Soiltech ASA (STU:6YA) EBIT : €1.46 Mil (TTM As of Sep. 2024)

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What is Soiltech ASA EBIT?

Soiltech ASA's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2024 was €-0.53 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2024 was €1.46 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Soiltech ASA's annualized ROC % for the quarter that ended in Sep. 2024 was 7.28%. Soiltech ASA's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was -7.49%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Soiltech ASA's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 3.30%.

Soiltech ASA EBIT Historical Data

The historical data trend for Soiltech ASA'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.

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Soiltech ASA EBIT Chart

Soiltech ASA Annual Data

Trend

Dec21

Dec22

Dec23

EBIT

2.20

3.48

Soiltech ASA Quarterly Data
	Dec22	Jun23	Sep23	Dec23	Jun24	Sep24
EBIT	Get a 7-Day Free Trial			0.83	0.90	1.43	0.56	-0.53

Competitive Comparison of Soiltech ASA's EBIT

For the Waste Management subindustry, Soiltech ASA'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.

Soiltech ASA's EV-to-EBIT Distribution in the Waste Management Industry

For the Waste Management industry and Industrials sector, Soiltech ASA's EV-to-EBIT distribution charts can be found below:

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

Soiltech ASA 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 quarterly data reported by the company within the most recent 12 months, which was €1.46 Mil.

Soiltech ASA (STU:6YA) EBIT Explanation

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

Soiltech ASA'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: Jun. 2024 )	+	Invested Capital (Q: Sep. 2024 ))	/ count )
=	2.468 * ( 1 - 6.45% )	/	( (32.466	+	31.005)	/ 2 )
=	2.308814	/	31.7355
=	7.28 %

where

	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	))
=	36.048	-	1.774	-	( 2.23	-	max(0, 6.95	-	8.758	+	2.23	))
=	32.466

	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	))
=	34.634	-	0.802	-	( 2.876	-	max(0, 5.457	-	8.284	+	2.876	))
=	31.005

Note: The Operating Income data used here is four times the quarterly (Sep. 2024) data.

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

Soiltech ASA'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: Jun. 2024		Q: Sep. 2024
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	-2.124	/	( ( (26.106 + max(2.726, 0))	+	(25.201 + max(2.708, 0)) )	/	2 )
=	-2.124	/	( ( 28.832	+	27.909 )	/	2 )
=	-2.124	/	28.3705
=	-7.49 %

where Working Capital is:

	Working Capital		(Q: Jun. 2024 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(4.968	+	0.014	+	1.546)	-	(1.774	+	0	+	2.028)
=	2.726

	Working Capital		(Q: Sep. 2024 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(4.309	+	0.013	+	1.086)	-	(0.802	+	0	+	1.898)
=	2.708

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Sep. 2024) EBIT data.

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

Soiltech ASA's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Sep. 2024 )
	=	1.459	/	44.235
	=	3.30 %

Soiltech ASA EBIT Related Terms

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Soiltech ASA Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Waste Management » Soiltech ASA (STU:6YA) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

STECH:Norway

Address

Koppholen 25, Sandnes, NOR, 4313

Website

https://www.soiltech.no

Soiltech ASA is specializing in the treatment, recycling, and responsible handling of contaminated water and solid industrial waste streams at the site. Its services are Slop treatment, Water treatment, Cutting handling, Cutting treatment, Swarf treatment, Cleaning services, and Other services.

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