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ZGN (Ermenegildo Zegna NV) EBIT : $168 Mil (TTM As of Jun. 2024)


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What is Ermenegildo Zegna NV EBIT?

Ermenegildo Zegna NV's earnings before interest and taxes (EBIT) for the six months ended in Jun. 2024 was $84 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2024 was $168 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Ermenegildo Zegna NV's annualized ROC % for the quarter that ended in Jun. 2024 was 4.49%. Ermenegildo Zegna NV's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was 15.48%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Ermenegildo Zegna NV's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was 5.83%.


Ermenegildo Zegna NV EBIT Historical Data

The historical data trend for Ermenegildo Zegna NV'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.

Ermenegildo Zegna NV EBIT Chart

Ermenegildo Zegna NV Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EBIT
Get a 7-Day Free Trial 97.77 -18.46 -93.85 124.05 217.87

Ermenegildo Zegna NV Semi-Annual Data
Dec18 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 57.06 66.88 133.12 83.88 83.76

Competitive Comparison of Ermenegildo Zegna NV's EBIT

For the Apparel Manufacturing subindustry, Ermenegildo Zegna NV'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.


Ermenegildo Zegna NV's EV-to-EBIT Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Ermenegildo Zegna NV's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Ermenegildo Zegna NV's EV-to-EBIT falls into.



Ermenegildo Zegna NV 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 semi-annually data reported by the company within the most recent 12 months, which was $168 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.


Ermenegildo Zegna NV  (NYSE:ZGN) EBIT Explanation

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

Ermenegildo Zegna NV'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: Dec. 2023 ) + Invested Capital (Q: Jun. 2024 ))/ count )
=157.332 * ( 1 - 35.46% )/( (2228.95 + 2296.035)/ 2 )
=101.5420728/2262.4925
=4.49 %

where

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))
=3017.46 - 488.06 - ( 422.061 - max(0, 1103.733 - 1404.183+422.061))
=2228.95

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))
=2993.863 - 348.521 - ( 349.307 - max(0, 938.137 - 1322.553+349.307))
=2296.035

Note: The Operating Income data used here is two times the semi-annual (Jun. 2024) data.

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

Ermenegildo Zegna NV'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: Dec. 2023  Q: Jun. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=167.528/( ( (756.336 + max(293.644, 0)) + (793.617 + max(320.517, 0)) )/ 2 )
=167.528/( ( 1049.98 + 1114.134 )/ 2 )
=167.528/1082.057
=15.48 %

where Working Capital is:

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(262.221 + 569.89 + 115.998) - (488.06 + 68.515 + 97.89)
=293.644

Working Capital(Q: Jun. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(233.229 + 582.122 + 118.742) - (348.521 + 0 + 265.055)
=320.517

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Jun. 2024) EBIT data.

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

Ermenegildo Zegna NV's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jun. 2024 )
=167.641/2874.832
=5.83 %

* 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.


Ermenegildo Zegna NV EBIT Related Terms

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Ermenegildo Zegna NV Business Description

Traded in Other Exchanges
Address
99/100 Viale Roma, Valdilana location, Trivero, ITA, 13835
Ermenegildo Zegna NV designs creates, and distributes luxury menswear and accessories under the Zegna brand, as well as womenswear, menswear, and accessories under the Thom Browne brand. It operates in three segments: the Zegna segment (comprising three product lines: Zegna Branded Products, Textile, and Third Party Brands); the Thom Browne segment; and the Tom Ford Fashion segment. It generates the majority of its revenue from the Zegna segment.