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Cortina Holdings (SGX:C41) EBIT : S$92.7 Mil (TTM As of Sep. 2024)


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What is Cortina Holdings EBIT?

Cortina Holdings's earnings before interest and taxes (EBIT) for the six months ended in Sep. 2024 was S$45.4 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2024 was S$92.7 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Cortina Holdings's annualized ROC % for the quarter that ended in Sep. 2024 was 19.60%. Cortina Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 24.56%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Cortina Holdings's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 18.37%.


Cortina Holdings EBIT Historical Data

The historical data trend for Cortina Holdings'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.

Cortina Holdings EBIT Chart

Cortina Holdings Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 55.33 56.24 96.13 110.49 95.95

Cortina Holdings Semi-Annual Data
Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24
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 54.73 55.76 48.69 47.26 45.41

Competitive Comparison of Cortina Holdings's EBIT

For the Luxury Goods subindustry, Cortina Holdings'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.


Cortina Holdings's EV-to-EBIT Distribution in the Retail - Cyclical Industry

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

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



Cortina Holdings 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 Sep. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was S$92.7 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.


Cortina Holdings  (SGX:C41) EBIT Explanation

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

Cortina Holdings's annualized ROC % for the quarter that ended in Sep. 2024 is calculated as:

ROC % (Q: Sep. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Mar. 2024 ) + Invested Capital (Q: Sep. 2024 ))/ count )
=130.786 * ( 1 - 26.81% )/( (453.558 + 523.185)/ 2 )
=95.7222734/488.3715
=19.60 %

where

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))
=702.253 - 132.654 - ( 116.041 - max(0, 210.487 - 457.383+116.041))
=453.558

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))
=707.23 - 104.628 - ( 79.417 - max(0, 200.917 - 465.457+79.417))
=523.185

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

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

Cortina Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Sep. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Mar. 2024  Q: Sep. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=90.81/( ( (165.179 + max(195.025, 0)) + (158.651 + max(220.729, 0)) )/ 2 )
=90.81/( ( 360.204 + 379.38 )/ 2 )
=90.81/369.792
=24.56 %

where Working Capital is:

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(17.852 + 308.712 + 12.564) - (132.654 + 0 + 11.449)
=195.025

Working Capital(Q: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(22.48 + 355.514 + 8.0459999999999) - (104.628 + 0 + 60.683)
=220.729

When net working capital is negative, 0 is used.

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

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2024 )
=92.665/504.510
=18.37 %

* 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.


Cortina Holdings EBIT Related Terms

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Cortina Holdings Business Description

Traded in Other Exchanges
N/A
Address
391B Orchard Road, No. 18-01 Ngee Ann City Tower B, Singapore, SGP, 238874
Cortina Holdings Ltd is engaged in the retail and distribution of luxury watches. It operates in two segments, namely Retail and Wholesale. The retail segment, which derives the majority of revenue, involves in retailing of the timepiece, branded pens, and accessories. The wholesale segment is involved in the wholesale of timepieces and luxury branded accessories. Its brands include brands, such as Rolex, Patek Philippe, Cartier, Chopard, H. Moser & Cie, Parmigiani Fleurier, Omega, and more.

Cortina Holdings Headlines

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