Grupo MexicoB de CV (FRA:4GE) EBIT : €6,492 Mil (TTM As of Sep. 2024)

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What is Grupo MexicoB de CV EBIT?

Grupo MexicoB de CV's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2024 was €1,752 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2024 was €6,492 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Grupo MexicoB de CV's annualized ROC % for the quarter that ended in Sep. 2024 was 13.69%. Grupo MexicoB de CV's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 36.65%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Grupo MexicoB de CV's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 16.05%.

Grupo MexicoB de CV EBIT Historical Data

The historical data trend for Grupo MexicoB de CV'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.

Grupo MexicoB de CV EBIT Chart

Grupo MexicoB de CV Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

EBIT

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3,943.53

3,822.91

6,691.41

5,757.82

5,696.49

Grupo MexicoB de CV 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															1,476.51	1,206.12	1,598.26	1,935.92	1,751.80

Competitive Comparison of Grupo MexicoB de CV's EBIT

For the Other Industrial Metals & Mining subindustry, Grupo MexicoB de CV'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.

Grupo MexicoB de CV's EV-to-EBIT Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Grupo MexicoB de CV's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Grupo MexicoB de CV's EV-to-EBIT falls into.

Grupo MexicoB de CV 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 €6,492 Mil.

Grupo MexicoB de CV (FRA:4GE) EBIT Explanation

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

Grupo MexicoB de CV'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 )
=	6518.544 * ( 1 - 47.18% )	/	( (25749.79	+	24552.722)	/ 2 )
=	3443.0949408	/	25151.256
=	13.69 %

where

	Invested Capital		(Q: Jun. 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	))
=	33713.967	-	1470.729	-	( 6493.448	-	max(0, 2649.768	-	10744.065	+	6493.448	))
=	25749.79

	Invested Capital		(Q: Sep. 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	))
=	33104.647	-	1617.443	-	( 6934.482	-	max(0, 2802.651	-	10902.639	+	6934.482	))
=	24552.722

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

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

Grupo MexicoB de CV'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 )
=	7007.204	/	( ( (17201.988 + max(2401.067, 0))	+	(16722.373 + max(1913.982, 0)) )	/	2 )
=	7007.204	/	( ( 19603.055	+	18636.355 )	/	2 )
=	7007.204	/	19119.705
=	36.65 %

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)
=	(2180.816	+	1309.421	+	565.79)	-	(1470.729	+	0	+	184.231)
=	2401.067

	Working Capital		(Q: Sep. 2024 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(2047.525	+	1218.952	+	520.678)	-	(1617.443	+	0	+	255.73)
=	1913.982

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:

Grupo MexicoB de CV's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Sep. 2024 )
	=	6492.102	/	40448.480
	=	16.05 %

Grupo MexicoB de CV EBIT Related Terms

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Grupo MexicoB de CV Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Grupo Mexico SAB de CV (FRA:4GE) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

GMBXF:USA GMEXICOB:Mexico

Address

Campos Eliieos No. 400, Col. lomas de chapultepec, Mexico, DF, MEX, C.P. 11000

Website

http://www.gmexico.com

Grupo Mexico SAB de CV is a holding company that operates in the mining-metallurgic industry, the exploration, exploitation, and benefit of metallic and non-metallic ores, multimodal freight railroad service, and infrastructure development. The majority of the group's revenue is generated by the mining division, through its subsidiary AMC. The company has 14 mines and exploration projects in Mexico, Peru, the United States of America, Chile, Ecuador, and Argentina, and its products include copper, molybdenum, silver, zinc, gold, and lead. The company also has a transportation division comprised of three large railroad companies through its subsidiary FM Rail Holding. Together, they form the largest railroad operator in Mexico, both in terms of coverage and fleet size.

Grupo MexicoB de CV Headlines

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