GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Toyota Caetano Portugal SA (XLIS:SCT) » Definitions » EBIT

Toyota Caetano Portugal (XLIS:SCT) EBIT : €31.2 Mil (TTM As of Dec. 2023)


View and export this data going back to 1995. Start your Free Trial

What is Toyota Caetano Portugal EBIT?

Toyota Caetano Portugal's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2023 was €16.8 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was €31.2 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Toyota Caetano Portugal's annualized ROC % for the quarter that ended in Dec. 2023 was 5.33%. Toyota Caetano Portugal's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 18.11%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Toyota Caetano Portugal's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 11.12%.


Toyota Caetano Portugal EBIT Historical Data

The historical data trend for Toyota Caetano Portugal'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.

Toyota Caetano Portugal EBIT Chart

Toyota Caetano Portugal Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 18.10 8.12 17.82 23.28 31.25

Toyota Caetano Portugal Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 12.64 11.18 12.11 14.48 16.77

Competitive Comparison of Toyota Caetano Portugal's EBIT

For the Auto Manufacturers subindustry, Toyota Caetano Portugal'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.


Toyota Caetano Portugal's EV-to-EBIT Distribution in the Vehicles & Parts Industry

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

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



Toyota Caetano Portugal 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 €31.2 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.


Toyota Caetano Portugal  (XLIS:SCT) EBIT Explanation

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

Toyota Caetano Portugal'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 )
=26.526 * ( 1 - 35.91% )/( (305.092 + 333.126)/ 2 )
=17.0005134/319.109
=5.33 %

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))
=395.789 - 83.359 - ( 13.009 - max(0, 208.918 - 216.256+13.009))
=305.092

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))
=455.498 - 97.545 - ( 24.827 - max(0, 242.679 - 271.508+24.827))
=333.126

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:

Toyota Caetano Portugal'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 )
=33.542/( ( (110.247 + max(64.023, 0)) + (114.84 + max(81.291, 0)) )/ 2 )
=33.542/( ( 174.27 + 196.131 )/ 2 )
=33.542/185.2005
=18.11 %

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)
=(91.676 + 101.84 + 6.566) - (83.359 + 0 + 52.7)
=64.023

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(86.172 + 147.053 + 9.949) - (97.545 + 0 + 64.338)
=81.291

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:

Toyota Caetano Portugal's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2023 )
=31.249/280.901
=11.12 %

* 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.


Toyota Caetano Portugal EBIT Related Terms

Thank you for viewing the detailed overview of Toyota Caetano Portugal's EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.


Toyota Caetano Portugal (XLIS:SCT) Business Description

Traded in Other Exchanges
N/A
Address
Avenida Vasco da Gama, No. 1410, Vila Nova de Gaia, PRT, 4431-956
Toyota Caetano Portugal SA is a Portugal-based company involved in the automotive industry. The business activity of the group includes the import, assembly, and commercialization of light and heavy vehicles, and the import and sale of industrial equipment. In addition, it also provides technical after-sales services. The company distributes its products under the Toyota and Lexus brand names. Geographically the business presence of the firm is seen across the region of Belgium, African countries, Spain, Germany, the UK, and others.