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OEM International AB (LTS:0QTY) EBIT : kr759 Mil (TTM As of Mar. 2024)


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What is OEM International AB EBIT?

OEM International AB's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was kr195 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was kr759 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. OEM International AB's annualized ROC % for the quarter that ended in Mar. 2024 was 23.92%. OEM International AB's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 45.89%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. OEM International AB's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 4.89%.


OEM International AB EBIT Historical Data

The historical data trend for OEM International AB'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.

OEM International AB EBIT Chart

OEM International AB 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 371.00 404.20 578.90 732.60 784.50

OEM International AB Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 221.00 202.00 185.00 176.50 195.00

Competitive Comparison of OEM International AB's EBIT

For the Industrial Distribution subindustry, OEM International AB'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.


OEM International AB's EV-to-EBIT Distribution in the Industrial Distribution Industry

For the Industrial Distribution industry and Industrials sector, OEM International AB's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where OEM International AB's EV-to-EBIT falls into.



OEM International AB 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was kr759 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.


OEM International AB  (LTS:0QTY) EBIT Explanation

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

OEM International AB's annualized ROC % for the quarter that ended in Mar. 2024 is calculated as:

ROC % (Q: Mar. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2023 ) + Invested Capital (Q: Mar. 2024 ))/ count )
=780 * ( 1 - 20.71% )/( (2435.2 + 2735)/ 2 )
=618.462/2585.1
=23.92 %

where

Note: The Operating Income data used here is four times the quarterly (Mar. 2024) data.

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

OEM International AB's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2023  Q: Mar. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=780/( ( (408.5 + max(1293.8, 0)) + (408 + max(1289, 0)) )/ 2 )
=780/( ( 1702.3 + 1697 )/ 2 )
=780/1699.65
=45.89 %

where Working Capital is:

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(759 + 1052.9 + 65.2) - (264.3 + 0 + 319)
=1293.8

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(901 + 1020 + 0) - (0 + 0 + 632)
=1289

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2024) EBIT data.

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

OEM International AB's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=758.5/15520.775
=4.89 %

* 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.


OEM International AB EBIT Related Terms

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OEM International AB (LTS:0QTY) Business Description

Traded in Other Exchanges
Address
Forradsvagen 2, Box 1009, Tranas, SWE, SE-573 28
OEM International AB is a leading technology trading group in Europe. It acts as a link between its customers and manufacturers of products and systems for industrial applications. It offers various industrial components and systems from various suppliers, including electrical components, flow components, motors and transmissions, bearings, seals, and couplings, as well as appliance components, lighting, and complete production systems. Geographic areas of operations include Sweden, Denmark, United Kingdom, Finland, Hungary, China and other countries.

OEM International AB (LTS:0QTY) Headlines

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