.626/185.165
=0.34 %

where

Note: The Operating Income data used here is two times the semi-annual (Jun. 2024) data.

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

HOCN AG's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Jun. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2023  Q: Jun. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=0.626/( ( (132.118 + max(7.765, 0)) + (0 + max(15.054, 0)) )/ 2 )
=0.626/( ( 139.883 + 15.054 )/ 2 )
=0.626/77.4685
=0.81 %

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)
=(21.4 + 25.416 + 1.4210854715202E-14) - (22.192 + 0 + 16.859)
=7.765

Working Capital(Q: Jun. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.005 + 0.001 + 135.001) - (0.401 + 0 + 119.552)
=15.054

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Jun. 2024) EBIT data.

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jun. 2024 )
=-7.029/56.004
=-12.55 %

* 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.


HOCN AG EBIT Related Terms

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HOCN AG Business Description

Traded in Other Exchanges
Address
Siedereistrasse 9, Postfach 691, Hochdorf, CHE, 6281
HOCN AG Formerly Hochdorf Holding AG is a food company. It produces and sells food products to the food industry and the wholesale and retail trade in the international markets. The company operates in two segment: Food Solutions and Infant Nutrition. The company generates the majority of its revenue from the Food Solutions segment. The company generates revenue from sale of their products: Milk products/cream, Milk powder, Infant formula, Specialities, and Bakery/confectionary goods. Geographically the company generates the majority of its revenue from Switzerland/Liechtenstein region.

HOCN AG Headlines

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