SPB Exchange PJSC (MIC:SPBE) EBIT: ₽1,073.7 Mil (TTM As of Jun. 2023)


MIC:SPBE SPB Exchange PJSC MIC:SPBE
23 GF Score
Price ₽132.00
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What is SPB Exchange PJSC EBIT?

SPB Exchange PJSC MIC:SPBE -6.85% 23 EBIT is ₽1,073.7 Mil as of Jun. 2023. GuruFocus rates MIC:SPBE with a GF Score™ of 23/100.

SPB Exchange PJSC's earnings before interest and taxes (EBIT) for the six months ended in Jun. 2023 was ₽1,073.7 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2023 was ₽1,073.7 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. SPB Exchange PJSC's annualized ROC % for the quarter that ended in Jun. 2023 was -0.73%. SPB Exchange PJSC's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2023 was 88.85%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. SPB Exchange PJSC's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2023 was 78.20%.

SPB Exchange PJSC  (MIC:SPBE) EBIT Explanation

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

SPB Exchange 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 )
=-890.72 * ( 1 - 22.26% )/( (0 + 94730.777)/ 1 )
=-692.445728/94730.777
=-0.73 %

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))
=0 - 0 - ( 0 - max(0, 0 - 0+0))
=0

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))
=111570.657 - 107.471 - ( 16732.409 - max(0, 107.471 - 16935.583+16732.409))
=94730.777

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:

SPB Exchange 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 )
=2147.442/( ( (0 + max(0, 0)) + (2321.267 + max(95.702999999999, 0)) )/ 1 )
=2147.442/( ( 0 + 2416.97 )/ 1 )
=2147.442/2416.97
=88.85 %

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)
=(0 + 0 + 0) - (0 + 0 + 0)
=0

Working Capital(Q: Jun. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 203.174) - (107.471 + 0 + 0)
=95.702999999999

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:

SPB Exchange PJSC's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jun. 2023 )
=1073.721/1372.977
=78.20 %

* 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.

SPB Exchange PJSC EBIT Related Terms

SPB Exchange PJSC EBIT Historical Data

* Premium members only.

The historical data trend for SPB Exchange 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.

SPB Exchange PJSC EBIT Chart

SPB Exchange PJSC Annual Data
Trend Dec19 Dec20 Dec21
EBIT
51.44 366.94 580.95

SPB Exchange PJSC Semi-Annual Data
Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Jun23
EBIT Get a 7-Day Free Trial -88.79 1,933.35 -1,352.40 1,257.76 1,073.72

MIC:SPBE vs SPGI, CME, ICE: EBIT Comparison

For the Financial Data & Stock Exchanges subindustry, SPB Exchange 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.

SPB Exchange PJSC EV-to-EBIT vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, SPB Exchange PJSC's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where SPB Exchange PJSC's EV-to-EBIT falls into.


MIC:SPBE
23GF Score
SPB Exchange PJSC MIC:SPBE
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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SPB Exchange 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 ₽1,073.7 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 ₽1,073.7 Mil mean?
SPB Exchange PJSC (MIC:SPBE) has a EBIT of ₽1,073.7 Mil as of Jun. 2023. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on SPB Exchange PJSC.
Is SPB Exchange PJSC's EBIT too high?
SPB Exchange PJSC's current EBIT is ₽1,073.7 Mil. Overall, SPB Exchange PJSC has a GF Score™ of 23/100, reflecting its overall financial health beyond just this single metric.
How does SPB Exchange PJSC's EBIT compare to SPGI and CME?
SPB Exchange PJSC's EBIT of ₽1,073.7 Mil can be compared against companies in the Capital Markets 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 Capital Markets company?
A good EBIT depends on the Capital Markets 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 SPB Exchange PJSC. SPB Exchange PJSC's current EBIT is ₽1,073.7 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SPB Exchange PJSC stock overvalued right now?
SPB Exchange PJSC (MIC:SPBE) has a current EBIT of ₽1,073.7 Mil. The current EBIT is ₽1,073.7 Mil. SPB Exchange PJSC's overall GF Score™ is 23/100. 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 SPB Exchange PJSC (MIC:SPBE), the current EBIT is ₽1,073.7 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.

SPB Exchange PJSC Business Description

Address 38 Dolgorukovskaya Street, Building 1, Moscow, RUS, 127006
SPB Exchange PJSC is an exchange for international securities in the Russian financial market. It operates according to a business-to-business and business-to-customer model, simultaneously focusing on retail investors and financial intermediaries as direct customers. The company provides access to investment products for Russian and international investors, operating through its trading infrastructure and order-routing mechanisms.
23GF Score

Get the complete analysis for MIC:SPBE

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

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