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Phoenix Group Holdings (FRA:1BF) EBIT : €108 Mil (TTM As of Dec. 2023)


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What is Phoenix Group Holdings EBIT?

Phoenix Group Holdings's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2023 was €461 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was €108 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Phoenix Group Holdings's annualized ROC % for the quarter that ended in Dec. 2023 was 0.22%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Phoenix Group Holdings's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 4.61%.


Phoenix Group Holdings EBIT Historical Data

The historical data trend for Phoenix Group Holdings'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.

Phoenix Group Holdings EBIT Chart

Phoenix Group Holdings 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 174.57 1,301.50 -524.88 -3,773.70 109.11

Phoenix Group Holdings 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 69.44 -1,820.93 -1,976.54 -353.12 460.82

Competitive Comparison of Phoenix Group Holdings's EBIT

For the Insurance - Life subindustry, Phoenix Group Holdings'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.


Phoenix Group Holdings's EV-to-EBIT Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Phoenix Group Holdings's EV-to-EBIT distribution charts can be found below:

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



Phoenix Group Holdings 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 €108 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.


Phoenix Group Holdings  (FRA:1BF) EBIT Explanation

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

Phoenix Group Holdings's annualized ROC % for the quarter that ended in Dec. 2023 is calculated as:

ROC % (Q: Dec. 2023 )
=NOPAT/Average Invested Capital
=EBIT * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jun. 2023 ) + Invested Capital (Q: Dec. 2023 ))/ count )
=921.644 * ( 1 - 20.51% )/( (323872.5993 + 337064.1278)/ 2 )
=732.6148156/330468.36355
=0.22 %

where

Invested Capital(Q: Jun. 2023 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Balance Sheet Cash And Cash Equivalents - 5% * Revenue )
=336558.198 - 3624.407 - ( 9387.33 - 5% * 6522.766 )
=323872.5993

Invested Capital(Q: Dec. 2023 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Balance Sheet Cash And Cash Equivalents - 5% * Revenue )
=347424.603 - 2684.837 - ( 8320.324 - 5% * 12893.716 )
=337064.1278

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

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

ROC (Joel Greenblatt) % does not apply to banks and insurance companies.

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2023 )
=107.705/2336.600
=4.61 %

* 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.


Phoenix Group Holdings EBIT Related Terms

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Phoenix Group Holdings (FRA:1BF) Business Description

Traded in Other Exchanges
Address
20 Old Bailey, London, GBR, EC4M 7AN
Phoenix Group Holdings PLC is a British closed life assurance fund consolidator. Its main specialisation is the management and acquisition of closed life and pension funds. It operates mainly in the United Kingdom. The Group's main business segment is its life assurance operations, Phoenix Life. Phoenix Life is responsible for the management of the group's life funds. The company's management services companies provide services to the life business segment, including financial and risk management services, sourcing strategies, and administrative services.

Phoenix Group Holdings (FRA:1BF) Headlines

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