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ODDITY Tech (ODDITY Tech) EBIT : $88.6 Mil (TTM As of Mar. 2024)


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What is ODDITY Tech EBIT?

ODDITY Tech's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was $39.0 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was $88.6 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. ODDITY Tech's annualized ROC % for the quarter that ended in Mar. 2024 was 55.69%. ODDITY Tech's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 592.71%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. ODDITY Tech's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 4.55%.

ODDITY Tech EBIT Historical Data

The historical data trend for ODDITY Tech'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.

ODDITY Tech EBIT Chart

ODDITY Tech Annual Data
Trend Dec20 Dec21 Dec22 Dec23
EBIT
16.66 19.51 27.67 74.32

ODDITY Tech Quarterly Data
Dec20 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 24.72 36.83 6.31 6.45 38.98

Competitive Comparison of ODDITY Tech's EBIT

For the Software - Infrastructure subindustry, ODDITY Tech'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.

ODDITY Tech's EV-to-EBIT Distribution in the Software Industry

For the Software industry and Technology sector, ODDITY Tech's EV-to-EBIT distribution charts can be found below:

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


ODDITY Tech 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $88.6 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.

ODDITY Tech  (NAS:ODD) EBIT Explanation

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

ODDITY Tech's annualized ROC % for the quarter that ended in Mar. 2024 is calculated as:

ROC % (Q: Mar. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2023 ) + Invested Capital (Q: Mar. 2024 ))/ count )
=155.924 * ( 1 - 21.35% )/( (205.204 + 235.223)/ 2 )
=122.634226/220.2135
=55.69 %

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))
=404.906 - 85.202 - ( 115.646 - max(0, 109.312 - 223.812+115.646))
=205.204

Invested Capital(Q: Mar. 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))
=505.09 - 154.711 - ( 157.255 - max(0, 158.314 - 273.47+157.255))
=235.223

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

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

ODDITY Tech's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2023  Q: Mar. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=155.924/( ( (22.802 + max(2.656, 0)) + (27.156 + max(-38.496, 0)) )/ 2 )
=155.924/( ( 25.458 + 27.156 )/ 2 )
=155.924/26.307
=592.71 %

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)
=(9.916 + 84.106 + 14.144) - (85.202 + 13.92 + 6.388)
=2.656

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(11.452 + 87.375 + 17.388) - (154.711 + 0 + -2.8421709430404E-14)
=-38.496

When net working capital is negative, 0 is used.

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

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=88.578/1945.473
=4.55 %

* 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.

ODDITY Tech EBIT Related Terms

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ODDITY Tech (ODDITY Tech) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » ODDITY Tech Ltd (NAS:ODD) » Definitions » EBIT
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Traded in Other Exchanges
N/A
Address
8 Haharash Street, Tel Aviv-Jaffa, ISR, 6761304
Website
https://www.oddity.com
ODDITY Tech Ltd offers a consumer tech platform that is built to transform the global beauty and wellness market. The ODDITY platform is designed to support a portfolio of brands and services that aim to innovate and disrupt the expansive global beauty and wellness market. It consumes user data to develop physical beauty and wellness products that deliver performance and functionality.