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Pacer International, (FRA:PA1) EBIT : €10.9 Mil (TTM As of Dec. 2013)


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What is Pacer International, EBIT?

Pacer International,'s earnings before interest and taxes (EBIT) for the three months ended in Dec. 2013 was €3.0 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2013 was €10.9 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Pacer International,'s annualized ROC % for the quarter that ended in Dec. 2013 was 8.99%. Pacer International,'s annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2013 was 23.20%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Pacer International,'s Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2013 was 4.81%.


Pacer International, EBIT Historical Data

The historical data trend for Pacer International,'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.

Pacer International, EBIT Chart

Pacer International, 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 -148.04 6.12 20.52 6.78 10.59

Pacer International, Quarterly Data
Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 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 Premium Member Only Premium Member Only 3.12 1.85 2.27 3.74 2.99

Competitive Comparison of Pacer International,'s EBIT

For the Integrated Freight & Logistics subindustry, Pacer International,'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.


Pacer International,'s EV-to-EBIT Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Pacer International,'s EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Pacer International,'s EV-to-EBIT falls into.



Pacer International, 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. 2013 adds up the quarterly data reported by the company within the most recent 12 months, which was €10.9 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.


Pacer International,  (FRA:PA1) EBIT Explanation

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

Pacer International,'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: Sep. 2013 ) + Invested Capital (Q: Dec. 2013 ))/ count )
=11.972 * ( 1 - 48.72% )/( (66.347 + 70.226)/ 2 )
=6.1392416/68.2865
=8.99 %

where

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

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

Pacer International,'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: Sep. 2013  Q: Dec. 2013
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=11.972/( ( (34.932 + max(18.176, 0)) + (33.142 + max(16.936, 0)) )/ 2 )
=11.972/( ( 53.108 + 50.078 )/ 2 )
=11.972/51.593
=23.20 %

where Working Capital is:

Working Capital(Q: Sep. 2013 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(81.981 + 0 + 9.873) - (73.678 + 0 + 0)
=18.176

Working Capital(Q: Dec. 2013 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(80.3 + 0 + 6.059) - (61.028 + 0 + 8.395)
=16.936

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Dec. 2013) EBIT data.

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

Pacer International,'s Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2013 )
=10.86/225.849
=4.81 %

* 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.


Pacer International, EBIT Related Terms

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Pacer International, (FRA:PA1) Business Description

Traded in Other Exchanges
N/A
Address
Pacer International, Inc., is an asset-light transportation and global logistics services provider. The Company provide its services from two operating segments, an intermodal segment, which provides intermodal transportation services mainly to beneficial cargo owners, transportation intermediaries and steamship lines who use intermodal transportation, and the logistics segment, which provides highway brokerage, supply chain management services, international freight forwarding, ocean shipping, and warehousing and distribution services to a wide variety of end-user customers. Intermodal segment offers full service door-to-door intermodal services to its customers, which include end-user customers, transportation intermediaries, such as intermodal marketing companies, and steamship lines. The Company logistics segment consists of: Highway brokerage services; International freight forwarding and NVOCC services; Warehousing and Distribution services; and Supply Chain Management services. The Company provides transportation and logistics services to many Fortune 500 and multi-national companies as well as to numerous other shippers and transportation third parties. The Company has direct sales and customer service representatives in its intermodal and logistics segments that sell and support its portfolio of services to a diverse customer base which includes beneficial cargo owners, steamship lines, truckload carriers, truck brokers, freight forwarders and other third party transportation service providers such as intermodal marketing companies, third-party logistics companies, and shippers' agents. The Company's main competitors are J.B. Hunt Transport, Schneider National, the Hub Group, C.H. Robinson, the supply chain solutions divisions of Ryder and Menlo Worldwide, Expeditors International and UTi Worldwide, Inc. The Company's facilities and operations are subject to federal, state and local environmental, hazardous materials transportation and occupational health and safety requirements, including those relating to the handling, labeling, shipping and transportation of hazardous materials, discharges of substances into the air, water and land, the handling, storage and disposal of wastes and the cleanup of properties affected by pollutants.

Pacer International, (FRA:PA1) Headlines

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