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Eviso SpA (MIL:EVISO) EBIT : €4.4 Mil (TTM As of Dec. 2023)


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What is Eviso SpA EBIT?

Eviso SpA's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2023 was €3.7 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was €4.4 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Eviso SpA's annualized ROC % for the quarter that ended in Dec. 2023 was 17.17%. Eviso SpA's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 81.93%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Eviso SpA's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 3.54%.

Eviso SpA EBIT Historical Data

The historical data trend for Eviso 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.

Eviso SpA EBIT Chart

Eviso SpA Annual Data
Trend Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
EBIT
Get a 7-Day Free Trial 1.47 1.67 2.12 2.75 -0.44

Eviso SpA Semi-Annual Data
Jun18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 0.99 1.75 -1.08 0.64 3.75

Competitive Comparison of Eviso SpA's EBIT

For the Utilities - Regulated Electric subindustry, Eviso 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.

Eviso SpA's EV-to-EBIT Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Eviso SpA's EV-to-EBIT distribution charts can be found below:

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


Eviso 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. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was €4.4 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.

Eviso SpA  (MIL:EVISO) EBIT Explanation

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

Eviso SpA'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 )
=7.646 * ( 1 - 29.9% )/( (28.29 + 34.157)/ 2 )
=5.359846/31.2235
=17.17 %

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))
=61.564 - 30.274 - ( 19.646 - max(0, 38.384 - 41.384+19.646))
=28.29

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))
=69.283 - 33.909 - ( 14.497 - max(0, 46.125 - 47.342+14.497))
=34.157

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:

Eviso SpA'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 )
=7.494/( ( (8.135 + max(-13.889, 0)) + (10.158 + max(-10.251, 0)) )/ 2 )
=7.494/( ( 8.135 + 10.158 )/ 2 )
=7.494/9.1465
=81.93 %

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)
=(17.725 + 0 + 2.13) - (30.274 + 0 + 3.47)
=-13.889

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(25.966 + 0 + 5.283) - (33.909 + 0 + 7.591)
=-10.251

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2023 )
=4.389/123.857
=3.54 %

* 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.

Eviso SpA EBIT Related Terms

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Eviso SpA (MIL:EVISO) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Eviso SpA (MIL:EVISO) » Definitions » EBIT
Comparable Companies
MIL:INC MIL:AGA NEE SO DUK LSE:NG. PCG AEP EXC D XEL PEG ED BOM:532555 WEC EIX BOM:532898 FE ETR AEE
Traded in Other Exchanges
6Z8:Germany
Address
Via Silvio Pellico 19, Saluzzo, ITA, 12037
Website
https://www.eviso.it
Eviso SpA specializes in the supply of electricity for small and medium-sized enterprises, farms, shops and restaurants in low voltage and medium voltage. The coverage for the supply of electricity is active in all regions of Italy.

Eviso SpA (MIL:EVISO) Headlines

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