SHP Celex a.d (XBLB:CELX-R-A) EBIT: BAM Mil (TTM As of Dec. 2013)


What is SHP Celex a.d EBIT?

SHP Celex a.d XBLB:CELX-R-A EBIT is BAM Mil as of Dec. 2013.

SHP Celex a.d's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2013 was BAM-1.11 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. SHP Celex a.d's annualized ROC % for the quarter that ended in Dec. 2013 was -3.11%. SHP Celex a.d's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2013 was -4.18%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield.

SHP Celex a.d  (XBLB:CELX-R-A) EBIT Explanation

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

SHP Celex a.d's annualized ROC % for the quarter that ended in Dec. 2013 is calculated as:

ROC % (Q: Dec. 2013 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2012 ) + Invested Capital (Q: Dec. 2013 ))/ count )
=-1.03 * ( 1 - 0% )/( (35.263 + 31)/ 2 )
=-1.03/33.1315
=-3.11 %

where

Invested Capital(Q: Dec. 2012 )
=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))
=60.108 - 25.723 - ( 0.522 - max(0, 33.177 - 32.299+0.522))
=35.263

Invested Capital(Q: Dec. 2013 )
=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))
=56.141 - 26.401 - ( 2.858 - max(0, 31.902 - 30.642+2.858))
=31

Note: The Operating Income data used here is one times the annual (Dec. 2013) data.

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

SHP Celex a.d's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2013 is calculated as:

ROC (Joel Greenblatt) %(Q: Dec. 2013 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2012  Q: Dec. 2013
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-1.111/( ( (27.68 + max(-15.778, 0)) + (25.425 + max(-15.653, 0)) )/ 2 )
=-1.111/( ( 27.68 + 25.425 )/ 2 )
=-1.111/26.5525
=-4.18 %

where Working Capital is:

Working Capital(Q: Dec. 2012 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(5.577 + 9.061 + 1.624) - (25.723 + 0 + 6.317)
=-15.778

Working Capital(Q: Dec. 2013 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(5.567 + 7.422 + 2.047) - (26.401 + 0 + 4.288)
=-15.653

When net working capital is negative, 0 is used.

Note: The EBIT data used here is one times the annual (Dec. 2013) EBIT data.

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

SHP Celex a.d's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2013 )
=/13.209
= %

* 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.

SHP Celex a.d EBIT Related Terms

SHP Celex a.d EBIT Historical Data

* Premium members only.

The historical data trend for SHP Celex a.d'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.

SHP Celex a.d EBIT Chart

SHP Celex a.d Annual Data
Trend Dec12 Dec13
EBIT
-3.96 -1.11

SHP Celex a.d Semi-Annual Data
Dec12 Dec13
EBIT -3.96 -1.11

XBLB:CELX-R-A vs RBCL, PNAT, JOEY: EBIT Comparison

For the Household & Personal Products subindustry, SHP Celex a.d'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.

SHP Celex a.d EV-to-EBIT vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, SHP Celex a.d's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where SHP Celex a.d's EV-to-EBIT falls into.


SHP Celex a.d 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. 2013 was BAM 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.

Frequently Asked Questions Learn more about EBIT →
What does a EBIT of BAM Mil mean?
SHP Celex a.d (XBLB:CELX-R-A) has a EBIT of BAM Mil as of Dec. 2013. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on SHP Celex a.d.
Is SHP Celex a.d's EBIT too high?
SHP Celex a.d's current EBIT is BAM Mil.
How does SHP Celex a.d's EBIT compare to RBCL and PNAT?
SHP Celex a.d's EBIT of BAM Mil can be compared against companies in the Consumer Packaged Goods industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBIT for a Consumer Packaged Goods company?
A good EBIT depends on the Consumer Packaged Goods industry context. However, EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EBIT mean?
A high EBIT can signal that a stock is expensive relative to its fundamentals. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on SHP Celex a.d. SHP Celex a.d's current EBIT is BAM Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SHP Celex a.d stock overvalued right now?
SHP Celex a.d (XBLB:CELX-R-A) has a current EBIT of BAM Mil. The current EBIT is BAM Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBIT calculated?
EBIT is calculated from a company's financial statements. For SHP Celex a.d (XBLB:CELX-R-A), the current EBIT is BAM Mil as of Dec. 2013. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

SHP Celex a.d Business Description

Address Veljka Mladjenoviaea bb, Banja Luka, BIH, 78102
SHP Celex a.d. operates in the industry of household and personal products. The company is engaged in manufacturing of hygienic papers in Central and South Eastern Europe. The products of the company include toilet paper, kitchen towels, handkerchiefs, facial tissues, and napkins.