GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Karat Packaging Inc (FRA:0WJ) » Definitions » EBIT

Karat Packaging (FRA:0WJ) EBIT : €36.2 Mil (TTM As of Sep. 2024)


View and export this data going back to 2021. Start your Free Trial

What is Karat Packaging EBIT?

Karat Packaging's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2024 was €11.2 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2024 was €36.2 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Karat Packaging's annualized ROC % for the quarter that ended in Sep. 2024 was 16.28%. Karat Packaging's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 24.20%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Karat Packaging's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 5.62%.


Karat Packaging EBIT Historical Data

The historical data trend for Karat Packaging'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.

Karat Packaging EBIT Chart

Karat Packaging Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EBIT
Get a 7-Day Free Trial 6.93 22.54 26.94 32.60 41.29

Karat Packaging 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 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 11.79 5.01 8.26 11.72 11.17

Competitive Comparison of Karat Packaging's EBIT

For the Packaging & Containers subindustry, Karat Packaging'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.


Karat Packaging's EV-to-EBIT Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Karat Packaging's EV-to-EBIT distribution charts can be found below:

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



Karat Packaging 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 €36.2 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.


Karat Packaging  (FRA:0WJ) EBIT Explanation

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

Karat Packaging'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 )
=40.52 * ( 1 - 21.9% )/( (201.959 + 186.702)/ 2 )
=31.64612/194.3305
=16.28 %

where

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

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

Karat Packaging'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 )
=44.668/( ( (126.05 + max(66.043, 0)) + (118.502 + max(58.526, 0)) )/ 2 )
=44.668/( ( 192.093 + 177.028 )/ 2 )
=44.668/184.5605
=24.20 %

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)
=(31.292 + 74.172 + 3.962) - (38.317 + 0.815 + 4.251)
=66.043

Working Capital(Q: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(30.515 + 63.897 + 4.387) - (35.277 + 0.819 + 4.177)
=58.526

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:

Karat Packaging's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2024 )
=36.154/643.335
=5.62 %

* 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.


Karat Packaging EBIT Related Terms

Thank you for viewing the detailed overview of Karat Packaging's EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.


Karat Packaging Business Description

Traded in Other Exchanges
Address
6185 Kimball Avenue, Chino, CA, USA, 91708
Karat Packaging Inc is engaged in the manufacturing and distribution of disposable products used in restaurants and food service settings. It offers products for the foodservice industry, including food packaging, containers, tableware, cups, lids, cutlery, and straws. These products are available in plastic, paper, biopolymer-based and other compostable forms. Its product line includes a variety of brands such as Tea Zone, Karat, Karat Earth, and Total Clean.

Karat Packaging Headlines

No Headlines