Kongsberg Automotive Holdings ASA (OSTO:KOAO) EBIT : kr-183 Mil (TTM As of Mar. 2024)

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What is Kongsberg Automotive Holdings ASA EBIT?

Kongsberg Automotive Holdings ASA's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was kr92 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was kr-183 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Kongsberg Automotive Holdings ASA's annualized ROC % for the quarter that ended in Mar. 2024 was -0.63%. Kongsberg Automotive Holdings ASA's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 13.16%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Kongsberg Automotive Holdings ASA's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was -6.44%.

Kongsberg Automotive Holdings ASA EBIT Historical Data

The historical data trend for Kongsberg Automotive Holdings 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.

Kongsberg Automotive Holdings ASA EBIT Chart

Kongsberg Automotive Holdings ASA Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

EBIT

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648.73

-468.19

577.43

658.32

-352.03

Kongsberg Automotive Holdings ASA Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
EBIT	Get a 7-Day Free Trial															-78.94	-180.14	181.99	-277.25	92.28

Competitive Comparison of Kongsberg Automotive Holdings ASA's EBIT

For the Auto Parts subindustry, Kongsberg Automotive Holdings 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.

Kongsberg Automotive Holdings ASA's EV-to-EBIT Distribution in the Vehicles & Parts Industry

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

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

Kongsberg Automotive Holdings 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was kr-183 Mil.

Kongsberg Automotive Holdings ASA (OSTO:KOAo) EBIT Explanation

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

Kongsberg Automotive Holdings ASA'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 )
=	336.82 * ( 1 - 108.69% )	/	( (4962.936	+	4308.282)	/ 2 )
=	-29.269658	/	4635.609
=	-0.63 %

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	))
=	8300.319	-	1442.633	-	( 1894.75	-	max(0, 2438.902	-	5256.293	+	1894.75	))
=	4962.936

	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	))
=	8270.517	-	2258.532	-	( 1703.703	-	max(0, 2379.648	-	5227.613	+	1703.703	))
=	4308.282

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

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

Kongsberg Automotive Holdings ASA'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 )
=	369.116	/	( ( (1964.926 + max(858.217, 0))	+	(1937.862 + max(850.122, 0)) )	/	2 )
=	369.116	/	( ( 2823.143	+	2787.984 )	/	2 )
=	369.116	/	2805.5635
=	13.16 %

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)
=	(1857.937	+	1167.682	+	154.157)	-	(1442.633	+	0	+	878.926)
=	858.217

	Working Capital		(Q: Mar. 2024 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(1997.843	+	1110.81	+	0.0010000000002037)	-	(2258.532	+	0	+	0)
=	850.122

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:

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

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Mar. 2024 )
	=	-183.12	/	2844.502
	=	-6.44 %

Kongsberg Automotive Holdings ASA EBIT Related Terms

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Kongsberg Automotive Holdings ASA (OSTO:KOAO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Kongsberg Automotive Holdings ASA (OSTO:KOAo) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

KGAUF:USA KOA:Norway KOAo:UK K3A:Germany

Address

Europaallee 39, Zurich, CHE, 8004

Website

https://www.kongsbergautomotive.com

Kongsberg Automotive Holdings ASA is a Norway-based company that develops, manufactures and sells products to the automotive industry. The company has organized its businesses into two segments, namely Powertrain and Chassis Products and Specialty Products. The Powertrain and Chassis Products business segment is comprised of the Driveline and On-Highway business units, while the business units under the Specialty Products business segment are Couplings, Fluid Transfer Systems (FTS), and Off-Highway.

Kongsberg Automotive Holdings ASA (OSTO:KOAO) Headlines

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