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Technoprobe SpA (STU:K8B) EBIT : €83.1 Mil (TTM As of Jun. 2024)


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What is Technoprobe SpA EBIT?

Technoprobe SpA's earnings before interest and taxes (EBIT) for the six months ended in Jun. 2024 was €43.4 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2024 was €83.1 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Technoprobe SpA's annualized ROC % for the quarter that ended in Jun. 2024 was 7.74%. Technoprobe SpA's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was 18.98%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Technoprobe SpA's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was 2.72%.


Technoprobe SpA EBIT Historical Data

The historical data trend for Technoprobe SpA'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.

Technoprobe SpA EBIT Chart

Technoprobe SpA Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
EBIT
78.10 129.77 152.62 207.44 85.54

Technoprobe SpA Semi-Annual Data
Dec19 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
EBIT Get a 7-Day Free Trial Premium Member Only 91.47 115.97 45.87 39.66 43.45

Competitive Comparison of Technoprobe SpA's EBIT

For the Semiconductors subindustry, Technoprobe SpA'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.


Technoprobe SpA's EV-to-EBIT Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Technoprobe SpA's EV-to-EBIT distribution charts can be found below:

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



Technoprobe SpA 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 €83.1 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.


Technoprobe SpA  (STU:K8B) EBIT Explanation

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

Technoprobe SpA'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 )
=68.294 * ( 1 - 35.01% )/( (496.799 + 649.354)/ 2 )
=44.3842706/573.0765
=7.74 %

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))
=1368.225 - 51.873 - ( 666.998 - max(0, 97.761 - 972.218+666.998))
=649.354

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:

Technoprobe SpA'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 )
=86.89/( ( (252.278 + max(171.501, 0)) + (280.075 + max(211.521, 0)) )/ 2 )
=86.89/( ( 423.779 + 491.596 )/ 2 )
=86.89/457.6875
=18.98 %

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)
=(67.829 + 119.03 + 58.35) - (69.796 + 0 + 3.912)
=171.501

Working Capital(Q: Jun. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(99.218 + 142.53 + 63.472) - (51.873 + 0 + 41.826)
=211.521

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:

Technoprobe SpA's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jun. 2024 )
=83.107/3050.842
=2.72 %

* 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.


Technoprobe SpA EBIT Related Terms

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Technoprobe SpA Business Description

Traded in Other Exchanges
Address
Via Cavalieri di Vittorio Veneto, 2, Cernusco Lombardone, ITA, 23870
Technoprobe SpA operates in the production of electronic circuits, and `mechanical interfaces for electrical contacting of hybrid circuits and semiconductor devices and it is specialized in the design, development and production of probe cards used to test the operation of chips. The company operates in Asia, America, Europe, and Italy and derives a majority of its revenue from Asia.

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