Tornos Holding AG (XSWX:TOHN) EBIT : CHF13.1 Mil (TTM As of Jun. 2023)

View and export this data going back to 2001. Start your Free Trial

What is Tornos Holding AG EBIT?

Tornos Holding AG's earnings before interest and taxes (EBIT) for the six months ended in Jun. 2023 was CHF6.8 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2023 was CHF13.1 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Tornos Holding AG's annualized ROC % for the quarter that ended in Jun. 2023 was 11.49%. Tornos Holding AG's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2023 was 14.06%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Tornos Holding AG's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2023 was 12.36%.

Tornos Holding AG EBIT Historical Data

The historical data trend for Tornos 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.

Tornos Holding AG EBIT Chart

Tornos Holding AG Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

EBIT

Get a 7-Day Free Trial

15.74

6.54

-29.43

20.69

15.30

Tornos Holding AG Semi-Annual Data
	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
EBIT	Get a 7-Day Free Trial															11.93	8.76	8.97	6.33	6.80

Competitive Comparison of Tornos Holding AG's EBIT

For the Specialty Industrial Machinery subindustry, Tornos 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.

Tornos Holding AG's EV-to-EBIT Distribution in the Industrial Products Industry

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

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

Tornos 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. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was CHF13.1 Mil.

Tornos Holding AG (XSWX:TOHN) EBIT Explanation

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

Tornos Holding AG's annualized ROC % for the quarter that ended in Jun. 2023 is calculated as:

	ROC % (Q: Jun. 2023 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Dec. 2022 )	+	Invested Capital (Q: Jun. 2023 ))	/ count )
=	15.774 * ( 1 - 7.86% )	/	( (119.128	+	133.879)	/ 2 )
=	14.5341636	/	126.5035
=	11.49 %

where

	Invested Capital		(Q: Dec. 2022 )
=	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	))
=	164.355	-	22.524	-	( 22.703	-	max(0, 49.837	-	137.663	+	22.703	))
=	119.128

	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	))
=	166.662	-	18.741	-	( 14.042	-	max(0, 47.944	-	136.003	+	14.042	))
=	133.879

Note: The Operating Income data used here is two times the semi-annual (Jun. 2023) data.

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

Tornos Holding AG's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2023 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Jun. 2023 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Dec. 2022		Q: Jun. 2023
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	13.602	/	( ( (25.449 + max(64.539, 0))	+	(29.316 + max(74.225, 0)) )	/	2 )
=	13.602	/	( ( 89.988	+	103.541 )	/	2 )
=	13.602	/	96.7645
=	14.06 %

where Working Capital is:

	Working Capital		(Q: Dec. 2022 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(21.311	+	88.18	+	4.855)	-	(22.524	+	0	+	27.283)
=	64.539

	Working Capital		(Q: Jun. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(23.404	+	93.744	+	0)	-	(18.741	+	0	+	24.182)
=	74.225

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Jun. 2023) EBIT data.

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

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

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Jun. 2023 )
	=	13.127	/	106.210
	=	12.36 %

Tornos Holding AG EBIT Related Terms

Thank you for viewing the detailed overview of Tornos Holding AG's EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.

Tornos Holding AG (XSWX:TOHN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Tornos Holding AG (XSWX:TOHN) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

N/A

Address

Rue Industrielle 111, P.O. Box 960, Moutier, CHE, CH-2740

Website

https://www.tornos.com

Tornos Holding AG is engaged in the machinery sector. The company develops, manufactures, markets, sells, and provides services of machines and related spare parts. The group primarily offers a wide range of automatic lathes, bar feeders, and software to meet the needs across a wide range of manufacturing applications. Geographically, the business presence of the group are seen in the regions of Switzerland, Other European countries, the Americas, Asia, and the rest of the world. Revenues generated by the firm are derived from sales of machines, spare parts, and service costs.

Tornos Holding AG (XSWX:TOHN) Headlines

No Headlines