Vetrya SpA (MIL:VTY) EBIT : €-16.71 Mil (TTM As of Jun. 2021)

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What is Vetrya SpA EBIT?

Vetrya SpA's earnings before interest and taxes (EBIT) for the six months ended in Jun. 2021 was €-10.29 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2021 was €-16.71 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Vetrya SpA's annualized ROC % for the quarter that ended in Jun. 2021 was -47.68%. Vetrya SpA's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2021 was -216.87%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Vetrya SpA's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2021 was -83.73%.

Vetrya SpA EBIT Historical Data

The historical data trend for Vetrya 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.

Vetrya SpA EBIT Chart

Vetrya SpA Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

EBIT

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2.98

3.85

3.97

-8.30

-12.85

Vetrya SpA Semi-Annual Data
	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21
EBIT	Get a 7-Day Free Trial							-0.96	-7.34	-6.42	-6.42	-10.29

Competitive Comparison of Vetrya SpA's EBIT

For the Telecom Services subindustry, Vetrya 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.

Vetrya SpA's EV-to-EBIT Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Vetrya SpA's EV-to-EBIT distribution charts can be found below:

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

Vetrya 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. 2021 adds up the semi-annually data reported by the company within the most recent 12 months, which was €-16.71 Mil.

Vetrya SpA (MIL:VTY) EBIT Explanation

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

Vetrya SpA's annualized ROC % for the quarter that ended in Jun. 2021 is calculated as:

	ROC % (Q: Jun. 2021 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Dec. 2020 )	+	Invested Capital (Q: Jun. 2021 ))	/ count )
=	-9.674 * ( 1 - -23.64% )	/	( (27.317	+	22.85)	/ 2 )
=	-11.9609336	/	25.0835
=	-47.68 %

where

	Invested Capital		(Q: Dec. 2020 )
=	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	))
=	42.984	-	17.499	-	( 4.977	-	max(0, 28.377	-	26.545	+	4.977	))
=	27.317

	Invested Capital		(Q: Jun. 2021 )
=	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	))
=	26.285	-	12.466	-	( 1.852	-	max(0, 22.668	-	13.637	+	1.852	))
=	22.85

Note: The Operating Income data used here is two times the semi-annual (Jun. 2021) data.

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

Vetrya SpA's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2021 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Jun. 2021 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Dec. 2020		Q: Jun. 2021
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	-20.58	/	( ( (9.581 + max(-6.487, 0))	+	(9.398 + max(-9.73, 0)) )	/	2 )
=	-20.58	/	( ( 9.581	+	9.398 )	/	2 )
=	-20.58	/	9.4895
=	-216.87 %

where Working Capital is:

	Working Capital		(Q: Dec. 2020 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(6.949	+	0.014	+	9.37)	-	(17.499	+	0	+	5.321)
=	-6.487

	Working Capital		(Q: Jun. 2021 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(5.185	+	0.014	+	2.609)	-	(12.466	+	0	+	5.072)
=	-9.73

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Jun. 2021) EBIT data.

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

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

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Jun. 2021 )
	=	-16.713	/	19.960
	=	-83.73 %

Vetrya SpA EBIT Related Terms

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Vetrya SpA (MIL:VTY) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Vetrya SpA (MIL:VTY) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

N/A

Address

Via dell’Innovazione, 1 e 1A, Orvieto, ITA, 05018

Website

http://www.vetrya.com

Vetrya SpA is engaged in the development of digital services, applications and broadband solutions. Its solutions include Eclexia, Wonda mobile hub, Visidea video syndication, tivin, digital pay and Visyd ADV digital advertising. The company offers wide range of cloud multi screen platforms for broadband telecommunications networks, media asset management, mobile entertainment, mobile commerce, value-added services, carrier billing, Internet TV, broadcasting, digital advertising and content production.

Vetrya SpA (MIL:VTY) Headlines

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