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Invertec Foods (XSGO:INVERFOODS) EBIT : CLP2,592 Mil (TTM As of Sep. 2023)


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What is Invertec Foods EBIT?

Invertec Foods's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2023 was CLP-929 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2023 was CLP2,592 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Invertec Foods's annualized ROC % for the quarter that ended in Sep. 2023 was -2.54%. Invertec Foods's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2023 was -5.08%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Invertec Foods's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2023 was 8.09%.


Invertec Foods EBIT Historical Data

The historical data trend for Invertec Foods'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.

Invertec Foods EBIT Chart

Invertec Foods 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 4,393.28 2,842.22 2,113.98 2,155.23 3,796.64

Invertec Foods Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 -1,067.43 2,473.58 2,120.90 -1,073.99 -928.60

Competitive Comparison of Invertec Foods's EBIT

For the Farm Products subindustry, Invertec Foods'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.


Invertec Foods's EV-to-EBIT Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Invertec Foods's EV-to-EBIT distribution charts can be found below:

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



Invertec Foods 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 Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was CLP2,592 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.


Invertec Foods  (XSGO:INVERFOODS) EBIT Explanation

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

Invertec Foods's annualized ROC % for the quarter that ended in Sep. 2023 is calculated as:

ROC % (Q: Sep. 2023 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jun. 2023 ) + Invested Capital (Q: Sep. 2023 ))/ count )
=-2626.208 * ( 1 - 25.31% )/( (72930.701 + 81582.951)/ 2 )
=-1961.5147552/77256.826
=-2.54 %

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))
=80838.704 - 6799.502 - ( 1182.348 - max(0, 29508.122 - 30616.623+1182.348))
=72930.701

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))
=85888.627 - 4181.439 - ( 1246.905 - max(0, 28742.293 - 28866.53+1246.905))
=81582.951

Note: The Operating Income data used here is four times the quarterly (Sep. 2023) data.

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

Invertec Foods's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2023 is calculated as:

ROC (Joel Greenblatt) %(Q: Sep. 2023 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2023  Q: Sep. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-3714.416/( ( (49016.456 + max(20395.296, 0)) + (55462.332 + max(21478.504, 0)) )/ 2 )
=-3714.416/( ( 69411.752 + 76940.836 )/ 2 )
=-3714.416/73176.294
=-5.08 %

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)
=(4290.325 + 21236.504 + 1942.486) - (6799.502 + 0 + 274.517)
=20395.296

Working Capital(Q: Sep. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(4009.139 + 19805.385 + 2014.998) - (4181.439 + 0 + 169.579)
=21478.504

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Sep. 2023) EBIT data.

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

Invertec Foods's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2023 )
=2591.893/32042.287
=8.09 %

* 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.


Invertec Foods EBIT Related Terms

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Invertec Foods (XSGO:INVERFOODS) Business Description

Traded in Other Exchanges
N/A
Address
Avenue Kennedy 5682, Vitacura, Santiago, CHL
Invertec Foods SA is engaged in growing and processing fruits and vegetables in Chile. It offers dehydrated vegetables, juices and purees, and frozen fruits and vegetables. The company also provides apple chips and crunch coins, and apple instant purees to the retail industry.

Invertec Foods (XSGO:INVERFOODS) Headlines

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