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init innovation in traffic systems SE (XTER:IXX) EBIT : €21.4 Mil (TTM As of Dec. 2023)


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What is init innovation in traffic systems SE EBIT?

init innovation in traffic systems SE's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2023 was €14.0 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was €21.4 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. init innovation in traffic systems SE's annualized ROC % for the quarter that ended in Dec. 2023 was 18.37%. init innovation in traffic systems SE's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 51.65%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. init innovation in traffic systems SE's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 4.92%.


init innovation in traffic systems SE EBIT Historical Data

The historical data trend for init innovation in traffic systems 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.

init innovation in traffic systems SE EBIT Chart

init innovation in traffic systems SE 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 16.27 19.69 17.54 21.08 21.38

init innovation in traffic systems SE Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 10.86 -0.86 2.64 5.56 14.03

Competitive Comparison of init innovation in traffic systems SE's EBIT

For the Information Technology Services subindustry, init innovation in traffic systems 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.


init innovation in traffic systems SE's EV-to-EBIT Distribution in the Software Industry

For the Software industry and Technology sector, init innovation in traffic systems SE's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where init innovation in traffic systems SE's EV-to-EBIT falls into.



init innovation in traffic systems 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 Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was €21.4 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.


init innovation in traffic systems SE  (XTER:IXX) EBIT Explanation

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

init innovation in traffic systems SE'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: Sep. 2023 ) + Invested Capital (Q: Dec. 2023 ))/ count )
=51.288 * ( 1 - 22.67% )/( (217.51 + 214.298)/ 2 )
=39.6610104/215.904
=18.37 %

where

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

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

init innovation in traffic systems SE'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: Sep. 2023  Q: Dec. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=56.132/( ( (64.891 + max(44.475, 0)) + (64.055 + max(43.931, 0)) )/ 2 )
=56.132/( ( 109.366 + 107.986 )/ 2 )
=56.132/108.676
=51.65 %

where Working Capital is:

Working Capital(Q: Sep. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(38.715 + 49.178 + 7.309) - (9.414 + 0 + 41.313)
=44.475

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(43.496 + 45.586 + 9.839) - (18.847 + 0 + 36.143)
=43.931

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Dec. 2023) EBIT data.

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

init innovation in traffic systems SE's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2023 )
=21.377/434.577
=4.92 %

* 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.


init innovation in traffic systems SE EBIT Related Terms

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init innovation in traffic systems SE (XTER:IXX) Business Description

Traded in Other Exchanges
Address
Kaeppelestrasse 4-10, Karlsruhe, BW, DEU, D-76131
init innovation in traffic systems SE is an international system supplier of transportation telematics. The company develops and supplies integrated planning, dispatching, telematics and ticketing systems for buses and trains. The firm develops, produces, integrates, installs, and maintains software and hardware products for the planning, management, and optimization of transport companies. It offers research and development, planning and dispatching, analyzing and optimizing, ticketing and fare management, operations control and real-time passenger information, and service and maintenance solutions. Geographical presence of the company is in Germany, North America, Europe, Australia and UAE.
Executives
Dr. Gottfried Greschner Board of Directors
Jörg Munz Board of Directors
Dr. Jürgen Greschner Board of Directors

init innovation in traffic systems SE (XTER:IXX) Headlines

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