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Iberpapel Gestion (XMAD:IBG) EBIT : €11.5 Mil (TTM As of Mar. 2024)


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What is Iberpapel Gestion EBIT?

Iberpapel Gestion's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was €2.9 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was €11.5 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Iberpapel Gestion's annualized ROC % for the quarter that ended in Mar. 2024 was 4.10%. Iberpapel Gestion's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 6.23%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Iberpapel Gestion's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 11.11%.


Iberpapel Gestion EBIT Historical Data

The historical data trend for Iberpapel Gestion'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.

Iberpapel Gestion EBIT Chart

Iberpapel Gestion Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 29.80 26.73 6.02 9.31 17.85

Iberpapel Gestion Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Mar24
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 21.17 3.55 9.74 -1.15 2.94

Competitive Comparison of Iberpapel Gestion's EBIT

For the Paper & Paper Products subindustry, Iberpapel Gestion'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.


Iberpapel Gestion's EV-to-EBIT Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Iberpapel Gestion's EV-to-EBIT distribution charts can be found below:

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



Iberpapel Gestion 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €11.5 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.


Iberpapel Gestion  (XMAD:IBG) EBIT Explanation

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

Iberpapel Gestion's annualized ROC % for the quarter that ended in Mar. 2024 is calculated as:

ROC % (Q: Mar. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Sep. 2023 ) + Invested Capital (Q: Mar. 2024 ))/ count )
=11.76 * ( 1 - 19.44% )/( (225.274 + 236.775)/ 2 )
=9.473856/231.0245
=4.10 %

where

Invested Capital(Q: Sep. 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))
=385.897 - 32.525 - ( 128.098 - max(0, 44.519 - 194.132+128.098))
=225.274

Invested Capital(Q: Mar. 2024 )
=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))
=399.544 - 35.376 - ( 127.393 - max(0, 50.328 - 193.894+127.393))
=236.775

Note: The Operating Income data used here is four times the quarterly (Mar. 2024) data.

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

Iberpapel Gestion's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Sep. 2023  Q: Mar. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=11.76/( ( (161.54 + max(28.081, 0)) + (165.607 + max(22.486, 0)) )/ 2 )
=11.76/( ( 189.621 + 188.093 )/ 2 )
=11.76/188.857
=6.23 %

where Working Capital is:

Working Capital(Q: Sep. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(33.704 + 32.33 + 0) - (32.525 + 0 + 5.428)
=28.081

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(40.878 + 25.623 + 0) - (35.376 + 0 + 8.639)
=22.486

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2024) EBIT data.

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

Iberpapel Gestion's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=11.533/103.831
=11.11 %

* 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.


Iberpapel Gestion EBIT Related Terms

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Iberpapel Gestion (XMAD:IBG) Business Description

Traded in Other Exchanges
Address
Avda. Sancho El Sabio, 2 - 1, San Sebastian, ESP, 20010
Iberpapel Gestion SA manufactures printing and writing a paper in Spain. The company operates in Forestry Division, Industrial Division, and Commercial Division. The Forestry Division produces cellulose pulp from Eucalyptus trees. The Industrial Division processes the raw materials into finished goods at its Papelera Guipuzcoana de Zicunaga plant which consists of a cellulose plant and a paper mill, and energy section. The Commercial Division markets the products produced at its manufacturing plant. It earns revenue from the sale of printing and writing paper.

Iberpapel Gestion (XMAD:IBG) Headlines

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