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Power Financial (TSX:PWF.PR.I.PFD) EBIT : C$4,040.00 Mil (TTM As of Sep. 2020)


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What is Power Financial EBIT?

Power Financial's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2020 was C$1,057.00 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2020 was C$4,040.00 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Power Financial's annualized ROC % for the quarter that ended in Sep. 2020 was 0.82%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Power Financial's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2020 was 67.64%.


Power Financial EBIT Historical Data

The historical data trend for Power Financial'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.

Power Financial EBIT Chart

Power Financial Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4,846.00 4,346.00 3,794.00 4,513.00 4,186.00

Power Financial Quarterly Data
Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20
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 1,191.00 938.00 691.00 1,354.00 1,057.00

Competitive Comparison of Power Financial's EBIT

For the Insurance - Life subindustry, Power Financial'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.


Power Financial's EV-to-EBIT Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Power Financial's EV-to-EBIT distribution charts can be found below:

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



Power Financial 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. 2020 adds up the quarterly data reported by the company within the most recent 12 months, which was C$4,040.00 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.


Power Financial  (TSX:PWF.PR.I.PFD) EBIT Explanation

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

Power Financial's annualized ROC % for the quarter that ended in Sep. 2020 is calculated as:

ROC % (Q: Sep. 2020 )
=NOPAT/Average Invested Capital
=EBIT * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jun. 2020 ) + Invested Capital (Q: Sep. 2020 ))/ count )
=4228 * ( 1 - 6.85% )/( (472805.3 + 488904.75)/ 2 )
=3938.382/480855.025
=0.82 %

where

Invested Capital(Q: Jun. 2020 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Balance Sheet Cash And Cash Equivalents - 5% * Revenue )
=479013 - 0 - ( 7230 - 5% * 20446 )
=472805.3

Invested Capital(Q: Sep. 2020 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Balance Sheet Cash And Cash Equivalents - 5% * Revenue )
=495355 - 0 - ( 7176 - 5% * 14515 )
=488904.75

Note: The EBIT data used here is four times the quarterly (Sep. 2020) data.

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

ROC (Joel Greenblatt) % does not apply to banks and insurance companies.

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2020 )
=4040/5973.000
=67.64 %

* 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.


Power Financial EBIT Related Terms

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Power Financial Business Description

Address
751 Victoria Square, Montreal, QC, CAN, H2Y 2J3
Power Financial Corp, a subsidiary of Power Corporation of Canada, is a diversified management and holding company with interests in the financial services industry through its controlling interests in Great-West Life and IGM Financial. It also has holdings in Pargesa, a diversified industrial group based in Europe. Its segments include Lifeco IGM Financial and the GBL. The company's portfolio includes insurance, retirement, wealth management, and investment businesses, as well as a range of alternative asset investment platforms.

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