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Gurit Holding AG (XSWX:GURN) EBIT : CHF14.3 Mil (TTM As of Jun. 2024)


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What is Gurit Holding AG EBIT?

Gurit Holding AG's earnings before interest and taxes (EBIT) for the six months ended in Jun. 2024 was CHF10.8 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2024 was CHF14.3 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Gurit Holding AG's annualized ROC % for the quarter that ended in Jun. 2024 was -0.04%. Gurit Holding AG's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was 17.83%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Gurit Holding AG's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was 11.74%.


Gurit Holding AG EBIT Historical Data

The historical data trend for Gurit Holding AG'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.

Gurit Holding AG EBIT Chart

Gurit Holding AG 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 48.93 62.12 21.66 19.39 17.21

Gurit Holding AG Semi-Annual Data
Dec14 Jun15 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 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 20.50 -1.11 13.74 3.47 10.79

Competitive Comparison of Gurit Holding AG's EBIT

For the Specialty Chemicals subindustry, Gurit Holding AG'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.


Gurit Holding AG's EV-to-EBIT Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Gurit Holding AG's EV-to-EBIT distribution charts can be found below:

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



Gurit Holding AG 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 CHF14.3 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.


Gurit Holding AG  (XSWX:GURN) EBIT Explanation

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

Gurit Holding AG'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 )
=23.092 * ( 1 - 100.38% )/( (195.469 + 209.751)/ 2 )
=-0.087749600000001/202.61
=-0.04 %

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))
=278.071 - 70.084 - ( 12.518 - max(0, 122.834 - 169.733+12.518))
=195.469

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:

Gurit Holding AG'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 )
=21.582/( ( (93.877 + max(26.01, 0)) + (98.293 + max(23.924, 0)) )/ 2 )
=21.582/( ( 119.887 + 122.217 )/ 2 )
=21.582/121.052
=17.83 %

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)
=(67.668 + 64.684 + 0.41) - (70.084 + 0 + 36.668)
=26.01

Working Capital(Q: Jun. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(82.918 + 75.313 + 0.087999999999994) - (91.282 + 0 + 43.113)
=23.924

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jun. 2024 )
=14.259/121.434
=11.74 %

* 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.


Gurit Holding AG EBIT Related Terms

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Gurit Holding AG Business Description

Traded in Other Exchanges
Address
Ebnaterstrasse 79, Wattwil, CHE, CH-9630
Gurit Holding AG and its subsidiaries is engaged in the development and manufacture of composite materials, core kitting services, composite tooling equipment and pultruded structural profiles. The segments of the company are Wind materials, Manufacturing solutions, and Marine and Industrial. The company generates maximum revenue from wind materials. The company's geographical segments are Europe, Asia, the Americas, and the Rest of the world.

Gurit Holding AG Headlines

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