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Relais Group (OHEL:RELAIS) EBIT : €26.8 Mil (TTM As of Mar. 2024)


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What is Relais Group EBIT?

Relais Group's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was €7.8 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was €26.8 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Relais Group's annualized ROC % for the quarter that ended in Mar. 2024 was 8.95%. Relais Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 23.78%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Relais Group's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 7.09%.


Relais Group EBIT Historical Data

The historical data trend for Relais 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.

Relais Group EBIT Chart

Relais Group Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EBIT
Get a 7-Day Free Trial Premium Member Only 4.24 12.55 22.04 17.49 25.12

Relais Group Quarterly Data
Jun18 Dec18 Jun19 Dec19 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 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 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 6.19 2.81 7.97 8.16 7.82

Competitive Comparison of Relais Group's EBIT

For the Auto Parts subindustry, Relais 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.


Relais Group's EV-to-EBIT Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Relais Group's EV-to-EBIT distribution charts can be found below:

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



Relais 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €26.8 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.


Relais Group  (OHEL:RELAIS) EBIT Explanation

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

Relais Group'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 )
=35.848 * ( 1 - 33.55% )/( (267.844 + 264.402)/ 2 )
=23.820996/266.123
=8.95 %

where

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

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

Relais Group'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 )
=31.284/( ( (65.833 + max(66.05, 0)) + (62.509 + max(68.757, 0)) )/ 2 )
=31.284/( ( 131.883 + 131.266 )/ 2 )
=31.284/131.5745
=23.78 %

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)
=(41.421 + 71.202 + 6.927) - (51.605 + 0 + 1.895)
=66.05

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(46.932 + 73.1 + 1.219) - (49.319 + 0 + 3.175)
=68.757

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=26.763/377.739
=7.09 %

* 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.


Relais Group EBIT Related Terms

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Relais Group (OHEL:RELAIS) Business Description

Traded in Other Exchanges
N/A
Address
Mannerheimintie 105, Helsinki, FIN, 00280
Relais Group PLC is engaged in the development of automotive electrical equipment and spare parts. The company operates through various brands comprising of Startax, Awimex, ABR, and Huzells. The company has two reportable segments involve Finland&Baltics and Scandinavia. The Finland&Baltics segment sells car spare parts, equipment and commercial vehicle repair and maintanance services through companies operating in Finland, Estonia and Latvia. The Scandinavia segment also sells car spare parts, equipment and commercial vehicle repair and maintanance services through its companies in Sweden, Norway and Denmark. Majority of revenue is derived from Scandinavia.

Relais Group (OHEL:RELAIS) Headlines

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