NovaBev Group (MIC:BELU) EBIT: ₽13,638 Mil (TTM As of Dec. 2023)


MIC:BELU NovaBev Group MIC:BELU
17 GF Score
Price ₽250.40
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What is NovaBev Group EBIT?

NovaBev Group MIC:BELU -1.03% 17 EBIT is ₽13,638 Mil as of Dec. 2023. GuruFocus rates MIC:BELU with a GF Score™ of 17/100.

NovaBev Group's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2023 was ₽8,775 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was ₽13,638 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. NovaBev Group's annualized ROC % for the quarter that ended in Dec. 2023 was 22.47%. NovaBev Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 40.11%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. NovaBev Group's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 28.93%.

NovaBev Group  (MIC:BELU) EBIT Explanation

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

NovaBev Group'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 )
=19048 * ( 1 - 26.3% )/( (62965 + 61988)/ 2 )
=14038.376/62476.5
=22.47 %

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))
=88728 - 20809 - ( 4954 - max(0, 32984 - 48384+4954))
=62965

Invested Capital(Q: Dec. 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))
=96244 - 30833 - ( 3423 - max(0, 40414 - 53858+3423))
=61988

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:

NovaBev Group'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 )
=17550/( ( (27301 + max(16261, 0)) + (29892 + max(14063, 0)) )/ 2 )
=17550/( ( 43562 + 43955 )/ 2 )
=17550/43758.5
=40.11 %

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)
=(5008 + 30638 + 1566) - (20809 + 0 + 142)
=16261

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(13838 + 29641 + 1476) - (30833 + 0 + 59)
=14063

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:

NovaBev Group's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2023 )
=13638/47144.560
=28.93 %

* 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.

NovaBev Group EBIT Related Terms

NovaBev Group EBIT Historical Data

* Premium members only.

The historical data trend for NovaBev Group'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.

NovaBev Group EBIT Chart

NovaBev Group 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 4,555.00 6,060.00 7,140.00 13,091.00 13,638.00

NovaBev Group 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 4,661.00 4,093.00 8,998.00 4,863.00 8,775.00

MIC:BELU vs BF.B: EBIT Comparison

For the Beverages - Wineries & Distilleries subindustry, NovaBev Group'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.

NovaBev Group EV-to-EBIT vs Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, NovaBev Group's EV-to-EBIT distribution charts can be found below:

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


MIC:BELU
17GF Score
NovaBev Group MIC:BELU
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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NovaBev Group 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 ₽13,638 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.

Frequently Asked Questions Learn more about EBIT →
What does a EBIT of ₽13,638 Mil mean?
NovaBev Group (MIC:BELU) has a EBIT of ₽13,638 Mil as of Dec. 2023. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on NovaBev Group.
Is NovaBev Group's EBIT too high?
NovaBev Group's current EBIT is ₽13,638 Mil. Overall, NovaBev Group has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does NovaBev Group's EBIT compare to BF.B?
NovaBev Group's EBIT of ₽13,638 Mil can be compared against companies in the Beverages - Alcoholic industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBIT for a Beverages - Alcoholic company?
A good EBIT depends on the Beverages - Alcoholic industry context. However, EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EBIT mean?
A high EBIT can signal that a stock is expensive relative to its fundamentals. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on NovaBev Group. NovaBev Group's current EBIT is ₽13,638 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NovaBev Group stock overvalued right now?
NovaBev Group (MIC:BELU) has a current EBIT of ₽13,638 Mil. The current EBIT is ₽13,638 Mil. NovaBev Group's overall GF Score™ is 17/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBIT calculated?
EBIT is calculated from a company's financial statements. For NovaBev Group (MIC:BELU), the current EBIT is ₽13,638 Mil as of Dec. 2023. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

NovaBev Group Business Description

Address 4, Yakimanskaya Embankment, Building 1, Moscow, RUS, 119180
NovaBev Group is a Russian alcohol and food products and operation of wholesale and retail business. It producer of vodka and distilled beverages, and is one of the main importers of spirits and wine in the country.
17GF Score

Get the complete analysis for MIC:BELU

EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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