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Trainline (FRA:2T9A) EBIT : €66.0 Mil (TTM As of Feb. 2024)


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What is Trainline EBIT?

Trainline's earnings before interest and taxes (EBIT) for the six months ended in Feb. 2024 was €40.2 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Feb. 2024 was €66.0 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Trainline's annualized ROC % for the quarter that ended in Feb. 2024 was 8.33%. Trainline's annualized ROC (Joel Greenblatt) % for the quarter that ended in Feb. 2024 was 376.63%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Trainline's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Feb. 2024 was 3.66%.


Trainline EBIT Historical Data

The historical data trend for Trainline'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.

Trainline EBIT Chart

Trainline Annual Data
Trend Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24
EBIT
Get a 7-Day Free Trial -81.37 -113.71 -8.69 36.50 66.11

Trainline Semi-Annual Data
Feb17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24
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 -1.26 24.06 13.55 25.84 40.16

Competitive Comparison of Trainline's EBIT

For the Travel Services subindustry, Trainline'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.


Trainline's EV-to-EBIT Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Trainline's EV-to-EBIT distribution charts can be found below:

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



Trainline 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 Feb. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was €66.0 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.


Trainline  (FRA:2T9A) EBIT Explanation

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

Trainline's annualized ROC % for the quarter that ended in Feb. 2024 is calculated as:

ROC % (Q: Feb. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Aug. 2023 ) + Invested Capital (Q: Feb. 2024 ))/ count )
=77.114 * ( 1 - 32.15% )/( (626.439 + 629.132)/ 2 )
=52.321849/627.7855
=8.33 %

where

Invested Capital(Q: Aug. 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))
=822.243 - 277.659 - ( 139.043 - max(0, 283.617 - 201.762+139.043))
=626.439

Invested Capital(Q: Feb. 2024 )
=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))
=798.172 - 252.78 - ( 106.611 - max(0, 259.607 - 175.867+106.611))
=629.132

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

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

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

ROC (Joel Greenblatt) %(Q: Feb. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Aug. 2023  Q: Feb. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=80.316/( ( (21.643 + max(-214.939, 0)) + (21.007 + max(-183.524, 0)) )/ 2 )
=80.316/( ( 21.643 + 21.007 )/ 2 )
=80.316/21.325
=376.63 %

where Working Capital is:

Working Capital(Q: Aug. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(62.72 + 0 + -0.0010000000000048) - (277.659 + 0 + -0.00099999999997635)
=-214.939

Working Capital(Q: Feb. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(69.256 + 0 + -2.8421709430404E-14) - (252.78 + 0 + 0)
=-183.524

When net working capital is negative, 0 is used.

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

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Feb. 2024 )
=65.996/1803.549
=3.66 %

* 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.


Trainline EBIT Related Terms

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Trainline (FRA:2T9A) Business Description

Traded in Other Exchanges
Address
120 Holborn, 3rd Floor, London, GBR, EC1N 2TD
Trainline PLC is an independent rail and coach travel platform selling rail and coach tickets to millions of travellers worldwide, enabling them to seamlessly search, book and manage their journeys all in one place via its website and mobile app. The company's segment includes UK Consumer; International Consumer and Trainline Solutions. It generates maximum revenue from the UK Consumer segment.

Trainline (FRA:2T9A) Headlines

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