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Chervon Holdings (FRA:AZ9) EBIT : €-36 Mil (TTM As of Dec. 2023)


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What is Chervon Holdings EBIT?

Chervon Holdings's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2023 was €-95 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was €-36 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Chervon Holdings's annualized ROC % for the quarter that ended in Dec. 2023 was -13.99%. Chervon Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -24.47%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Chervon Holdings's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -2.85%.


Chervon Holdings EBIT Historical Data

The historical data trend for Chervon Holdings'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.

Chervon Holdings EBIT Chart

Chervon Holdings Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EBIT
Get a 7-Day Free Trial 56.44 63.71 171.48 164.83 -36.17

Chervon Holdings Semi-Annual Data
Dec18 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only 65.99 82.43 82.58 59.21 -95.00

Competitive Comparison of Chervon Holdings's EBIT

For the Specialty Industrial Machinery subindustry, Chervon Holdings'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.


Chervon Holdings's EV-to-EBIT Distribution in the Industrial Products Industry

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

* The bar in red indicates where Chervon Holdings's EV-to-EBIT falls into.



Chervon Holdings 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 Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was €-36 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.


Chervon Holdings  (FRA:AZ9) EBIT Explanation

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

Chervon Holdings's annualized ROC % for the quarter that ended in Dec. 2023 is calculated as:

ROC % (Q: Dec. 2023 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jun. 2023 ) + Invested Capital (Q: Dec. 2023 ))/ count )
=-167.458 * ( 1 - 19.22% )/( (901.463 + 1032.133)/ 2 )
=-135.2725724/966.798
=-13.99 %

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))
=1665.257 - 398.04 - ( 365.754 - max(0, 627.86 - 1249.085+365.754))
=901.463

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))
=1647.285 - 343.411 - ( 271.741 - max(0, 608.361 - 1206.048+271.741))
=1032.133

Note: The Operating Income data used here is two times the semi-annual (Dec. 2023) data.

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

Chervon Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 is calculated as:

ROC (Joel Greenblatt) %(Q: Dec. 2023 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2023  Q: Dec. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-189.996/( ( (284.923 + max(451.723, 0)) + (308.129 + max(507.925, 0)) )/ 2 )
=-189.996/( ( 736.646 + 816.054 )/ 2 )
=-189.996/776.35
=-24.47 %

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)
=(269.162 + 521.659 + 91.236) - (398.04 + 0 + 32.294)
=451.723

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(326.99 + 486.882 + 118.212) - (343.411 + 0 + 80.748)
=507.925

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Dec. 2023) EBIT data.

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

Chervon Holdings's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2023 )
=-35.788/1257.214
=-2.85 %

* 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.


Chervon Holdings EBIT Related Terms

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Chervon Holdings (FRA:AZ9) Business Description

Traded in Other Exchanges
Address
No. 99, Tianyuan West Road, Jiangning Economic and Technological, Development Zone, Nanjing, CHN
Chervon Holdings Ltd is an investment holding company. The company and its subsidiaries are engaged in researching, developing, manufacturing, testing, sales, and after-sale services for power tools, outdoor power equipment and related products. The Company earned majority of its revenue from Sales of outdoor power equipment.

Chervon Holdings (FRA:AZ9) Headlines

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