GURUFOCUS.COM » STOCK LIST » Industrials » Waste Management » Greenthesis SpA (LTS:0NII) » Definitions » EBIT

Greenthesis SpA (LTS:0NII) EBIT : €28.0 Mil (TTM As of Dec. 2023)


View and export this data going back to 2008. Start your Free Trial

What is Greenthesis SpA EBIT?

Greenthesis SpA's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2023 was €12.6 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was €28.0 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Greenthesis SpA's annualized ROC % for the quarter that ended in Dec. 2023 was 6.80%. Greenthesis SpA's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 15.75%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Greenthesis SpA's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 6.66%.


Greenthesis SpA EBIT Historical Data

The historical data trend for Greenthesis SpA'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.

Greenthesis SpA EBIT Chart

Greenthesis SpA Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.48 17.01 15.11 30.80 27.99

Greenthesis SpA Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 3.90 14.71 16.09 15.34 12.65

Competitive Comparison of Greenthesis SpA's EBIT

For the Waste Management subindustry, Greenthesis SpA'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.


Greenthesis SpA's EV-to-EBIT Distribution in the Waste Management Industry

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

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



Greenthesis SpA 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 Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was €28.0 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.


Greenthesis SpA  (LTS:0NII) EBIT Explanation

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

Greenthesis SpA's annualized ROC % for the quarter that ended in Dec. 2023 is calculated as:

ROC % (Q: Dec. 2023 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jun. 2023 ) + Invested Capital (Q: Dec. 2023 ))/ count )
=25.632 * ( 1 - 18.16% )/( (291.204 + 326.099)/ 2 )
=20.9772288/308.6515
=6.80 %

where

Invested Capital(Q: Jun. 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))
=347.282 - 51.813 - ( 46.317 - max(0, 101.586 - 105.851+46.317))
=291.204

Note: The Operating Income data used here is two times the semi-annual (Dec. 2023) data.

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

Greenthesis SpA's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 is calculated as:

ROC (Joel Greenblatt) %(Q: Dec. 2023 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2023  Q: Dec. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=25.296/( ( (153.315 + max(-32.938, 0)) + (167.824 + max(-20.844, 0)) )/ 2 )
=25.296/( ( 153.315 + 167.824 )/ 2 )
=25.296/160.5695
=15.75 %

where Working Capital is:

Working Capital(Q: Jun. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(40.101 + 1.995 + 8.442) - (51.813 + 0 + 31.663)
=-32.938

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(43.89 + 2.036 + 15.269) - (53.08 + 0 + 28.959)
=-20.844

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Dec. 2023) EBIT data.

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

Greenthesis SpA's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2023 )
=27.988/420.498
=6.66 %

* 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.


Greenthesis SpA EBIT Related Terms

Thank you for viewing the detailed overview of Greenthesis SpA's EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.


Greenthesis SpA Business Description

Traded in Other Exchanges
N/A
Address
Via Cassanese, 45, Segrate, Milan, ITA, 20090
Greenthesis SpA is engaged in reclamation, environmental remediation, and treatment, recovery, and disposal of special, dangerous and non-hazardous waste. The company activity is carried out in following business unit namely, environmental bans and rehabilitation, disposal and recovery of industrial waste and design, construction and management of systems for the disposal and recovery of industrial waste and energy production.

Greenthesis SpA Headlines

No Headlines