Carlo Gavazzi Holding AG (LTS:0QL5) EBIT : CHF36.2 Mil (TTM As of Sep. 2023)

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What is Carlo Gavazzi Holding AG EBIT?

Carlo Gavazzi Holding AG's earnings before interest and taxes (EBIT) for the six months ended in Sep. 2023 was CHF16.7 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2023 was CHF36.2 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Carlo Gavazzi Holding AG's annualized ROC % for the quarter that ended in Sep. 2023 was 27.47%. Carlo Gavazzi Holding AG's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2023 was 57.06%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Carlo Gavazzi Holding AG's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2023 was 22.98%.

Carlo Gavazzi Holding AG EBIT Historical Data

The historical data trend for Carlo Gavazzi Holding 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.

Carlo Gavazzi Holding AG EBIT Chart

Carlo Gavazzi Holding AG Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

EBIT

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15.13

10.29

16.68

30.75

39.04

Carlo Gavazzi Holding AG Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
EBIT	Get a 7-Day Free Trial															15.89	14.86	19.54	19.50	16.69

Competitive Comparison of Carlo Gavazzi Holding AG's EBIT

For the Electrical Equipment & Parts subindustry, Carlo Gavazzi Holding 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.

Carlo Gavazzi Holding AG's EV-to-EBIT Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Carlo Gavazzi Holding AG's EV-to-EBIT distribution charts can be found below:

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

Carlo Gavazzi Holding 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 Sep. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was CHF36.2 Mil.

Carlo Gavazzi Holding AG (LTS:0QL5) EBIT Explanation

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

Carlo Gavazzi Holding AG's annualized ROC % for the quarter that ended in Sep. 2023 is calculated as:

	ROC % (Q: Sep. 2023 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Mar. 2023 )	+	Invested Capital (Q: Sep. 2023 ))	/ count )
=	32.728 * ( 1 - 25.64% )	/	( (93.967	+	83.214)	/ 2 )
=	24.3365408	/	88.5905
=	27.47 %

where

	Invested Capital		(Q: Mar. 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	))
=	185.347	-	26.679	-	( 64.701	-	max(0, 44.772	-	158.214	+	64.701	))
=	93.967

	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	))
=	183.474	-	39.316	-	( 60.944	-	max(0, 42.822	-	157.277	+	60.944	))
=	83.214

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

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

Carlo Gavazzi Holding AG's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2023 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Sep. 2023 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Mar. 2023		Q: Sep. 2023
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	33.38	/	( ( (14.771 + max(50.037, 0))	+	(13.711 + max(38.48, 0)) )	/	2 )
=	33.38	/	( ( 64.808	+	52.191 )	/	2 )
=	33.38	/	58.4995
=	57.06 %

where Working Capital is:

	Working Capital		(Q: Mar. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(35.819	+	43.307	+	13.182)	-	(26.679	+	0	+	15.592)
=	50.037

	Working Capital		(Q: Sep. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(32.912	+	46.142	+	0)	-	(39.316	+	0	+	1.258)
=	38.48

When net working capital is negative, 0 is used.

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

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

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

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Sep. 2023 )
	=	36.19	/	157.478
	=	22.98 %

Carlo Gavazzi Holding AG EBIT Related Terms

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Carlo Gavazzi Holding AG (LTS:0QL5) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Carlo Gavazzi Holding AG (LTS:0QL5) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

GAVz:UK GAV:Switzerland

Address

Sumpfstrasse 3, Steinhausen, CHE, CH-6312

Website

https://www.carlogavazzi.com

Carlo Gavazzi Holding AG is engaged in the designing, manufacturing, and marketing of electronic control components for the global markets of industrial and building automation. Its product portfolio comprises sensors, monitoring relays, timers, energy management systems, solid-state relays, safety devices, and Fieldbus systems. Its products are marketed through a network of sales companies and independent national distributors. It has operational footprints across Switzerland, Italy, other Europe, the Middle East and Africa, the United States of America, other North America, and Asia. Geographically the company receives maximum revenue from Europe, the Middle East, and Africa.

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