GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Distribution » Indutrade AB (FRA:I1M) » Definitions » EBIT

Indutrade AB (FRA:I1M) EBIT : €348 Mil (TTM As of Mar. 2024)


View and export this data going back to 2018. Start your Free Trial

What is Indutrade AB EBIT?

Indutrade AB's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was €78 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was €348 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Indutrade AB's annualized ROC % for the quarter that ended in Mar. 2024 was 9.84%. Indutrade AB's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 35.52%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Indutrade AB's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 3.65%.


Indutrade AB EBIT Historical Data

The historical data trend for Indutrade AB'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.

Indutrade AB EBIT Chart

Indutrade AB 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 191.79 221.05 275.44 331.19 375.20

Indutrade AB 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 96.20 90.94 87.15 91.72 77.76

Competitive Comparison of Indutrade AB's EBIT

For the Industrial Distribution subindustry, Indutrade AB'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.


Indutrade AB's EV-to-EBIT Distribution in the Industrial Distribution Industry

For the Industrial Distribution industry and Industrials sector, Indutrade AB's EV-to-EBIT distribution charts can be found below:

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



Indutrade AB 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 €348 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.


Indutrade AB  (FRA:I1M) EBIT Explanation

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

Indutrade AB'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 )
=311.048 * ( 1 - 23.14% )/( (2334.607 + 2522.305)/ 2 )
=239.0714928/2428.456
=9.84 %

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))
=2795.985 - 192.114 - ( 269.264 - max(0, 632.217 - 1255.583+269.264))
=2334.607

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))
=2953.706 - 196.437 - ( 234.964 - max(0, 699.943 - 1322.655+234.964))
=2522.305

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

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

Indutrade AB'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 )
=311.048/( ( (393.169 + max(475.325, 0)) + (412.137 + max(470.899, 0)) )/ 2 )
=311.048/( ( 868.494 + 883.036 )/ 2 )
=311.048/875.765
=35.52 %

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)
=(394.599 + 479.616 + 38.709) - (192.114 + 0 + 245.485)
=475.325

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(449.515 + 494.052 + -0.00099999999997635) - (196.437 + 0 + 276.23)
=470.899

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:

Indutrade AB's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=347.57/9528.489
=3.65 %

* 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.


Indutrade AB EBIT Related Terms

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


Indutrade AB (FRA:I1M) Business Description

Traded in Other Exchanges
Address
Raseborgsgatan 9, Box 6044, Kista, SWE, SE-164 06
Indutrade AB is an industrial group that sells and distributes high-tech components and systems through a vast range of subsidiaries. The group is active in eight business areas: Benelux, DACH, Finland, flow technology, fluids and mechanical solutions, industrial components, measurement and sensor technology, and the United Kingdom. The company offers products like valves, pipes and pipe systems, measurement technology, pumps, hydraulics and industrial equipment, and consumables. The primary region of business for the group's subsidiaries in Europe.

Indutrade AB (FRA:I1M) Headlines

No Headlines