Maxeon Solar Technologies (FRA:5QJ) EBIT : €-85 Mil (TTM As of Sep. 2023)

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

What is Maxeon Solar Technologies EBIT?

Maxeon Solar Technologies's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2023 was €-92 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2023 was €-85 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Maxeon Solar Technologies's annualized ROC % for the quarter that ended in Sep. 2023 was -21.12%. Maxeon Solar Technologies's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2023 was -92.43%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Maxeon Solar Technologies's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2023 was -27.36%.

Maxeon Solar Technologies EBIT Historical Data

The historical data trend for Maxeon Solar Technologies'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.

Maxeon Solar Technologies EBIT Chart

Maxeon Solar Technologies Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

EBIT

-506.57

-123.85

-77.13

-186.93

-186.98

Maxeon Solar Technologies Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
EBIT	Get a 7-Day Free Trial															-29.97	-38.82	33.76	11.95	-91.83

Competitive Comparison of Maxeon Solar Technologies's EBIT

For the Solar subindustry, Maxeon Solar Technologies'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.

Maxeon Solar Technologies's EV-to-EBIT Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Maxeon Solar Technologies's EV-to-EBIT distribution charts can be found below:

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

Maxeon Solar Technologies 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. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was €-85 Mil.

Maxeon Solar Technologies (FRA:5QJ) EBIT Explanation

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

Maxeon Solar Technologies's annualized ROC % for the quarter that ended in Sep. 2023 is calculated as:

	ROC % (Q: Sep. 2023 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Jun. 2023 )	+	Invested Capital (Q: Sep. 2023 ))	/ count )
=	-152.432 * ( 1 - 2.35% )	/	( (707.152	+	702.725)	/ 2 )
=	-148.849848	/	704.9385
=	-21.12 %

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	))
=	1342.332	-	251.299	-	( 401.931	-	max(0, 496.87	-	880.751	+	401.931	))
=	707.152

	Invested Capital		(Q: Sep. 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	))
=	1218.801	-	264.866	-	( 251.21	-	max(0, 484.005	-	786.482	+	251.21	))
=	702.725

Note: The Operating Income data used here is four times the quarterly (Sep. 2023) data.

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

Maxeon Solar Technologies's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2023 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Sep. 2023 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Jun. 2023		Q: Sep. 2023
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	-367.332	/	( ( (357.362 + max(-21.469, 0))	+	(358.697 + max(78.796, 0)) )	/	2 )
=	-367.332	/	( ( 357.362	+	437.493 )	/	2 )
=	-367.332	/	397.4275
=	-92.43 %

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)
=	(56.978	+	322.437	+	58.288)	-	(251.299	+	164.221	+	43.652)
=	-21.469

	Working Capital		(Q: Sep. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(85.578	+	361.813	+	87.881)	-	(264.866	+	191.611	+	-0.00099999999997635)
=	78.796

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Sep. 2023) EBIT data.

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

Maxeon Solar Technologies's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Sep. 2023 )
	=	-84.943	/	310.438
	=	-27.36 %

Maxeon Solar Technologies EBIT Related Terms

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

Maxeon Solar Technologies (FRA:5QJ) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Maxeon Solar Technologies Ltd (FRA:5QJ) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

MAXN:USA

Address

8 Marina Boulevard No. 05-02, Marina Bay Financial Centre, Singapore, SGP, 018981

Website

https://www.maxeon.com

Maxeon Solar Technologies Ltd is engaged in the manufacturing and marketing of premium solar technology. It owns and operates solar cell and panel manufacturing facilities located in Malaysia, Mexico, and the Philippines. The company's primary products are the Maxeon line of interdigitated back contact (IBC) solar cells and panels, and the Performance line (formerly, P-Series) of shingled solar cells and panels. the Maxeon line of solar panels are the highest-efficiency solar panels on the market with an aesthetically pleasing design, and the Performance line of solar panels offers a high-value and cost-effective solution. It is targeted at residential and small-scale commercial customers across the globe. The company derives its revenue from the United States, France, Italy, and Others.

Maxeon Solar Technologies (FRA:5QJ) Headlines

No Headlines