Team17 Group (FRA:2EC) EBIT : €0.3 Mil (TTM As of Dec. 2023)

View and export this data going back to 2020. Start your Free Trial

What is Team17 Group EBIT?

Team17 Group's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2023 was €-9.6 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was €0.3 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Team17 Group's annualized ROC % for the quarter that ended in Dec. 2023 was -7.04%. Team17 Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -310.70%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Team17 Group's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 0.08%.

Team17 Group EBIT Historical Data

The historical data trend for Team17 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.

Team17 Group EBIT Chart

Team17 Group Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

EBIT

Get a 7-Day Free Trial

22.63

29.03

34.43

35.80

0.31

Team17 Group Semi-Annual Data
	Dec15	Dec16	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
EBIT	Get a 7-Day Free Trial										17.94	14.18	21.81	9.98	-9.64

Competitive Comparison of Team17 Group's EBIT

For the Electronic Gaming & Multimedia subindustry, Team17 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.

Team17 Group's EV-to-EBIT Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Team17 Group's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Team17 Group's EV-to-EBIT falls into.

Team17 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 €0.3 Mil.

Team17 Group (FRA:2EC) EBIT Explanation

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

Team17 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 )
=	-19.708 * ( 1 - -1.29% )	/	( (287.505	+	279.396)	/ 2 )
=	-19.9622332	/	283.4505
=	-7.04 %

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	))
=	371.238	-	58.478	-	( 52.628	-	max(0, 59.328	-	84.583	+	52.628	))
=	287.505

	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	))
=	345.515	-	19.778	-	( 46.341	-	max(0, 45.845	-	95.405	+	46.341	))
=	279.396

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:

Team17 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 )
=	-19.274	/	( ( (7.054 + max(-26.522, 0))	+	(5.353 + max(-17.471, 0)) )	/	2 )
=	-19.274	/	( ( 7.054	+	5.353 )	/	2 )
=	-19.274	/	6.2035
=	-310.70 %

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)
=	(30.872	+	1.083	+	0)	-	(58.478	+	0	+	-0.00099999999999767)
=	-26.522

	Working Capital		(Q: Dec. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(13.83	+	1.114	+	12.637)	-	(19.778	+	0	+	25.274)
=	-17.471

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:

Team17 Group's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Dec. 2023 )
	=	0.347	/	433.169
	=	0.08 %

Team17 Group EBIT Related Terms

Thank you for viewing the detailed overview of Team17 Group's EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.

Team17 Group (FRA:2EC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Team17 Group PLC (FRA:2EC) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

TM17:UK 2EC:Germany

Address

Paragon Business Park, 3 Red Hall Avenue, Wakefield, West Yorkshire, GBR, WF1 2UL

Website

https://www.team17.com

Team17 Group PLC is a video game label and creative partner for independent developers. The company supports both owned first party IP and third-party IP-through partnering with indie developers globally. The company focuses on premium, rather than free to play games, and its portfolio comprises over 90 games, including the iconic and well-established Worms franchise, as well as Overcooked and The Escapists. The company has three reportable segments such as Games Label, Simulation and Edutainment. Games label segment is involved in Developing and publishing video games for the digital and physical market, Simulation segment works on Developing and publishing simulation games for the digital and physical market.

Team17 Group (FRA:2EC) Headlines

No Headlines