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HGears AG (XTER:HGEA) EBIT : €-14.3 Mil (TTM As of Jun. 2024)


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What is HGears AG EBIT?

HGears AG's earnings before interest and taxes (EBIT) for the six months ended in Jun. 2024 was €-6.7 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2024 was €-14.3 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. HGears AG's annualized ROC % for the quarter that ended in Jun. 2024 was -15.97%. HGears AG's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was -18.71%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. HGears AG's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was -62.51%.


HGears AG EBIT Historical Data

The historical data trend for HGears 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.

HGears AG EBIT Chart

HGears AG Annual Data
Trend Dec20 Dec21 Dec22 Dec23
EBIT
9.07 8.45 0.72 -12.19

HGears AG Semi-Annual Data
Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
EBIT Get a 7-Day Free Trial Premium Member Only 0.74 -0.01 -4.54 -7.65 -6.66

Competitive Comparison of HGears AG's EBIT

For the Auto Parts subindustry, HGears 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.


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

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

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


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HGears 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 €-14.3 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.


HGears AG  (XTER:HGEA) EBIT Explanation

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

HGears 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 )
=-13.906 * ( 1 - -1.97% )/( (98.07 + 79.477)/ 2 )
=-14.1799482/88.7735
=-15.97 %

where

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:

HGears 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 )
=-13.324/( ( (70.551 + max(3.318, 0)) + (65.889 + max(2.678, 0)) )/ 2 )
=-13.324/( ( 73.869 + 68.567 )/ 2 )
=-13.324/71.218
=-18.71 %

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)
=(10.528 + 20.021 + 4.21) - (30.592 + 0 + 0.849)
=3.318

Working Capital(Q: Jun. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(9.502 + 19.226 + 2.597) - (27.942 + 0 + 0.705)
=2.678

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jun. 2024 )
=-14.316/22.903
=-62.51 %

* 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.


HGears AG EBIT Related Terms

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HGears AG Business Description

Traded in Other Exchanges
Address
Brambach 38, Schramberg, BW, DEU, 78713
HGears AG is a manufacturer of high-precision gears and components. The company divides its business into three areas. The e-Mobility focuses on products for e-bike drive systems and drive train units for electric and hybrid vehicles; the e-Tools focuses on components utilized in the powering mechanism of battery-driven (e-drive), the Conventional automotive and industrial applications focus on gear units for various applications, such as rolling shutters and systems for heating, ventilation and air conditioning, motorbikes and non-combustion part precision components for premium and luxury vehicles. The company consists of one operating segment, the production of high-precision gears and components.
Executives
Sven Arend Board of Directors
Volker Stauch Supervisory Board
Daniel Basok Board of Directors
Daniel Kartje Supervisory Board
Christophe Hemmerle Supervisory Board
Dr. Gabriele Fontane Supervisory Board
Mathias Seidler Supervisory Board
Pierluca Sartorello Board of Directors

HGears AG Headlines

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