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Oceansix Future Paths (FRA:5FC0) EBIT : €-3.90 Mil (TTM As of Sep. 2024)


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What is Oceansix Future Paths EBIT?

Oceansix Future Paths's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2024 was €-0.23 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2024 was €-3.90 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Oceansix Future Paths's annualized ROC % for the quarter that ended in Sep. 2024 was -53.29%. Oceansix Future Paths's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was -63.94%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Oceansix Future Paths's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was -159.45%.


Oceansix Future Paths EBIT Historical Data

The historical data trend for Oceansix Future Paths'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.

Oceansix Future Paths EBIT Chart

Oceansix Future Paths Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
EBIT
-2.05 -3.55 -3.17 -0.64 -4.07

Oceansix Future Paths 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 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 -0.54 -2.71 -0.37 -0.59 -0.23

Competitive Comparison of Oceansix Future Paths's EBIT

For the Pollution & Treatment Controls subindustry, Oceansix Future Paths'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.


Oceansix Future Paths's EV-to-EBIT Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Oceansix Future Paths's EV-to-EBIT distribution charts can be found below:

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



Oceansix Future Paths 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 €-3.90 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.


Oceansix Future Paths  (FRA:5FC0) EBIT Explanation

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

Oceansix Future Paths'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 )
=-2.568 * ( 1 - -8.7% )/( (4.866 + 5.611)/ 2 )
=-2.791416/5.2385
=-53.29 %

where

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

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

Oceansix Future Paths'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 )
=-0.9/( ( (1.383 + max(-1.512, 0)) + (1.432 + max(-1.646, 0)) )/ 2 )
=-0.9/( ( 1.383 + 1.432 )/ 2 )
=-0.9/1.4075
=-63.94 %

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)
=(0.496 + 0.28 + -0.0010000000000001) - (2.286 + 0 + 0.00099999999999989)
=-1.512

Working Capital(Q: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.287 + 0.071 + 0.0010000000000001) - (2.004 + 0 + 0.00099999999999989)
=-1.646

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:

Oceansix Future Paths's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2024 )
=-3.897/2.444
=-159.45 %

* 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.


Oceansix Future Paths EBIT Related Terms

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Oceansix Future Paths Business Description

Traded in Other Exchanges
Address
11 Derech Menahem Begin, Ramat Gan, ISR, 5268104
Oceansix Future Paths Ltd is an environmental technology company. It operates in one principal business segment; advanced solutions based on recycled plastic products. Geographically, it operates in Israel & Foreign countries, out of which the majority of the revenue is derived from foreign countries. The manufacturing arm transforms recycled plastics into diverse, smart products that serve multiple industries, including automotive, beverage, construction, and agriculture. The group offers customized, multifunctional solutions that comply with the latest environmental requirements as well as demanding client needs.

Oceansix Future Paths Headlines

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