Severstal PAO (MIC:CHMF) EBIT: ₽255,987 Mil (TTM As of Dec. 2023)


MIC:CHMF Severstal PAO MIC:CHMF
17 GF Score
Price ₽587.40
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What is Severstal PAO EBIT?

Severstal PAO MIC:CHMF -3.17% 17 EBIT is ₽255,987 Mil as of Dec. 2023. GuruFocus rates MIC:CHMF with a GF Score™ of 17/100.

Severstal PAO's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2023 was ₽128,630 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was ₽255,987 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Severstal PAO's annualized ROC % for the quarter that ended in Dec. 2023 was 33.77%. Severstal PAO's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 66.05%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Severstal PAO's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 24.33%.

Severstal PAO  (MIC:CHMF) EBIT Explanation

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

Severstal PAO'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 )
=247668 * ( 1 - 23.97% )/( (498201 + 617128)/ 2 )
=188301.9804/557664.5
=33.77 %

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))
=867680 - 95632 - ( 302497 - max(0, 206282 - 480129+302497))
=498201

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))
=994115 - 87444 - ( 376451 - max(0, 279226 - 568769+376451))
=617128

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:

Severstal PAO'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 )
=257260/( ( (352256 + max(24953, 0)) + (388932 + max(12878, 0)) )/ 2 )
=257260/( ( 377209 + 401810 )/ 2 )
=257260/389509.5
=66.05 %

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)
=(37784 + 103741 + 26994) - (95632 + 0 + 47934)
=24953

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(33567 + 128955 + 20044) - (87444 + 0 + 82244)
=12878

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:

Severstal PAO's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2023 )
=255987/1052321.580
=24.33 %

* 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.

Severstal PAO EBIT Related Terms

Severstal PAO EBIT Historical Data

* Premium members only.

The historical data trend for Severstal PAO'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.

Severstal PAO EBIT Chart

Severstal PAO 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 146,869.19 107,440.47 385,234.92 145,766.00 255,987.00

Severstal PAO 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 211,217.47 150,413.00 -4,647.00 127,357.00 128,630.00

MIC:CHMF vs NUE, STLD, RS: EBIT Comparison

For the Steel subindustry, Severstal PAO'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.

Severstal PAO EV-to-EBIT vs Steel Industry

For the Steel industry and Basic Materials sector, Severstal PAO's EV-to-EBIT distribution charts can be found below:

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


MIC:CHMF
17GF Score
Severstal PAO MIC:CHMF
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Severstal PAO 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 ₽255,987 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 ₽255,987 Mil mean?
Severstal PAO (MIC:CHMF) has a EBIT of ₽255,987 Mil as of Dec. 2023. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Severstal PAO.
Is Severstal PAO's EBIT too high?
Severstal PAO's current EBIT is ₽255,987 Mil. Overall, Severstal PAO has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does Severstal PAO's EBIT compare to NUE and STLD?
Severstal PAO's EBIT of ₽255,987 Mil can be compared against companies in the Steel 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 Steel company?
A good EBIT depends on the Steel 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 Severstal PAO. Severstal PAO's current EBIT is ₽255,987 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Severstal PAO stock overvalued right now?
Severstal PAO (MIC:CHMF) has a current EBIT of ₽255,987 Mil. The current EBIT is ₽255,987 Mil. Severstal PAO'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 Severstal PAO (MIC:CHMF), the current EBIT is ₽255,987 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.

Severstal PAO Business Description

Address Klary Tsetkin Street, 2, Moscow, RUS, 127299
Severstal PAO is a vertically integrated steel and mining company in Russia. The company has two operating divisions: Severstal Resources and Severstal Russian Steel. Its core asset is the Cherepovets steel mill, which is located within easy access of the company's mining operations, the Baltic ports, and Russia's industrial heartland. The company produces iron ore pellets, iron ore concentrates, crushed stones, ferrite strontium powder, coking & steam coal, and coking coal concentrate. These materials are provided to six industry categories: construction and service processing, tube and pipe, oil and gas, machinery, autos, and others. Construction and service processing accounts for a majority of sales. Severstal generates most of its revenue in Russia.
17GF Score

Get the complete analysis for MIC:CHMF

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

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