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Terna Energy (STU:44T) EBIT : €154.7 Mil (TTM As of Jun. 2024)


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What is Terna Energy EBIT?

Terna Energy's earnings before interest and taxes (EBIT) for the six months ended in Jun. 2024 was €70.6 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2024 was €154.7 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Terna Energy's annualized ROC % for the quarter that ended in Jun. 2024 was 5.99%. Terna Energy's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was 9.72%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Terna Energy's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was 4.82%.


Terna Energy EBIT Historical Data

The historical data trend for Terna Energy'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.

Terna Energy EBIT Chart

Terna Energy Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 131.67 92.50 124.53 79.70 130.85

Terna Energy 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 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 62.24 17.46 46.76 84.09 70.57

Competitive Comparison of Terna Energy's EBIT

For the Utilities - Renewable subindustry, Terna Energy'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.


Terna Energy's EV-to-EBIT Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Terna Energy's EV-to-EBIT distribution charts can be found below:

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



Terna Energy 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 €154.7 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.


Terna Energy  (STU:44T) EBIT Explanation

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

Terna Energy'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 )
=139.486 * ( 1 - 25.28% )/( (1730.409 + 1747.292)/ 2 )
=104.2239392/1738.8505
=5.99 %

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))
=2078.832 - 92.847 - ( 255.576 - max(0, 231.509 - 530.377+255.576))
=1730.409

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))
=2078.068 - 103.099 - ( 270.151 - max(0, 387.619 - 615.296+270.151))
=1747.292

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:

Terna Energy'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 )
=141.148/( ( (1362.853 + max(100.429, 0)) + (1351.358 + max(89.729, 0)) )/ 2 )
=141.148/( ( 1463.282 + 1441.087 )/ 2 )
=141.148/1452.1845
=9.72 %

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)
=(78.825 + 9.632 + 128.643) - (92.847 + 0 + 23.824)
=100.429

Working Capital(Q: Jun. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(26.521 + 9.872 + 270.248) - (103.099 + 0 + 113.813)
=89.729

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:

Terna Energy's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jun. 2024 )
=154.66/3208.571
=4.82 %

* 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.


Terna Energy EBIT Related Terms

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Terna Energy Business Description

Traded in Other Exchanges
Address
85 Mesogeion Avenue, Athens, GRC, 115 26
Terna Energy SA is a Greece based company mainly engaged in the energy and construction sector. It operates through the following segments: The Construction segment refers to the development of wind farms and other units for electricity production from renewable energy sources; The Electricity from Renewable Sources of Energy segment mainly concerns the production of electricity through wind energy; The Concessions Segment concerns the construction and operation of infrastructure and public sector projects in exchange for the long-term operation of the above projects through the provision of services to the public. The majority is from the Electricity from Renewable Sources of Energy segment. Geographically, the key revenue is from Greece.

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