MGI Digital Graphic Technology (STU:2EI) EBIT : €9.85 Mil (TTM As of Dec. 2023)

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What is MGI Digital Graphic Technology EBIT?

MGI Digital Graphic Technology's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2023 was €7.05 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was €9.85 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. MGI Digital Graphic Technology's annualized ROC % for the quarter that ended in Dec. 2023 was 8.49%. MGI Digital Graphic Technology's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 19.32%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. MGI Digital Graphic Technology's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 8.55%.

MGI Digital Graphic Technology EBIT Historical Data

The historical data trend for MGI Digital Graphic Technology'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.

MGI Digital Graphic Technology EBIT Chart

MGI Digital Graphic Technology Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

EBIT

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20.48

6.82

7.87

8.36

9.85

MGI Digital Graphic Technology Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
EBIT	Get a 7-Day Free Trial															4.96	3.94	4.42	2.80	7.05

Competitive Comparison of MGI Digital Graphic Technology's EBIT

For the Computer Hardware subindustry, MGI Digital Graphic Technology'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.

MGI Digital Graphic Technology's EV-to-EBIT Distribution in the Hardware Industry

For the Hardware industry and Technology sector, MGI Digital Graphic Technology's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where MGI Digital Graphic Technology's EV-to-EBIT falls into.

MGI Digital Graphic Technology 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 Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was €9.85 Mil.

MGI Digital Graphic Technology (STU:2EI) EBIT Explanation

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

MGI Digital Graphic Technology's annualized ROC % for the quarter that ended in Dec. 2023 is calculated as:

	ROC % (Q: Dec. 2023 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Jun. 2023 )	+	Invested Capital (Q: Dec. 2023 ))	/ count )
=	14.098 * ( 1 - 36.22% )	/	( (104.646	+	107.181)	/ 2 )
=	8.9917044	/	105.9135
=	8.49 %

where

	Invested Capital		(Q: Jun. 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	))
=	142.09	-	10.44	-	( 27.004	-	max(0, 10.44	-	71.756	+	27.004	))
=	104.646

	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	))
=	147.465	-	9.173	-	( 31.111	-	max(0, 10.671	-	74.612	+	31.111	))
=	107.181

Note: The Operating Income data used here is two times the semi-annual (Dec. 2023) data.

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

MGI Digital Graphic Technology's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Dec. 2023 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Jun. 2023		Q: Dec. 2023
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	14.098	/	( ( (41.792 + max(30.448, 0))	+	(40.923 + max(32.811, 0)) )	/	2 )
=	14.098	/	( ( 72.24	+	73.734 )	/	2 )
=	14.098	/	72.987
=	19.32 %

where Working Capital is:

	Working Capital		(Q: Jun. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(5.121	+	33.529	+	0.514)	-	(10.44	+	0	+	-1.724)
=	30.448

	Working Capital		(Q: Dec. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(5.342	+	33.946	+	4.194)	-	(9.173	+	0	+	1.498)
=	32.811

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Dec. 2023) EBIT data.

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

MGI Digital Graphic Technology's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Dec. 2023 )
	=	9.846	/	115.179
	=	8.55 %

MGI Digital Graphic Technology EBIT Related Terms

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MGI Digital Graphic Technology (STU:2EI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » MGI Digital Graphic Technology SA (STU:2EI) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

ALMDG:France 2EI:Germany

Address

4, rue de la Meridienn, Fresnes, FRA, 94260

Website

http://www.mgi-fr.com

MGI Digital Graphic Technology SA is a France-based company engaged in designing, manufacturing, and selling digital printing and finishing equipment for the graphics industry. The company offers digital printing and finishing equipment in the areas of inkjet technology, digital printing, spot UV coating, embossed hot foiling, adhesive labels, digital finishing, plastic card production, envelope solutions, and turnkey paper solutions.

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