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Compagnie Financiere Tradition (Compagnie Financiere Tradition) EBIT : $153 Mil (TTM As of Dec. 2023)


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What is Compagnie Financiere Tradition EBIT?

Compagnie Financiere Tradition's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2023 was $71 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was $153 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Compagnie Financiere Tradition's annualized ROC % for the quarter that ended in Dec. 2023 was 12.77%. Compagnie Financiere Tradition's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 220.93%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Compagnie Financiere Tradition's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 13.02%.


Compagnie Financiere Tradition EBIT Historical Data

The historical data trend for Compagnie Financiere Tradition'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.

Compagnie Financiere Tradition EBIT Chart

Compagnie Financiere Tradition 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 84.63 110.66 102.73 139.82 155.97

Compagnie Financiere Tradition Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 44.05 74.98 61.73 81.21 71.42

Competitive Comparison of Compagnie Financiere Tradition's EBIT

For the Capital Markets subindustry, Compagnie Financiere Tradition'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.


Compagnie Financiere Tradition's EV-to-EBIT Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Compagnie Financiere Tradition's EV-to-EBIT distribution charts can be found below:

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



Compagnie Financiere Tradition 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 $153 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.


Compagnie Financiere Tradition  (OTCPK:CFNCF) EBIT Explanation

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

Compagnie Financiere Tradition'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: Jun. 2023 ) + Invested Capital (Q: Dec. 2023 ))/ count )
=103.222 * ( 1 - 19.05% )/( (656.98 + 652.133)/ 2 )
=83.558209/654.5565
=12.77 %

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))
=1136.92 - 75.864 - ( 408.923 - max(0, 336.339 - 788.686+408.923))
=652.133

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:

Compagnie Financiere Tradition'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: Jun. 2023  Q: Dec. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=142.83/( ( (67.135 + max(-42.403, 0)) + (62.162 + max(-47.361, 0)) )/ 2 )
=142.83/( ( 67.135 + 62.162 )/ 2 )
=142.83/64.6485
=220.93 %

where Working Capital is:

Working Capital(Q: Jun. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1415.582 + 0 + 20.829) - (1229.08 + 0 + 249.734)
=-42.403

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(250.92 + 0 + 21.772) - (75.864 + 0 + 244.189)
=-47.361

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:

Compagnie Financiere Tradition's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2023 )
=152.623/1172.467
=13.02 %

* 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.


Compagnie Financiere Tradition EBIT Related Terms

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Compagnie Financiere Tradition (Compagnie Financiere Tradition) Business Description

Traded in Other Exchanges
Address
11, Rue de Langallerie, Lausanne, CHE, CH - 1003
Compagnie Financiere Tradition SA is a Switzerland-based interdealer broking firm. It acts as a marketplace and an intermediary and facilitates transactions between financial institutions and other professional traders in the capital markets. Its Financial and non-financial products include bonds, interest rates, index futures, currency and credit derivatives, equities, precious metals, energy and environmental products, and others. Its geographical segments are Europe, Middle East and Africa; Americas and Asia-Pacific.

Compagnie Financiere Tradition (Compagnie Financiere Tradition) Headlines

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