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Norditek Group AB (OSTO:NOTEK) EBIT : kr9.29 Mil (TTM As of Nov. 2024)


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What is Norditek Group AB EBIT?

Norditek Group AB's earnings before interest and taxes (EBIT) for the three months ended in Nov. 2024 was kr5.69 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Nov. 2024 was kr9.29 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Norditek Group AB's annualized ROC % for the quarter that ended in Nov. 2024 was 13.93%. Norditek Group AB's annualized ROC (Joel Greenblatt) % for the quarter that ended in Nov. 2024 was 28.06%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Norditek Group AB's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Nov. 2024 was 5.95%.


Norditek Group AB EBIT Historical Data

The historical data trend for Norditek Group 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.

* Premium members only.

Norditek Group AB EBIT Chart

Norditek Group AB Annual Data
Trend Aug21 Aug22 Aug23 Aug24
EBIT
- 9.24 9.73 5.69

Norditek Group AB Quarterly Data
Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24
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 2.09 -2.38 4.44 1.54 5.69

Competitive Comparison of Norditek Group AB's EBIT

For the Waste Management subindustry, Norditek Group 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.


Norditek Group AB's EV-to-EBIT Distribution in the Waste Management Industry

For the Waste Management industry and Industrials sector, Norditek Group AB's EV-to-EBIT distribution charts can be found below:

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


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Norditek Group 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 Nov. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was kr9.29 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.


Norditek Group AB  (OSTO:NOTEK) EBIT Explanation

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

Norditek Group AB's annualized ROC % for the quarter that ended in Nov. 2024 is calculated as:

ROC % (Q: Nov. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Aug. 2024 ) + Invested Capital (Q: Nov. 2024 ))/ count )
=22.708 * ( 1 - 24.71% )/( (118.814 + 126.622)/ 2 )
=17.0968532/122.718
=13.93 %

where

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

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

Norditek Group AB's annualized ROC (Joel Greenblatt) % for the quarter that ended in Nov. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Nov. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Aug. 2024  Q: Nov. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=22.76/( ( (1.237 + max(75.837, 0)) + (1.424 + max(83.699, 0)) )/ 2 )
=22.76/( ( 77.074 + 85.123 )/ 2 )
=22.76/81.0985
=28.06 %

where Working Capital is:

Working Capital(Q: Aug. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(6.555 + 90.271 + 2.049) - (13.433 + 0 + 9.605)
=75.837

Working Capital(Q: Nov. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(15.675 + 83.437 + 0) - (4.618 + 0 + 10.795)
=83.699

When net working capital is negative, 0 is used.

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

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Nov. 2024 )
=9.29/156.264
=5.95 %

* 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.


Norditek Group AB EBIT Related Terms

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Norditek Group AB Business Description

Traded in Other Exchanges
N/A
Address
Stora Avagen 21, Askim, SWE, 436 34
Norditek Group AB is an environmental technology company with a focus on mobile and flexiblerecycling facilities in the Waste, Gravel & Rock and Biomass segments.

Norditek Group AB Headlines

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