MTY Food Group (FRA:9MF) EBIT : €117.9 Mil (TTM As of Feb. 2024)

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What is MTY Food Group EBIT?

MTY Food Group's earnings before interest and taxes (EBIT) for the three months ended in Feb. 2024 was €24.1 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Feb. 2024 was €117.9 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. MTY Food Group's annualized ROC % for the quarter that ended in Feb. 2024 was 4.91%. MTY Food Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Feb. 2024 was 47.54%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. MTY Food Group's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Feb. 2024 was 7.56%.

MTY Food Group EBIT Historical Data

The historical data trend for MTY Food Group'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.

MTY Food Group EBIT Chart

MTY Food Group Annual Data

Trend

Nov14

Nov15

Nov16

Nov17

Nov18

Nov19

Nov20

Nov21

Nov22

Nov23

EBIT

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79.07

-21.17

86.77

81.51

116.98

MTY Food Group Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
EBIT	Get a 7-Day Free Trial															24.51	34.36	39.11	20.39	24.08

Competitive Comparison of MTY Food Group's EBIT

For the Restaurants subindustry, MTY Food Group'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.

MTY Food Group's EV-to-EBIT Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, MTY Food Group's EV-to-EBIT distribution charts can be found below:

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

MTY Food Group 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 quarterly data reported by the company within the most recent 12 months, which was €117.9 Mil.

MTY Food Group (FRA:9MF) EBIT Explanation

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

MTY Food Group'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: Nov. 2023 )	+	Invested Capital (Q: Feb. 2024 ))	/ count )
=	104.208 * ( 1 - 13.89% )	/	( (1814.69	+	1842.868)	/ 2 )
=	89.7335088	/	1828.779
=	4.91 %

where

	Invested Capital		(Q: Nov. 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	))
=	1806.622	-	99.469	-	( 39.702	-	max(0, 297.001	-	189.464	+	39.702	))
=	1814.69

	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	))
=	1825.181	-	101.471	-	( 34.727	-	max(0, 306.166	-	187.008	+	34.727	))
=	1842.868

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

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

MTY Food Group'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: Nov. 2023		Q: Feb. 2024
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	96.3	/	( ( (198.538 + max(-127.519, 0))	+	(206.602 + max(-135.333, 0)) )	/	2 )
=	96.3	/	( ( 198.538	+	206.602 )	/	2 )
=	96.3	/	202.57
=	47.54 %

where Working Capital is:

	Working Capital		(Q: Nov. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(55.95	+	13.975	+	16.727)	-	(99.469	+	109.792	+	4.91)
=	-127.519

	Working Capital		(Q: Feb. 2024 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(54.042	+	13.379	+	21.309)	-	(101.471	+	119.665	+	2.927)
=	-135.333

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Feb. 2024) EBIT data.

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

MTY Food Group's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Feb. 2024 )
	=	117.939	/	1560.573
	=	7.56 %

MTY Food Group EBIT Related Terms

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MTY Food Group (FRA:9MF) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » MTY Food Group Inc (FRA:9MF) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

MTYFF:USA 9MF:Germany MTY:Canada

Address

8150 autoroute Transcanadienne, Suite 200, Saint-Laurent, QC, CAN, H4S 1M5

Website

https://www.mtygroup.com

MTY Food Group Inc is a franchisor in the quick service and casual dining food industry. Its activities consist of franchising and operating corporate-owned locations as well as the sale of retail products under a multitude of banners. The company's operating segment is based on geographical regions namely Canada and US and International. The company brands include Big Smoke Burger, Cafe Depot, Country Style, Croissant Plus, Cultures, Extremepita, Fabrika, Jus Jugo Juice, Koya Japan, ManchuWok, Muffin plus, Valentine, Van Houtte, Shushiman and others.

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