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Sever Holding AD (XBUL:SEVH) EBIT : лв2.74 Mil (TTM As of Dec. 2023)


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What is Sever Holding AD EBIT?

Sever Holding AD's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2023 was лв1.98 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was лв2.74 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Sever Holding AD's annualized ROC % for the quarter that ended in Dec. 2023 was 6.85%. Sever Holding AD's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 8.39%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Sever Holding AD's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 3.59%.

Sever Holding AD EBIT Historical Data

The historical data trend for Sever Holding AD'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.

Sever Holding AD EBIT Chart

Sever Holding AD Annual Data
Trend Dec21 Dec22 Dec23
EBIT
1.47 1.36 2.74

Sever Holding AD Semi-Annual Data
Dec21 Jun22 Dec22 Jun23 Dec23
EBIT - 0.84 0.51 0.76 1.98

Competitive Comparison of Sever Holding AD's EBIT

For the Asset Management subindustry, Sever Holding AD'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.

Sever Holding AD's EV-to-EBIT Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Sever Holding AD's EV-to-EBIT distribution charts can be found below:

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


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Sever Holding AD 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. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was лв2.74 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.

Sever Holding AD  (XBUL:SEVH) EBIT Explanation

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

Sever Holding AD'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: Jun. 2023 ) + Invested Capital (Q: Dec. 2023 ))/ count )
=4.242 * ( 1 - 0% )/( (42.201 + 81.734)/ 2 )
=4.242/61.9675
=6.85 %

where

Invested Capital(Q: Jun. 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))
=43.51 - 0.616 - ( 0.693 - max(0, 6.889 - 17.24+0.693))
=42.201

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))
=87.7 - 3.782 - ( 2.184 - max(0, 24.187 - 44.685+2.184))
=81.734

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

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

Sever Holding AD'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: Jun. 2023  Q: Dec. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=3.962/( ( (22.325 + max(7.349, 0)) + (31.641 + max(33.151, 0)) )/ 2 )
=3.962/( ( 29.674 + 64.792 )/ 2 )
=3.962/47.233
=8.39 %

where Working Capital is:

Working Capital(Q: Jun. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(6.431 + 2.028 + 2.595) - (0.616 + 0 + 3.089)
=7.349

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(36.492 + 4.016 + 7.105427357601E-15) - (3.782 + 0 + 3.575)
=33.151

When net working capital is negative, 0 is used.

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

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

Sever Holding AD's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2023 )
=2.739/76.381
=3.59 %

* 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.

Sever Holding AD EBIT Related Terms

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Sever Holding AD Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Sever Holding AD (XBUL:SEVH) » Definitions » EBIT
Comparable Companies
BLK BX KKR TSX:BAM OSTO:INVE A TSX:BN APO AMP LSE:III XSWX:PGHN OSTO:EQT ARES RJF STT XAMS:CVC TROW NTRS PFG TSX:PHYS.U CRBG
Traded in Other Exchanges
N/A
Address
Tsar Asen Street I, No 5, 3rd Floor, Varna, BGR, 9000
Website
http://www.sever-holding.com
Sever Holding AD main activity of the holding is related to the acquisition, management, evaluation and sale of shares and/or shareholdings in Bulgarian and foreign companies.

Sever Holding AD Headlines

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