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Asetek AS (STU:A31) EBIT : €-0.09 Mil (TTM As of Jun. 2024)


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What is Asetek AS EBIT?

Asetek AS's earnings before interest and taxes (EBIT) for the six months ended in Jun. 2024 was €-2.39 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2024 was €-0.09 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Asetek AS's annualized ROC % for the quarter that ended in Jun. 2024 was -10.93%. Asetek AS's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was -8.73%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Asetek AS's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was -0.19%.


Asetek AS EBIT Historical Data

The historical data trend for Asetek AS'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.

Asetek AS EBIT Chart

Asetek AS 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 1.42 7.84 1.34 -5.46 7.78

Asetek AS 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 -1.70 -3.76 5.52 2.30 -2.39

Competitive Comparison of Asetek AS's EBIT

For the Computer Hardware subindustry, Asetek AS'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.


Asetek AS's EV-to-EBIT Distribution in the Hardware Industry

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

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


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Asetek AS 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 €-0.09 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.


Asetek AS  (STU:A31) EBIT Explanation

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

Asetek AS'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 )
=-4.776 * ( 1 - -101.45% )/( (83.685 + 92.351)/ 2 )
=-9.621252/88.018
=-10.93 %

where

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:

Asetek AS'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 )
=-4.776/( ( (49.424 + max(2.087, 0)) + (54.196 + max(3.727, 0)) )/ 2 )
=-4.776/( ( 51.511 + 57.923 )/ 2 )
=-4.776/54.717
=-8.73 %

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)
=(9.704 + 8.302 + 0.803) - (13.491 + 0 + 3.231)
=2.087

Working Capital(Q: Jun. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(9.664 + 8.181 + 0) - (10.911 + 0 + 3.207)
=3.727

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:

Asetek AS's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jun. 2024 )
=-0.092/47.370
=-0.19 %

* 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.


Asetek AS EBIT Related Terms

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Asetek AS Business Description

Traded in Other Exchanges
Address
Assensvej 2, Aalborg East, Aalborg, DNK, DK-9220
Asetek AS designs develop and market liquid cooling products. It operates in three segments: Liquid Cooling, Data center, and SimSports. The company generates maximum revenue from the Liquid Cooling segment. The Company operates internationally in several geographical areas, principally in Asia, Europe and the Americas. It derives majority of its revenue from Asia region followed by Americas.

Asetek AS Headlines

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