GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Biesse SpA (MIL:BSS) » Definitions » EBIT

Biesse SpA (MIL:BSS) EBIT : €7.5 Mil (TTM As of Jun. 2024)


View and export this data going back to 2001. Start your Free Trial

What is Biesse SpA EBIT?

Biesse SpA's earnings before interest and taxes (EBIT) for the three months ended in Jun. 2024 was €4.3 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2024 was €7.5 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Biesse SpA's annualized ROC % for the quarter that ended in Jun. 2024 was 1.08%. Biesse SpA's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was 9.47%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Biesse SpA's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was 3.22%.


Biesse SpA EBIT Historical Data

The historical data trend for Biesse 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.

Biesse SpA EBIT Chart

Biesse 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 25.67 5.76 42.32 42.46 21.58

Biesse SpA Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 -2.64 -4.11 6.51 4.34 0.76

Competitive Comparison of Biesse SpA's EBIT

For the Specialty Industrial Machinery subindustry, Biesse 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.


Biesse SpA's EV-to-EBIT Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Biesse SpA's EV-to-EBIT distribution charts can be found below:

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



Biesse 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 quarterly data reported by the company within the most recent 12 months, which was €7.5 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.


Biesse SpA  (MIL:BSS) EBIT Explanation

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

Biesse 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: Mar. 2024 ) + Invested Capital (Q: Jun. 2024 ))/ count )
=10.572 * ( 1 - 57.39% )/( (412.056 + 424.966)/ 2 )
=4.5047292/418.511
=1.08 %

where

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))
=749.254 - 219.656 - ( 117.542 - max(0, 316.717 - 484.742+117.542))
=412.056

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))
=733.317 - 206.568 - ( 101.783 - max(0, 310.352 - 458.643+101.783))
=424.966

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

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

Biesse 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: Mar. 2024  Q: Jun. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=17.364/( ( (130.579 + max(50.483, 0)) + (138.953 + max(46.508, 0)) )/ 2 )
=17.364/( ( 181.062 + 185.461 )/ 2 )
=17.364/183.2615
=9.47 %

where Working Capital is:

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(131.288 + 217.689 + 18.223) - (219.656 + 0 + 97.061)
=50.483

Working Capital(Q: Jun. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(129.219 + 216.33 + 11.311) - (206.568 + 0 + 103.784)
=46.508

When net working capital is negative, 0 is used.

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

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jun. 2024 )
=7.5/233.130
=3.22 %

* 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.


Biesse SpA EBIT Related Terms

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


Biesse SpA Business Description

Traded in Other Exchanges
Address
Via della Meccanica, 16, Pesaro, ITA, 61122
Biesse SpA operates in the market for machinery and systems for processing wood, glass, marble and stone. The group is organized into two operating segments being Machines and Systems in that it involves-production, distribution, installation, and after-sales service of wood, glass, stone, and advanced materials processing machines, grinders. Also it operates in Mechatronics which involves-production and distribution of industrial mechanical and electronic components. It generates maximum revenue from the Machines and Systems segment. Geographically, it derives a majority of revenue from Western Europe and also has a presence in Asia-Pacific; Eastern Europe; North America and the Rest of the World.

Biesse SpA Headlines

No Headlines