SAFLF (Safilo Group SpA) EBIT : $17 Mil (TTM As of Jun. 2024)

View and export this data going back to 2006. Start your Free Trial

What is Safilo Group SpA EBIT?

Safilo Group SpA's earnings before interest and taxes (EBIT) for the six months ended in Jun. 2024 was $32 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2024 was $17 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Safilo Group SpA's annualized ROC % for the quarter that ended in Jun. 2024 was 7.59%. Safilo Group SpA's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was 17.60%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Safilo Group SpA's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was 3.34%.

Safilo Group SpA EBIT Historical Data

The historical data trend for Safilo Group SpA'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.

Safilo Group SpA EBIT Chart

Safilo Group SpA Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

EBIT

Get a 7-Day Free Trial

-301.54

-92.03

55.08

76.81

-8.37

Safilo Group SpA Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
EBIT	Get a 7-Day Free Trial															49.93	26.78	7.28	-15.70	32.40

Competitive Comparison of Safilo Group SpA's EBIT

For the Medical Instruments & Supplies subindustry, Safilo Group SpA'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.

Safilo Group SpA's EV-to-EBIT Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Safilo Group SpA's EV-to-EBIT distribution charts can be found below:

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

Safilo Group SpA 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 Jun. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was $17 Mil.

Safilo Group SpA (OTCPK:SAFLF) EBIT Explanation

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

Safilo Group SpA's annualized ROC % for the quarter that ended in Jun. 2024 is calculated as:

	ROC % (Q: Jun. 2024 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Dec. 2023 )	+	Invested Capital (Q: Jun. 2024 ))	/ count )
=	67.826 * ( 1 - 30.24% )	/	( (608.111	+	639.375)	/ 2 )
=	47.3154176	/	623.743
=	7.59 %

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	))
=	932.892	-	243.104	-	( 81.677	-	max(0, 315.246	-	597.238	+	81.677	))
=	608.111

	Invested Capital		(Q: Jun. 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	))
=	921.111	-	236.936	-	( 44.8	-	max(0, 300.18	-	567.398	+	44.8	))
=	639.375

Note: The Operating Income data used here is two times the semi-annual (Jun. 2024) data.

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

Safilo Group SpA's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Jun. 2024 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Dec. 2023		Q: Jun. 2024
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	64.798	/	( ( (133.845 + max(229.489, 0))	+	(129.181 + max(243.68, 0)) )	/	2 )
=	64.798	/	( ( 363.334	+	372.861 )	/	2 )
=	64.798	/	368.0975
=	17.60 %

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)
=	(221.456	+	249.718	+	30.057)	-	(243.104	+	0	+	28.638)
=	229.489

	Working Capital		(Q: Jun. 2024 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(257.54	+	212.496	+	31.332)	-	(236.936	+	0	+	20.752)
=	243.68

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Jun. 2024) EBIT data.

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

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

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Jun. 2024 )
	=	16.7	/	500.388
	=	3.34 %

Safilo Group SpA EBIT Related Terms

Thank you for viewing the detailed overview of Safilo Group SpA's EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.

Safilo Group SpA Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Safilo Group SpA (OTCPK:SAFLF) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

SFL:Italy 0NJ5:UK

Address

Settima Strada, 15, Padua, ITA, 35129

Website

https://www.safilogroup.com

Safilo Group SpA makes sunglasses and prescription eyewear. It is engaged in design, production, and wholesale distribution of its products through a network of independent distributors and commercial subsidiaries. Its products are sold through the Carrera, Smith, Polaroid and Oxydo brands, as well as a range of other licensed brands. The company operates solely through the wholesale segment channels and divides itself into the following four geographical segments: Italy, Europe, America, and Asia. The company earns most of its revenue from the America business segment.