GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Anima Holding SpA (MIL:ANIM) » Definitions » EBIT

Anima Holding SpA (MIL:ANIM) EBIT : €268 Mil (TTM As of Mar. 2024)


View and export this data going back to 2014. Start your Free Trial

What is Anima Holding SpA EBIT?

Anima Holding SpA's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was €84 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was €268 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Anima Holding SpA's annualized ROC % for the quarter that ended in Mar. 2024 was 11.76%. Anima Holding SpA's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 1,574.54%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Anima Holding SpA's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 14.78%.


Anima Holding SpA EBIT Historical Data

The historical data trend for Anima Holding 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.

Anima Holding SpA EBIT Chart

Anima Holding SpA 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 219.13 241.10 327.98 197.90 232.65

Anima Holding SpA Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 48.72 52.93 51.31 79.69 83.97

Competitive Comparison of Anima Holding SpA's EBIT

For the Asset Management subindustry, Anima Holding 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.


Anima Holding SpA's EV-to-EBIT Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Anima Holding SpA's EV-to-EBIT distribution charts can be found below:

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



Anima Holding 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €268 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.


Anima Holding SpA  (MIL:ANIM) EBIT Explanation

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

Anima Holding SpA's annualized ROC % for the quarter that ended in Mar. 2024 is calculated as:

ROC % (Q: Mar. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2023 ) + Invested Capital (Q: Mar. 2024 ))/ count )
=364.148 * ( 1 - 34.68% )/( (2004.853 + 2038.766)/ 2 )
=237.8614736/2021.8095
=11.76 %

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))
=2390.423 - 279.135 - ( 207.551 - max(0, 279.257 - 385.692+207.551))
=2004.853

Invested Capital(Q: Mar. 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))
=2532.328 - 430.278 - ( 294.158 - max(0, 431.274 - 494.558+294.158))
=2038.766

Note: The Operating Income data used here is four times the quarterly (Mar. 2024) data.

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

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

ROC (Joel Greenblatt) %(Q: Mar. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2023  Q: Mar. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=335.872/( ( (21.831 + max(-118.373, 0)) + (20.832 + max(-249.753, 0)) )/ 2 )
=335.872/( ( 21.831 + 20.832 )/ 2 )
=335.872/21.3315
=1,574.54 %

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)
=(137.128 + 0 + 23.756) - (279.135 + 0 + 0.12200000000001)
=-118.373

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(165.603 + 0 + 15.918) - (430.278 + 0 + 0.99599999999998)
=-249.753

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2024) EBIT data.

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=267.894/1813.100
=14.78 %

* 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.


Anima Holding SpA EBIT Related Terms

Thank you for viewing the detailed overview of Anima Holding SpA's EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.


Anima Holding SpA (MIL:ANIM) Business Description

Traded in Other Exchanges
Address
Corso Giuseppe Garibaldi, 99, Milan, ITA, 20121
Anima Holding SpA is one of the Italian independent asset management operators. Anima's offering is composed of Italian mutual funds, open-ended umbrella funds domiciled in Ireland and Luxembourg, and pension funds. The company also offers institutional and private pension funds, as well as private wealth and institutional asset management services.

Anima Holding SpA (MIL:ANIM) Headlines

No Headlines