BFC Media SpA (MIL:BFC) EBIT : €-2.82 Mil (TTM As of Dec. 2022)

View and export this data going back to 2015. Start your Free Trial

What is BFC Media SpA EBIT?

BFC Media SpA's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2022 was €-3.38 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2022 was €-2.82 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. BFC Media SpA's annualized ROC % for the quarter that ended in Dec. 2022 was -44.69%. BFC Media SpA's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2022 was -2,986.31%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. BFC Media SpA's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2022 was -14.98%.

BFC Media SpA EBIT Historical Data

The historical data trend for BFC Media SpA'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.

BFC Media SpA EBIT Chart

BFC Media SpA Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

EBIT

Get a 7-Day Free Trial

0.10

0.35

0.45

0.39

-2.82

BFC Media SpA Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22
EBIT	Get a 7-Day Free Trial												0.18	0.81	-0.43	0.56	-3.38

Competitive Comparison of BFC Media SpA's EBIT

For the Publishing subindustry, BFC Media SpA'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.

BFC Media SpA's EV-to-EBIT Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, BFC Media SpA's EV-to-EBIT distribution charts can be found below:

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

BFC Media SpA 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. 2022 adds up the semi-annually data reported by the company within the most recent 12 months, which was €-2.82 Mil.

BFC Media SpA (MIL:BFC) EBIT Explanation

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

BFC Media SpA's annualized ROC % for the quarter that ended in Dec. 2022 is calculated as:

	ROC % (Q: Dec. 2022 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Jun. 2022 )	+	Invested Capital (Q: Dec. 2022 ))	/ count )
=	-6.692 * ( 1 - 24.31% )	/	( (7.772	+	14.895)	/ 2 )
=	-5.0651748	/	11.3335
=	-44.69 %

where

	Invested Capital		(Q: Jun. 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	))
=	13.631	-	5.216	-	( 1.757	-	max(0, 5.218	-	5.861	+	1.757	))
=	7.772

	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	))
=	18.28	-	4.767	-	( 3.141	-	max(0, 10.405	-	9.023	+	3.141	))
=	14.895

Note: The Operating Income data used here is two times the semi-annual (Dec. 2022) data.

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

BFC Media SpA's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2022 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Dec. 2022 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Jun. 2022		Q: Dec. 2022
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	-6.764	/	( ( (0.154 + max(-1.148, 0))	+	(0.299 + max(-0.118, 0)) )	/	2 )
=	-6.764	/	( ( 0.154	+	0.299 )	/	2 )
=	-6.764	/	0.2265
=	-2,986.31 %

where Working Capital is:

	Working Capital		(Q: Jun. 2022 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(3.861	+	0.093	+	0.114)	-	(5.216	+	0	+	0)
=	-1.148

	Working Capital		(Q: Dec. 2022 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(4.218	+	0.098	+	1.232)	-	(4.767	+	0	+	0.899)
=	-0.118

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Dec. 2022) EBIT data.

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

BFC Media SpA's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Dec. 2022 )
	=	-2.819	/	18.822
	=	-14.98 %

BFC Media SpA EBIT Related Terms

Thank you for viewing the detailed overview of BFC Media SpA's EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.

BFC Media SpA (MIL:BFC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » BFC Media SpA (MIL:BFC) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

N/A

Address

Via Melchiorre Gioia, 55, Milan, ITA, 20124

Website

https://www.bfcmedia.com

BFC Media SpA is an independent publishing house based in Milan that provides information on personal business and investment products, relating to the world of asset management and distribution. The company's brands include Forbes, Bluerating, Gooruf, ITE among others.