Fluxys Belgium (LTS:0Q7U) EBIT : €166.0 Mil (TTM As of Dec. 2023)

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What is Fluxys Belgium EBIT?

Fluxys Belgium's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2023 was €86.1 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was €166.0 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Fluxys Belgium's annualized ROC % for the quarter that ended in Dec. 2023 was 3.16%. Fluxys Belgium's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 9.17%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Fluxys Belgium's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 11.67%.

Fluxys Belgium EBIT Historical Data

The historical data trend for Fluxys Belgium'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.

Fluxys Belgium EBIT Chart

Fluxys Belgium Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

EBIT

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135.56

134.25

138.80

150.36

165.95

Fluxys Belgium Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
EBIT	Get a 7-Day Free Trial															69.62	73.01	77.35	79.84	86.12

Competitive Comparison of Fluxys Belgium's EBIT

For the Oil & Gas Midstream subindustry, Fluxys Belgium'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.

Fluxys Belgium's EV-to-EBIT Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Fluxys Belgium's EV-to-EBIT distribution charts can be found below:

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

Fluxys Belgium 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 Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was €166.0 Mil.

Fluxys Belgium (LTS:0Q7U) EBIT Explanation

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

Fluxys Belgium's annualized ROC % for the quarter that ended in Dec. 2023 is calculated as:

	ROC % (Q: Dec. 2023 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Jun. 2023 )	+	Invested Capital (Q: Dec. 2023 ))	/ count )
=	93.284 * ( 1 - 16.23% )	/	( (2547.047	+	2397.425)	/ 2 )
=	78.1440068	/	2472.236
=	3.16 %

where

	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	))
=	3248.127	-	151.033	-	( 934.164	-	max(0, 656.801	-	1206.848	+	934.164	))
=	2547.047

	Invested Capital		(Q: Dec. 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	))
=	3358.616	-	123.204	-	( 1101.225	-	max(0, 447.57	-	1285.557	+	1101.225	))
=	2397.425

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

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

Fluxys Belgium's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Dec. 2023 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Jun. 2023		Q: Dec. 2023
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	172.234	/	( ( (1854.747 + max(-322.951, 0))	+	(1901.866 + max(-233.031, 0)) )	/	2 )
=	172.234	/	( ( 1854.747	+	1901.866 )	/	2 )
=	172.234	/	1878.3065
=	9.17 %

where Working Capital is:

	Working Capital		(Q: Jun. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(153.623	+	95.225	+	23.836)	-	(151.033	+	0	+	444.602)
=	-322.951

	Working Capital		(Q: Dec. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(81.352	+	50.443	+	27.408)	-	(123.204	+	0	+	269.03)
=	-233.031

When net working capital is negative, 0 is used.

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

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

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

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Dec. 2023 )
	=	165.954	/	1422.666
	=	11.67 %

Fluxys Belgium EBIT Related Terms

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Fluxys Belgium (LTS:0Q7U) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Fluxys Belgium SA (LTS:0Q7U) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

59FE:Germany FLUX:Belgium

Address

Avenue des Arts 31, Brussels, BEL, B-1040

Website

https://www.fluxys.com

Fluxys Belgium SA is engaged as an operator of the natural gas transmission grid and storage infrastructure in Belgium. The company provides transmission and hub services which include transmitting natural gas to distribution system operators, power stations, and industrial end-users, and also buying and selling on Belgian gas trading places, and storage services which include enabling customers to use buffer capacity according to their use, and LNG terminalling which include loading and unloading LNG carriers, storing LNG, and regasifying it for transmission on the network. Its operating segment includes Transmission; Storage, and Terminalling. The company generates maximum revenue from the Transmission segment.

Fluxys Belgium (LTS:0Q7U) Headlines

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