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Value-Holdings AG (STU:VHO) EBIT : €0.61 Mil (TTM As of Dec. 2023)


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What is Value-Holdings AG EBIT?

Value-Holdings AG's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2023 was €0.61 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was €0.61 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Value-Holdings AG's annualized ROC % for the quarter that ended in Dec. 2023 was 3.43%. Value-Holdings AG's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 114.45%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Value-Holdings AG's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 5.08%.

Value-Holdings AG EBIT Historical Data

The historical data trend for Value-Holdings AG'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.

Value-Holdings AG EBIT Chart

Value-Holdings AG 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 0.29 0.35 2.61 0.76 0.61

Value-Holdings AG Semi-Annual Data
Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
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 0.29 0.35 2.61 0.76 0.61

Competitive Comparison of Value-Holdings AG's EBIT

For the Capital Markets subindustry, Value-Holdings AG'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.

Value-Holdings AG's EV-to-EBIT Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Value-Holdings AG's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Value-Holdings AG's EV-to-EBIT falls into.


Value-Holdings AG 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.

For stock reported annually, GuruFocus uses latest annual data as the TTM data. EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was €0.61 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.

Value-Holdings AG  (STU:VHO) EBIT Explanation

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

Value-Holdings AG'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: Dec. 2022 ) + Invested Capital (Q: Dec. 2023 ))/ count )
=0.437 * ( 1 - 0% )/( (12.511 + 12.974)/ 2 )
=0.437/12.7425
=3.43 %

where

Invested Capital(Q: Dec. 2022 )
=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))
=13.259 - 0.079 - ( 0.669 - max(0, 0.079 - 1.433+0.669))
=12.511

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))
=13.485 - 0.041 - ( 0.47 - max(0, 0.041 - 0.794+0.47))
=12.974

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

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

Value-Holdings AG'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: Dec. 2022  Q: Dec. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=0.614/( ( (0.059 + max(0.685, 0)) + (0.046 + max(0.283, 0)) )/ 2 )
=0.614/( ( 0.744 + 0.329 )/ 2 )
=0.614/0.5365
=114.45 %

where Working Capital is:

Working Capital(Q: Dec. 2022 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.609 + 0 + 0.155) - (0.079 + 0 + 0)
=0.685

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.166 + 0 + 0.158) - (0.041 + 0 + 0)
=0.283

When net working capital is negative, 0 is used.

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

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

Value-Holdings AG's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2023 )
=0.614/12.086
=5.08 %

* 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.

Value-Holdings AG EBIT Related Terms

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Value-Holdings AG (STU:VHO) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Value-Holdings AG (STU:VHO) » Definitions » EBIT
Comparable Companies
HAM:SCI XTER:DFTK FRA:SGU MS GS SCHW SHSE:600030 ASX:MQG BSP:BPAC3 SHSE:601066 RJF TW HKSE:03908 SHSE:601688 LPLA SHSE:601211 SHSE:600999 SHSE:600837 SZSE:000776 SZSE:000166
Traded in Other Exchanges
N/A
Address
Donauworther Strasse 3, Gersthofen, DEU, 86368
Website
http://www.value-holdings.de
Value-Holdings AG is a German investment company that acquires shareholdings in listed medium-sized companies. It invests in its own portfolio, as well as managing third-party investment funds. The company along with its subsidiaries also advises institutional investors on investing as per the value-investing strategies. It manages two funds namely Value Holdings Germany Fund and Value Holdings Europe Fund.
Executives
Christoph Papst Supervisory Board

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