Arcandor AG (HAM:ARO) EBIT: €-7 Mil (TTM As of Sep. 2008)


What is Arcandor AG EBIT?

Arcandor AG HAM:ARO +28.57% EBIT is €-7 Mil as of Sep. 2008.

Arcandor AG's earnings before interest and taxes (EBIT) for the six months ended in Sep. 2008 was €-7 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2008 was €-7 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Arcandor AG's annualized ROC % for the quarter that ended in Sep. 2008 was -1.60%. Arcandor AG's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2008 was -0.25%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield.

Arcandor AG  (HAM:ARO) EBIT Explanation

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

Arcandor AG's annualized ROC % for the quarter that ended in Sep. 2008 is calculated as:

ROC % (Q: Sep. 2008 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2006 ) + Invested Capital (Q: Sep. 2008 ))/ count )
=-164.81 * ( 1 - 0% )/( (6789.918 + 13856.033)/ 2 )
=-164.81/10322.9755
=-1.60 %

where

Invested Capital(Q: Dec. 2006 )
=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))
=7970.758 - 28.749 - ( 1152.091 - max(0, 28.749 - 3789.843+1152.091))
=6789.918

Invested Capital(Q: Sep. 2008 )
=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))
=14009.125 - 3309.837 - ( 2423.463 - max(0, 8285.012 - 5128.267+2423.463))
=13856.033

Note: The Operating Income data used here is one times the annual (Sep. 2008) data.

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

Arcandor AG's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2008 is calculated as:

ROC (Joel Greenblatt) %(Q: Sep. 2008 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2006  Q: Sep. 2008
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-7.42/( ( (1085.663 + max(2609.003, 0)) + (2360.101 + max(-6134.104, 0)) )/ 2 )
=-7.42/( ( 3694.666 + 2360.101 )/ 2 )
=-7.42/3027.3835
=-0.25 %

where Working Capital is:

Working Capital(Q: Dec. 2006 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 1242.458 + 1395.294) - (28.749 + 0 + 0)
=2609.003

Working Capital(Q: Sep. 2008 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(715.133 + 1366.891 + 68.884) - (3309.837 + 0 + 4975.175)
=-6134.104

When net working capital is negative, 0 is used.

Note: The EBIT data used here is one times the annual (Sep. 2008) EBIT data.

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

Arcandor AG's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2008 )
=-7.42/0.000
= %

* 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.

Arcandor AG EBIT Related Terms

Arcandor AG EBIT Historical Data

* Premium members only.

The historical data trend for Arcandor AG'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.

Arcandor AG EBIT Chart

Arcandor AG Annual Data
Trend Dec02 Dec03 Dec04 Dec05 Dec06 Sep07 Sep08
EBIT
Get a 7-Day Free Trial 10,280.02 8,960.82 9,877.29 976.33 -7.42

Arcandor AG Semi-Annual Data
Dec02 Dec03 Dec04 Dec05 Dec06 Sep08
EBIT Get a 7-Day Free Trial 140.56 10,280.02 8,960.82 9,877.29 -7.42

HAM:ARO vs DBHSF: EBIT Comparison

For the Department Stores subindustry, Arcandor AG'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.

Arcandor AG EV-to-EBIT vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Arcandor AG's EV-to-EBIT distribution charts can be found below:

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


Arcandor AG 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 Sep. 2008 was €-7 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.

Frequently Asked Questions Learn more about EBIT →
What does a EBIT of €-7 Mil mean?
Arcandor AG (HAM:ARO) has a EBIT of €-7 Mil as of Sep. 2008. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Arcandor AG.
Is Arcandor AG's EBIT too high?
Arcandor AG's current EBIT is €-7 Mil.
How does Arcandor AG's EBIT compare to DBHSF?
Arcandor AG's EBIT of €-7 Mil can be compared against companies in the Retail - Cyclical industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBIT for a Retail - Cyclical company?
A good EBIT depends on the Retail - Cyclical industry context. However, EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EBIT mean?
A high EBIT can signal that a stock is expensive relative to its fundamentals. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Arcandor AG. Arcandor AG's current EBIT is €-7 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Arcandor AG stock overvalued right now?
Arcandor AG (HAM:ARO) has a current EBIT of €-7 Mil. The current EBIT is €-7 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBIT calculated?
EBIT is calculated from a company's financial statements. For Arcandor AG (HAM:ARO), the current EBIT is €-7 Mil as of Sep. 2008. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Arcandor AG Business Description

Address Arcandor AG, Theodor-althoff-strac E 2, Essen, DEU, 45133
Arcandor AG is in insolvency. Arcandor was a German handels and tourism company, with the divisions Karstadt, mail-order operation (Primondo) and Thomas Cook.