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Soges Group SpA (MIL:SOGES) EBIT : €0.03 Mil (TTM As of Jun. 2024)


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What is Soges Group SpA EBIT?

Soges Group SpA's earnings before interest and taxes (EBIT) for the six months ended in Jun. 2024 was €-0.12 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2024 was €0.03 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Soges Group SpA's annualized ROC % for the quarter that ended in Jun. 2024 was -2.49%. Soges Group SpA's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was -9.29%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Soges Group SpA's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was 0.10%.

Soges Group SpA EBIT Historical Data

The historical data trend for Soges 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.

Soges Group SpA EBIT Chart

Soges Group SpA Annual Data
Trend Dec22 Dec23 Dec24
EBIT
0.32 0.52 0.03

Soges Group SpA Semi-Annual Data
Dec22 Jun23 Dec23 Jun24 Dec24
EBIT - 0.10 0.41 -0.12 0.15

Competitive Comparison of Soges Group SpA's EBIT

For the Resorts & Casinos subindustry, Soges 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.

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

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

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


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Soges 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 Jun. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was €0.03 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.

Soges Group SpA  (MIL:SOGES) EBIT Explanation

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

Soges Group 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 )
=-0.246 * ( 1 - 8.3% )/( (8.459 + 9.692)/ 2 )
=-0.225582/9.0755
=-2.49 %

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))
=12.276 - 2.906 - ( 3.284 - max(0, 4.765 - 5.676+3.284))
=8.459

Invested Capital(Q: Jun. 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))
=14.25 - 3.414 - ( 3.658 - max(0, 5.307 - 6.451+3.658))
=9.692

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:

Soges Group 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 )
=-0.246/( ( (2.468 + max(-1.081, 0)) + (2.827 + max(-1.829, 0)) )/ 2 )
=-0.246/( ( 2.468 + 2.827 )/ 2 )
=-0.246/2.6475
=-9.29 %

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)
=(0.463 + 0.29 + 1.255) - (2.906 + 0 + 0.183)
=-1.081

Working Capital(Q: Jun. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.832 + 0.281 + 0.897) - (3.414 + 0 + 0.425)
=-1.829

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jun. 2024 )
=0.028/27.007
=0.10 %

* 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.

Soges Group SpA EBIT Related Terms

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Soges Group SpA Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Soges Group SpA (MIL:SOGES) » Definitions » EBIT
Comparable Companies
MIL:EAV LVS HKSE:01928 HKSE:00027 MGM WYNN CZR BYD SGX:G13 MTN HKSE:02282 HGV HKSE:01128 XKLS:3182 PENN RRR XKLS:4715 VAC XPAR:BAIN MLCO
Traded in Other Exchanges
N/A
Address
Via dei Caboto 49, Florence, ITA, 50127
Website
https://www.soges-group.com
Soges Group SpA is a company actively engaged in hotel and conference hospitality within prestigious structures. The Company's core business is therefore the acquisition of hotel management with the precise focus of optimizing economic results, repositioning the brand reputation and improving the operational performance of each individual structure that becomes part of the group.

Soges Group SpA Headlines

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