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G4S (GFSZY) EBIT : $316 Mil (TTM As of Jun. 2020)


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What is G4S EBIT?

G4S's earnings before interest and taxes (EBIT) for the six months ended in Jun. 2020 was $339 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2020 was $316 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. G4S's annualized ROC % for the quarter that ended in Jun. 2020 was 12.05%. G4S's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2020 was 55.49%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. G4S's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2020 was 6.05%.


G4S EBIT Historical Data

The historical data trend for G4S'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.

G4S EBIT Chart

G4S Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 294.91 530.59 674.26 356.96 201.84

G4S Semi-Annual Data
Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20
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 276.60 93.67 218.00 -23.59 339.17

Competitive Comparison of G4S's EBIT

For the Security & Protection Services subindustry, G4S'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.


G4S's EV-to-EBIT Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, G4S's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where G4S's EV-to-EBIT falls into.



G4S 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. 2020 adds up the semi-annually data reported by the company within the most recent 12 months, which was $316 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.


G4S  (OTCPK:GFSZY) EBIT Explanation

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

G4S's annualized ROC % for the quarter that ended in Jun. 2020 is calculated as:

ROC % (Q: Jun. 2020 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2019 ) + Invested Capital (Q: Jun. 2020 ))/ count )
=725.908 * ( 1 - 21.66% )/( (5309.306 + 4131.413)/ 2 )
=568.6763272/4720.3595
=12.05 %

where

Invested Capital(Q: Dec. 2019 )
=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))
=7028.834 - 686.763 - ( 1032.765 - max(0, 2634.338 - 3910.878+1032.765))
=5309.306

Invested Capital(Q: Jun. 2020 )
=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))
=6898.623 - 1644.556 - ( 1690.864 - max(0, 2674.593 - 3797.247+1690.864))
=4131.413

Note: The Operating Income data used here is two times the semi-annual (Jun. 2020) data.

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

G4S's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2020 is calculated as:

ROC (Joel Greenblatt) %(Q: Jun. 2020 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2019  Q: Jun. 2020
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=678.348/( ( (656.619 + max(943.644, 0)) + (583.229 + max(261.577, 0)) )/ 2 )
=678.348/( ( 1600.263 + 844.806 )/ 2 )
=678.348/1222.5345
=55.49 %

where Working Capital is:

Working Capital(Q: Dec. 2019 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1205.767 + 142.857 + 1529.489) - (686.763 + 0 + 1247.706)
=943.644

Working Capital(Q: Jun. 2020 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1753.442 + 141.427 + 211.514) - (1644.556 + 0 + 200.25)
=261.577

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Jun. 2020) EBIT data.

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

G4S's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jun. 2020 )
=315.583/5219.585
=6.05 %

* 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.


G4S EBIT Related Terms

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G4S (GFSZY) Business Description

Traded in Other Exchanges
N/A
Address
105 Victoria Street, 5th Floor, Southside, London, GBR, SW1E 6QT
G4S is a multinational security services company and constituent of the FTSE 250 Index. The company was formed through a series of large mergers, most notably in 2004 when British Securicor and Danish Group 4 Falck merged. G4S is now the world's largest security company and has operations in around 90 countries. With over 550,000 employees, it is also the world's third- largest private employer. The company offers a range of services from the supply of security personnel and response units to risk consulting and prison management.

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