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CNIM Group (LTS:0E0C) EBIT : €-162.2 Mil (TTM As of Jun. 2021)


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What is CNIM Group EBIT?

CNIM Group's earnings before interest and taxes (EBIT) for the six months ended in Jun. 2021 was €-71.5 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2021 was €-162.2 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. CNIM Group's annualized ROC % for the quarter that ended in Jun. 2021 was -21.30%. CNIM Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2021 was -195.10%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. CNIM Group's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2021 was -62.36%.


CNIM Group EBIT Historical Data

The historical data trend for CNIM 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.

CNIM Group EBIT Chart

CNIM Group Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 21.58 22.81 30.41 -182.39 -118.88

CNIM Group Semi-Annual Data
Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21
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 -83.03 -99.36 -28.15 -90.73 -71.45

Competitive Comparison of CNIM Group's EBIT

For the Waste Management subindustry, CNIM 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.


CNIM Group's EV-to-EBIT Distribution in the Waste Management Industry

For the Waste Management industry and Industrials sector, CNIM Group's EV-to-EBIT distribution charts can be found below:

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



CNIM 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. 2021 adds up the semi-annually data reported by the company within the most recent 12 months, which was €-162.2 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.


CNIM Group  (LTS:0E0C) EBIT Explanation

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

CNIM Group's annualized ROC % for the quarter that ended in Jun. 2021 is calculated as:

ROC % (Q: Jun. 2021 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2020 ) + Invested Capital (Q: Jun. 2021 ))/ count )
=-132.974 * ( 1 - -2.99% )/( (561.134 + 725.039)/ 2 )
=-136.9499226/643.0865
=-21.30 %

where

Invested Capital(Q: Dec. 2020 )
=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))
=739.334 - 240.832 - ( 143.101 - max(0, 629.258 - 566.626+143.101))
=561.134

Invested Capital(Q: Jun. 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))
=654.449 - 210.354 - ( 47.749 - max(0, 759.351 - 478.407+47.749))
=725.039

Note: The Operating Income data used here is two times the semi-annual (Jun. 2021) data.

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

CNIM Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2021 is calculated as:

ROC (Joel Greenblatt) %(Q: Jun. 2021 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2020  Q: Jun. 2021
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-142.902/( ( (71.982 + max(-265.024, 0)) + (74.511 + max(-203.364, 0)) )/ 2 )
=-142.902/( ( 71.982 + 74.511 )/ 2 )
=-142.902/73.2465
=-195.10 %

where Working Capital is:

Working Capital(Q: Dec. 2020 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(96.536 + 24.263 + 182.851) - (240.832 + 0 + 327.842)
=-265.024

Working Capital(Q: Jun. 2021 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(78.203 + 24.431 + 224.175) - (210.354 + 0 + 319.819)
=-203.364

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Jun. 2021) EBIT data.

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jun. 2021 )
=-162.185/260.088
=-62.36 %

* 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.


CNIM Group EBIT Related Terms

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CNIM Group (LTS:0E0C) Business Description

Traded in Other Exchanges
N/A
Address
35 rue de Bassano, Paris, FRA, 75008
CNIM Group is a company that provides industrial solutions. It operates through two reportable segments which include Environment and Energy and Innovation and Systems. The business of the group primarily functions in France, the United Kingdom, Asia, Rest of Europe and it derives the majority of its revenue through the Environment segment which consists of the construction of waste-to-energy and biomass-to-energy centers, flue gas, and bottom ash treatment systems and Construction of concentrated solar power plants.

CNIM Group (LTS:0E0C) Headlines

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