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NB Aurora Sicaf-Raif (MIL:AUR) EBIT : €41.56 Mil (TTM As of Jun. 2024)


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What is NB Aurora Sicaf-Raif EBIT?

NB Aurora Sicaf-Raif's earnings before interest and taxes (EBIT) for the six months ended in Jun. 2024 was €4.44 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2024 was €41.56 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. NB Aurora Sicaf-Raif's annualized ROC % for the quarter that ended in Jun. 2024 was 4.51%. NB Aurora Sicaf-Raif's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was %.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. NB Aurora Sicaf-Raif's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was 20.89%.

NB Aurora Sicaf-Raif EBIT Historical Data

The historical data trend for NB Aurora Sicaf-Raif'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.

NB Aurora Sicaf-Raif EBIT Chart

NB Aurora Sicaf-Raif Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EBIT
Get a 7-Day Free Trial 1.03 1.42 34.74 22.12 46.94

NB Aurora Sicaf-Raif Semi-Annual Data
Jun18 Dec18 Jun19 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 Premium Member Only 6.30 15.83 9.81 37.13 4.44

Competitive Comparison of NB Aurora Sicaf-Raif's EBIT

For the Asset Management subindustry, NB Aurora Sicaf-Raif'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.

NB Aurora Sicaf-Raif's EV-to-EBIT Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, NB Aurora Sicaf-Raif's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where NB Aurora Sicaf-Raif's EV-to-EBIT falls into.


NB Aurora Sicaf-Raif 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 €41.56 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.

NB Aurora Sicaf-Raif  (MIL:AUR) EBIT Explanation

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

NB Aurora Sicaf-Raif'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 )
=8.872 * ( 1 - 0% )/( (198.483 + 195.273)/ 2 )
=8.872/196.878
=4.51 %

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))
=359.149 - 0.672 - ( 160.45 - max(0, 0.672 - 160.666+160.45))
=198.483

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))
=331.273 - 0.853 - ( 135.147 - max(0, 0.853 - 138.8+135.147))
=195.273

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:

NB Aurora Sicaf-Raif'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 )
=8.872/( ( (0 + max(-0.518, 0)) + (0 + max(-0.80299999999999, 0)) )/ 2 )
=8.872/( ( 0 + 0 )/ 2 )
=8.872/0
= %

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)
=(0 + 0 + 0.154) - (0.672 + 0 + 0)
=-0.518

Working Capital(Q: Jun. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0.050000000000011) - (0.853 + 0 + 0)
=-0.80299999999999

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:

NB Aurora Sicaf-Raif's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jun. 2024 )
=41.564/198.922
=20.89 %

* 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.

NB Aurora Sicaf-Raif EBIT Related Terms

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NB Aurora Sicaf-Raif Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » NB Aurora SA Sicaf-Raif (MIL:AUR) » Definitions » EBIT
Comparable Companies
MIL:CUBE MIL:RFLTC MIL:FARM MIL:ZEST MIL:COP MIL:MET MIL:MTS MIL:CFM MIL:BES MIL:TIP BLK BX KKR TSX:BAM OSTO:INVE A TSX:BN APO AMP LSE:III XSWX:PGHN
Traded in Other Exchanges
N/A
Address
80, route d'Esch, Luxembourg, LUX, L-1470
Website
https://www.nbaurora.com
NB Aurora SA Sicaf-Raif is a long-term Luxembourg investment company. Its investment objective is to achieve long-term capital appreciation through minority equity investments in a portfolio of small and medium-sized and unlisted Italian companies. The company conducts its operations under a single business segment.