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Metallus (Metallus) EBIT : $100 Mil (TTM As of Dec. 2023)


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What is Metallus EBIT?

Metallus's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2023 was $5 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was $100 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Metallus's annualized ROC % for the quarter that ended in Dec. 2023 was 3.78%. Metallus's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 2.64%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Metallus's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 14.86%.


Metallus EBIT Historical Data

The historical data trend for Metallus'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.

Metallus EBIT Chart

Metallus 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 -110.40 -48.10 182.90 101.00 99.10

Metallus Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 -3.40 19.40 40.50 35.20 4.50

Competitive Comparison of Metallus's EBIT

For the Steel subindustry, Metallus'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.


Metallus's EV-to-EBIT Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Metallus's EV-to-EBIT distribution charts can be found below:

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



Metallus 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 quarterly data reported by the company within the most recent 12 months, which was $100 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.


Metallus  (NYSE:MTUS) EBIT Explanation

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

Metallus'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: Sep. 2023 ) + Invested Capital (Q: Dec. 2023 ))/ count )
=80.4 * ( 1 - 64.86% )/( (759.3 + 734.6)/ 2 )
=28.25256/746.95
=3.78 %

where

Note: The Operating Income data used here is four times the quarterly (Dec. 2023) data.

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

Metallus'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: Sep. 2023  Q: Dec. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=18/( ( (498.8 + max(216.6, 0)) + (503.9 + max(146, 0)) )/ 2 )
=18/( ( 715.4 + 649.9 )/ 2 )
=18/682.65
=2.64 %

where Working Capital is:

Working Capital(Q: Sep. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(135.8 + 255.4 + 13.9) - (169.1 + 0 + 19.4)
=216.6

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(113.2 + 228 + 35) - (160.1 + 0 + 70.1)
=146

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Dec. 2023) EBIT data.

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2023 )
=99.6/670.086
=14.86 %

* 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.


Metallus EBIT Related Terms

Thank you for viewing the detailed overview of Metallus's EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.


Metallus (Metallus) Business Description

Traded in Other Exchanges
Address
1835 Dueber Avenue South West, Canton, OH, USA, 44706
TimkenSteel Corp is an America-based manufacturer of alloy steel, as well as carbon and micro-alloy steel. TimkenSteel's portfolio includes special bar quality steel, seamless mechanical tubes, and value-add solutions, such as precision steel components. The company also supplies machining and thermal treatment services and manages raw material recycling programs that work as a feeder system for its melt operations. The company's products and services are used in the following sectors: oil and gas; automotive; industrial equipment; mining; construction; rail; aerospace and defense; heavy truck; agriculture; and power generation. Geographically, the company mainly serves customers in the United States.
Executives
Kevin A Raketich officer: EVP, Sales, Mktg. & Bus. Dev. 1835 DUEBER AVE. SW, CANTON OH 44706
Michael S Williams director, officer: President & CEO 1835 DUEBER AVE. SW, CANTON OH 44706
Kristopher R Westbrooks officer: EVP, Chief Financial Officer 3637 RIDGEWOOD ROAD, FAIRLAWN OH 44333
Kristine C Syrvalin officer: EVP General Counsel 1835 DUEBER AVE. SW, CANTON OH 44706
Jamy P. Rankin director C/O MOTOR CAR PARTS OF AMERICA, INC., 2929 CALIFORNIA STREET, TORRANCE CA 90503
Mary Ellen Baker director CITIZENS FINANCIAL GROUP, INC., 600 WASHINGTON BLVD., STAMFORD CT 06901
Nicholas J. Chirekos director C/O ASSISTANT CORPORATE SECRETARY, PEABODY ENERGY CORP., 701 MARKET ST., ST. LOUIS MO 63101
Ken V Garcia director 1835 DUEBER AVE. SW, CANTON OH 44706
Ellis Allen Jones director 1835 DUEBER AVE. SW, CANTON OH 44706
Nicholas A Yacobozzi officer: Corporate Controller 1835 DUEBER AVE SW, GNE-15, CANTON OH 44706
William P Bryan officer: EVP, Mfg and Supply Chain 1835 DUEBER AVENUE, S.W., CANTON OH 44706
Thomas D Moline officer: EVP, Commercial Operations 1835 DUEBER AVENUE, S.W., CANTON OH 44706
Leila L Vespoli director C/O FIRSTENERGY CORP, 76 SOUTH MAIN STREET, AKRON OH 44308
Marvin Riley director 5605 CARNEGIE BLVD., STE. 500, CHARLOTTE NC 28209
Timken Ward J Jr director, officer: President, CEO, Chairman 200 MARKET AVE N STE 210, CANTON OH 44702

Metallus (Metallus) Headlines

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