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Merko Ehitus AS (FRA:MKS) EBIT : €53.8 Mil (TTM As of Mar. 2024)


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What is Merko Ehitus AS EBIT?

Merko Ehitus AS's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was €5.9 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was €53.8 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Merko Ehitus AS's annualized ROC % for the quarter that ended in Mar. 2024 was 4.97%. Merko Ehitus AS's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 19.71%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Merko Ehitus AS's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 21.89%.


Merko Ehitus AS EBIT Historical Data

The historical data trend for Merko Ehitus AS'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.

Merko Ehitus AS EBIT Chart

Merko Ehitus AS 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 20.98 25.18 32.81 38.28 54.68

Merko Ehitus AS Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 6.73 14.82 14.29 18.83 5.86

Competitive Comparison of Merko Ehitus AS's EBIT

For the Engineering & Construction subindustry, Merko Ehitus AS'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.


Merko Ehitus AS's EV-to-EBIT Distribution in the Construction Industry

For the Construction industry and Industrials sector, Merko Ehitus AS's EV-to-EBIT distribution charts can be found below:

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



Merko Ehitus AS 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €53.8 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.


Merko Ehitus AS  (FRA:MKS) EBIT Explanation

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

Merko Ehitus AS's annualized ROC % for the quarter that ended in Mar. 2024 is calculated as:

ROC % (Q: Mar. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2023 ) + Invested Capital (Q: Mar. 2024 ))/ count )
=16.18 * ( 1 - 15.72% )/( (278.969 + 269.802)/ 2 )
=13.636504/274.3855
=4.97 %

where

Invested Capital(Q: Mar. 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))
=426.114 - 67.959 - ( 88.353 - max(0, 164.011 - 343.806+88.353))
=269.802

Note: The Operating Income data used here is four times the quarterly (Mar. 2024) data.

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

Merko Ehitus AS's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2023  Q: Mar. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=23.428/( ( (16.613 + max(106.248, 0)) + (16.093 + max(98.81, 0)) )/ 2 )
=23.428/( ( 122.861 + 114.903 )/ 2 )
=23.428/118.882
=19.71 %

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)
=(54.558 + 194.951 + 5.348) - (68.961 + 0 + 79.648)
=106.248

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(48.381 + 195.485 + 6.046) - (67.959 + 0 + 83.143)
=98.81

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2024) EBIT data.

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

Merko Ehitus AS's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=53.802/245.762
=21.89 %

* 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.


Merko Ehitus AS EBIT Related Terms

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Merko Ehitus AS (FRA:MKS) Business Description

Traded in Other Exchanges
Address
Jarvevana tee 9G, Tallinn, EST, 11314
Merko Ehitus AS is a construction company. It is engaged in the business of general contracting of construction and on providing complete solutions in professional construction and real estate development. The company operates under two reportable segments that are construction service and real estate development. Construction service contributes to the majority of the revenue. The firm operates mainly in Estonia, Lithuania, Latvia, and Norway.