Candyking Holding AB (OSTO:CANDY) EBIT: kr63.95 Mil (TTM As of Mar. 2015)

What is Candyking Holding AB EBIT?

Candyking Holding AB OSTO:CANDY EBIT is kr63.95 Mil as of Mar. 2015.

Candyking Holding AB's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2015 was kr13.80 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2015 was kr63.95 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Candyking Holding AB's annualized ROC % for the quarter that ended in Mar. 2015 was 3.73%. Candyking Holding AB's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2015 was 45.53%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield.

Candyking Holding AB (OSTO:CANDY) EBIT Explanation

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

Candyking Holding AB's annualized ROC % for the quarter that ended in Mar. 2015 is calculated as:

	ROC % (Q: Mar. 2015 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Dec. 2014 )	+	Invested Capital (Q: Mar. 2015 ))	/ count )
=	55.2 * ( 1 - 0% )	/	( (1462.285	+	1496.6)	/ 2 )
=	55.2	/	1479.4425
=	3.73 %

where

	Invested Capital		(Q: Dec. 2014 )
=	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	))
=	1659.389	-	176.391	-	( 38.575	-	max(0, 313.367	-	334.08	+	38.575	))
=	1462.285

	Invested Capital		(Q: Mar. 2015 )
=	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	))
=	1740.1	-	222.7	-	( 20.8	-	max(0, 388.2	-	422.3	+	20.8	))
=	1496.6

Note: The Operating Income data used here is four times the quarterly (Mar. 2015) data.

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

Candyking Holding AB's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2015 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Mar. 2015 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Dec. 2014		Q: Mar. 2015
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	55.2	/	( ( (105.359 + max(-17.351, 0))	+	(98.6 + max(38.5, 0)) )	/	2 )
=	55.2	/	( ( 105.359	+	137.1 )	/	2 )
=	55.2	/	121.2295
=	45.53 %

where Working Capital is:

	Working Capital		(Q: Dec. 2014 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(178.221	+	80.342	+	36.942)	-	(176.391	+	0	+	136.465)
=	-17.351

	Working Capital		(Q: Mar. 2015 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(308	+	77.3	+	16.2)	-	(222.7	+	0	+	140.3)
=	38.5

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2015) EBIT data.

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

Candyking Holding AB's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Mar. 2015 )
	=	63.951	/	0.000
	=	%

* 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.

Candyking Holding AB EBIT Related Terms

Candyking Holding AB EBIT Historical Data

* Premium members only.

The historical data trend for Candyking Holding AB's EBIT can be seen below:

Candyking Holding AB EBIT Chart

Candyking Holding AB Annual Data

Trend

Dec12

Dec13

Dec14

EBIT

52.92

43.41

53.85

Candyking Holding AB Quarterly Data
	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15
EBIT	Get a 7-Day Free Trial						3.70	15.00	17.70	17.45	13.80

Candyking Holding AB EBIT Competitor Comparison

For the Confectioners subindustry, Candyking Holding AB'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.

Candyking Holding AB EV-to-EBIT vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Candyking Holding AB's EV-to-EBIT distribution charts can be found below:

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

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Candyking Holding AB 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. 2015 adds up the quarterly data reported by the company within the most recent 12 months, which was kr63.95 Mil.

Frequently Asked Questions Learn more about EBIT →

What does a EBIT of kr63.95 Mil mean?

Candyking Holding AB (OSTO:CANDY) has a EBIT of kr63.95 Mil as of Mar. 2015. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Candyking Holding AB.

Is Candyking Holding AB's EBIT too high?

Candyking Holding AB's current EBIT is kr63.95 Mil.

How does Candyking Holding AB's EBIT compare to competitors?

Candyking Holding AB's EBIT of kr63.95 Mil can be compared against companies in the Consumer Packaged Goods industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.

What is a good EBIT for a Consumer Packaged Goods company?

A good EBIT depends on the Consumer Packaged Goods industry context. However, EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.

What does a high EBIT mean?

A high EBIT can signal that a stock is expensive relative to its fundamentals. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Candyking Holding AB. Candyking Holding AB's current EBIT is kr63.95 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Candyking Holding AB stock overvalued right now?

Candyking Holding AB (OSTO:CANDY) has a current EBIT of kr63.95 Mil. The current EBIT is kr63.95 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.

How is EBIT calculated?

EBIT is calculated from a company's financial statements. For Candyking Holding AB (OSTO:CANDY), the current EBIT is kr63.95 Mil as of Mar. 2015. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Candyking Holding AB Business Description

Industry Consumer Defensive Consumer Packaged Goods

Comparable Companies OSTO:CLA B

Website http://group.candyking.com

Candyking Holding AB was founded in 1984. It is a supplier of pick & mix in the Nordic region, the UK and Ireland and has operations in Poland, the Czech Republic, Slovakia and Hungary. Candyking's confectionery concept and brands are Candyking, Karamellkungen, Premiyum and Candyking Favourites.