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Surteco Group SE (XTER:SUR) EBIT : €28.6 Mil (TTM As of Jun. 2024)


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What is Surteco Group SE EBIT?

Surteco Group SE's earnings before interest and taxes (EBIT) for the three months ended in Jun. 2024 was €13.7 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2024 was €28.6 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Surteco Group SE's annualized ROC % for the quarter that ended in Jun. 2024 was 4.56%. Surteco Group SE's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was 14.40%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Surteco Group SE's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was 4.87%.


Surteco Group SE EBIT Historical Data

The historical data trend for Surteco Group 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.

Surteco Group SE EBIT Chart

Surteco Group 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 23.56 48.06 74.78 41.82 9.82

Surteco Group SE Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 - -3.25 5.76 12.40 13.68

Competitive Comparison of Surteco Group SE's EBIT

For the Building Products & Equipment subindustry, Surteco Group 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.


Surteco Group SE's EV-to-EBIT Distribution in the Construction Industry

For the Construction industry and Industrials sector, Surteco Group SE's EV-to-EBIT distribution charts can be found below:

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



Surteco Group 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 Jun. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €28.6 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.


Surteco Group SE  (XTER:SUR) EBIT Explanation

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

Surteco Group SE'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 )
=54.724 * ( 1 - 29.62% )/( (842.365 + 846.876)/ 2 )
=38.5147512/844.6205
=4.56 %

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))
=1074.936 - 105.326 - ( 127.245 - max(0, 223.475 - 380.763+127.245))
=842.365

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))
=1067.453 - 101.818 - ( 118.759 - max(0, 209.517 - 378.885+118.759))
=846.876

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

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

Surteco Group SE'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 )
=54.724/( ( (341.991 + max(30.043, 0)) + (337.393 + max(50.609, 0)) )/ 2 )
=54.724/( ( 372.034 + 388.002 )/ 2 )
=54.724/380.018
=14.40 %

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)
=(94.668 + 146.889 + 11.961) - (105.326 + 0 + 118.149)
=30.043

Working Capital(Q: Jun. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(92.838 + 155.578 + 11.71) - (101.818 + 0 + 107.699)
=50.609

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jun. 2024 )
=28.592/587.120
=4.87 %

* 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.


Surteco Group SE EBIT Related Terms

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Surteco Group SE Business Description

Traded in Other Exchanges
Address
Johan-Viktor-Bausch-Strasse 2, Buttenwiesen, BY, DEU, 86647
Surteco Group SE is engaged in the surface technology sector. The company primarily acts as a developer, designer, producer, and marketer of surface materials based on paper and plastics. Its operating segment includes Decoratives; Profiles and Technicals. The company generates maximum revenue from the Decoratives segment. Geographically, it has a presence in Germany, America, Australia/Asia, and the rest of Europe.

Surteco Group SE Headlines

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