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MTL Cannabis (STU:J4E) EBIT : €4.20 Mil (TTM As of Sep. 2023)


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What is MTL Cannabis EBIT?

MTL Cannabis's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2023 was €2.49 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2023 was €4.20 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. MTL Cannabis's annualized ROC % for the quarter that ended in Sep. 2023 was 5.97%. MTL Cannabis's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2023 was 53.57%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. MTL Cannabis's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2023 was 9.12%.

MTL Cannabis EBIT Historical Data

The historical data trend for MTL Cannabis'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.

MTL Cannabis EBIT Chart

MTL Cannabis Annual Data
Trend Mar21 Mar22 Mar23
EBIT
1.39 3.84 -0.60

MTL Cannabis Quarterly Data
Mar21 Mar22 Jun22 Sep22 Mar23 Jun23 Sep23 Dec23
EBIT Get a 7-Day Free Trial -0.04 - 0.43 2.49 1.28

Competitive Comparison of MTL Cannabis's EBIT

For the Tobacco subindustry, MTL Cannabis'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.

MTL Cannabis's EV-to-EBIT Distribution in the Tobacco Products Industry

For the Tobacco Products industry and Consumer Defensive sector, MTL Cannabis's EV-to-EBIT distribution charts can be found below:

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


MTL Cannabis 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. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was €4.20 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.

MTL Cannabis  (STU:J4E) EBIT Explanation

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

MTL Cannabis's annualized ROC % for the quarter that ended in Sep. 2023 is calculated as:

ROC % (Q: Sep. 2023 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jun. 2023 ) + Invested Capital (Q: Sep. 2023 ))/ count )
=2.036 * ( 1 - 5.73% )/( (14.803 + 49.547)/ 2 )
=1.9193372/32.175
=5.97 %

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))
=23.295 - 9.034 - ( 0.672 - max(0, 14.169 - 13.627+0.672))
=14.803

Invested Capital(Q: Sep. 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))
=52.492 - 10.738 - ( 2.256 - max(0, 24.111 - 16.318+2.256))
=49.547

Note: The Operating Income data used here is four times the quarterly (Sep. 2023) data.

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

MTL Cannabis's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2023 is calculated as:

ROC (Joel Greenblatt) %(Q: Sep. 2023 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2023  Q: Sep. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=9.976/( ( (9.669 + max(4.67, 0)) + (19.843 + max(3.06, 0)) )/ 2 )
=9.976/( ( 14.339 + 22.903 )/ 2 )
=9.976/18.621
=53.57 %

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)
=(6.553 + 6.826 + 0.325) - (9.034 + 0 + 0)
=4.67

Working Capital(Q: Sep. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(5.613 + 7.037 + 1.148) - (10.738 + 0 + 3.5527136788005E-15)
=3.06

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Sep. 2023) EBIT data.

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

MTL Cannabis's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2023 )
=4.204/46.097
=9.12 %

* 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.

MTL Cannabis EBIT Related Terms

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MTL Cannabis (STU:J4E) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Tobacco Products » MTL Cannabis Corp (STU:J4E) » Definitions » EBIT
Comparable Companies
XCNQ:HARY XCNQ:TAAT XCNQ:HMBL PM MO LSE:BATS NSE:ITC TSE:2914 LSE:IMB XKRX:033780 ISX:HMSP HKSE:06969 ISX:GGRM DHA:BATBC CAI:EAST XPRA:TABAK VGR BOM:500163 OCSE:STG UVV
Traded in Other Exchanges
J4E:Germany MTLC:Canada
Address
1773 Bayly Street, Pickering, ON, CAN, L1W 2Y7
Website
https://www.mtlcannabis.ca
MTL Cannabis Corp is a flower-first company built for the modern street, MTL Cannabis uses proprietary hydroponic growing methodologies supported by handcrafted techniques to produce products that are truly crafted for the masses. The company focuses on craft quality cannabis products, including lines of dried flower, pre-rolls and hash marketed under the MTL Cannabis, Low Key by MTL and R'belle brands for the Canadian market through nine distribution arrangements with various provincial cannabis distributors. It has also developed a number of export channels for bulk and unbranded GACP quality cannabis.

MTL Cannabis (STU:J4E) Headlines

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