Cerinnov Group (XPAR:ALPCV) EBIT : €-0.59 Mil (TTM As of Jun. 2024)

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What is Cerinnov Group EBIT?

Cerinnov Group's earnings before interest and taxes (EBIT) for the six months ended in Jun. 2024 was €-0.84 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2024 was €-0.59 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Cerinnov Group's annualized ROC % for the quarter that ended in Jun. 2024 was -8.13%. Cerinnov Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was -46.51%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Cerinnov Group's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was -7.90%.

Cerinnov Group EBIT Historical Data

The historical data trend for Cerinnov Group'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.

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Cerinnov Group EBIT Chart

Cerinnov Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

EBIT

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-1.78

-4.25

-1.39

-0.11

0.23

Cerinnov Group Semi-Annual Data
	Dec14	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
EBIT	Get a 7-Day Free Trial														-0.62	0.51	-0.02	0.25	-0.84

Competitive Comparison of Cerinnov Group's EBIT

For the Specialty Industrial Machinery subindustry, Cerinnov Group'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.

Cerinnov Group's EV-to-EBIT Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Cerinnov Group's EV-to-EBIT distribution charts can be found below:

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

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Cerinnov Group 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 Jun. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was €-0.59 Mil.

Cerinnov Group (XPAR:ALPCV) EBIT Explanation

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

Cerinnov Group's annualized ROC % for the quarter that ended in Jun. 2024 is calculated as:

	ROC % (Q: Jun. 2024 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Dec. 2023 )	+	Invested Capital (Q: Jun. 2024 ))	/ count )
=	-1.536 * ( 1 - 15.44% )	/	( (17.758	+	14.203)	/ 2 )
=	-1.2988416	/	15.9805
=	-8.13 %

where

	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	))
=	17.884	-	2.049	-	( 1.019	-	max(0, 12.743	-	10.82	+	1.019	))
=	17.758

	Invested Capital		(Q: Jun. 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	))
=	18.111	-	2.654	-	( 1.254	-	max(0, 8.031	-	11.39	+	1.254	))
=	14.203

Note: The Operating Income data used here is two times the semi-annual (Jun. 2024) data.

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

Cerinnov Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Jun. 2024 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Dec. 2023		Q: Jun. 2024
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	-1.67	/	( ( (0.931 + max(3.254, 0))	+	(0.852 + max(2.145, 0)) )	/	2 )
=	-1.67	/	( ( 4.185	+	2.997 )	/	2 )
=	-1.67	/	3.591
=	-46.51 %

where Working Capital is:

	Working Capital		(Q: Dec. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(6.322	+	2.545	+	0.748)	-	(2.049	+	0	+	4.312)
=	3.254

	Working Capital		(Q: Jun. 2024 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(5.974	+	2.893	+	0.979)	-	(2.654	+	0	+	5.047)
=	2.145

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Jun. 2024) EBIT data.

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

Cerinnov Group's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Jun. 2024 )
	=	-0.586	/	7.416
	=	-7.90 %

Cerinnov Group EBIT Related Terms

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Cerinnov Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Cerinnov Group SA (XPAR:ALPCV) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

N/A

Address

2 rue Columbia, Parc d'Ester, Limoges, FRA, 87068

Website

http://www.cerinnov.com

Cerinnov Group SA is engaged in the manufacturing of production equipment. The company's products include shaping machines, laser machine, decoration machine, customized equipment.

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