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Lottomatica Group SpA (MIL:LTMC) EBIT : €349 Mil (TTM As of Mar. 2024)


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What is Lottomatica Group SpA EBIT?

Lottomatica Group SpA's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was €96 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was €349 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Lottomatica Group SpA's annualized ROC % for the quarter that ended in Mar. 2024 was 8.26%. Lottomatica Group SpA's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 109.55%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Lottomatica Group SpA's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 7.82%.


Lottomatica Group SpA EBIT Historical Data

The historical data trend for Lottomatica Group 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.

Lottomatica Group SpA EBIT Chart

Lottomatica Group SpA Annual Data
Trend Dec20 Dec21 Dec22 Dec23
EBIT
-5.89 33.21 252.42 352.27

Lottomatica Group SpA Quarterly Data
Dec20 Dec21 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only 102.94 107.81 85.91 58.59 96.38

Competitive Comparison of Lottomatica Group SpA's EBIT

For the Gambling subindustry, Lottomatica Group 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.


Lottomatica Group SpA's EV-to-EBIT Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Lottomatica Group SpA's EV-to-EBIT distribution charts can be found below:

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



Lottomatica Group 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €349 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.


Lottomatica Group SpA  (MIL:LTMC) EBIT Explanation

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

Lottomatica Group SpA's annualized ROC % for the quarter that ended in Mar. 2024 is calculated as:

ROC % (Q: Mar. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2023 ) + Invested Capital (Q: Mar. 2024 ))/ count )
=367.204 * ( 1 - 42.62% )/( (2546.866 + 2554.34)/ 2 )
=210.7016552/2550.603
=8.26 %

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))
=3282.195 - 438.856 - ( 296.473 - max(0, 574.578 - 1043.504+296.473))
=2546.866

Invested Capital(Q: Mar. 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))
=3312.087 - 436.566 - ( 321.181 - max(0, 580.4 - 1088.675+321.181))
=2554.34

Note: The Operating Income data used here is four times the quarterly (Mar. 2024) data.

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

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

ROC (Joel Greenblatt) %(Q: Mar. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2023  Q: Mar. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=385.536/( ( (178.789 + max(165.769, 0)) + (181.749 + max(177.559, 0)) )/ 2 )
=385.536/( ( 344.558 + 359.308 )/ 2 )
=385.536/351.933
=109.55 %

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)
=(95.825 + 1.495 + 622.106) - (438.856 + 0 + 114.801)
=165.769

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(90.909 + 1.808 + 643.746) - (436.566 + 0 + 122.338)
=177.559

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2024) EBIT data.

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=348.686/4457.120
=7.82 %

* 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.


Lottomatica Group SpA EBIT Related Terms

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Lottomatica Group SpA (MIL:LTMC) Business Description

Traded in Other Exchanges
Address
Via degli Aldobrandeschi, 300, Rome, ITA, 00163
Lottomatica Group SpA is an operator on the gaming market authorized by the Customs and Monopolies Agency. The group operates in various sectors namely Online (sports betting and online games); Betting (sports bets and games on a physical network); Gaming (AWP and VLT entertainment machines, direct management of gaming halls and proprietary AWPs).

Lottomatica Group SpA (MIL:LTMC) Headlines

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