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PIERER Mobility AG (XSWX:PKTM) EBIT : CHF-113 Mil (TTM As of Jun. 2024)


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What is PIERER Mobility AG EBIT?

PIERER Mobility AG's earnings before interest and taxes (EBIT) for the six months ended in Jun. 2024 was CHF-178 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2024 was CHF-113 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. PIERER Mobility AG's annualized ROC % for the quarter that ended in Jun. 2024 was -12.63%. PIERER Mobility AG's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was -48.18%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. PIERER Mobility AG's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was -10.48%.


PIERER Mobility AG EBIT Historical Data

The historical data trend for PIERER Mobility 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.

PIERER Mobility AG EBIT Chart

PIERER Mobility AG Annual Data
Trend Sep14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 147.18 114.60 212.76 232.13 156.62

PIERER Mobility AG Semi-Annual Data
Sep14 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 99.19 136.68 94.04 65.71 -178.28

Competitive Comparison of PIERER Mobility AG's EBIT

For the Auto Manufacturers subindustry, PIERER Mobility 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.


PIERER Mobility AG's EV-to-EBIT Distribution in the Vehicles & Parts Industry

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

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



PIERER Mobility 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 CHF-113 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.


PIERER Mobility AG  (XSWX:PKTM) EBIT Explanation

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

PIERER Mobility 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 )
=-381.188 * ( 1 - 27.36% )/( (1806.674 + 2577.781)/ 2 )
=-276.8949632/2192.2275
=-12.63 %

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))
=2784.821 - 700.781 - ( 277.366 - max(0, 861.635 - 1526.921+277.366))
=1806.674

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))
=3144.752 - 465.18 - ( 101.791 - max(0, 1264.79 - 1594.12+101.791))
=2577.781

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:

PIERER Mobility 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 )
=-356.558/( ( (456.341 + max(441.044, 0)) + (524.542 + max(58.207, 0)) )/ 2 )
=-356.558/( ( 897.385 + 582.749 )/ 2 )
=-356.558/740.067
=-48.18 %

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)
=(330.832 + 808.456 + 95.443) - (700.781 + 0 + 92.906)
=441.044

Working Capital(Q: Jun. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(334.91 + 901.978 + 86.109) - (465.18 + 0 + 799.61)
=58.207

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jun. 2024 )
=-112.572/1073.946
=-10.48 %

* 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.


PIERER Mobility AG EBIT Related Terms

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PIERER Mobility AG Business Description

Traded in Other Exchanges
Address
Edisonstrasse 1, Wels, AUT, 4600
PIERER Mobility AG is an automotive niche player that includes renowned brands KTM, Husqvarna, GASGAS, and MV Agusta Motorcycles. The reportable segments of the company are; Motorcycles, Bicycles, and Others. The Motorcycles segment which generates the majority of the revenue, comprises the development, production and distribution of motorcycles under the KTM, Husqvarna Motorcycles, and GASGAS brands as well as components of the WP brand. The Bicycles segment's focus is on developing, manufacturing and trading e-bicycles and bicycles under Husqvarna E-Bicycles, GASGAS Bicycles, Liteville, and Johansson brands. Geographically, key revenue for the company is derived from Europe (without Austria), and the rest from North America and Mexico, Austria, and other regions.
Executives
Dipl. Ing. Stefan Pierer Board of Directors
Mag. Friedrich Roithner Board of Directors
Josef Blazicek Supervisory Board

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