Telecom Italia SpA (XTER:TQIR) EBIT : €1,187 Mil (TTM As of Sep. 2024)

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What is Telecom Italia SpA EBIT?

Telecom Italia SpA's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2024 was €404 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2024 was €1,187 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Telecom Italia SpA's annualized ROC % for the quarter that ended in Sep. 2024 was -0.23%. Telecom Italia SpA's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 12.36%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Telecom Italia SpA's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 6.85%.

Telecom Italia SpA EBIT Historical Data

The historical data trend for Telecom Italia SpA'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.

Telecom Italia SpA EBIT Chart

Telecom Italia SpA Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

EBIT

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3,152.00

2,637.00

-3,330.00

733.00

850.00

Telecom Italia SpA Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
EBIT	Get a 7-Day Free Trial															457.00	-886.00	501.00	1,168.00	404.00

Competitive Comparison of Telecom Italia SpA's EBIT

For the Telecom Services subindustry, Telecom Italia SpA'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.

Telecom Italia SpA's EV-to-EBIT Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Telecom Italia SpA's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Telecom Italia SpA's EV-to-EBIT falls into.

Telecom Italia SpA 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 Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €1,187 Mil.

Telecom Italia SpA (XTER:TQIR) EBIT Explanation

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

Telecom Italia SpA's annualized ROC % for the quarter that ended in Sep. 2024 is calculated as:

	ROC % (Q: Sep. 2024 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Jun. 2024 )	+	Invested Capital (Q: Sep. 2024 ))	/ count )
=	376 * ( 1 - 126.42% )	/	( (55022	+	32605)	/ 2 )
=	-99.3392	/	43813.5
=	-0.23 %

where

	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	))
=	61061	-	5717	-	( 2103	-	max(0, 29946	-	30268	+	2103	))
=	55022

	Invested Capital		(Q: Sep. 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	))
=	37863	-	6920	-	( 4042	-	max(0, 10735	-	9073	+	4042	))
=	32605

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

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

Telecom Italia SpA's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Sep. 2024 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Jun. 2024		Q: Sep. 2024
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	1616	/	( ( (7450 + max(10705, 0))	+	(7995 + max(-1889, 0)) )	/	2 )
=	1616	/	( ( 18155	+	7995 )	/	2 )
=	1616	/	13075
=	12.36 %

where Working Capital is:

	Working Capital		(Q: Jun. 2024 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(2418	+	309	+	24801)	-	(5717	+	0	+	11106)
=	10705

	Working Capital		(Q: Sep. 2024 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(4546	+	314	+	171)	-	(6920	+	0	+	0)
=	-1889

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Sep. 2024) EBIT data.

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

Telecom Italia SpA's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Sep. 2024 )
	=	1187	/	17318.308
	=	6.85 %

Telecom Italia SpA EBIT Related Terms

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Telecom Italia SpA Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Telecom Italia SpA (XTER:TQIR) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

TIAOF:USA TIAIY:USA TIIAY:USA TITR:Italy TIT:Italy TITm:UK 0H6I:UK 0GA3:UK TITR:Austria TIT:Austria

Address

Corso D\'Italia, 41, Roma, ITA, 00198

Website

https://www.telecomitalia.com

Telecom Italia is the incumbent telecommunications operator in Italy with more than 30% share in the Italian mobile market and 40% share in broadband. In the mobile market, it competes with Vodafone, Wind Tre, and Iliad. After the sale of its fixed network to KKR for EUR 18.8 billion, TIM will become a pure service provider. TIM also has a 20% wireless market share in Brazil and has started building a broadband network in the country, although its reach is very small compared with competitors Telefonica and America Movil.

Telecom Italia SpA Headlines

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