Wirecard AG (HAM:WDI) EBIT: €585 Mil (TTM As of Sep. 2019)


HAM:WDI Wirecard AG HAM:WDI
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What is Wirecard AG EBIT?

Wirecard AG HAM:WDI -2.74% 10 EBIT is €585 Mil as of Sep. 2019. GuruFocus rates HAM:WDI with a GF Score™ of 10/100.

Wirecard AG's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2019 was €186 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2019 was €585 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Wirecard AG's annualized ROC % for the quarter that ended in Sep. 2019 was 14.61%. Wirecard AG's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2019 was 692.79%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Wirecard AG's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2019 was -29.91%.

Wirecard AG  (HAM:WDI) EBIT Explanation

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

Wirecard AG's annualized ROC % for the quarter that ended in Sep. 2019 is calculated as:

ROC % (Q: Sep. 2019 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jun. 2019 ) + Invested Capital (Q: Sep. 2019 ))/ count )
=764 * ( 1 - 11.4% )/( (4579.3 + 4684.3)/ 2 )
=676.904/4631.8
=14.61 %

where

Invested Capital(Q: Jun. 2019 )
=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))
=6697.6 - 65.9 - ( 3563.5 - max(0, 2722.5 - 4774.9+3563.5))
=4579.3

Invested Capital(Q: Sep. 2019 )
=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))
=7001.5 - 78.8 - ( 3839 - max(0, 2805.4 - 5043.8+3839))
=4684.3

Note: The Operating Income data used here is four times the quarterly (Sep. 2019) data.

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

Wirecard AG's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2019 is calculated as:

ROC (Joel Greenblatt) %(Q: Sep. 2019 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2019  Q: Sep. 2019
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=744.4/( ( (109.8 + max(-2269.7, 0)) + (105.1 + max(-2317.5, 0)) )/ 2 )
=744.4/( ( 109.8 + 105.1 )/ 2 )
=744.4/107.45
=692.79 %

where Working Capital is:

Working Capital(Q: Jun. 2019 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(271.3 + 7.6 + 24) - (65.9 + 0 + 2506.7)
=-2269.7

Working Capital(Q: Sep. 2019 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(291.5 + 7.1 + 34.400000000001) - (78.8 + 0 + 2571.7)
=-2317.5

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Sep. 2019) EBIT data.

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2019 )
=585.1/-1956.405
=-29.91 %

* 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.

Wirecard AG EBIT Related Terms

Wirecard AG EBIT Historical Data

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The historical data trend for Wirecard 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.

Wirecard AG EBIT Chart

Wirecard AG Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 130.37 174.49 318.74 314.30 442.30

Wirecard AG Quarterly Data
Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19
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 126.00 111.20 132.40 155.40 186.10

HAM:WDI vs CRM, INTU, NOW: EBIT Comparison

For the Software - Application subindustry, Wirecard 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.

Wirecard AG EV-to-EBIT vs Software Industry

For the Software industry and Technology sector, Wirecard AG's EV-to-EBIT distribution charts can be found below:

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


HAM:WDI
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Wirecard AG HAM:WDI
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Wirecard 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.

EBIT for the trailing twelve months (TTM) ended in Sep. 2019 adds up the quarterly data reported by the company within the most recent 12 months, which was €585 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 €585 Mil mean?
Wirecard AG (HAM:WDI) has a EBIT of €585 Mil as of Sep. 2019. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Wirecard AG.
Is Wirecard AG's EBIT too high?
Wirecard AG's current EBIT is €585 Mil. Overall, Wirecard AG has a GF Score™ of 10/100, reflecting its overall financial health beyond just this single metric.
How does Wirecard AG's EBIT compare to CRM and INTU?
Wirecard AG's EBIT of €585 Mil can be compared against companies in the Software 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 Software company?
A good EBIT depends on the Software 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 Wirecard AG. Wirecard AG's current EBIT is €585 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Wirecard AG stock overvalued right now?
Wirecard AG (HAM:WDI) has a current EBIT of €585 Mil. The current EBIT is €585 Mil. Wirecard AG's overall GF Score™ is 10/100. 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 Wirecard AG (HAM:WDI), the current EBIT is €585 Mil as of Sep. 2019. 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.

Wirecard AG Business Description

Address Einsteinring 35, Aschheim, DEU, 85609
Wirecard AG is a Germany-based provider of software solutions to the financial services industry. The firm's operations are organized in three segments: Payment Processing and Risk Management, which offers electronic payment processing services; Acquiring and Issuing, which issues credit cards and statements for payments and transactions; and Call Center and Communication Services, which offers relationship management services to corporate customers. The firm has operations in Europe, the United States, and the Asia-Pacific region.
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EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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