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Caltagirone SpA (MIL:CALT) EBIT : €402 Mil (TTM As of Dec. 2024)


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What is Caltagirone SpA EBIT?

Caltagirone SpA's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2024 was €189 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2024 was €402 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Caltagirone SpA's annualized ROC % for the quarter that ended in Dec. 2024 was 7.45%. Caltagirone SpA's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2024 was 37.01%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Caltagirone SpA's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2024 was 18.86%.


Caltagirone SpA EBIT Historical Data

The historical data trend for Caltagirone 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.

Caltagirone SpA EBIT Chart

Caltagirone SpA Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 121.62 229.22 282.80 353.68 383.18

Caltagirone SpA Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
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 151.82 185.18 168.50 212.95 188.81

Competitive Comparison of Caltagirone SpA's EBIT

For the Building Materials subindustry, Caltagirone 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.


Caltagirone SpA's EV-to-EBIT Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Caltagirone SpA's EV-to-EBIT distribution charts can be found below:

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


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Caltagirone 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 Dec. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was €402 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.


Caltagirone SpA  (MIL:CALT) EBIT Explanation

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

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

ROC % (Q: Dec. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jun. 2024 ) + Invested Capital (Q: Dec. 2024 ))/ count )
=334.944 * ( 1 - 18.03% )/( (3567.778 + 3799.916)/ 2 )
=274.5535968/3683.847
=7.45 %

where

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))
=4394.536 - 403.94 - ( 492.503 - max(0, 839.597 - 1262.415+492.503))
=3567.778

Invested Capital(Q: Dec. 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))
=4787.525 - 567.31 - ( 744.787 - max(0, 990.882 - 1411.181+744.787))
=3799.916

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

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

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

ROC (Joel Greenblatt) %(Q: Dec. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2024  Q: Dec. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=377.612/( ( (994.781 + max(-25.334, 0)) + (1045.98 + max(-368.078, 0)) )/ 2 )
=377.612/( ( 994.781 + 1045.98 )/ 2 )
=377.612/1020.3805
=37.01 %

where Working Capital is:

Working Capital(Q: Jun. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(423.887 + 248.058 + 43.328) - (403.94 + 0 + 336.667)
=-25.334

Working Capital(Q: Dec. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(331.935 + 231.734 + 59.135) - (567.31 + 0 + 423.572)
=-368.078

When net working capital is negative, 0 is used.

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

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2024 )
=401.76/2130.471
=18.86 %

* 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.


Caltagirone SpA EBIT Related Terms

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Caltagirone SpA Business Description

Traded in Other Exchanges
Address
Via Barberini, 28, Roma, ITA, 00187
Caltagirone SpA is a holding company which owns the Group's activities in the areas of large construction projects, cement, real estate, finance, and publishing. It generates a majority of its revenue from cement. Geographically operates through the region of Italy.