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Emerald Holding (STU:EM7) EBIT : €45.2 Mil (TTM As of Mar. 2024)


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What is Emerald Holding EBIT?

Emerald Holding's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was €24.5 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was €45.2 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Emerald Holding's annualized ROC % for the quarter that ended in Mar. 2024 was 7.52%. Emerald Holding's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 1,055.23%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Emerald Holding's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 3.52%.


Emerald Holding EBIT Historical Data

The historical data trend for Emerald Holding'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.

Emerald Holding EBIT Chart

Emerald Holding 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 -22.23 -551.23 -57.61 172.28 37.05

Emerald Holding Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 16.63 -1.02 0.47 21.27 24.47

Competitive Comparison of Emerald Holding's EBIT

For the Advertising Agencies subindustry, Emerald Holding'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.


Emerald Holding's EV-to-EBIT Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Emerald Holding's EV-to-EBIT distribution charts can be found below:

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



Emerald Holding 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €45.2 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.


Emerald Holding  (STU:EM7) EBIT Explanation

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

Emerald Holding's annualized ROC % for the quarter that ended in Mar. 2024 is calculated as:

ROC % (Q: Mar. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2023 ) + Invested Capital (Q: Mar. 2024 ))/ count )
=85.744 * ( 1 - 24.14% )/( (857.946 + 872.988)/ 2 )
=65.0453984/865.467
=7.52 %

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))
=966.426 - 34.387 - ( 187.251 - max(0, 211.002 - 285.095+187.251))
=857.946

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))
=993.968 - 48.3 - ( 171.856 - max(0, 227.608 - 300.288+171.856))
=872.988

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

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

Emerald Holding's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2023  Q: Mar. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=97.888/( ( (9.445 + max(-105.639, 0)) + (9.108 + max(-91.632, 0)) )/ 2 )
=97.888/( ( 9.445 + 9.108 )/ 2 )
=97.888/9.2765
=1,055.23 %

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)
=(78.128 + 0 + 19.716) - (34.387 + 159.833 + 9.263)
=-105.639

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(113.252 + 0 + 15.18) - (48.3 + 161.276 + 10.488)
=-91.632

When net working capital is negative, 0 is used.

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

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

Emerald Holding's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=45.2/1283.301
=3.52 %

* 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.


Emerald Holding EBIT Related Terms

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Emerald Holding (STU:EM7) Business Description

Traded in Other Exchanges
Address
100 Broadway, 14th Floor, New York, NY, USA, 10005
Emerald Holding Inc is an operator of B2B trade shows in the United States by NSF. It operates trade shows, which serve a large and broad set of global exhibitors and attendees, across multiple attractive, fragmented sectors that represent significant portions of the U.S. economy. The company operates trade shows in several broadly-defined industry sectors namely, Gift, Home and General Merchandise, Sports Design and Construction, Technology, Jewelry, Other Trade Shows, Other Events, and Other Marketing Services amongst other. It operates in three segments: Commerce; Design, Creative, and Technology; and All others.

Emerald Holding (STU:EM7) Headlines

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