Premier Miton Group (LSE:PMI) EBIT : £3.79 Mil (TTM As of Mar. 2024)

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What is Premier Miton Group EBIT?

Premier Miton Group's earnings before interest and taxes (EBIT) for the six months ended in Mar. 2024 was £0.76 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was £3.79 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Premier Miton Group's annualized ROC % for the quarter that ended in Mar. 2024 was 0.14%. Premier Miton Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 36.13%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Premier Miton Group's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 4.53%.

Premier Miton Group EBIT Historical Data

The historical data trend for Premier Miton 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.

* Premium members only.

Premier Miton Group EBIT Chart

Premier Miton Group Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

EBIT

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14.49

14.05

18.88

14.96

5.93

Premier Miton Group Semi-Annual Data
	Sep13	Sep14	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24
EBIT	Get a 7-Day Free Trial															9.89	5.07	2.90	3.03	0.76

Competitive Comparison of Premier Miton Group's EBIT

For the Asset Management subindustry, Premier Miton 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.

Premier Miton Group's EV-to-EBIT Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Premier Miton Group's EV-to-EBIT distribution charts can be found below:

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

Premier Miton 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 Mar. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was £3.79 Mil.

Premier Miton Group (LSE:PMI) EBIT Explanation

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

Premier Miton Group's annualized ROC % for the quarter that ended in Mar. 2024 is calculated as:

	ROC % (Q: Mar. 2024 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Sep. 2023 )	+	Invested Capital (Q: Mar. 2024 ))	/ count )
=	1.51 * ( 1 - 90.7% )	/	( (105.191	+	96.994)	/ 2 )
=	0.14043	/	101.0925
=	0.14 %

where

	Invested Capital		(Q: Sep. 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	))
=	257.007	-	116.941	-	( 39.07	-	max(0, 128.818	-	163.693	+	39.07	))
=	105.191

	Invested Capital		(Q: Mar. 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	))
=	263.063	-	135.354	-	( 30.715	-	max(0, 135.557	-	168.132	+	30.715	))
=	96.994

Note: The Operating Income data used here is two times the semi-annual (Mar. 2024) data.

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

Premier Miton Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Mar. 2024 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Sep. 2023		Q: Mar. 2024
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	1.51	/	( ( (3.242 + max(-119.445, 0))	+	(3.054 + max(2.063, 0)) )	/	2 )
=	1.51	/	( ( 3.242	+	5.117 )	/	2 )
=	1.51	/	4.1795
=	36.13 %

where Working Capital is:

	Working Capital		(Q: Sep. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(5.554	+	0	+	3.554)	-	(116.941	+	0	+	11.612)
=	-119.445

	Working Capital		(Q: Mar. 2024 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(137.417	+	0	+	0)	-	(135.354	+	0	+	-2.8421709430404E-14)
=	2.063

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Mar. 2024) EBIT data.

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

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

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Mar. 2024 )
	=	3.789	/	83.732
	=	4.53 %

Premier Miton Group EBIT Related Terms

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Premier Miton Group (LSE:PMI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Premier Miton Group PLC (LSE:PMI) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

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Address

High Street, Eastgate Court, Guildford, Surrey, GBR, GU1 3DE

Website

https://www.premiermiton.com

Premier Miton Group PLC is focused on delivering good investment outcomes for investors through relevant products and active management. The company's investment capabilities are designed to meet the investment objectives and preferences of different clients and cover a broad range of multi-asset, equity, absolute return, and fixed income investments. Its only operating segment being asset management. Majority of revenue is generated from Management fees. Revenue is derived from the UK and Channel Islands.

Premier Miton Group (LSE:PMI) Headlines

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