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Ekotechnika AG (FRA:ETE) EBIT : €20.5 Mil (TTM As of Sep. 2023)


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What is Ekotechnika AG EBIT?

Ekotechnika AG's earnings before interest and taxes (EBIT) for the six months ended in Sep. 2023 was €12.1 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2023 was €20.5 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Ekotechnika AG's annualized ROC % for the quarter that ended in Sep. 2023 was 12.97%. Ekotechnika AG's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2023 was 23.09%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Ekotechnika AG's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2023 was 24.62%.


Ekotechnika AG EBIT Historical Data

The historical data trend for Ekotechnika AG'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.

Ekotechnika AG EBIT Chart

Ekotechnika AG Annual Data
Trend Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
EBIT
Get a 7-Day Free Trial Premium Member Only 12.10 6.49 22.02 37.30 20.49

Ekotechnika AG Semi-Annual Data
Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 16.86 4.56 32.75 8.41 12.08

Competitive Comparison of Ekotechnika AG's EBIT

For the Farm & Heavy Construction Machinery subindustry, Ekotechnika AG'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.


Ekotechnika AG's EV-to-EBIT Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Ekotechnika AG's EV-to-EBIT distribution charts can be found below:

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



Ekotechnika AG 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. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was €20.5 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.


Ekotechnika AG  (FRA:ETE) EBIT Explanation

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

Ekotechnika AG's annualized ROC % for the quarter that ended in Sep. 2023 is calculated as:

ROC % (Q: Sep. 2023 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Mar. 2023 ) + Invested Capital (Q: Sep. 2023 ))/ count )
=25.19 * ( 1 - 23.65% )/( (159.448 + 137.117)/ 2 )
=19.232565/148.2825
=12.97 %

where

Note: The Operating Income data used here is two times the semi-annual (Sep. 2023) data.

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

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

ROC (Joel Greenblatt) %(Q: Sep. 2023 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Mar. 2023  Q: Sep. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=24.162/( ( (28.962 + max(83.408, 0)) + (23.019 + max(73.872, 0)) )/ 2 )
=24.162/( ( 112.37 + 96.891 )/ 2 )
=24.162/104.6305
=23.09 %

where Working Capital is:

Working Capital(Q: Mar. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(18.086 + 63.151 + 31.066) - (8.534 + 0 + 20.361)
=83.408

Working Capital(Q: Sep. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(19.128 + 59.681 + 21.76) - (8.671 + 0 + 18.026)
=73.872

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Sep. 2023) EBIT data.

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2023 )
=20.487/83.203
=24.62 %

* 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.


Ekotechnika AG EBIT Related Terms

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Ekotechnika AG (FRA:ETE) Business Description

Traded in Other Exchanges
N/A
Address
Johann-Jakob-Astor-Strasse 49, Walldorf, BW, DEU, 69190
Ekotechnika AG is a dealer of agricultural machinery. The company offers tractors, milking machines, spare parts, customer service and smart farming. Its business segments are classified into new machinery, spare parts, service, and smart farming. Its geographical segments include the Central region, Black earth region, and Siberian region. Majority of its revenue derived from Central region segment.
Executives
Lars Bjarne Buwitt Supervisory Board

Ekotechnika AG (FRA:ETE) Headlines

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