MOOV (Moove Lubricants Holdings) EBIT: $165.33 Mil (TTM As of Jun. 2024)


What is Moove Lubricants Holdings EBIT?

Moove Lubricants Holdings MOOV EBIT is $165.33 Mil as of Jun. 2024.

Moove Lubricants Holdings's earnings before interest and taxes (EBIT) for the six months ended in Jun. 2024 was $85.81 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2024 was $165.33 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Moove Lubricants Holdings's annualized ROC % for the quarter that ended in Jun. 2024 was 9.17%. Moove Lubricants Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was 54.85%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield.

Moove Lubricants Holdings  (NYSE:MOOV) EBIT Explanation

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

Moove Lubricants Holdings'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 )
=150.684 * ( 1 - 34.29% )/( (1066.625 + 1093.827)/ 2 )
=99.0144564/1080.226
=9.17 %

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))
=1607.737 - 393.592 - ( 173.896 - max(0, 554.079 - 701.599+173.896))
=1066.625

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))
=1638.489 - 403.173 - ( 146.621 - max(0, 592.643 - 734.132+146.621))
=1093.827

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:

Moove Lubricants Holdings'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 )
=171.622/( ( (196.68 + max(95.295, 0)) + (206.276 + max(127.497, 0)) )/ 2 )
=171.622/( ( 291.975 + 333.773 )/ 2 )
=171.622/312.874
=54.85 %

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)
=(223.159 + 262.809 + 19.787) - (393.592 + 0 + 16.868)
=95.295

Working Capital(Q: Jun. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(255.862 + 279.22 + 27.522) - (403.173 + 0 + 31.934)
=127.497

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:

Moove Lubricants Holdings's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jun. 2024 )
=165.331/0.000
= %

* 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.

Moove Lubricants Holdings EBIT Related Terms

Moove Lubricants Holdings EBIT Historical Data

* Premium members only.

The historical data trend for Moove Lubricants Holdings'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.

Moove Lubricants Holdings EBIT Chart

Moove Lubricants Holdings Annual Data
Trend Dec21 Dec22 Dec23
EBIT
87.33 96.21 171.30

Moove Lubricants Holdings Semi-Annual Data
Dec21 Dec22 Jun23 Dec23 Jun24
EBIT 0.00 0.00 92.65 79.52 85.81

MOOV vs : EBIT Comparison

For the Specialty Chemicals subindustry, Moove Lubricants Holdings'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.

Moove Lubricants Holdings EV-to-EBIT vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Moove Lubricants Holdings's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Moove Lubricants Holdings's EV-to-EBIT falls into.


Moove Lubricants Holdings 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 $165.33 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.

Frequently Asked Questions Learn more about EBIT →
What does a EBIT of $165.33 Mil mean?
Moove Lubricants Holdings (MOOV) has a EBIT of $165.33 Mil as of Jun. 2024. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Moove Lubricants Holdings.
Is Moove Lubricants Holdings' EBIT too high?
Moove Lubricants Holdings' current EBIT is $165.33 Mil.
How does Moove Lubricants Holdings' EBIT compare to ?
Moove Lubricants Holdings' EBIT of $165.33 Mil can be compared against companies in the Chemicals industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBIT for a Chemicals company?
A good EBIT depends on the Chemicals industry context. However, EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EBIT mean?
A high EBIT can signal that a stock is expensive relative to its fundamentals. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Moove Lubricants Holdings. Moove Lubricants Holdings's current EBIT is $165.33 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Moove Lubricants Holdings stock overvalued right now?
Moove Lubricants Holdings (MOOV) has a current EBIT of $165.33 Mil. The current EBIT is $165.33 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBIT calculated?
EBIT is calculated from a company's financial statements. For Moove Lubricants Holdings (MOOV), the current EBIT is $165.33 Mil as of Jun. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Moove Lubricants Holdings Business Description

Comparable Companies
Address Av. Brigadeiro Faria Lima, 4,100 - 8th Floor, Sao Paul, SP, BRA, 04538-132
Moove Lubricants Holdings is a lubricants solutions provider. The company specializes in the formulation, manufacturing, distribution, marketing, selling and servicing of lubricant products across a diverse range of end markets and customers.