Thessaloniki Water Supply & Sewerage Co (STU:T9W) EBIT : €2.70 Mil (TTM As of Dec. 2023)

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What is Thessaloniki Water Supply & Sewerage Co EBIT?

Thessaloniki Water Supply & Sewerage Co's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2023 was €2.70 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was €2.70 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Thessaloniki Water Supply & Sewerage Co's annualized ROC % for the quarter that ended in Dec. 2023 was 1.18%. Thessaloniki Water Supply & Sewerage Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 3.63%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Thessaloniki Water Supply & Sewerage Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 5.25%.

Thessaloniki Water Supply & Sewerage Co EBIT Historical Data

The historical data trend for Thessaloniki Water Supply & Sewerage Co'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.

Thessaloniki Water Supply & Sewerage Co EBIT Chart

Thessaloniki Water Supply & Sewerage Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

EBIT

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20.68

17.05

15.80

-4.15

2.70

Thessaloniki Water Supply & Sewerage Co Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
EBIT	Get a 7-Day Free Trial															7.56	0.41	-4.56	0.01	2.70

Competitive Comparison of Thessaloniki Water Supply & Sewerage Co's EBIT

For the Utilities - Regulated Water subindustry, Thessaloniki Water Supply & Sewerage Co'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.

Thessaloniki Water Supply & Sewerage Co's EV-to-EBIT Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Thessaloniki Water Supply & Sewerage Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Thessaloniki Water Supply & Sewerage Co's EV-to-EBIT falls into.

Thessaloniki Water Supply & Sewerage Co 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 Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was €2.70 Mil.

Thessaloniki Water Supply & Sewerage Co (STU:T9W) EBIT Explanation

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

Thessaloniki Water Supply & Sewerage Co's annualized ROC % for the quarter that ended in Dec. 2023 is calculated as:

	ROC % (Q: Dec. 2023 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Jun. 2023 )	+	Invested Capital (Q: Dec. 2023 ))	/ count )
=	3.08 * ( 1 - 47.02% )	/	( (137.309	+	138.558)	/ 2 )
=	1.631784	/	137.9335
=	1.18 %

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	))
=	216.644	-	13.685	-	( 65.65	-	max(0, 17.566	-	129.572	+	65.65	))
=	137.309

	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	))
=	220.493	-	16.034	-	( 65.901	-	max(0, 19.389	-	126.716	+	65.901	))
=	138.558

Note: The Operating Income data used here is two times the semi-annual (Dec. 2023) data.

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

Thessaloniki Water Supply & Sewerage Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Dec. 2023 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Jun. 2023		Q: Dec. 2023
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	5.394	/	( ( (80.167 + max(66.85, 0))	+	(85.26 + max(65.138, 0)) )	/	2 )
=	5.394	/	( ( 147.017	+	150.398 )	/	2 )
=	5.394	/	148.7075
=	3.63 %

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)
=	(81.799	+	1.665	+	0.654)	-	(13.685	+	0	+	3.583)
=	66.85

	Working Capital		(Q: Dec. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(82.926	+	1.442	+	0.028000000000006)	-	(16.034	+	0	+	3.224)
=	65.138

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Dec. 2023) EBIT data.

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

Thessaloniki Water Supply & Sewerage Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Dec. 2023 )
	=	2.704	/	51.525
	=	5.25 %

Thessaloniki Water Supply & Sewerage Co EBIT Related Terms

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Thessaloniki Water Supply & Sewerage Co (STU:T9W) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Thessaloniki Water Supply & Sewerage Co SA (STU:T9W) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

EYAPS:Greece T9W:Germany

Address

91 Tsimiski Street, Thessaloniki, GRC, 54635

Website

https://www.eyath.gr

Thessaloniki Water Supply & Sewerage Co SA is engaged in providing water supply and sewerage services. The company also provides telecommunication services and the production and sale of electricity. The operating segments of the company are the provision of water supply services and the provision of sewerage services where a provision of water supply services derives a majority of revenue.

Thessaloniki Water Supply & Sewerage Co (STU:T9W) Headlines

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