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CAE (TSX:CAE) EBIT : C$-215 Mil (TTM As of Sep. 2024)


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What is CAE EBIT?

CAE's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2024 was C$118 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2024 was C$-215 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. CAE's annualized ROC % for the quarter that ended in Sep. 2024 was 4.50%. CAE's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 14.66%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. CAE's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was -1.58%.


CAE EBIT Historical Data

The historical data trend for CAE'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.

CAE EBIT Chart

CAE Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 517.50 31.50 266.60 443.70 -210.20

CAE 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 97.70 121.60 -557.80 103.20 118.10

Competitive Comparison of CAE's EBIT

For the Aerospace & Defense subindustry, CAE'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.


CAE's EV-to-EBIT Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, CAE's EV-to-EBIT distribution charts can be found below:

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



CAE 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 C$-215 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.


CAE  (TSX:CAE) EBIT Explanation

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

CAE'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 )
=505.2 * ( 1 - 15.95% )/( (9341.7 + 9541.4)/ 2 )
=424.6206/9441.55
=4.50 %

where

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

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

CAE'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 )
=472.4/( ( (3192.9 + max(-685.5, 0)) + (3252.7 + max(-719, 0)) )/ 2 )
=472.4/( ( 3192.9 + 3252.7 )/ 2 )
=472.4/3222.8
=14.66 %

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)
=(582.2 + 634.8 + 96.2) - (971.1 + 946.9 + 80.7)
=-685.5

Working Capital(Q: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(577.6 + 633.8 + 95.6) - (984.8 + 978 + 63.2)
=-719

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2024 )
=-214.9/13600.676
=-1.58 %

* 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.


CAE EBIT Related Terms

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CAE Business Description

Traded in Other Exchanges
Address
8585 Cote de Liesse, Saint-Laurent, QC, CAN, H4T 1G6
CAE Inc provides training and aviation services, integrated enterprise solutions, in-service support, and crew-sourcing services. The company operations are managed through two segments: Civil Aviation which offers comprehensive training solutions for flight, cabin, maintenance, and ground personnel in commercial, business, and helicopter aviation, a complete range of flight simulation training devices, ab initio pilot training, and crew sourcing services, as well as aircraft flight operations solutions; and Defense and Security which is a global training and simulation provider delivering scalable, platform-independent solutions that enable and enhance force readiness and security. It generates the majority of its revenue from the Civil Aviation segment.
Executives
Pascal Grenier Senior Officer
Nick Leontidis Senior Officer
Patrick Decostre Director
Marianne Harrison Director
Ayman Antoun Director
Alan Macgibbon Director
Marc Parent Director, Senior Officer
David Perkins Director
Mark Hounsell Senior Officer
Mary Lou Katherine Maher Director
Hélène Violaine Gagnon Senior Officer
Andrew Arnovitz Senior Officer
Dan Sharkey Senior Officer
Sonya Branco Senior Officer
Gennaro Colabatistto Senior Officer