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Motor Oil (Hellas) Corinth Refineries (STU:MHZ) EBIT : €809 Mil (TTM As of Sep. 2024)


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What is Motor Oil (Hellas) Corinth Refineries EBIT?

Motor Oil (Hellas) Corinth Refineries's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2024 was €127 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2024 was €809 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Motor Oil (Hellas) Corinth Refineries's annualized ROC % for the quarter that ended in Sep. 2024 was -9.77%. Motor Oil (Hellas) Corinth Refineries's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 14.91%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Motor Oil (Hellas) Corinth Refineries's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 20.07%.


Motor Oil (Hellas) Corinth Refineries EBIT Historical Data

The historical data trend for Motor Oil (Hellas) Corinth Refineries'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.

Motor Oil (Hellas) Corinth Refineries EBIT Chart

Motor Oil (Hellas) Corinth Refineries 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 345.24 -89.18 323.48 1,619.21 1,160.81

Motor Oil (Hellas) Corinth Refineries Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 596.97 150.59 281.36 249.93 126.63

Competitive Comparison of Motor Oil (Hellas) Corinth Refineries's EBIT

For the Oil & Gas Refining & Marketing subindustry, Motor Oil (Hellas) Corinth Refineries'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.


Motor Oil (Hellas) Corinth Refineries's EV-to-EBIT Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Motor Oil (Hellas) Corinth Refineries's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Motor Oil (Hellas) Corinth Refineries's EV-to-EBIT falls into.



Motor Oil (Hellas) Corinth Refineries 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 €809 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.


Motor Oil (Hellas) Corinth Refineries  (STU:MHZ) EBIT Explanation

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

Motor Oil (Hellas) Corinth Refineries'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 )
=247.952 * ( 1 - 294.74% )/( (4878.291 + 5003.365)/ 2 )
=-482.8617248/4940.828
=-9.77 %

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))
=7684.489 - 1548.684 - ( 1257.514 - max(0, 1841.626 - 3436.167+1257.514))
=4878.291

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))
=7310.102 - 1313.602 - ( 993.135 - max(0, 1621.618 - 3083.321+993.135))
=5003.365

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

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

Motor Oil (Hellas) Corinth Refineries'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 )
=506.52/( ( (2739.804 + max(582.406, 0)) + (2756.721 + max(717.435, 0)) )/ 2 )
=506.52/( ( 3322.21 + 3474.156 )/ 2 )
=506.52/3398.183
=14.91 %

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)
=(1076.263 + 1062.943 + 39.447) - (1548.684 + 0 + 47.563)
=582.406

Working Capital(Q: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(950.016 + 1096.588 + 43.582) - (1313.602 + 0 + 59.149)
=717.435

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:

Motor Oil (Hellas) Corinth Refineries's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2024 )
=808.519/4027.540
=20.07 %

* 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.


Motor Oil (Hellas) Corinth Refineries EBIT Related Terms

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Motor Oil (Hellas) Corinth Refineries Business Description

Traded in Other Exchanges
Address
12A, Irodou Attikou Street, Maroussi, GRC, 151 24
Motor Oil (Hellas) Corinth Refineries SA plays a role in the sectors of crude oil refining and marketing of petroleum products in Greece as well as the eastern Mediterranean region, supplying its customers with a wide range of quality products. The refinery with its ancillary plants and fuel distribution facilities forms the privately-owned industrial complex in Greece and its considered one of the modern refineries in Europe. It serves petroleum marketing companies in Greece and internationally. The Group is active in four main operating business segments: Refining Activity, Fuels Marketing Activity, Power and Gas and Other. Its derives maximum revenue from Refining Activity.

Motor Oil (Hellas) Corinth Refineries Headlines

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