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Hoevelrat Holding AG (HAM:C9T) EBIT : €0.86 Mil (TTM As of Dec. 2023)


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What is Hoevelrat Holding AG EBIT?

Hoevelrat Holding AG's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2023 was €0.86 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was €0.86 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Hoevelrat Holding AG's annualized ROC % for the quarter that ended in Dec. 2023 was -8.95%. Hoevelrat Holding AG's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 1,759.18%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Hoevelrat Holding AG's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 6.52%.

Hoevelrat Holding AG EBIT Historical Data

The historical data trend for Hoevelrat Holding 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.

* Premium members only.

Hoevelrat Holding AG EBIT Chart

Hoevelrat Holding AG Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EBIT
Get a 7-Day Free Trial 0.89 0.67 -1.24 0.60 0.86

Hoevelrat Holding AG Semi-Annual Data
Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EBIT Get a 7-Day Free Trial 0.89 0.67 -1.24 0.60 0.86

Competitive Comparison of Hoevelrat Holding AG's EBIT

For the Asset Management subindustry, Hoevelrat Holding 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.

Hoevelrat Holding AG's EV-to-EBIT Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Hoevelrat Holding AG's EV-to-EBIT distribution charts can be found below:

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


Hoevelrat Holding 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 Dec. 2023 was €0.86 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.

Hoevelrat Holding AG  (HAM:C9T) EBIT Explanation

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

Hoevelrat Holding AG's annualized ROC % for the quarter that ended in Dec. 2023 is calculated as:

ROC % (Q: Dec. 2023 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2022 ) + Invested Capital (Q: Dec. 2023 ))/ count )
=-1.006 * ( 1 - 32.48% )/( (7.313 + 7.873)/ 2 )
=-0.6792512/7.593
=-8.95 %

where

Invested Capital(Q: Dec. 2022 )
=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))
=7.958 - 0.04 - ( 0.605 - max(0, 0.041 - 2.17+0.605))
=7.313

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))
=8.162 - 0.023 - ( 0.266 - max(0, 0.024 - 2.284+0.266))
=7.873

Note: The Operating Income data used here is one times the annual (Dec. 2023) data.

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

Hoevelrat Holding AG's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 is calculated as:

ROC (Joel Greenblatt) %(Q: Dec. 2023 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2022  Q: Dec. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=0.862/( ( (0.001 + max(0.011, 0)) + (0.032 + max(0.054, 0)) )/ 2 )
=0.862/( ( 0.012 + 0.086 )/ 2 )
=0.862/0.049
=1,759.18 %

where Working Capital is:

Working Capital(Q: Dec. 2022 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0.052) - (0.04 + 0 + 0.001)
=0.011

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0.078) - (0.023 + 0 + 0.001)
=0.054

When net working capital is negative, 0 is used.

Note: The EBIT data used here is one times the annual (Dec. 2023) EBIT data.

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2023 )
=0.862/13.228
=6.52 %

* 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.

Hoevelrat Holding AG EBIT Related Terms

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Hoevelrat Holding AG Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Hoevelrat Holding AG (HAM:C9T) » Definitions » EBIT
Comparable Companies
HAM:EBS FRA:UCA1 XTER:M3BK HAM:B9V STU:DLB FRA:ADC XTER:EFF STU:HRU STU:ILK1 FRA:U1DA BLK BX KKR TSX:BAM OSTO:INVE A TSX:BN APO AMP LSE:III XSWX:PGHN
Traded in Other Exchanges
N/A
Address
Valentinskamp 90, Hamburg, DEU, 20355
Website
https://www.hoevelrat.de
Hoevelrat Holding AG is an independent asset manager. It is engaged in offering financial services. The firm provides various services such as research, marketing, controlling, distribution, staff, and sustainability.

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