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Almawave SpA (MIL:AIW) EBIT : €7.85 Mil (TTM As of Jun. 2024)


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What is Almawave SpA EBIT?

Almawave SpA's earnings before interest and taxes (EBIT) for the six months ended in Jun. 2024 was €2.93 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2024 was €7.85 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Almawave SpA's annualized ROC % for the quarter that ended in Jun. 2024 was 5.67%. Almawave SpA's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was 59.55%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Almawave SpA's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was 11.37%.

Almawave SpA EBIT Historical Data

The historical data trend for Almawave SpA'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.

Almawave SpA EBIT Chart

Almawave SpA Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EBIT
Get a 7-Day Free Trial 4.18 3.41 4.68 6.52 9.23

Almawave SpA Semi-Annual Data
Dec17 Dec18 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.64 3.88 4.31 4.92 2.93

Competitive Comparison of Almawave SpA's EBIT

For the Information Technology Services subindustry, Almawave SpA'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.

Almawave SpA's EV-to-EBIT Distribution in the Software Industry

For the Software industry and Technology sector, Almawave SpA's EV-to-EBIT distribution charts can be found below:

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


Almawave SpA 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. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was €7.85 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.

Almawave SpA  (MIL:AIW) EBIT Explanation

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

Almawave SpA's annualized ROC % for the quarter that ended in Jun. 2024 is calculated as:

ROC % (Q: Jun. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2023 ) + Invested Capital (Q: Jun. 2024 ))/ count )
=5.196 * ( 1 - 23.56% )/( (67.76 + 72.349)/ 2 )
=3.9718224/70.0545
=5.67 %

where

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))
=118.144 - 40.004 - ( 10.38 - max(0, 40.837 - 64.633+10.38))
=67.76

Invested Capital(Q: Jun. 2024 )
=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))
=118.596 - 39.149 - ( 7.098 - max(0, 40.964 - 61.896+7.098))
=72.349

Note: The Operating Income data used here is two times the semi-annual (Jun. 2024) data.

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

Almawave SpA's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Jun. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2023  Q: Jun. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=5.866/( ( (0.313 + max(8.91, 0)) + (0.278 + max(10.199, 0)) )/ 2 )
=5.866/( ( 9.223 + 10.477 )/ 2 )
=5.866/9.85
=59.55 %

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)
=(46.334 + 0 + 3.262) - (40.004 + 0 + 0.682)
=8.91

Working Capital(Q: Jun. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(48.314 + 0 + 2.729) - (39.149 + 0 + 1.695)
=10.199

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Jun. 2024) EBIT data.

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

Almawave SpA's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jun. 2024 )
=7.853/69.081
=11.37 %

* 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.

Almawave SpA EBIT Related Terms

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Almawave SpA Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » Almawave SpA (MIL:AIW) » Definitions » EBIT
Comparable Companies
MIL:XPR MIL:SPN MIL:RETI MIL:CIRC MIL:VNT MIL:FOS MIL:ITW MIL:NRST MIL:BWZ MIL:MPT ACN NSE:TCS IBM FI NSE:INFY NSE:HCLTECH CTSH XPAR:CAP FIS CDW
Traded in Other Exchanges
101:Germany
Address
188/190, Via di Casal Boccone, Rome, ITA, 00137
Website
https://www.almawave.com
Almawave SpA is an Italian player in the Data and Artificial Intelligence sector. It brings breed technologies and exhaustive Big data-oriented services to support the digital enhancement of enterprises and public administrations. The company's platform leverages cutting-edge proprietary technologies and applied services for Big Data, Data Science, Machine Learning, AI Architecture, and Integration, to interpret text and voice in over 30 languages, interacting in multi-channel mode, analyzing data and information with a view to knowledge development and automation.

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