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Port of Tauranga (FRA:PKF1) EBIT : €90.5 Mil (TTM As of Jun. 2024)


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What is Port of Tauranga EBIT?

Port of Tauranga's earnings before interest and taxes (EBIT) for the six months ended in Jun. 2024 was €48.3 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2024 was €90.5 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Port of Tauranga's annualized ROC % for the quarter that ended in Jun. 2024 was 3.08%. Port of Tauranga's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was 6.70%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Port of Tauranga's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was 3.31%.


Port of Tauranga EBIT Historical Data

The historical data trend for Port of Tauranga'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.

Port of Tauranga EBIT Chart

Port of Tauranga Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 78.03 89.66 99.03 100.40 90.42

Port of Tauranga Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 48.96 55.94 47.58 42.13 48.32

Competitive Comparison of Port of Tauranga's EBIT

For the Marine Shipping subindustry, Port of Tauranga'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.


Port of Tauranga's EV-to-EBIT Distribution in the Transportation Industry

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

* The bar in red indicates where Port of Tauranga's EV-to-EBIT falls into.



Port of Tauranga 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 Jun. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was €90.5 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.


Port of Tauranga  (FRA:PKF1) EBIT Explanation

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

Port of Tauranga's annualized ROC % for the quarter that ended in Jun. 2024 is calculated as:

ROC % (Q: Jun. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2023 ) + Invested Capital (Q: Jun. 2024 ))/ count )
=91.702 * ( 1 - 41.25% )/( (1737.995 + 1765.502)/ 2 )
=53.874925/1751.7485
=3.08 %

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))
=1615.736 - 23.947 - ( 11.621 - max(0, 196.137 - 49.931+11.621))
=1737.995

Note: The Operating Income data used here is two times the semi-annual (Jun. 2024) data.

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

Port of Tauranga's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Jun. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2023  Q: Jun. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=96.638/( ( (1415.528 + max(11.094, 0)) + (1450.756 + max(7.125, 0)) )/ 2 )
=96.638/( ( 1426.622 + 1457.881 )/ 2 )
=96.638/1442.2515
=6.70 %

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)
=(37.135 + 1.044 + 0.131) - (23.947 + 1.93 + 1.339)
=11.094

Working Capital(Q: Jun. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(36.429 + 1.143 + 0.194) - (22.908 + 5.337 + 2.396)
=7.125

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Jun. 2024) EBIT data.

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

Port of Tauranga's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jun. 2024 )
=90.45/2730.128
=3.31 %

* 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.


Port of Tauranga EBIT Related Terms

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Port of Tauranga Business Description

Traded in Other Exchanges
Address
Salisbury Avenue, Private Bag 12504, Tauranga Mail Centre, Mount Maunganui, Tauranga, NTL, NZL, 3143
Port of Tauranga is the largest, fastest-growing, and most efficient port in New Zealand. The company was established in 1985 by the government and remains majority owned by the Bay of Plenty Regional Council. The port is connected by road and rail to Auckland, Waikato, and the central North Island. In addition to the port at Tauranga, the firm owns stakes in smaller ports and inland freight hubs closer to Auckland and on the South Island to facilitate trade flows.

Port of Tauranga Headlines

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