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Tadiran Group (XTAE:TDRN) EBIT : ₪107 Mil (TTM As of Jun. 2024)


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What is Tadiran Group EBIT?

Tadiran Group's earnings before interest and taxes (EBIT) for the three months ended in Jun. 2024 was ₪13 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2024 was ₪107 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Tadiran Group's annualized ROC % for the quarter that ended in Jun. 2024 was 1.03%. Tadiran Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was 9.61%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Tadiran Group's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was 5.45%.


Tadiran Group EBIT Historical Data

The historical data trend for Tadiran 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.

* Premium members only.

Tadiran Group EBIT Chart

Tadiran Group 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 87.66 135.32 191.94 158.54 160.86

Tadiran Group Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 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 18.64 59.79 13.80 20.20 12.88

Competitive Comparison of Tadiran Group's EBIT

For the Consumer Electronics subindustry, Tadiran 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.


Tadiran Group's EV-to-EBIT Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Tadiran Group's EV-to-EBIT distribution charts can be found below:

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



Tadiran 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 quarterly data reported by the company within the most recent 12 months, which was ₪107 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.


Tadiran Group  (XTAE:TDRN) EBIT Explanation

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

Tadiran 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: Mar. 2024 ) + Invested Capital (Q: Jun. 2024 ))/ count )
=94.452 * ( 1 - 87.93% )/( (1079.772 + 1127.564)/ 2 )
=11.4003564/1103.668
=1.03 %

where

Invested Capital(Q: Mar. 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))
=1607.87 - 499.208 - ( 28.89 - max(0, 616.894 - 972.109+28.89))
=1079.772

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))
=1710.423 - 539.948 - ( 42.911 - max(0, 775.57 - 1106.607+42.911))
=1127.564

Note: The Operating Income data used here is four times the quarterly (Jun. 2024) data.

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

Tadiran 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: Mar. 2024  Q: Jun. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=51.524/( ( (185.398 + max(303.319, 0)) + (187.619 + max(396.469, 0)) )/ 2 )
=51.524/( ( 488.717 + 584.088 )/ 2 )
=51.524/536.4025
=9.61 %

where Working Capital is:

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(437.764 + 383.133 + 15.825) - (499.208 + 0 + 34.195)
=303.319

Working Capital(Q: Jun. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(443.683 + 485.075 + 42.622) - (539.948 + 0 + 34.963)
=396.469

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Jun. 2024) EBIT data.

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jun. 2024 )
=106.669/1958.936
=5.45 %

* 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.


Tadiran Group EBIT Related Terms

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Tadiran Group Business Description

Traded in Other Exchanges
N/A
Address
Rabnitzky 9, Petah Tikva, ISR, 4900615
Tadiran Group Ltd, formerly Tadiran Holdings Ltd focuses on the imports, manufactures, and distribution of air conditioning systems for the residential, commercial and industrial markets under the Tadiran, Amcor, and Toshiba brands. The company also imports, distributes, and markets various home appliances under its brand names Amcor and Crystal. It provides warranty and maintenance services for these products.

Tadiran Group Headlines

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