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Cascades (TSX:CAS) EBIT : C$111 Mil (TTM As of Dec. 2024)


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What is Cascades EBIT?

Cascades's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2024 was C$21 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2024 was C$111 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Cascades's annualized ROC % for the quarter that ended in Dec. 2024 was 4.02%. Cascades's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2024 was 2.65%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Cascades's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2024 was 3.51%.


Cascades EBIT Historical Data

The historical data trend for Cascades'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.

Cascades EBIT Chart

Cascades Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 307.00 48.00 41.00 58.00 114.00

Cascades Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 -24.00 12.00 38.00 40.00 21.00

Competitive Comparison of Cascades's EBIT

For the Packaging & Containers subindustry, Cascades'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.


Cascades's EV-to-EBIT Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Cascades's EV-to-EBIT distribution charts can be found below:

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



Cascades 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. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$111 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.


Cascades  (TSX:CAS) EBIT Explanation

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

Cascades's annualized ROC % for the quarter that ended in Dec. 2024 is calculated as:

ROC % (Q: Dec. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Sep. 2024 ) + Invested Capital (Q: Dec. 2024 ))/ count )
=312 * ( 1 - 46.15% )/( (4146 + 4222)/ 2 )
=168.012/4184
=4.02 %

where

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

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

Cascades's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Dec. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Sep. 2024  Q: Dec. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=84/( ( (2753 + max(412, 0)) + (2847 + max(319, 0)) )/ 2 )
=84/( ( 3165 + 3166 )/ 2 )
=84/3165.5
=2.65 %

where Working Capital is:

Working Capital(Q: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(495 + 643 + 0) - (682 + 0 + 44)
=412

Working Capital(Q: Dec. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(469 + 685 + 0) - (750 + 0 + 85)
=319

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Dec. 2024) EBIT data.

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2024 )
=111/3162.037
=3.51 %

* 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.


Cascades EBIT Related Terms

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Cascades Business Description

Traded in Other Exchanges
Address
404 Marie-Victorin Boulevard, C.P. 30, Kingsey Falls, QC, CAN, J0A 1B0
Cascades Inc is a paper and packaging company that produces, converts, and sells packaging and tissue products composed predominantly of recycled fibres. Its customer base includes food processing companies, the maintenance industry, accommodations and housing industry, micro-businesses, and boutiques. The products are marketed through brands such as Cascades Fresh, Cascades Protect, Cascades IMGN, Cascades PRO, and Cascades Fluff & Tuff, among others. The company is organized into three main business segments; Containerboard, Specialty Products (which constitutes packaging products), and Tissue Papers. A majority of its revenue is generated from the Containerboard segment. Geographically, the company derives maximum revenue from the United States and the rest from Canada.
Executives
Luc Langevin Senior Officer
Hugues Simon Director, Senior Officer
Alain Lemaire Director, Senior Officer
Robert F. Hall Senior Officer
Allan Hogg Senior Officer
Maryse Fernet Senior Officer
Mélanie Dunn Director
Mario Plourde Director, Senior Officer
Nelson Gentiletti Director
Élise Pelletier Director
Laurent Lemaire 10% Security Holder
Léon Marineau Senior Officer
Hugo D'amours Senior Officer
Dominic Doré Senior Officer
Charles Malo Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6)