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Trevi Finanziaria Industriale SpA (MIL:TFI) EBIT : €50.2 Mil (TTM As of Dec. 2023)


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What is Trevi Finanziaria Industriale SpA EBIT?

Trevi Finanziaria Industriale SpA's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2023 was €8.9 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was €50.2 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Trevi Finanziaria Industriale SpA's annualized ROC % for the quarter that ended in Dec. 2023 was -16.94%. Trevi Finanziaria Industriale SpA's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 5.37%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Trevi Finanziaria Industriale SpA's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 15.35%.


Trevi Finanziaria Industriale SpA EBIT Historical Data

The historical data trend for Trevi Finanziaria Industriale 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.

Trevi Finanziaria Industriale SpA EBIT Chart

Trevi Finanziaria Industriale SpA Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only -34.59 279.82 -26.54 5.17 50.17

Trevi Finanziaria Industriale SpA Semi-Annual Data
Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -13.81 -8.70 13.87 41.29 8.89

Competitive Comparison of Trevi Finanziaria Industriale SpA's EBIT

For the Engineering & Construction subindustry, Trevi Finanziaria Industriale 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.


Trevi Finanziaria Industriale SpA's EV-to-EBIT Distribution in the Construction Industry

For the Construction industry and Industrials sector, Trevi Finanziaria Industriale SpA's EV-to-EBIT distribution charts can be found below:

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



Trevi Finanziaria Industriale 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 €50.2 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.


Trevi Finanziaria Industriale SpA  (MIL:TFI) EBIT Explanation

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

Trevi Finanziaria Industriale 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 )
=44.502 * ( 1 - 273.78% )/( (455.014 + 457.869)/ 2 )
=-77.3355756/456.4415
=-16.94 %

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))
=700.105 - 150.195 - ( 94.896 - max(0, 291.322 - 488.438+94.896))
=455.014

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))
=713.315 - 157.407 - ( 98.039 - max(0, 296.881 - 495.861+98.039))
=457.869

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:

Trevi Finanziaria Industriale 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 )
=17.772/( ( (170.987 + max(151.598, 0)) + (169.664 + max(169.622, 0)) )/ 2 )
=17.772/( ( 322.585 + 339.286 )/ 2 )
=17.772/330.9355
=5.37 %

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)
=(227.87 + 125.923 + 23.698) - (150.195 + 0 + 75.698)
=151.598

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(244.981 + 113.978 + 29.45) - (157.407 + 0 + 61.38)
=169.622

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2023 )
=50.171/326.862
=15.35 %

* 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.


Trevi Finanziaria Industriale SpA EBIT Related Terms

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Trevi Finanziaria Industriale SpA (MIL:TFI) Business Description

Traded in Other Exchanges
Address
201, Via Larga, Cesena, ITA, 47522
Trevi Finanziaria Industriale SpA is the holding company. The company's segment includes Special foundation works and the Manufacture of special machinery for foundations. It generates maximum revenue from the Special foundation works segment. The geographical segment includes Italy; Europe; the USA and Canada; Latin America; Africa; the Middle East and Asia and the far east and the rest of the world. It derives a majority of its revenue from the USA and Canada. The group is also active in the sector of renewable energy, mainly wind energy.

Trevi Finanziaria Industriale SpA (MIL:TFI) Headlines

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