SFRGY (Salvatore Ferragamo SpA) EBIT : $56 Mil (TTM As of Jun. 2024)

View and export this data going back to 2013. Start your Free Trial

What is Salvatore Ferragamo SpA EBIT?

Salvatore Ferragamo SpA's earnings before interest and taxes (EBIT) for the six months ended in Jun. 2024 was $30 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2024 was $56 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Salvatore Ferragamo SpA's annualized ROC % for the quarter that ended in Jun. 2024 was 0.88%. Salvatore Ferragamo SpA's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was 5.35%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Salvatore Ferragamo SpA's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was 3.26%.

Salvatore Ferragamo SpA EBIT Historical Data

The historical data trend for Salvatore Ferragamo 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.

Salvatore Ferragamo SpA EBIT Chart

Salvatore Ferragamo SpA Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

EBIT

Get a 7-Day Free Trial

151.78

-77.12

155.91

124.22

75.18

Salvatore Ferragamo 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															101.28	22.73	48.61	26.25	30.06

Competitive Comparison of Salvatore Ferragamo SpA's EBIT

For the Luxury Goods subindustry, Salvatore Ferragamo 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.

Salvatore Ferragamo SpA's EV-to-EBIT Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Salvatore Ferragamo SpA's EV-to-EBIT distribution charts can be found below:

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

Salvatore Ferragamo 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 $56 Mil.

Salvatore Ferragamo SpA (OTCPK:SFRGY) EBIT Explanation

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

Salvatore Ferragamo 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 )
=	31.382 * ( 1 - 60.97% )	/	( (1393.623	+	1382.793)	/ 2 )
=	12.2483946	/	1388.208
=	0.88 %

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	))
=	1977.025	-	251.597	-	( 331.805	-	max(0, 480.075	-	860.207	+	331.805	))
=	1393.623

	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	))
=	1868.856	-	193.853	-	( 292.21	-	max(0, 450.821	-	812.168	+	292.21	))
=	1382.793

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:

Salvatore Ferragamo 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 )
=	60.124	/	( ( (891.276 + max(234.772, 0))	+	(842.314 + max(280.022, 0)) )	/	2 )
=	60.124	/	( ( 1126.048	+	1122.336 )	/	2 )
=	60.124	/	1124.192
=	5.35 %

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)
=	(116.49	+	325.349	+	60.829)	-	(251.597	+	0	+	16.299)
=	234.772

	Working Capital		(Q: Jun. 2024 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(98.545	+	337.717	+	54.679)	-	(193.853	+	0	+	17.066)
=	280.022

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:

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

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Jun. 2024 )
	=	56.312	/	1729.200
	=	3.26 %

Salvatore Ferragamo SpA EBIT Related Terms

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

Salvatore Ferragamo SpA Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Salvatore Ferragamo SpA (OTCPK:SFRGY) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

SFRGF:USA SFER:Italy SFERm:UK 0P52:UK S9L:Germany SFER:Austria

Address

Via dei Tornabuoni 2, Firenze, ITA, 50123

Website

http://www.ferragamo.com

Founded in 1927, Salvatore Ferragamo is an Italian monobrand company mainly known for its footwear and accessories. The company generates about 45% of revenue in the fragmented footwear category, 40% in leather goods, 6% in apparel, and 7% in accessories. It was one of the pioneers in establishing a presence in Asia, where it generates 32% of sales and other emerging markets (8% of sales in Central and South America). Ferragamo generates 24% of revenue in Europe, 28% in the US, and 8% in Japan.