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Espe SpA (MIL:ESPE) EBIT : €4.51 Mil (TTM As of Jun. 2024)


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What is Espe SpA EBIT?

Espe SpA's earnings before interest and taxes (EBIT) for the six months ended in Jun. 2024 was €2.32 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2024 was €4.51 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Espe SpA's annualized ROC % for the quarter that ended in Jun. 2024 was 6.27%. Espe SpA's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was 23.92%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Espe SpA's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was 11.78%.


Espe SpA EBIT Historical Data

The historical data trend for Espe 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.

Espe SpA EBIT Chart

Espe SpA Annual Data
Trend Dec21 Dec22 Dec23
EBIT
0.22 0.50 2.85

Espe SpA Semi-Annual Data
Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
EBIT Get a 7-Day Free Trial 0.14 0.36 0.65 2.20 2.32

Competitive Comparison of Espe SpA's EBIT

For the Engineering & Construction subindustry, Espe 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.


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

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

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



Espe 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 €4.51 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.


Espe SpA  (MIL:ESPE) EBIT Explanation

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

Espe 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 )
=5.204 * ( 1 - 36.99% )/( (41.597 + 63.01)/ 2 )
=3.2790404/52.3035
=6.27 %

where

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:

Espe 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 )
=4.63/( ( (1.944 + max(6.825, 0)) + (2.131 + max(27.812, 0)) )/ 2 )
=4.63/( ( 8.769 + 29.943 )/ 2 )
=4.63/19.356
=23.92 %

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)
=(6.958 + 41.168 + 4.091) - (14.862 + 0 + 30.53)
=6.825

Working Capital(Q: Jun. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(15.87 + 38.697 + 5.856) - (3.661 + 0 + 28.95)
=27.812

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jun. 2024 )
=4.512/38.291
=11.78 %

* 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.


Espe SpA EBIT Related Terms

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Espe SpA Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
Via Dell Artigianato 6, Grantorto, Padua, ITA, 35010
Espe SpA is a company which is producers of cutting edge solutions. They are born as installers of industrial electrical systems, over the years they have accumulated a rich wealth of experience, expanding its activities in the field of installation of photovoltaic systems and in the direct production of innovative technologies in the small wind, hydroelectric and biomass sectors.

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