Mutares SE KGaA (XTER:MUX) EBIT : €35 Mil (TTM As of Jun. 2024)

View and export this data going back to 2008. Start your Free Trial

What is Mutares SE KGaA EBIT?

Mutares SE KGaA's earnings before interest and taxes (EBIT) for the three months ended in Jun. 2024 was €21 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2024 was €35 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Mutares SE KGaA's annualized ROC % for the quarter that ended in Jun. 2024 was -12.24%. Mutares SE KGaA's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was 5.06%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Mutares SE KGaA's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was 2.56%.

Mutares SE KGaA EBIT Historical Data

The historical data trend for Mutares SE KGaA'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.

Mutares SE KGaA EBIT Chart

Mutares SE KGaA Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

EBIT

Get a 7-Day Free Trial

27.70

38.10

453.00

-1.80

447.90

Mutares SE KGaA Quarterly Data
	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
EBIT	Get a 7-Day Free Trial															381.40	-62.80	203.30	-126.10	20.60

Competitive Comparison of Mutares SE KGaA's EBIT

For the Asset Management subindustry, Mutares SE KGaA'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.

Mutares SE KGaA's EV-to-EBIT Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Mutares SE KGaA's EV-to-EBIT distribution charts can be found below:

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

Save Embed

Mutares SE KGaA 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 €35 Mil.

Mutares SE KGaA (XTER:MUX) EBIT Explanation

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

Mutares SE KGaA'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 )
=	-413.6 * ( 1 - -1.26% )	/	( (3288	+	3554.2)	/ 2 )
=	-418.81136	/	3421.1
=	-12.24 %

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	))
=	4247.3	-	643.3	-	( 527	-	max(0, 1877.5	-	2193.5	+	527	))
=	3288

	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	))
=	4356	-	688	-	( 561	-	max(0, 2058	-	2171.8	+	561	))
=	3554.2

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

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

Mutares SE KGaA'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 )
=	82.4	/	( ( (1625.6 + max(-314.3, 0))	+	(1633.2 + max(-344, 0)) )	/	2 )
=	82.4	/	( ( 1625.6	+	1633.2 )	/	2 )
=	82.4	/	1629.4
=	5.06 %

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)
=	(516.2	+	696.5	+	350.5)	-	(643.3	+	0	+	1234.2)
=	-314.3

	Working Capital		(Q: Jun. 2024 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(553.5	+	700.6	+	206)	-	(688	+	0	+	1116.1)
=	-344

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:

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

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Jun. 2024 )
	=	35	/	1367.856
	=	2.56 %

Mutares SE KGaA EBIT Related Terms

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

Mutares SE KGaA Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Mutares SE & Co KGaA (XTER:MUX) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

0W2C:UK

Address

Arnulfstrasse 19, Munich, DEU, 80335

Website

https://www.mutares.de

Mutares SE & Co KGaA is a holding company. Its primary business is to acquire small and medium-sized companies in special situations. The company's operating segment includes the Automotive & Mobility segment includes the acquired companies that are engaged in the supplying of rubber mouldings, components for commercial vehicles, and others; the Engineering and Technology segment includes acquired companies that are engaged in the supplying of coating for oil and gas pipelines, components for increasing efficiency, provider of steel structures, roof and facade systems, and others; Goods and services segment includes acquired companies that are engaged in the manufacturing of packaging solutions, iron wire, paper household products, and logistics services.

Executives

Johannes Laumann	Board of Directors
Mark Friedrich	Board of Directors
Herr Volker Rofalski	Supervisory Board
Dr. Lennart Schley	Board of Directors
Dr. Axel Müller	Supervisory Board
Robin Laik	Board of Directors
Julia Und Mark Friedrich	Board of Directors
Dr. Kristian Schleede	Supervisory Board
Prof. Dr. Micha Bloching	Supervisory Board