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Club Mediterranee (LTS:0K8Q) EBIT : €8 Mil (TTM As of Oct. 2014)


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What is Club Mediterranee EBIT?

Club Mediterranee's earnings before interest and taxes (EBIT) for the six months ended in Oct. 2014 was €8 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Oct. 2014 was €8 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Club Mediterranee's annualized ROC % for the quarter that ended in Oct. 2014 was 0.98%. Club Mediterranee's annualized ROC (Joel Greenblatt) % for the quarter that ended in Oct. 2014 was 1.08%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Club Mediterranee's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Oct. 2014 was 0.91%.

Club Mediterranee EBIT Historical Data

The historical data trend for Club Mediterranee'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.

Club Mediterranee EBIT Chart

Club Mediterranee Annual Data
Trend Oct06 Oct07 Oct08 Oct09 Oct10 Oct11 Oct12 Oct13 Oct14
EBIT
Get a 7-Day Free Trial Premium Member Only 10.00 26.00 22.00 13.00 8.00

Club Mediterranee Semi-Annual Data
Oct06 Oct07 Oct08 Oct09 Oct10 Oct11 Oct12 Oct13 Oct14
EBIT Get a 7-Day Free Trial Premium Member Only 10.00 26.00 22.00 13.00 8.00

Competitive Comparison of Club Mediterranee's EBIT

For the Lodging subindustry, Club Mediterranee'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.

Club Mediterranee's EV-to-EBIT Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Club Mediterranee's EV-to-EBIT distribution charts can be found below:

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


Club Mediterranee 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 Oct. 2014 was €8 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.

Club Mediterranee  (LTS:0K8Q) EBIT Explanation

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

Club Mediterranee's annualized ROC % for the quarter that ended in Oct. 2014 is calculated as:

ROC % (Q: Oct. 2014 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Oct. 2013 ) + Invested Capital (Q: Oct. 2014 ))/ count )
=13 * ( 1 - 0% )/( (1302 + 1350)/ 2 )
=13/1326
=0.98 %

where

Invested Capital(Q: Oct. 2013 )
=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))
=1216 - 121 - ( 66 - max(0, 486 - 279+66))
=1302

Invested Capital(Q: Oct. 2014 )
=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))
=1245 - 128 - ( 76 - max(0, 529 - 296+76))
=1350

Note: The Operating Income data used here is one times the annual (Oct. 2014) data.

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

Club Mediterranee's annualized ROC (Joel Greenblatt) % for the quarter that ended in Oct. 2014 is calculated as:

ROC (Joel Greenblatt) %(Q: Oct. 2014 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Oct. 2013  Q: Oct. 2014
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=8/( ( (743 + max(-232, 0)) + (740 + max(-260, 0)) )/ 2 )
=8/( ( 743 + 740 )/ 2 )
=8/741.5
=1.08 %

where Working Capital is:

Working Capital(Q: Oct. 2013 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(39 + 34 + 140) - (121 + 0 + 324)
=-232

Working Capital(Q: Oct. 2014 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(39 + 30 + 151) - (128 + 0 + 352)
=-260

When net working capital is negative, 0 is used.

Note: The EBIT data used here is one times the annual (Oct. 2014) EBIT data.

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

Club Mediterranee's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Oct. 2014 )
=8/879.240
=0.91 %

* 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.

Club Mediterranee EBIT Related Terms

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Club Mediterranee (LTS:0K8Q) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Club Mediterranee SA (LTS:0K8Q) » Definitions » EBIT
Comparable Companies
POSADAS A OSTO:SHOT HKSE:06139 HKSE:02006 LSE:PPH XTAE:ISRO BOM:542399 ADX:ADNH TSE:8920 TSE:9708 SHSE:600054 GHG XTAE:DANH ISX:CLAY BOM:500840 SGX:B16 SHSE:600138 CAI:PHTV.CA ISX:INPP SGX:H18
Traded in Other Exchanges
N/A
Address
Website
http://www.clubmed.com
Club Méditerranée, established on November 12, 1957, operates in the tourism market. The Group is organized into three geographical regions: The Europe-Africa region (EAF), comprising the countries of Europe, the Middle East and Africa; the Americas region, aggregating the North America (including the West Indies) and South America operating segments; the Asia region, comprising the countries of Eastern and Southern Asia and the Pacific (ESAP) and Greater China (China, Taiwan, Hong Kong). The Group also has a real estate development business which builds and sells villas and luxury chalet-apartments.

Club Mediterranee (LTS:0K8Q) Headlines

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