Nekkar ASA (OSL:NKR) EBIT : kr115.9 Mil (TTM As of Dec. 2023)

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What is Nekkar ASA EBIT?

Nekkar ASA's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2023 was kr43.6 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was kr115.9 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Nekkar ASA's annualized ROC % for the quarter that ended in Dec. 2023 was 26.89%. Nekkar ASA's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 360.22%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Nekkar ASA's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 15.17%.

Nekkar ASA EBIT Historical Data

The historical data trend for Nekkar ASA'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.

Nekkar ASA EBIT Chart

Nekkar ASA Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

EBIT

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36.56

71.83

135.08

46.07

115.91

Nekkar ASA Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
EBIT	Get a 7-Day Free Trial															80.29	27.62	18.45	72.36	43.56

Competitive Comparison of Nekkar ASA's EBIT

For the Specialty Industrial Machinery subindustry, Nekkar ASA'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.

Nekkar ASA's EV-to-EBIT Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Nekkar ASA's EV-to-EBIT distribution charts can be found below:

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

Nekkar ASA 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 semi-annually data reported by the company within the most recent 12 months, which was kr115.9 Mil.

Nekkar ASA (OSL:NKR) EBIT Explanation

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

Nekkar ASA'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: Jun. 2023 )	+	Invested Capital (Q: Dec. 2023 ))	/ count )
=	102.844 * ( 1 - 25.56% )	/	( (229.508	+	339.822)	/ 2 )
=	76.5570736	/	284.665
=	26.89 %

where

	Invested Capital		(Q: Jun. 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	))
=	514.885	-	49.309	-	( 236.068	-	max(0, 112.991	-	404.755	+	236.068	))
=	229.508

	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	))
=	600.711	-	66.727	-	( 194.162	-	max(0, 146.82	-	461.831	+	194.162	))
=	339.822

Note: The Operating Income data used here is two times the semi-annual (Dec. 2023) data.

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

Nekkar ASA'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: Jun. 2023		Q: Dec. 2023
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	87.112	/	( ( (25.638 + max(-4.552, 0))	+	(22.728 + max(-20.486, 0)) )	/	2 )
=	87.112	/	( ( 25.638	+	22.728 )	/	2 )
=	87.112	/	24.183
=	360.22 %

where Working Capital is:

	Working Capital		(Q: Jun. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(96.767	+	9.753	+	0)	-	(49.309	+	0	+	61.763)
=	-4.552

	Working Capital		(Q: Dec. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(85.27	+	11.861	+	24.927)	-	(66.727	+	0	+	75.817)
=	-20.486

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Dec. 2023) EBIT data.

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

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

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Dec. 2023 )
	=	115.911	/	764.298
	=	15.17 %

Nekkar ASA EBIT Related Terms

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Nekkar ASA (OSL:NKR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Nekkar ASA (OSL:NKR) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

TTSO:Sweden 0TT:Germany

Address

Andoyfaret 15, Kristiansand, NOR, 4623

Website

https://www.nekkar.com

Nekkar ASA is a company based on an industrial philosophy utilizing smart design, digitalization, and electrification to achieve higher efficiency and more sustainable solutions for multiple industries. Its main activities are related to Shipyard Solutions, Digital Solutions, and others. The company generates maximum revenue from the Shipyard Solutions segment. Geographically, it derives a majority of revenue from South Asia and also has a presence in Europe; South East Asia; North East Asia; West Asia; America; Africa, and Australia.