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Vistry Group (CHIX:VTYL) EBIT : £341 Mil (TTM As of Dec. 2023)


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What is Vistry Group EBIT?

Vistry Group's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2023 was £191 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was £341 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Vistry Group's annualized ROC % for the quarter that ended in Dec. 2023 was 6.19%. Vistry Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 17.70%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Vistry Group's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 7.38%.


Vistry Group EBIT Historical Data

The historical data trend for Vistry Group'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.

Vistry Group EBIT Chart

Vistry Group 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 179.39 106.14 325.56 256.80 341.20

Vistry Group Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 160.88 119.81 136.99 150.41 190.79

Competitive Comparison of Vistry Group's EBIT

For the Residential Construction subindustry, Vistry Group'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.


Vistry Group's EV-to-EBIT Distribution in the Homebuilding & Construction Industry

For the Homebuilding & Construction industry and Consumer Cyclical sector, Vistry Group's EV-to-EBIT distribution charts can be found below:

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



Vistry Group 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 semi-annually data reported by the company within the most recent 12 months, which was £341 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.


Vistry Group  (CHIX:VTYl) EBIT Explanation

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

Vistry Group'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: Jun. 2023 ) + Invested Capital (Q: Dec. 2023 ))/ count )
=381.25 * ( 1 - 26.44% )/( (4301.114 + 4756.9)/ 2 )
=280.4475/4529.007
=6.19 %

where

Invested Capital(Q: Jun. 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))
=6005.109 - 1491.02 - ( 212.975 - max(0, 1637.552 - 3974.477+212.975))
=4301.114

Note: The Operating Income data used here is two times the semi-annual (Dec. 2023) data.

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

Vistry Group'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: Jun. 2023  Q: Dec. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=381.578/( ( (108.842 + max(2177.379, 0)) + (103 + max(1923.5, 0)) )/ 2 )
=381.578/( ( 2286.221 + 2026.5 )/ 2 )
=381.578/2156.3605
=17.70 %

where Working Capital is:

Working Capital(Q: Jun. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(562.986 + 3192.141 + 6.375) - (1491.02 + 0 + 93.103)
=2177.379

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(406.5 + 3100.7 + 3.2000000000007) - (910.2 + 0 + 676.7)
=1923.5

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Dec. 2023) EBIT data.

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

Vistry Group's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2023 )
=341.2/4625.980
=7.38 %

* 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.


Vistry Group EBIT Related Terms

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Vistry Group (CHIX:VTYL) Business Description

Traded in Other Exchanges
Address
11 Tower View, Kings Hill, West Malling, Kent, GBR, ME19 4UY
Vistry Group PLC is a construction company that focuses on residential construction. It operates in two segments: Housebuilding, which develops sites across England and provides private and affordable housing; and Partnerships segment, which partners with housing associations and other public sector businesses across England to deliver either the development of private and affordable housing. Some of its Brands are Bovis, Linden, Vistry Partnerships, and Drew Smith. The company has properties at Warwick, Winnersh, Winchester, Rugby, Wokingham, Devon, Cambridge, Bursledon, among others.

Vistry Group (CHIX:VTYL) Headlines

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