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Technicolor Creative Studios (STU:Z6M0) EBIT : €32.0 Mil (TTM As of Jun. 2023)


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What is Technicolor Creative Studios EBIT?

Technicolor Creative Studios's earnings before interest and taxes (EBIT) for the six months ended in Jun. 2023 was €68.0 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2023 was €32.0 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Technicolor Creative Studios's annualized ROC % for the quarter that ended in Jun. 2023 was -7.12%. Technicolor Creative Studios's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2023 was 72.34%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Technicolor Creative Studios's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2023 was 4.91%.

Technicolor Creative Studios EBIT Historical Data

The historical data trend for Technicolor Creative Studios'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.

Technicolor Creative Studios EBIT Chart

Technicolor Creative Studios Annual Data
Trend Dec19 Dec20 Dec21 Dec22
EBIT
12.00 -92.00 30.00 -7.00

Technicolor Creative Studios Semi-Annual Data
Dec19 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
EBIT Get a 7-Day Free Trial -1.00 31.00 29.00 -36.00 68.00

Competitive Comparison of Technicolor Creative Studios's EBIT

For the Entertainment subindustry, Technicolor Creative Studios'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.

Technicolor Creative Studios's EV-to-EBIT Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Technicolor Creative Studios's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Technicolor Creative Studios's EV-to-EBIT falls into.


Technicolor Creative Studios 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. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was €32.0 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.

Technicolor Creative Studios  (STU:Z6M0) EBIT Explanation

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

Technicolor Creative Studios's annualized ROC % for the quarter that ended in Jun. 2023 is calculated as:

ROC % (Q: Jun. 2023 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2022 ) + Invested Capital (Q: Jun. 2023 ))/ count )
=-70 * ( 1 - 30% )/( (736 + 641)/ 2 )
=-49/688.5
=-7.12 %

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))
=744 - 85 - ( 38 - max(0, 318 - 241+38))
=736

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))
=707 - 58 - ( 59 - max(0, 212 - 220+59))
=641

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

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

Technicolor Creative Studios's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2023 is calculated as:

ROC (Joel Greenblatt) %(Q: Jun. 2023 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2022  Q: Jun. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=136/( ( (193 + max(-98, 0)) + (183 + max(-62, 0)) )/ 2 )
=136/( ( 193 + 183 )/ 2 )
=136/188
=72.34 %

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)
=(99 + 0 + 40) - (85 + 0 + 152)
=-98

Working Capital(Q: Jun. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(65 + 0 + 47) - (58 + 0 + 116)
=-62

When net working capital is negative, 0 is used.

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

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

Technicolor Creative Studios's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jun. 2023 )
=32/652.227
=4.91 %

* 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.

Technicolor Creative Studios EBIT Related Terms

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Technicolor Creative Studios Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Technicolor Creative Studios (STU:Z6M0) » Definitions » EBIT
Comparable Companies
XPAR:VANTI XPAR:ALECP XPAR:XIL NFLX DIS XAMS:UMG WBD LYV SIRI WMG XPAR:BOL FWONA FOXA NWSA XPAR:VIV ROKU PARA EDR XKRX:352820 TKO
Traded in Other Exchanges
N/A
Address
8-10 rue du Renard, Paris, FRA, 75004
Website
https://www.technicolorcreative.com
Technicolor Creative Studios is an independent provider of creative visual arts services. The group specializes in VFX and through its award-winning teams of artists and technologists partners with the creative community across Feature Film, Episodic, Animation, Brand Experience & Advertising, and Gaming to bring the universal art of visual storytelling to audiences everywhere.

Technicolor Creative Studios Headlines

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