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EEMS Italia SpA (FRA:E2Y0) EBIT : €-2.97 Mil (TTM As of Dec. 2023)


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What is EEMS Italia SpA EBIT?

EEMS Italia SpA's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2023 was €-1.48 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was €-2.97 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. EEMS Italia SpA's annualized ROC % for the quarter that ended in Dec. 2023 was -140.92%. EEMS Italia SpA's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -569.72%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. EEMS Italia SpA's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -512.07%.

EEMS Italia SpA EBIT Historical Data

The historical data trend for EEMS 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.

EEMS Italia SpA EBIT Chart

EEMS Italia SpA 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 -0.93 -0.75 -0.14 -2.18 -2.97

EEMS Italia SpA 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 0.24 -1.08 -1.10 -1.49 -1.48

Competitive Comparison of EEMS Italia SpA's EBIT

For the Utilities - Regulated Gas subindustry, EEMS 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.

EEMS Italia SpA's EV-to-EBIT Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, EEMS Italia SpA's EV-to-EBIT distribution charts can be found below:

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


EEMS 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 Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was €-2.97 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.

EEMS Italia SpA  (FRA:E2Y0) EBIT Explanation

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

EEMS Italia SpA'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 )
=-2.996 * ( 1 - 0% )/( (2.217 + 2.035)/ 2 )
=-2.996/2.126
=-140.92 %

where

Invested Capital(Q: Jun. 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))
=4.144 - 0.601 - ( 1.568 - max(0, 1.626 - 2.952+1.568))
=2.217

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))
=3.95 - 0.473 - ( 1.493 - max(0, 1.391 - 2.833+1.493))
=2.035

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:

EEMS Italia SpA'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 )
=-2.954/( ( (0.312 + max(0.358, 0)) + (0.263 + max(0.104, 0)) )/ 2 )
=-2.954/( ( 0.67 + 0.367 )/ 2 )
=-2.954/0.5185
=-569.72 %

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)
=(0.158 + 0 + 1.226) - (0.601 + 0 + 0.425)
=0.358

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.03 + 0 + 1.301) - (0.473 + 0 + 0.754)
=0.104

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2023 )
=-2.97/0.580
=-512.07 %

* 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.

EEMS Italia SpA EBIT Related Terms

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EEMS Italia SpA (FRA:E2Y0) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » EEMS Italia SpA (FRA:E2Y0) » Definitions » EBIT
Comparable Companies
MIL:RAD MIL:RLT MIL:RDF MIL:CLE MIL:GTH MIL:SFER MIL:NSP MIL:YRM MIL:POZ MIL:TGYM XMAD:NTGY ATO BOM:532155 MIL:SRG HKSE:00003 BOM:542066 NI HKSE:02688 TSE:9532 TSE:9531
Traded in Other Exchanges
EEMS:Italy
Address
Via delle Scienze, 5, Cittaducale, Rieti, ITA, 02015
Website
http://www.eems.com
EEMS Italia SpA is a provider of assembly and test solutions for the semiconductor industry, developing semiconductor memories. The company operates in China and Italy.

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