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Arca ContinentalB de CV (FRA:AJZ) EBIT : €1,886 Mil (TTM As of Mar. 2024)


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What is Arca ContinentalB de CV EBIT?

Arca ContinentalB de CV's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was €413 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was €1,886 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Arca ContinentalB de CV's annualized ROC % for the quarter that ended in Mar. 2024 was 10.39%. Arca ContinentalB de CV's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 44.52%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Arca ContinentalB de CV's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 11.11%.


Arca ContinentalB de CV EBIT Historical Data

The historical data trend for Arca ContinentalB 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.

Arca ContinentalB de CV EBIT Chart

Arca ContinentalB de CV Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 974.35 887.25 1,081.66 1,482.89 1,875.35

Arca ContinentalB de CV Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 381.96 494.41 498.57 480.32 412.76

Competitive Comparison of Arca ContinentalB de CV's EBIT

For the Beverages - Non-Alcoholic subindustry, Arca ContinentalB 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.


Arca ContinentalB de CV's EV-to-EBIT Distribution in the Beverages - Non-Alcoholic Industry

For the Beverages - Non-Alcoholic industry and Consumer Defensive sector, Arca ContinentalB de CV's EV-to-EBIT distribution charts can be found below:

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



Arca ContinentalB 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €1,886 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.


Arca ContinentalB de CV  (FRA:AJZ) EBIT Explanation

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

Arca ContinentalB de CV's annualized ROC % for the quarter that ended in Mar. 2024 is calculated as:

ROC % (Q: Mar. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2023 ) + Invested Capital (Q: Mar. 2024 ))/ count )
=1612.88 * ( 1 - 30.49% )/( (10776.098 + 10800.836)/ 2 )
=1121.112888/10788.467
=10.39 %

where

Invested Capital(Q: Dec. 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))
=12908.23 - 1731.124 - ( 1195.419 - max(0, 2541.779 - 2942.787+1195.419))
=10776.098

Invested Capital(Q: Mar. 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))
=13401.586 - 2084.773 - ( 1315.963 - max(0, 2536.687 - 3052.664+1315.963))
=10800.836

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

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

Arca ContinentalB de CV's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2023  Q: Mar. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=1651.04/( ( (3631.598 + max(-383.618, 0)) + (3784.647 + max(-697.386, 0)) )/ 2 )
=1651.04/( ( 3631.598 + 3784.647 )/ 2 )
=1651.04/3708.1225
=44.52 %

where Working Capital is:

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(648.978 + 585.836 + 255.027) - (1731.124 + 0 + 142.335)
=-383.618

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(657.176 + 642.08 + 88.131) - (2084.773 + 0 + 0)
=-697.386

When net working capital is negative, 0 is used.

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

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=1886.05/16974.455
=11.11 %

* 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.


Arca ContinentalB de CV EBIT Related Terms

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Arca ContinentalB de CV (FRA:AJZ) Business Description

Traded in Other Exchanges
Address
Avenue San Jeronimo 813 Pte, Monterrey, NL, MEX, 64640
Arca Continental is a major bottler for Coca-Cola, generating 94% of sales and nearly all profits by manufacturing and distributing sodas and nonsparkling drinks under Coca-Cola brands, which it sells to retailers and foodservice providers in the U.S. and Latin America. Food and snacks under Arca's own brands make up the rest of its business. By region, Mexico remains the largest beverage market contributing 40% of sales, followed by the U.S. (35%), Peru (8%), Ecuador (6%), and Argentina (5%). Coca-Cola has a 20% stake in AC Beverages, the entity that holds Arca's beverage assets in the U.S. and Latin America.

Arca ContinentalB de CV (FRA:AJZ) Headlines

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