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Netfonds AG (XTER:NF4) EBIT : €1.3 Mil (TTM As of Dec. 2023)


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What is Netfonds AG EBIT?

Netfonds AG's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2023 was €1.3 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was €1.3 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Netfonds AG's annualized ROC % for the quarter that ended in Dec. 2023 was -3.72%. Netfonds AG's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 48.48%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Netfonds AG's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 1.24%.

Netfonds AG EBIT Historical Data

The historical data trend for Netfonds 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.

Netfonds AG EBIT Chart

Netfonds AG Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EBIT
Get a 7-Day Free Trial 1.31 1.66 12.12 2.47 1.31

Netfonds AG Semi-Annual Data
Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EBIT Get a 7-Day Free Trial 1.31 1.66 12.12 2.47 1.31

Competitive Comparison of Netfonds AG's EBIT

For the Financial Conglomerates subindustry, Netfonds 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.

Netfonds AG's EV-to-EBIT Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Netfonds AG's EV-to-EBIT distribution charts can be found below:

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


Netfonds 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 Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was €1.3 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.

Netfonds AG  (XTER:NF4) EBIT Explanation

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

Netfonds 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 )
=2.812 * ( 1 - 138.01% )/( (27.067 + 30.45)/ 2 )
=-1.0688412/28.7585
=-3.72 %

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))
=63.665 - 30.184 - ( 6.414 - max(0, 30.235 - 40.049+6.414))
=27.067

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))
=72.257 - 37.564 - ( 4.243 - max(0, 37.564 - 48.779+4.243))
=30.45

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

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

Netfonds 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 )
=2.612/( ( (0.425 + max(3.262, 0)) + (0.555 + max(6.534, 0)) )/ 2 )
=2.612/( ( 3.687 + 7.089 )/ 2 )
=2.612/5.388
=48.48 %

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)
=(31.284 + 0 + 2.162) - (30.184 + 0 + 0)
=3.262

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(38.939 + 0 + 5.159) - (37.564 + 0 + 0)
=6.534

When net working capital is negative, 0 is used.

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

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2023 )
=1.306/105.689
=1.24 %

* 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.

Netfonds AG EBIT Related Terms

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Netfonds AG Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Netfonds AG (XTER:NF4) » Definitions » EBIT
Comparable Companies
XTER:VVV3 BOM:532978 TSE:8591 TPE:2885 SZSE:002736 SZSE:000617 TSE:8473 VOYA OSL:STB SZSE:000987 BOM:540691 SZSE:002797 SZSE:002670 SHSE:600390 MEX:ELEKTRA JSE:OMU OHEL:MANTA XSGO:BICECORP BOM:500302 ASX:AMP
Traded in Other Exchanges
NF4:Germany NF4:Germany
Address
Heidenkampsweg 73, Hamburg, NW, DEU, 20097
Website
https://www.netfonds.de
Netfonds AG is a service provider in the areas of finance and insurance. The company offers investment and financial advice to agents, banks, and financial distributors. Netfonds is a well-established concept for independent consultants and insurance brokers. As a broker pool, liability umbrella, multiple agents, asset manager, fund manager, and product provider, Netfonds offers a broad range of services so that advice can become a real added value for the customer. The range of services includes legal and regulatory services in the investment fund, insurance, pension, and financing product categories.

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