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IMD International Medical Devices SpA (MIL:IMD) EBIT : €3.89 Mil (TTM As of Jun. 2024)


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What is IMD International Medical Devices SpA EBIT?

IMD International Medical Devices SpA's earnings before interest and taxes (EBIT) for the six months ended in Jun. 2024 was €2.11 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2024 was €3.89 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. IMD International Medical Devices SpA's annualized ROC % for the quarter that ended in Jun. 2024 was 19.48%. IMD International Medical Devices SpA's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was 23.61%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. IMD International Medical Devices SpA's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was 21.32%.


IMD International Medical Devices SpA EBIT Historical Data

The historical data trend for IMD International Medical Devices 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.

IMD International Medical Devices SpA EBIT Chart

IMD International Medical Devices SpA Annual Data
Trend Dec21 Dec22 Dec23
EBIT
7.17 4.93 3.69

IMD International Medical Devices SpA Semi-Annual Data
Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
EBIT Get a 7-Day Free Trial 2.58 2.53 1.92 1.77 2.11

Competitive Comparison of IMD International Medical Devices SpA's EBIT

For the Medical Devices subindustry, IMD International Medical Devices 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.


IMD International Medical Devices SpA's EV-to-EBIT Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, IMD International Medical Devices SpA's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where IMD International Medical Devices SpA's EV-to-EBIT falls into.



IMD International Medical Devices 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 €3.89 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.


IMD International Medical Devices SpA  (MIL:IMD) EBIT Explanation

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

IMD International Medical Devices 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 )
=4.222 * ( 1 - 0% )/( (22.702 + 20.642)/ 2 )
=4.222/21.672
=19.48 %

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:

IMD International Medical Devices 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 )
=4.222/( ( (1.115 + max(17.227, 0)) + (1.14 + max(16.285, 0)) )/ 2 )
=4.222/( ( 18.342 + 17.425 )/ 2 )
=4.222/17.8835
=23.61 %

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)
=(8.518 + 15.496 + 3.043) - (8.935 + 0 + 0.895)
=17.227

Working Capital(Q: Jun. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(8.672 + 15.467 + 4.055) - (10.97 + 0 + 0.939)
=16.285

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:

IMD International Medical Devices SpA's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jun. 2024 )
=3.885/18.224
=21.32 %

* 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.


IMD International Medical Devices SpA EBIT Related Terms

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IMD International Medical Devices SpA Business Description

Traded in Other Exchanges
N/A
Address
Via E. Fermi 26, Grassobbio, ITA, 24050
IMD International Medical Devices SpA is a company manufacturing X-ray medical equipment with a complete range of mobile imaging systems.

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