GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Industrie Chimiche Forestali SpA (MIL:ICF) » Definitions » EBIT

Industrie Chimiche Forestali SpA (MIL:ICF) EBIT : €3.46 Mil (TTM As of Jun. 2024)


View and export this data going back to 2020. Start your Free Trial

What is Industrie Chimiche Forestali SpA EBIT?

Industrie Chimiche Forestali SpA's earnings before interest and taxes (EBIT) for the six months ended in Jun. 2024 was €2.37 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2024 was €3.46 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Industrie Chimiche Forestali SpA's annualized ROC % for the quarter that ended in Jun. 2024 was 2.83%. Industrie Chimiche Forestali SpA's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was 11.77%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Industrie Chimiche Forestali SpA's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was 8.29%.


Industrie Chimiche Forestali SpA EBIT Historical Data

The historical data trend for Industrie Chimiche Forestali 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.

Industrie Chimiche Forestali SpA EBIT Chart

Industrie Chimiche Forestali SpA Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EBIT
Get a 7-Day Free Trial 7.26 2.34 0.32 4.22 3.39

Industrie Chimiche Forestali SpA Semi-Annual Data
Dec18 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 2.15 2.08 2.31 1.09 2.37

Competitive Comparison of Industrie Chimiche Forestali SpA's EBIT

For the Specialty Chemicals subindustry, Industrie Chimiche Forestali 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.


Industrie Chimiche Forestali SpA's EV-to-EBIT Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Industrie Chimiche Forestali SpA's EV-to-EBIT distribution charts can be found below:

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



Industrie Chimiche Forestali 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 €3.46 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.


Industrie Chimiche Forestali SpA  (MIL:ICF) EBIT Explanation

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

Industrie Chimiche Forestali 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 )
=3.678 * ( 1 - 24.95% )/( (98.778 + 96.049)/ 2 )
=2.760339/97.4135
=2.83 %

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:

Industrie Chimiche Forestali 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 )
=4.746/( ( (19.259 + max(21.456, 0)) + (18.723 + max(21.208, 0)) )/ 2 )
=4.746/( ( 40.715 + 39.931 )/ 2 )
=4.746/40.323
=11.77 %

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)
=(22.619 + 15.135 + 0.031000000000006) - (15.021 + 0 + 1.308)
=21.456

Working Capital(Q: Jun. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(23.8 + 15.905 + -0.00099999999999767) - (18.496 + 0 + 3.5527136788005E-15)
=21.208

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jun. 2024 )
=3.458/41.693
=8.29 %

* 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.


Industrie Chimiche Forestali SpA EBIT Related Terms

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


Industrie Chimiche Forestali SpA Business Description

Traded in Other Exchanges
N/A
Address
Via Fratelli Kennedy, 75, Marcallo con Casone, Milano, ITA, 20010
Industrie Chimiche Forestali SpA is engaged in the design, production and marketing of high-tech adhesives and fabrics mainly for the following markets: footwear & leather goods, automotive and packaging.

Industrie Chimiche Forestali SpA Headlines

From GuruFocus