Cineworld Group (LSE:CINF) EBIT: £232.53 Mil (TTM As of Jun. 2022)


What is Cineworld Group EBIT?

Cineworld Group LSE:CINF 4 EBIT is £232.53 Mil as of Jun. 2022. GuruFocus rates LSE:CINF with a GF Score™ of 4/100. The stock has 6 warning signs investors should review.

Cineworld Group's earnings before interest and taxes (EBIT) for the six months ended in Jun. 2022 was £31.75 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2022 was £232.53 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Cineworld Group's annualized ROC % for the quarter that ended in Jun. 2022 was 1.89%. Cineworld Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2022 was 2.16%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Cineworld Group's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2022 was 29.65%.

Cineworld Group  (LSE:CINF) EBIT Explanation

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

Cineworld Group's annualized ROC % for the quarter that ended in Jun. 2022 is calculated as:

ROC % (Q: Jun. 2022 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2021 ) + Invested Capital (Q: Jun. 2022 ))/ count )
=200.726 * ( 1 - 19.48% )/( (8413.752 + 8685.152)/ 2 )
=161.6245752/8549.452
=1.89 %

where

Invested Capital(Q: Dec. 2021 )
=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))
=7798.766 - 158.371 - ( 266.434 - max(0, 1174.323 - 400.966+266.434))
=8413.752

Invested Capital(Q: Jun. 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))
=7858.049 - 476.725 - ( 106.047 - max(0, 1514.542 - 210.714+106.047))
=8685.152

Note: The Operating Income data used here is two times the semi-annual (Jun. 2022) data.

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

Cineworld Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2022 is calculated as:

ROC (Joel Greenblatt) %(Q: Jun. 2022 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2021  Q: Jun. 2022
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=63.498/( ( (2957.014 + max(-500.306, 0)) + (2918.328 + max(-568.805, 0)) )/ 2 )
=63.498/( ( 2957.014 + 2918.328 )/ 2 )
=63.498/2937.671
=2.16 %

where Working Capital is:

Working Capital(Q: Dec. 2021 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(71.29 + 18.274 + 44.968) - (158.371 + 0 + 476.467)
=-500.306

Working Capital(Q: Jun. 2022 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(82.418 + 20.787 + 1.462) - (476.725 + 0 + 196.747)
=-568.805

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Jun. 2022) EBIT data.

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

Cineworld Group's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jun. 2022 )
=232.533/784.169
=29.65 %

* 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.

Cineworld Group EBIT Related Terms

Cineworld Group EBIT Historical Data

* Premium members only.

The historical data trend for Cineworld Group'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.

Cineworld Group EBIT Chart

Cineworld Group Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 123.02 440.66 560.88 -1,817.74 45.12

Cineworld Group Semi-Annual Data
Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22
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 -1,104.86 -788.94 -147.59 200.78 31.75

LSE:CINF vs NFLX, DIS, WBD: EBIT Comparison

For the Entertainment subindustry, Cineworld Group'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.

Cineworld Group EV-to-EBIT vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Cineworld Group's EV-to-EBIT distribution charts can be found below:

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


Cineworld Group 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. 2022 adds up the semi-annually data reported by the company within the most recent 12 months, which was £232.53 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 £232.53 Mil mean?
Cineworld Group (LSE:CINF) has a EBIT of £232.53 Mil as of Jun. 2022. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Cineworld Group.
Is Cineworld Group's EBIT too high?
Cineworld Group's current EBIT is £232.53 Mil. Overall, Cineworld Group has a GF Score™ of 4/100, reflecting its overall financial health beyond just this single metric.
How does Cineworld Group's EBIT compare to NFLX and DIS?
Cineworld Group's EBIT of £232.53 Mil can be compared against companies in the Media - Diversified 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 Media - Diversified company?
A good EBIT depends on the Media - Diversified 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 Cineworld Group. Cineworld Group's current EBIT is £232.53 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cineworld Group stock overvalued right now?
Cineworld Group (LSE:CINF) has a current EBIT of £232.53 Mil. The current EBIT is £232.53 Mil. Cineworld Group's overall GF Score™ is 4/100 with 6 warning signs to review. 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 Cineworld Group (LSE:CINF), the current EBIT is £232.53 Mil as of Jun. 2022. 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.

Cineworld Group Business Description

Address Great West Road, 8th Floor, Vantage London, Brentford, GBR, TW8 9AG
Cineworld Group PLC is a diversified media company, which operates chains of movie theaters. Its business segments are the U.S., U.K., & Ireland and the rest of the world (ROW). Within each segment, it operates theaters through different brands. In the U.S., Cineworld owns cinema brands Regal, United Artists, and Edwards theaters. They operate out of Cineworld and Picturehouse in the U.K. and Ireland. Cineworld also owns Cinema City in Central and Eastern Europe and Yes Planet and Rav-Chen in Israel for its ROW segment. The company generates revenue through ticket sales and food, beverage, and merchandise sales. It also earns additional revenue through retail and screen advertising and property market and development. The company generates most of its revenue in the U.S.