Cortus Energy AB (OSTO:CE) EBIT: kr-44.12 Mil (TTM As of Dec. 2024)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

OSTO:CE Cortus Energy AB OSTO:CE
8 GF Score
Price kr0.18
View Full Analysis

What is Cortus Energy AB EBIT?

Cortus Energy AB OSTO:CE 8 EBIT is kr-44.12 Mil as of Dec. 2024. GuruFocus rates OSTO:CE with a GF Score™ of 8/100.

Cortus Energy AB's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2024 was kr4.43 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2024 was kr-44.12 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Cortus Energy AB's annualized ROC % for the quarter that ended in Dec. 2024 was 19.72%. Cortus Energy AB's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2024 was 36.17%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Cortus Energy AB's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2024 was -78.08%.

Cortus Energy AB  (OSTO:CE) EBIT Explanation

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

Cortus Energy AB's annualized ROC % for the quarter that ended in Dec. 2024 is calculated as:

ROC % (Q: Dec. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Sep. 2024 ) + Invested Capital (Q: Dec. 2024 ))/ count )
=17.728 * ( 1 - 0% )/( (89.952 + 89.837)/ 2 )
=17.728/89.8945
=19.72 %

where

Invested Capital(Q: Sep. 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))
=71.11 - 14.954 - ( 0.499 - max(0, 40.437 - 6.641+0.499))
=89.952

Invested Capital(Q: Dec. 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))
=79.39 - 16.777 - ( 9.388 - max(0, 43.385 - 16.161+9.388))
=89.837

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

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

Cortus Energy AB's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Dec. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Sep. 2024  Q: Dec. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=17.728/( ( (49.017 + max(-32.76, 0)) + (49.017 + max(-36.993, 0)) )/ 2 )
=17.728/( ( 49.017 + 49.017 )/ 2 )
=17.728/49.017
=36.17 %

where Working Capital is:

Working Capital(Q: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(2.1 + 0 + 0) - (14.954 + 0 + 19.906)
=-32.76

Working Capital(Q: Dec. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1.815 + 0 + 0) - (16.777 + 0 + 22.031)
=-36.993

When net working capital is negative, 0 is used.

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

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2024 )
=-44.117/56.501
=-78.08 %

* 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.

Cortus Energy AB EBIT Related Terms

Cortus Energy AB EBIT Historical Data

* Premium members only.

The historical data trend for Cortus Energy AB'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.

Cortus Energy AB EBIT Chart

Cortus Energy AB Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only -66.43 -69.17 -60.64 -76.41 -44.12

Cortus Energy AB Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 -20.36 -19.24 -17.00 -12.32 4.43

OSTO:CE vs CEG: EBIT Comparison

For the Utilities - Renewable subindustry, Cortus Energy 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.

Cortus Energy AB EV-to-EBIT vs Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Cortus Energy AB's EV-to-EBIT distribution charts can be found below:

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


OSTO:CE
8GF Score
Cortus Energy AB OSTO:CE
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Cortus Energy 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 Dec. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was kr-44.12 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.

Frequently Asked Questions Learn more about EBIT →
What does a EBIT of kr-44.12 Mil mean?
Cortus Energy AB (OSTO:CE) has a EBIT of kr-44.12 Mil as of Dec. 2024. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Cortus Energy AB.
Is Cortus Energy AB's EBIT too high?
Cortus Energy AB's current EBIT is kr-44.12 Mil. Overall, Cortus Energy AB has a GF Score™ of 8/100, reflecting its overall financial health beyond just this single metric.
How does Cortus Energy AB's EBIT compare to CEG?
Cortus Energy AB's EBIT of kr-44.12 Mil can be compared against companies in the Utilities - Independent Power Producers 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 an Utilities - Independent Power Producers company?
A good EBIT depends on the Utilities - Independent Power Producers 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 Cortus Energy AB. Cortus Energy AB's current EBIT is kr-44.12 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cortus Energy AB stock overvalued right now?
Cortus Energy AB (OSTO:CE) has a current EBIT of kr-44.12 Mil. The current EBIT is kr-44.12 Mil. Cortus Energy AB's overall GF Score™ is 8/100. 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 Cortus Energy AB (OSTO:CE), the current EBIT is kr-44.12 Mil as of Dec. 2024. 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.

Cortus Energy AB Business Description

Address Isafjordsgatan 30C, 7th floor, Kista, SWE, 164 40
Cortus Energy AB provides cost-effective and renewable energy gas. It offers energy gas for power, industrial and transport applications.
8GF Score

Get the complete analysis for OSTO:CE

EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

kr0.18
Price