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Mainova AG (FRA:MNV6) EBIT : €-90 Mil (TTM As of Jun. 2023)


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What is Mainova AG EBIT?

Mainova AG's earnings before interest and taxes (EBIT) for the six months ended in Jun. 2023 was €289 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2023 was €-90 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Mainova AG's annualized ROC % for the quarter that ended in Jun. 2023 was 6.15%. Mainova AG's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2023 was 29.05%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Mainova AG's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2023 was -3.36%.


Mainova AG EBIT Historical Data

The historical data trend for Mainova 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.

Mainova AG EBIT Chart

Mainova AG Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 179.20 78.82 245.49 522.38 -263.03

Mainova AG Semi-Annual Data
Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
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 230.17 292.22 116.67 -379.70 289.49

Competitive Comparison of Mainova AG's EBIT

For the Utilities - Regulated Electric subindustry, Mainova 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.


Mainova AG's EV-to-EBIT Distribution in the Utilities - Regulated Industry

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

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



Mainova 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 Jun. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was €-90 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.


Mainova AG  (FRA:MNV6) EBIT Explanation

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

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

ROC % (Q: Jun. 2023 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2022 ) + Invested Capital (Q: Jun. 2023 ))/ count )
=508.926 * ( 1 - 26.24% )/( (6754.336 + 5444.277)/ 2 )
=375.3838176/6099.3065
=6.15 %

where

Invested Capital(Q: Dec. 2022 )
=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))
=7081.368 - 500.099 - ( 35.968 - max(0, 1436.502 - 1263.435+35.968))
=6754.336

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))
=5927.701 - 467.973 - ( 1059.334 - max(0, 2098.708 - 2114.159+1059.334))
=5444.277

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

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

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

ROC (Joel Greenblatt) %(Q: Jun. 2023 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2022  Q: Jun. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=578.984/( ( (1921.107 + max(-22.9, 0)) + (2065.097 + max(-1043.883, 0)) )/ 2 )
=578.984/( ( 1921.107 + 2065.097 )/ 2 )
=578.984/1993.102
=29.05 %

where Working Capital is:

Working Capital(Q: Dec. 2022 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(551.416 + 301.19 + 374.861) - (500.099 + 0 + 750.268)
=-22.9

Working Capital(Q: Jun. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(749.486 + 234.577 + 70.762) - (467.973 + 0 + 1630.735)
=-1043.883

When net working capital is negative, 0 is used.

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

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jun. 2023 )
=-90.21/2684.023
=-3.36 %

* 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.


Mainova AG EBIT Related Terms

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Mainova AG (FRA:MNV6) Business Description

Traded in Other Exchanges
Address
Solmsstrasse 38, Frankfurt Am Main, DEU, 60623
Mainova AG is engaged in the distribution of electricity. In addition, Mainova supplies regional energy supply companies as well as nationwide business customers with electricity, gas and energy-related services. The company is organized into three business segments - Heat and Power Generation, Power Supply, and Gas Supply. The majority of its revenue is derived from the Power Supply segment.

Mainova AG (FRA:MNV6) Headlines

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