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Mattioli Woods (LSE:MTW) EBIT : £16.0 Mil (TTM As of Nov. 2023)


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What is Mattioli Woods EBIT?

Mattioli Woods's earnings before interest and taxes (EBIT) for the six months ended in Nov. 2023 was £8.4 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Nov. 2023 was £16.0 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Mattioli Woods's annualized ROC % for the quarter that ended in Nov. 2023 was 3.77%. Mattioli Woods's annualized ROC (Joel Greenblatt) % for the quarter that ended in Nov. 2023 was 97.97%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Mattioli Woods's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Nov. 2023 was 4.20%.


Mattioli Woods EBIT Historical Data

The historical data trend for Mattioli Woods'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.

Mattioli Woods EBIT Chart

Mattioli Woods Annual Data
Trend May14 May15 May16 May17 May18 May19 May20 May21 May22 May23
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.86 12.93 5.41 9.00 12.98

Mattioli Woods Semi-Annual Data
May14 Nov14 May15 Nov15 May16 Nov16 May17 Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23
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 3.72 5.28 5.35 7.63 8.40

Competitive Comparison of Mattioli Woods's EBIT

For the Asset Management subindustry, Mattioli Woods'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.


Mattioli Woods's EV-to-EBIT Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Mattioli Woods's EV-to-EBIT distribution charts can be found below:

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



Mattioli Woods 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 Nov. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was £16.0 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.


Mattioli Woods  (LSE:MTW) EBIT Explanation

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

Mattioli Woods's annualized ROC % for the quarter that ended in Nov. 2023 is calculated as:

ROC % (Q: Nov. 2023 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: May. 2023 ) + Invested Capital (Q: Nov. 2023 ))/ count )
=14.176 * ( 1 - 30.75% )/( (271.866 + 248.48)/ 2 )
=9.81688/260.173
=3.77 %

where

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

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

Mattioli Woods's annualized ROC (Joel Greenblatt) % for the quarter that ended in Nov. 2023 is calculated as:

ROC (Joel Greenblatt) %(Q: Nov. 2023 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: May. 2023  Q: Nov. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=16.79/( ( (17.026 + max(-37.695, 0)) + (17.25 + max(-2.642, 0)) )/ 2 )
=16.79/( ( 17.026 + 17.25 )/ 2 )
=16.79/17.138
=97.97 %

where Working Capital is:

Working Capital(Q: May. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(7.522 + 0 + 0.286) - (9.322 + 0 + 36.181)
=-37.695

Working Capital(Q: Nov. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(31.028 + 0 + 0.27500000000001) - (18.791 + 0 + 15.154)
=-2.642

When net working capital is negative, 0 is used.

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

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Nov. 2023 )
=16.025/381.953
=4.20 %

* 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.


Mattioli Woods EBIT Related Terms

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Mattioli Woods (LSE:MTW) Business Description

Traded in Other Exchanges
N/A
Address
1 New Walk Place, Leicester, GBR, LE1 6RU
Mattioli Woods PLC is a UK-based company that is engaged in providing wealth management and employee benefit services. The company's operating segments include Pension consultancy and administration; Investment and asset management; Property management; and Employee benefits. It generates maximum revenue from the Investment and asset management segment. Investment and asset management income generated is from the management and placing of investments on behalf of clients.