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Esi SpA (MIL:ESIGM) EBIT : €0.49 Mil (TTM As of Jun. 2024)


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What is Esi SpA EBIT?

Esi SpA's earnings before interest and taxes (EBIT) for the six months ended in Jun. 2024 was €1.18 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2024 was €0.49 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Esi SpA's annualized ROC % for the quarter that ended in Jun. 2024 was 9.92%. Esi SpA's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was 133.41%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Esi SpA's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was 4.03%.

Esi SpA EBIT Historical Data

The historical data trend for Esi 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.

Esi SpA EBIT Chart

Esi SpA Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
EBIT
0.62 0.40 0.08 0.37 -1.96

Esi SpA Semi-Annual Data
Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.66 -0.29 -1.26 -0.70 1.18

Competitive Comparison of Esi SpA's EBIT

For the Engineering & Construction subindustry, Esi 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.

Esi SpA's EV-to-EBIT Distribution in the Construction Industry

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

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


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Esi 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 €0.49 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.

Esi SpA  (MIL:ESIGM) EBIT Explanation

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

Esi 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 )
=2.368 * ( 1 - 29.1% )/( (18.413 + 15.451)/ 2 )
=1.678912/16.932
=9.92 %

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))
=22.953 - 3.893 - ( 0.647 - max(0, 19.382 - 20.565+0.647))
=18.413

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))
=25.637 - 8.192 - ( 1.994 - max(0, 20.89 - 23.389+1.994))
=15.451

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:

Esi 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 )
=2.368/( ( (1.383 + max(0.572, 0)) + (1.393 + max(0.202, 0)) )/ 2 )
=2.368/( ( 1.955 + 1.595 )/ 2 )
=2.368/1.775
=133.41 %

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)
=(1.624 + 16.397 + 0.73100000000001) - (3.893 + 0 + 14.287)
=0.572

Working Capital(Q: Jun. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(2.099 + 17.882 + 0.396) - (8.192 + 0 + 11.983)
=0.202

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jun. 2024 )
=0.485/12.021
=4.03 %

* 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.

Esi SpA EBIT Related Terms

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Esi SpA Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Esi SpA (MIL:ESIGM) » Definitions » EBIT
Comparable Companies
MIL:ERFO MIL:CLI MIL:ENV XSWX:NESN XPAR:BN KHC GIS SHSE:603288 K NSE:NESTLEIND SHSE:600887 SZSE:300999 MKC TSE:2802 LSE:ABF DUB:KRZ HRL SAU:2280 SGX:F34 TPE:1216
Traded in Other Exchanges
N/A
Address
Viale Luigi Schiavonetti 290, Rome, ITA, 00173
Website
https://www.esi-spa.com
Esi SpA operates in the renewable energy market as an EPC contractor and a System Integrator. The company covers all phases within the renewable energy value chain, from project development to engineering and construction. As an EPC contractor, it is involved in designing and constructing turnkey photovoltaic systems, civil works, excavations, roads, wind farm foundations, and high-voltage underground cable ducts. It also builds control cabins and foundations for high-voltage plants, provides maintenance of photovoltaic power plants, and performs other related activities. As a System Integrator, the company constructs mini-grid and off-grid systems for electricity supply in remote areas and designs storage systems for electrical energy production.

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