Scandinavian Investment Group (OCSE:SIG) EBIT : kr12.50 Mil (TTM As of Jun. 2024)

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What is Scandinavian Investment Group EBIT?

Scandinavian Investment Group's earnings before interest and taxes (EBIT) for the six months ended in Jun. 2024 was kr10.60 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2024 was kr12.50 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Scandinavian Investment Group's annualized ROC % for the quarter that ended in Jun. 2024 was -1.96%. Scandinavian Investment Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was %.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Scandinavian Investment Group's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was 9.04%.

Scandinavian Investment Group EBIT Historical Data

The historical data trend for Scandinavian Investment Group'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.

Scandinavian Investment Group EBIT Chart

Scandinavian Investment Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

EBIT

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-2.50

16.40

30.60

27.90

9.70

Scandinavian Investment Group Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
EBIT	Get a 7-Day Free Trial															13.40	14.50	7.80	1.90	10.60

Competitive Comparison of Scandinavian Investment Group's EBIT

For the Lumber & Wood Production subindustry, Scandinavian Investment Group'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.

Scandinavian Investment Group's EV-to-EBIT Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Scandinavian Investment Group's EV-to-EBIT distribution charts can be found below:

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

Scandinavian Investment Group 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 kr12.50 Mil.

Scandinavian Investment Group (OCSE:SIG) EBIT Explanation

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

Scandinavian Investment Group'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 )
=	-4.2 * ( 1 - 5% )	/	( (201	+	206.1)	/ 2 )
=	-3.99	/	203.55
=	-1.96 %

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	))
=	299	-	0	-	( 112.2	-	max(0, 15.7	-	113.7	+	112.2	))
=	201

	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	))
=	307.4	-	0	-	( 120.9	-	max(0, 20.8	-	122.1	+	120.9	))
=	206.1

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:

Scandinavian Investment Group'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 )
=	21.2	/	( ( (0 + max(-2.8, 0))	+	(0 + max(-2.1, 0)) )	/	2 )
=	21.2	/	( ( 0	+	0 )	/	2 )
=	21.2	/	0
=	%

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)
=	(0	+	0	+	0)	-	(0	+	0	+	2.8)
=	-2.8

	Working Capital		(Q: Jun. 2024 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0	+	0	+	-1.4210854715202E-14)	-	(0	+	0	+	2.1)
=	-2.1

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:

Scandinavian Investment Group's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Jun. 2024 )
	=	12.5	/	138.343
	=	9.04 %

Scandinavian Investment Group EBIT Related Terms

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Scandinavian Investment Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » Scandinavian Investment Group Ltd (OCSE:SIG) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

N/A

Address

Herlev Hovedgade 195, Herlev, DNK, 2730

Website

https://www.sca-inv-group.dk

Scandinavian Investment Group Ltd is a listed trading company that invests in real estate, corporate bonds and shares in listed companies. The company takes an active and value-creating approach to all its investments, which means that it has a close dialog with the management of the companies it invests in as well as the tenants in the properties it owns.