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TXT e-solutions SpA (MIL:TXT) EBIT : €28.9 Mil (TTM As of Sep. 2024)


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What is TXT e-solutions SpA EBIT?

TXT e-solutions SpA's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2024 was €7.2 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2024 was €28.9 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. TXT e-solutions SpA's annualized ROC % for the quarter that ended in Sep. 2024 was 8.94%. TXT e-solutions SpA's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 128.98%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. TXT e-solutions SpA's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 6.52%.


TXT e-solutions SpA EBIT Historical Data

The historical data trend for TXT e-solutions 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.

TXT e-solutions SpA EBIT Chart

TXT e-solutions 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 2.61 6.10 10.54 16.96 23.66

TXT e-solutions SpA Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 5.09 9.63 6.09 6.05 7.18

Competitive Comparison of TXT e-solutions SpA's EBIT

For the Software - Application subindustry, TXT e-solutions 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.


TXT e-solutions SpA's EV-to-EBIT Distribution in the Software Industry

For the Software industry and Technology sector, TXT e-solutions SpA's EV-to-EBIT distribution charts can be found below:

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



TXT e-solutions 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 Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €28.9 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.


TXT e-solutions SpA  (MIL:TXT) EBIT Explanation

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

TXT e-solutions SpA's annualized ROC % for the quarter that ended in Sep. 2024 is calculated as:

ROC % (Q: Sep. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jun. 2024 ) + Invested Capital (Q: Sep. 2024 ))/ count )
=28.72 * ( 1 - 32.44% )/( (212.435 + 221.412)/ 2 )
=19.403232/216.9235
=8.94 %

where

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))
=325.829 - 48.396 - ( 74.931 - max(0, 122.389 - 187.387+74.931))
=212.435

Invested Capital(Q: Sep. 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))
=341.278 - 68.923 - ( 50.943 - max(0, 126.969 - 178.863+50.943))
=221.412

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

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

TXT e-solutions SpA's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Sep. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2024  Q: Sep. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=28.72/( ( (22.078 + max(-40.862, 0)) + (22.457 + max(-41.545, 0)) )/ 2 )
=28.72/( ( 22.078 + 22.457 )/ 2 )
=28.72/22.2675
=128.98 %

where Working Capital is:

Working Capital(Q: Jun. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(71.193 + 0 + 10.334) - (48.396 + 0 + 73.993)
=-40.862

Working Capital(Q: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(85.424 + 0 + 0) - (68.923 + 0 + 58.046)
=-41.545

When net working capital is negative, 0 is used.

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

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

TXT e-solutions SpA's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2024 )
=28.941/443.931
=6.52 %

* 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.


TXT e-solutions SpA EBIT Related Terms

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TXT e-solutions SpA Business Description

Traded in Other Exchanges
Address
Via Milano, No. 150, Cologno Monzese, Milan, ITA, 20093
TXT e-solutions SpA is an Italy-based company. The company provides software and service solutions. Its products are used in the information technology sector (IT). The company business units include aerospace and aviation and Fintech. It generates maximum revenue from Aerospace, A&A segment. Geographically, it has a presence in Italy, Germany, the United Kingdom, France, Switzerland, and the USA.