Neon Equity AG (XTER:D77) EBIT : € Mil (TTM As of Dec. 2023)

View and export this data going back to 2023. Start your Free Trial

What is Neon Equity AG EBIT?

Neon Equity AG's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2023 was €20.09 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Neon Equity AG's annualized ROC % for the quarter that ended in Dec. 2023 was 7.23%. Neon Equity AG's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 96.79%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield.

Neon Equity AG EBIT Historical Data

The historical data trend for Neon Equity 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.

Neon Equity AG EBIT Chart

Neon Equity AG Annual Data

Trend

Dec22

Dec23

EBIT

12.88

20.09

Neon Equity AG Semi-Annual Data
	Dec22	Dec23
EBIT	12.88	20.09

Competitive Comparison of Neon Equity AG's EBIT

For the Asset Management subindustry, Neon Equity 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.

Neon Equity AG's EV-to-EBIT Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Neon Equity AG's EV-to-EBIT distribution charts can be found below:

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

Neon Equity 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.

For stock reported annually, GuruFocus uses latest annual data as the TTM data. EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was € Mil.

Neon Equity AG (XTER:D77) EBIT Explanation

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

Neon Equity AG's annualized ROC % for the quarter that ended in Dec. 2023 is calculated as:

	ROC % (Q: Dec. 2023 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Dec. 2022 )	+	Invested Capital (Q: Dec. 2023 ))	/ count )
=	19.82 * ( 1 - 2.72% )	/	( (245.515	+	287.517)	/ 2 )
=	19.280896	/	266.516
=	7.23 %

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	))
=	248.288	-	0.214	-	( 2.559	-	max(0, 1.24	-	33.579	+	2.559	))
=	245.515

	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	))
=	289.836	-	0.12	-	( 2.199	-	max(0, 23.046	-	34.356	+	2.199	))
=	287.517

Note: The Operating Income data used here is one times the annual (Dec. 2023) data.

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

Neon Equity AG's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Dec. 2023 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Dec. 2022		Q: Dec. 2023
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	20.085	/	( ( (0.32 + max(29.78, 0))	+	(0.234 + max(11.17, 0)) )	/	2 )
=	20.085	/	( ( 30.1	+	11.404 )	/	2 )
=	20.085	/	20.752
=	96.79 %

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)
=	(0.122	+	0	+	30.898)	-	(0.214	+	0	+	1.026)
=	29.78

	Working Capital		(Q: Dec. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0.021	+	0	+	28.486)	-	(0.12	+	0	+	17.217)
=	11.17

When net working capital is negative, 0 is used.

Note: The EBIT data used here is one times the annual (Dec. 2023) EBIT data.

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

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

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Dec. 2023 )
	=		/	86.774
	=	%

Neon Equity AG EBIT Related Terms

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

Neon Equity AG Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Neon Equity AG (XTER:D77) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

D77:Germany

Address

Morfelder Landstrasse 277, Frankfurt am Main, HE, DEU, 60598

Website

https://www.neon-equity.com

Neon Equity AG is a founder-managed investor and growth enabler company. Its investment focus is on European companies from the real estate, consulting and technology sectors which have growth and capital market potential as well as an ESG-compliant business model. It also advises portfolio companies on the implementation of their capital market and growth strategies.

Executives

Thomas Olek	Board of Directors
Herr Ole Nixdorff	Board of Directors

Neon Equity AG Headlines

No Headlines