Promotica SpA (MIL:PMT) EBIT : €6.25 Mil (TTM As of Dec. 2023)

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What is Promotica SpA EBIT?

Promotica SpA's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2023 was €6.23 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was €6.25 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Promotica SpA's annualized ROC % for the quarter that ended in Dec. 2023 was 18.32%. Promotica SpA's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 37.11%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Promotica SpA's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 10.10%.

Promotica SpA EBIT Historical Data

The historical data trend for Promotica 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.

Promotica SpA EBIT Chart

Promotica SpA Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

EBIT

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3.20

6.21

1.83

4.35

6.25

Promotica SpA Semi-Annual Data
	Dec17	Dec18	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
EBIT	Get a 7-Day Free Trial						-0.19	2.11	2.25	0.02	6.23

Competitive Comparison of Promotica SpA's EBIT

For the Consulting Services subindustry, Promotica 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.

Promotica SpA's EV-to-EBIT Distribution in the Business Services Industry

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

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

Promotica 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 Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was €6.25 Mil.

Promotica SpA (MIL:PMT) EBIT Explanation

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

Promotica SpA's annualized ROC % for the quarter that ended in Dec. 2023 is calculated as:

	ROC % (Q: Dec. 2023 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Jun. 2023 )	+	Invested Capital (Q: Dec. 2023 ))	/ count )
=	12.518 * ( 1 - 28.53% )	/	( (47.466	+	50.195)	/ 2 )
=	8.9466146	/	48.8305
=	18.32 %

where

	Invested Capital		(Q: Jun. 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	))
=	74.71	-	23.397	-	( 3.847	-	max(0, 47.987	-	63.38	+	3.847	))
=	47.466

	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	))
=	82.677	-	25.125	-	( 7.357	-	max(0, 54.666	-	70.986	+	7.357	))
=	50.195

Note: The Operating Income data used here is two times the semi-annual (Dec. 2023) data.

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

Promotica SpA's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Dec. 2023 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Jun. 2023		Q: Dec. 2023
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	12.454	/	( ( (1.86 + max(31.118, 0))	+	(2.117 + max(32.033, 0)) )	/	2 )
=	12.454	/	( ( 32.978	+	34.15 )	/	2 )
=	12.454	/	33.564
=	37.11 %

where Working Capital is:

	Working Capital		(Q: Jun. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(22.441	+	24.016	+	9.845)	-	(23.397	+	0	+	1.787)
=	31.118

	Working Capital		(Q: Dec. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(30.276	+	26.919	+	1.884)	-	(25.125	+	0	+	1.921)
=	32.033

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Dec. 2023) EBIT data.

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

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

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Dec. 2023 )
	=	6.245	/	61.811
	=	10.10 %

Promotica SpA EBIT Related Terms

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Promotica SpA (MIL:PMT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Promotica SpA (MIL:PMT) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

N/A

Address

Via Generale dalla Chiesa, 1, Desenzano del Garda (BS), ITA, 25015

Website

https://www.promotica.it

Promotica SpA offers a complete consulting service for promotional planning and development, managing them at each phase from planning of promotional operations, implementation of the communication campaign, procurement of prizes, logistics services, data monitoring to finally measurement of results.