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Aryzta AG (LTS:0MFY) EBIT : CHF176 Mil (TTM As of Jun. 2024)


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What is Aryzta AG EBIT?

Aryzta AG's earnings before interest and taxes (EBIT) for the six months ended in Jun. 2024 was CHF94 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2024 was CHF176 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Aryzta AG's annualized ROC % for the quarter that ended in Jun. 2024 was 8.66%. Aryzta AG's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was 23.35%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Aryzta AG's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was 9.10%.


Aryzta AG EBIT Historical Data

The historical data trend for Aryzta 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.

* Premium members only.

Aryzta AG EBIT Chart

Aryzta AG Annual Data
Trend Jul13 Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only -483.76 41.20 -417.68 -1.08 40.56

Aryzta AG Semi-Annual Data
Jul14 Jan15 Jul15 Jan16 Jul16 Jan17 Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23 Jun24
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 -9.25 49.34 67.32 82.31 93.61

Competitive Comparison of Aryzta AG's EBIT

For the Packaged Foods subindustry, Aryzta 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.


Aryzta AG's EV-to-EBIT Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Aryzta AG's EV-to-EBIT distribution charts can be found below:

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



Aryzta 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 Jun. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was CHF176 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.


Aryzta AG  (LTS:0MFY) EBIT Explanation

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

Aryzta AG's annualized ROC % for the quarter that ended in Jun. 2024 is calculated as:

ROC % (Q: Jun. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jul. 2023 ) + Invested Capital (Q: Jun. 2024 ))/ count )
=164.714 * ( 1 - 16.4% )/( (1701.564 + 1480.205)/ 2 )
=137.700904/1590.8845
=8.66 %

where

Invested Capital(Q: Jul. 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))
=1897.928 - 336.376 - ( 126.213 - max(0, 552.521 - 412.509+126.213))
=1701.564

Invested Capital(Q: Jun. 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))
=1821.466 - 491.831 - ( 85.724 - max(0, 519.732 - 369.162+85.724))
=1480.205

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

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

Aryzta AG's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Jun. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jul. 2023  Q: Jun. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=187.226/( ( (807.553 + max(-236.89, 0)) + (796.434 + max(-210.317, 0)) )/ 2 )
=187.226/( ( 807.553 + 796.434 )/ 2 )
=187.226/801.9935
=23.35 %

where Working Capital is:

Working Capital(Q: Jul. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(114.345 + 124.766 + 34.159) - (336.376 + 0 + 173.784)
=-236.89

Working Capital(Q: Jun. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(163.27 + 116.896 + 3.272) - (491.831 + 0 + 1.924)
=-210.317

When net working capital is negative, 0 is used.

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

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jun. 2024 )
=175.922/1933.253
=9.10 %

* 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.


Aryzta AG EBIT Related Terms

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Aryzta AG Business Description

Traded in Other Exchanges
Address
Ifangstrasse 9, Schlieren, CHE, 8952
Aryzta AG is an international specialist food company. Geographically, it has a presence in Switzerland, Germany, France, and other countries. By product segment, bread rolls and artisan loaves is the substantial segment, followed by sweet baked & morning goods, and Savoury & Other. The Company has two operating and reporting segments, ARYZTA Europe and ARYZTA Rest of World, which comprise the continuing operations of the Group.

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