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Mazaro NV (XBRU:MLMAZ) EBIT : €-0.76 Mil (TTM As of Dec. 2023)


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What is Mazaro NV EBIT?

Mazaro NV's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2023 was €-0.76 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was €-0.76 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Mazaro NV's annualized ROC % for the quarter that ended in Dec. 2023 was -0.44%. Mazaro NV's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -48.56%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Mazaro NV's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 0.52%.

Mazaro NV EBIT Historical Data

The historical data trend for Mazaro NV'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.

Mazaro NV EBIT Chart

Mazaro NV Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
EBIT
-0.27 -0.40 0.03 -0.21 -0.76

Mazaro NV Semi-Annual Data
Dec19 Dec20 Dec21 Dec22 Dec23
EBIT -0.27 -0.40 0.03 -0.21 -0.76

Competitive Comparison of Mazaro NV's EBIT

For the Auto Parts subindustry, Mazaro NV'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.

Mazaro NV's EV-to-EBIT Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Mazaro NV's EV-to-EBIT distribution charts can be found below:

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


Mazaro NV 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. 2023 was €-0.76 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.

Mazaro NV  (XBRU:MLMAZ) EBIT Explanation

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

Mazaro NV's annualized ROC % for the quarter that ended in Dec. 2023 is calculated as:

ROC % (Q: Dec. 2023 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2022 ) + Invested Capital (Q: Dec. 2023 ))/ count )
=-0.758 * ( 1 - 2.77% )/( (168.456 + 170.339)/ 2 )
=-0.7370034/169.3975
=-0.44 %

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))
=544.327 - 85.52 - ( 315.444 - max(0, 88.918 - 379.269+315.444))
=168.456

Invested Capital(Q: Dec. 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))
=443.228 - 68.44 - ( 206.262 - max(0, 71.834 - 276.283+206.262))
=170.339

Note: The Operating Income data used here is one times the annual (Dec. 2023) data.

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

Mazaro NV's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 is calculated as:

ROC (Joel Greenblatt) %(Q: Dec. 2023 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2022  Q: Dec. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-0.758/( ( (1.022 + max(-39.985, 0)) + (2.1 + max(-27.334, 0)) )/ 2 )
=-0.758/( ( 1.022 + 2.1 )/ 2 )
=-0.758/1.561
=-48.56 %

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)
=(48.933 + 0 + 0) - (85.52 + 0 + 3.398)
=-39.985

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(44.5 + 0 + 0) - (68.44 + 0 + 3.394)
=-27.334

When net working capital is negative, 0 is used.

Note: The EBIT data used here is one times the annual (Dec. 2023) EBIT data.

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2023 )
=-0.758/-144.498
=0.52 %

* 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.

Mazaro NV EBIT Related Terms

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Mazaro NV Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Mazaro NV (XBRU:MLMAZ) » Definitions » EBIT
Comparable Companies
TSE:6902 TSE:5108 XPAR:ML SHSE:600660 SHSE:601689 GPC XKRX:012330 APTV XTER:CON TSE:5802 XTER:KBX MBLY TSX:MG LKQ NSE:MOTHERSON XTER:HLE SZSE:002920 BOM:500530 TSE:7259 ALSN
Traded in Other Exchanges
N/A
Address
Bommelsrede 42, Destelbergen, BEL, 9070
Website
https://www.mazaro.eu
Mazaro NV is specialized in the design and development of transmissions systems. The group offers reversible variable transmissions for motor vehicles such as passenger cars, trucks, buses, off-road vehicles, forklifts, tractors and single-stage variable transmissions for electric vehicles and industrial powertrains. It designs various transmissions that combine exceptionally high internal efficiency with the ability to keep the internal combustion engine or E-engine on its optimal efficiency curve at all times, providing unparalleled energy, emissions and cost savings while optimizing performance and comfort. The benefits of this technology is impressive in trucks, buses, off-highway vehicles, SUVs, lift trucks and tractors both powered by a combustion engine and electric.

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