GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Net Servicos De Comunicacao SA (FRA:NS2C) » Definitions » EBIT

Net Servicos De Comunicacao (FRA:NS2C) EBIT : €314 Mil (TTM As of Dec. 2013)


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

What is Net Servicos De Comunicacao EBIT?

Net Servicos De Comunicacao's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2013 was €314 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2013 was €314 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Net Servicos De Comunicacao's annualized ROC % for the quarter that ended in Dec. 2013 was 2.92%. Net Servicos De Comunicacao's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2013 was 14.56%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Net Servicos De Comunicacao's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2013 was 12.24%.


Net Servicos De Comunicacao EBIT Historical Data

The historical data trend for Net Servicos De Comunicacao'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.

Net Servicos De Comunicacao EBIT Chart

Net Servicos De Comunicacao Annual Data
Trend Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 280.64 368.93 436.11 345.37 314.42

Net Servicos De Comunicacao Semi-Annual Data
Dec96 Dec97 Dec98 Dec99 Dec00 Dec01 Dec02 Dec03 Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13
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 280.64 368.93 436.11 345.37 314.42

Competitive Comparison of Net Servicos De Comunicacao's EBIT

For the Broadcasting subindustry, Net Servicos De Comunicacao'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.


Net Servicos De Comunicacao's EV-to-EBIT Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Net Servicos De Comunicacao's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Net Servicos De Comunicacao's EV-to-EBIT falls into.



Net Servicos De Comunicacao 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.

For stock reported annually, GuruFocus uses latest annual data as the TTM data. EBIT for the trailing twelve months (TTM) ended in Dec. 2013 was €314 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.


Net Servicos De Comunicacao  (FRA:NS2C) EBIT Explanation

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

Net Servicos De Comunicacao's annualized ROC % for the quarter that ended in Dec. 2013 is calculated as:

ROC % (Q: Dec. 2013 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2012 ) + Invested Capital (Q: Dec. 2013 ))/ count )
=327.755 * ( 1 - 67.25% )/( (3543.47 + 3796.834)/ 2 )
=107.3397625/3670.152
=2.92 %

where

Invested Capital(Q: Dec. 2012 )
=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))
=3579.54 - 572.469 - ( 14.086 - max(0, 960.891 - 424.492+14.086))
=3543.47

Invested Capital(Q: Dec. 2013 )
=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))
=3989.323 - 878.863 - ( 87.985 - max(0, 1243.577 - 557.203+87.985))
=3796.834

Note: The Operating Income data used here is one times the annual (Dec. 2013) data.

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

Net Servicos De Comunicacao's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2013 is calculated as:

ROC (Joel Greenblatt) %(Q: Dec. 2013 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2012  Q: Dec. 2013
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=314.418/( ( (2052.083 + max(-279.887, 0)) + (2266.903 + max(-501.747, 0)) )/ 2 )
=314.418/( ( 2052.083 + 2266.903 )/ 2 )
=314.418/2159.493
=14.56 %

where Working Capital is:

Working Capital(Q: Dec. 2012 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(277.751 + 25.197 + 79.173) - (572.469 + 73.828 + 15.711)
=-279.887

Working Capital(Q: Dec. 2013 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(341.693 + 46.2 + 68.02) - (878.863 + 56.566 + 22.231)
=-501.747

When net working capital is negative, 0 is used.

Note: The EBIT data used here is one times the annual (Dec. 2013) EBIT data.

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

Net Servicos De Comunicacao's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2013 )
=314.418/2568.464
=12.24 %

* 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.


Net Servicos De Comunicacao EBIT Related Terms

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


Net Servicos De Comunicacao (FRA:NS2C) Business Description

Traded in Other Exchanges
N/A
Address
Net Servicos de Comunicacao SA through its holdings provides pay-television and pay-per-view programming, digital cable, high-definition cable television with digital video recorder, broadband Internet service & fixed line telephony service.

Net Servicos De Comunicacao (FRA:NS2C) Headlines

No Headlines