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Cherry SE (XTER:C3RY) EBIT : €-125.7 Mil (TTM As of Sep. 2024)


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What is Cherry SE EBIT?

Cherry SE's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2024 was €-6.0 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2024 was €-125.7 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Cherry SE's annualized ROC % for the quarter that ended in Sep. 2024 was -15.30%. Cherry SE's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was -32.22%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Cherry SE's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was -494.66%.

Cherry SE EBIT Historical Data

The historical data trend for Cherry SE'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.

Cherry SE EBIT Chart

Cherry SE Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
EBIT
- -6.26 27.62 -36.48 -130.41

Cherry SE Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 -8.31 -116.40 -2.11 -1.21 -5.99

Competitive Comparison of Cherry SE's EBIT

For the Computer Hardware subindustry, Cherry SE'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.

Cherry SE's EV-to-EBIT Distribution in the Hardware Industry

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

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


Cherry SE 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. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €-125.7 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.

Cherry SE  (XTER:C3RY) EBIT Explanation

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

Cherry SE's annualized ROC % for the quarter that ended in Sep. 2024 is calculated as:

ROC % (Q: Sep. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jun. 2024 ) + Invested Capital (Q: Sep. 2024 ))/ count )
=-23.976 * ( 1 - -8.65% )/( (172.17 + 168.436)/ 2 )
=-26.049924/170.303
=-15.30 %

where

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))
=206.036 - 18.046 - ( 15.82 - max(0, 37.831 - 108.325+15.82))
=172.17

Invested Capital(Q: Sep. 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))
=198.478 - 21.685 - ( 8.357 - max(0, 38.135 - 100.735+8.357))
=168.436

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

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

Cherry SE's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Sep. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2024  Q: Sep. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-23.976/( ( (14.603 + max(60.082, 0)) + (14.696 + max(59.46, 0)) )/ 2 )
=-23.976/( ( 74.685 + 74.156 )/ 2 )
=-23.976/74.4205
=-32.22 %

where Working Capital is:

Working Capital(Q: Jun. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(31.254 + 58.723 + 2.528) - (18.046 + 0 + 14.377)
=60.082

Working Capital(Q: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(26.123 + 61.876 + 4.379) - (21.685 + 0 + 11.233)
=59.46

When net working capital is negative, 0 is used.

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

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

Cherry SE's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2024 )
=-125.714/25.414
=-494.66 %

* 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.

Cherry SE EBIT Related Terms

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Cherry SE Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Cherry SE (XTER:C3RY) » Definitions » EBIT
Comparable Companies
FRA:HYI FRA:TUR ANET DELL SZSE:002415 HPQ TSE:7751 TPE:2382 SHSE:688041 NTAP STX HKSE:00992 WDC SMCI XSWX:LOGN PSTG TPE:2395 TPE:6669 TPE:3231 TPE:2357
Traded in Other Exchanges
C3RY:Germany C3RY:Germany C3RY:Germany
Address
Cherrystrasse 2, Auerbach, DEU, 91275
Website
https://www.cherry.de
Cherry SE is a manufacturer of high-end mechanical keyboard switches and computer input devices such as keyboards, mice, microphones, and headsets for gaming and e-sports and (hybrid) office workstation applications as well as industrial applications and the healthcare sector. The product offerings of the company include USB-A / USB-C Adapters, Mice, Accessories, and other products.
Executives
Dr. Udo Streller Board of Directors
Marcel Stolk Supervisory Board
Oliver Kaltner Board of Directors
Joachim Coers Supervisory Board

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