GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Grupo Comercial Chedraui SAB de CV (OTCPK:GCHEF) » Definitions » EBIT

Grupo Comercial ChedrauiB de CV (Grupo Comercial ChedrauiB de CV) EBIT : $623 Mil (TTM As of Mar. 2024)


View and export this data going back to 2013. Start your Free Trial

What is Grupo Comercial ChedrauiB de CV EBIT?

Grupo Comercial ChedrauiB de CV's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was $218 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was $623 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Grupo Comercial ChedrauiB de CV's annualized ROC % for the quarter that ended in Mar. 2024 was 10.13%. Grupo Comercial ChedrauiB de CV's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 18.34%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Grupo Comercial ChedrauiB de CV's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 6.54%.


Grupo Comercial ChedrauiB de CV EBIT Historical Data

The historical data trend for Grupo Comercial ChedrauiB de CV'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.

Grupo Comercial ChedrauiB de CV EBIT Chart

Grupo Comercial ChedrauiB de CV 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 226.77 255.01 304.33 370.82 620.88

Grupo Comercial ChedrauiB de CV Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 183.88 175.04 201.29 203.99 217.64

Competitive Comparison of Grupo Comercial ChedrauiB de CV's EBIT

For the Grocery Stores subindustry, Grupo Comercial ChedrauiB de CV'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.


Grupo Comercial ChedrauiB de CV's EV-to-EBIT Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Grupo Comercial ChedrauiB de CV's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Grupo Comercial ChedrauiB de CV's EV-to-EBIT falls into.



Grupo Comercial ChedrauiB de CV 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 $623 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.


Grupo Comercial ChedrauiB de CV  (OTCPK:GCHEF) EBIT Explanation

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

Grupo Comercial ChedrauiB de CV'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: Sep. 2023 ) + Invested Capital (Q: Mar. 2024 ))/ count )
=940.752 * ( 1 - 30.76% )/( (6076.029 + 6779.121)/ 2 )
=651.3766848/6427.575
=10.13 %

where

Invested Capital(Q: Sep. 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))
=7773.593 - 1863.668 - ( 469.966 - max(0, 2119.312 - 1953.208+469.966))
=6076.029

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))
=8711.532 - 2079.362 - ( 620.352 - max(0, 2389.442 - 2242.491+620.352))
=6779.121

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

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

Grupo Comercial ChedrauiB de CV'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: Sep. 2023  Q: Mar. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=870.564/( ( (4467.092 + max(-585.063, 0)) + (5026.759 + max(-720.115, 0)) )/ 2 )
=870.564/( ( 4467.092 + 5026.759 )/ 2 )
=870.564/4746.9255
=18.34 %

where Working Capital is:

Working Capital(Q: Sep. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(7.619 + 1180.115 + 231.562) - (1863.668 + 0 + 140.691)
=-585.063

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(30.744 + 1236.674 + 266.875) - (2079.362 + 0 + 175.046)
=-720.115

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:

Grupo Comercial ChedrauiB de CV's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=622.924/9524.010
=6.54 %

* 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.


Grupo Comercial ChedrauiB de CV EBIT Related Terms

Thank you for viewing the detailed overview of Grupo Comercial ChedrauiB de CV's EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.


Grupo Comercial ChedrauiB de CV (Grupo Comercial ChedrauiB de CV) Business Description

Traded in Other Exchanges
Address
Avenida Constituyentes 1150, Colonia Lomas Altas, Mexico, DF, MEX, 11950
Grupo Comercial Chedraui SAB de CV is a Spanish company engaged in the operation of hypermarkets in Mexico and supermarkets in the United States, and it also has a real estate division. In Mexico, the company operates through two retail formats: Tiendas Chedraui and Super Chedraui, which represent different sizes and depth of assortment. The retail stores in the U.S. are located in three southwest states: California, Nevada, and Arizona. The real estate division is involved in locating, building, and remodelling the stores, as well as leasing commercial space in shopping malls where there are Chedraui stores.