Kovrov Mechanical Plant PJSC (MIC:KMEZ) EBIT: ₽1,051 Mil (TTM As of Jun. 2023)


MIC:KMEZ Kovrov Mechanical Plant PJSC MIC:KMEZ
17 GF Score
Price ₽728.00
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What is Kovrov Mechanical Plant PJSC EBIT?

Kovrov Mechanical Plant PJSC MIC:KMEZ +2.82% 17 EBIT is ₽1,051 Mil as of Jun. 2023. GuruFocus rates MIC:KMEZ with a GF Score™ of 17/100.

Kovrov Mechanical Plant PJSC's earnings before interest and taxes (EBIT) for the six months ended in Jun. 2023 was ₽1,051 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2023 was ₽1,051 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Kovrov Mechanical Plant PJSC's annualized ROC % for the quarter that ended in Jun. 2023 was -22.09%. Kovrov Mechanical Plant PJSC's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2023 was 61.60%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Kovrov Mechanical Plant PJSC's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2023 was 32.22%.


Kovrov Mechanical Plant PJSC  (MIC:KMEZ) EBIT Explanation

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

Kovrov Mechanical Plant PJSC's annualized ROC % for the quarter that ended in Jun. 2023 is calculated as:

ROC % (Q: Jun. 2023 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jun. 2022 ) + Invested Capital (Q: Jun. 2023 ))/ count )
=-954.716 * ( 1 - 0% )/( (5350.605 + 3294.367)/ 2 )
=-954.716/4322.486
=-22.09 %

where

Invested Capital(Q: Jun. 2022 )
=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))
=6907.4 - 262.792 - ( 1294.003 - max(0, 2975.554 - 4529.848+1294.003))
=5350.605

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))
=4968.957 - 309.185 - ( 1365.405 - max(0, 559.356 - 2498.143+1365.405))
=3294.367

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

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

Kovrov Mechanical Plant PJSC's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2023 is calculated as:

ROC (Joel Greenblatt) %(Q: Jun. 2023 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2022  Q: Jun. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=2101.002/( ( (2245.22 + max(2114.136, 0)) + (2310.584 + max(151.921, 0)) )/ 2 )
=2101.002/( ( 4359.356 + 2462.505 )/ 2 )
=2101.002/3410.9305
=61.60 %

where Working Capital is:

Working Capital(Q: Jun. 2022 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(624.794 + 1164.125 + 980.952) - (262.792 + 0 + 392.943)
=2114.136

Working Capital(Q: Jun. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(279.064 + 262.956 + 168.993) - (309.185 + 0 + 249.907)
=151.921

When net working capital is negative, 0 is used.

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

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

Kovrov Mechanical Plant PJSC's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jun. 2023 )
=1050.501/3260.091
=32.22 %

* 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.


Kovrov Mechanical Plant PJSC EBIT Related Terms


Kovrov Mechanical Plant PJSC EBIT Historical Data

* Premium members only.

The historical data trend for Kovrov Mechanical Plant PJSC'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.

Kovrov Mechanical Plant PJSC EBIT Chart

Kovrov Mechanical Plant PJSC Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only -780.95 282.41 196.10 291.69 -70.42

Kovrov Mechanical Plant PJSC Semi-Annual Data
Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Jun23
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 226.17 51.08 -121.50 -166.82 1,050.50

MIC:KMEZ vs RTX, LMT, BA: EBIT Comparison

For the Aerospace & Defense subindustry, Kovrov Mechanical Plant PJSC'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.


Kovrov Mechanical Plant PJSC EV-to-EBIT vs Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Kovrov Mechanical Plant PJSC's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Kovrov Mechanical Plant PJSC's EV-to-EBIT falls into.


MIC:KMEZ
17GF Score
Kovrov Mechanical Plant PJSC MIC:KMEZ
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Kovrov Mechanical Plant PJSC 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 Jun. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was ₽1,051 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 ₽1,051 Mil mean?
Kovrov Mechanical Plant PJSC (MIC:KMEZ) has a EBIT of ₽1,051 Mil as of Jun. 2023. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Kovrov Mechanical Plant PJSC.
Is Kovrov Mechanical Plant PJSC's EBIT too high?
Kovrov Mechanical Plant PJSC's current EBIT is ₽1,051 Mil. Overall, Kovrov Mechanical Plant PJSC has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does Kovrov Mechanical Plant PJSC's EBIT compare to RTX and LMT?
Kovrov Mechanical Plant PJSC's EBIT of ₽1,051 Mil can be compared against companies in the Aerospace & Defense 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 an Aerospace & Defense company?
A good EBIT depends on the Aerospace & Defense 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 Kovrov Mechanical Plant PJSC. Kovrov Mechanical Plant PJSC's current EBIT is ₽1,051 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kovrov Mechanical Plant PJSC stock overvalued right now?
Kovrov Mechanical Plant PJSC (MIC:KMEZ) has a current EBIT of ₽1,051 Mil. The current EBIT is ₽1,051 Mil. Kovrov Mechanical Plant PJSC'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 Kovrov Mechanical Plant PJSC (MIC:KMEZ), the current EBIT is ₽1,051 Mil as of Jun. 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.

Kovrov Mechanical Plant PJSC Business Description

Address Socialist Street 26, Vladimir Region, Kovrov, RUS
Kovrov Mechanical Plant PJSC is a manufacturer of machinery and equipment for the nuclear power industry. Its product includes Gas centrifuges; Non-nuclear products and others.
17GF Score

Get the complete analysis for MIC:KMEZ

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

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