NRKBY (NKT AS) EBIT : $272 Mil (TTM As of Sep. 2024)

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What is NKT AS EBIT?

NKT AS's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2024 was $154 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2024 was $272 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. NKT AS's annualized ROC % for the quarter that ended in Sep. 2024 was 12.05%. NKT AS's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 46.42%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. NKT AS's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 7.12%.

NKT AS EBIT Historical Data

The historical data trend for NKT AS'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.

NKT AS EBIT Chart

NKT AS Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

EBIT

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-91.67

-59.25

30.06

91.63

172.63

NKT AS Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
EBIT	Get a 7-Day Free Trial															118.46	-155.62	130.44	143.17	154.27

Competitive Comparison of NKT AS's EBIT

For the Electrical Equipment & Parts subindustry, NKT AS'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.

NKT AS's EV-to-EBIT Distribution in the Industrial Products Industry

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

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

NKT AS 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 Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $272 Mil.

NKT AS (OTCPK:NRKBY) EBIT Explanation

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

NKT AS's annualized ROC % for the quarter that ended in Sep. 2024 is calculated as:

	ROC % (Q: Sep. 2024 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Jun. 2024 )	+	Invested Capital (Q: Sep. 2024 ))	/ count )
=	617.092 * ( 1 - 19.72% )	/	( (4096.879	+	4127.636)	/ 2 )
=	495.4014576	/	4112.2575
=	12.05 %

where

	Invested Capital		(Q: Jun. 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	))
=	4948.332	-	532.831	-	( 1618.945	-	max(0, 2654.467	-	2973.089	+	1618.945	))
=	4096.879

	Invested Capital		(Q: Sep. 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	))
=	4978.912	-	578.246	-	( 1508.324	-	max(0, 2562.708	-	2835.738	+	1508.324	))
=	4127.636

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

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

NKT AS's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Sep. 2024 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Jun. 2024		Q: Sep. 2024
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	617.092	/	( ( (1260.495 + max(-1409.042, 0))	+	(1398.446 + max(-1349.612, 0)) )	/	2 )
=	617.092	/	( ( 1260.495	+	1398.446 )	/	2 )
=	617.092	/	1329.4705
=	46.42 %

where Working Capital is:

	Working Capital		(Q: Jun. 2024 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(504.844	+	435.953	+	278.794)	-	(532.831	+	0	+	2095.802)
=	-1409.042

	Working Capital		(Q: Sep. 2024 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(508.324	+	435.072	+	254.162)	-	(578.246	+	0	+	1968.924)
=	-1349.612

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Sep. 2024) EBIT data.

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

NKT AS's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Sep. 2024 )
	=	272.257	/	3822.582
	=	7.12 %

NKT AS EBIT Related Terms

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NKT AS Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » NKT AS (OTCPK:NRKBY) » Definitions » EBIT

Traded in Other Exchanges

NRKBF:USA NKTc:UK 0MGC:UK NKT:Denmark NKT:Germany

Address

Vibeholms Alle 20, Broendby, DNK, 2605

Website

https://www.nkt.com

NKT AS is a Denmark-based holding company that acquires, owns, and manages industrial companies in three business areas: Solutions, Applications, and Service and Accessories. NKT provides cables for power infrastructure, including onshore and offshore power transmission system, and its solutions bring power to interconnections, hydro-electric, and nuclear power plants, including onshore and offshore wind farms, oil and gas platforms, and solar energy. NKT Photonics, a supplier of fiber lasers and photonic crystal fibers. Geographically, the company operates and derives its majority revenue from mainland Europe, but it's also expanding its business to the U.S., China, and the U.K.