Davide Campari-Milano NV (FRA:58H) EBIT : €542 Mil (TTM As of Sep. 2024)

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What is Davide Campari-Milano NV EBIT?

Davide Campari-Milano NV's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2024 was €133 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2024 was €542 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Davide Campari-Milano NV's annualized ROC % for the quarter that ended in Sep. 2024 was 7.66%. Davide Campari-Milano NV's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 19.00%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Davide Campari-Milano NV's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 5.55%.

Davide Campari-Milano NV EBIT Historical Data

The historical data trend for Davide Campari-Milano NV'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.

Davide Campari-Milano NV EBIT Chart

Davide Campari-Milano NV Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

EBIT

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395.90

245.20

416.90

506.50

537.30

Davide Campari-Milano NV 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															147.40	45.00	170.10	193.70	132.80

Competitive Comparison of Davide Campari-Milano NV's EBIT

For the Beverages - Wineries & Distilleries subindustry, Davide Campari-Milano NV'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.

Davide Campari-Milano NV's EV-to-EBIT Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Davide Campari-Milano NV's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Davide Campari-Milano NV's EV-to-EBIT falls into.

Davide Campari-Milano NV 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 €542 Mil.

Davide Campari-Milano NV (FRA:58H) EBIT Explanation

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

Davide Campari-Milano NV'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 )
=	531.2 * ( 1 - 0% )	/	( (6931.3	+	0)	/ 1 )
=	531.2	/	6931.3
=	7.66 %

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	))
=	8341.5	-	846.2	-	( 564	-	max(0, 1151.4	-	3010.9	+	564	))
=	6931.3

	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	))
=	0	-	0	-	( 0	-	max(0, 0	-	0	+	0	))
=	0

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

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

Davide Campari-Milano NV'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 )
=	531.2	/	( ( (1264 + max(1532, 0))	+	(0 + max(0, 0)) )	/	1 )
=	531.2	/	( ( 2796	+	0 )	/	1 )
=	531.2	/	2796
=	19.00 %

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)
=	(497.3	+	1790.9	+	142.6)	-	(846.2	+	0	+	52.6)
=	1532

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

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:

Davide Campari-Milano NV's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Sep. 2024 )
	=	541.6	/	9763.289
	=	5.55 %

Davide Campari-Milano NV EBIT Related Terms

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Davide Campari-Milano NV Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » Davide Campari-Milano NV (FRA:58H) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

DVCMY:USA DVDCF:USA CPR:Mexico CPR:Italy CPRm:UK 0ROY:UK 58H1:Germany 58H:Germany

Address

Via Franco Sacchetti 20, Sesto San Giovanni, Milan, ITA, 20099

Website

https://www.camparigroup.com

Davide Campari-Milano, or Campari, is the Italian-headquartered parent of the Campari Group and is the world's leading manufacturer of liqueurs, according to Euromonitor, with a volume share of 10% in 2022. The company's liqueur portfolio includes aperitifs Aperol, Campari, Cinzano Vermouth, and Grand Marnier. The remainder of the portfolio spans a wide range of categories, including global priority brands Skyy vodka and Wild Turkey bourbon, and niche brands such as Appleton Estate Rum, Bulldog gin, and Espolon tequila. Campari also produces and markets a range of champagne and sparkling wines.Campari is controlled by Lagfin S.C.A., a Luxembourg-based holding company, which holds 54% of the share capital and over 60% of the voting rights. A further 43% of the equity is free float.

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