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Chase (CCF) EBIT : $52.2 Mil (TTM As of Aug. 2023)


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What is Chase EBIT?

Chase's earnings before interest and taxes (EBIT) for the three months ended in Aug. 2023 was $9.5 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Aug. 2023 was $52.2 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Chase's annualized ROC % for the quarter that ended in Aug. 2023 was 8.88%. Chase's annualized ROC (Joel Greenblatt) % for the quarter that ended in Aug. 2023 was 22.07%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Chase's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Aug. 2023 was 4.09%.


Chase EBIT Historical Data

The historical data trend for Chase'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.

Chase EBIT Chart

Chase Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 44.07 45.57 58.89 59.02 52.17

Chase Quarterly Data
Nov18 Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23
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 13.93 10.74 13.38 18.51 9.55

Competitive Comparison of Chase's EBIT

For the Specialty Chemicals subindustry, Chase'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.


Chase's EV-to-EBIT Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Chase's EV-to-EBIT distribution charts can be found below:

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



Chase 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 Aug. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $52.2 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.


Chase  (AMEX:CCF) EBIT Explanation

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

Chase's annualized ROC % for the quarter that ended in Aug. 2023 is calculated as:

ROC % (Q: Aug. 2023 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: May. 2023 ) + Invested Capital (Q: Aug. 2023 ))/ count )
=59.024 * ( 1 - 21.31% )/( (536.143 + 510.123)/ 2 )
=46.4459856/523.133
=8.88 %

where

Note: The Operating Income data used here is four times the quarterly (Aug. 2023) data.

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

Chase's annualized ROC (Joel Greenblatt) % for the quarter that ended in Aug. 2023 is calculated as:

ROC (Joel Greenblatt) %(Q: Aug. 2023 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: May. 2023  Q: Aug. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=38.184/( ( (69.259 + max(115.223, 0)) + (67.455 + max(94.105, 0)) )/ 2 )
=38.184/( ( 184.482 + 161.56 )/ 2 )
=38.184/173.021
=22.07 %

where Working Capital is:

Working Capital(Q: May. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(61.112 + 77.485 + 14.708) - (38.082 + 0 + 0)
=115.223

Working Capital(Q: Aug. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(54.285 + 69.576 + 11.908) - (41.664 + 0 + 0)
=94.105

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Aug. 2023) EBIT data.

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Aug. 2023 )
=52.172/1275.146
=4.09 %

* 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.


Chase EBIT Related Terms

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Chase (CCF) Business Description

Traded in Other Exchanges
N/A
Address
375 University Avenue, Westwood, MA, USA, 02090
Chase Corp is a specialty chemical company. It operates through the following segments: Adhesives, Sealants and Additives, Industrial Tapes and Corrosion Protection and Waterproofing. The firm generates majority revenue from the Industrial Tapes segment. Its Industrial Tapes segment features legacy wire and cable materials, specialty tapes, and other laminated and coated products. Geographically, it derives a majority of revenue from North America and also has a presence in Asia; Europe, and Other Countries.
Executives
Adam Chase officer: COO/Vice President 104 ALBION ROAD, WELLESLEY MA 02481
Thomas Jr Wroe director
Ellen Rubin director 11 CLEMENTS ROAD, NEWTON MA 02458
Mary Claire Chase director 115 SUMNER STREET, NEWTON MA 02459
Derby John H. Iii director 1029 OCEAN BLVD., RYE NH 03870
Jeffery D Haigh officer: Corporate Secretary 2 SUMMER STREET, NORWOOD MA 02062
Michael J. Bourque officer: Treasurer & CFO ANALOGIC CORPORATION, 8 CENTENNIAL DRIVE, PEABODY MA 01960
Lewis P Gack director 5 LIVINGTON CIRCLE, ANDOVER MA 01810
Peter R Chase officer: President, CEO 305 GRANGE PARK, BRIDGEWATER MA 02324
Joan Wallace-benjamin director 175 SANDY VALLEY ROAD, DEDHAM MA 02026
Christian John Talma officer: Chief Accounting Officer 5 ALHAMBRA RD., WELLESLEY MA 02481
Chad A. Mcdaniel director C/O LYDALL, INC., 1 COLONIAL ROAD, MANCHESTER CT 06042
Thomas D. Debyle director STANDEX INT'L, 6 MANOR PARKWAY, SALEM NH 03079
Kenneth James Feroldi officer: CFO/Treasurer 67 KIMBERLEY DRIVE, WAKEFIELD RI 02878
Everett Jr Chadwick director 20 SOUTH DRIVE, BRIDGEWATER MA 02324