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Norconsult ASA (OSL:NORCO) EBIT : kr717 Mil (TTM As of Dec. 2023)


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What is Norconsult ASA EBIT?

Norconsult ASA's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2023 was kr209 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was kr717 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Norconsult ASA's annualized ROC % for the quarter that ended in Dec. 2023 was 5.89%. Norconsult ASA's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 24.55%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Norconsult ASA's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 7.11%.


Norconsult ASA EBIT Historical Data

The historical data trend for Norconsult ASA'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.

Norconsult ASA EBIT Chart

Norconsult ASA Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
EBIT
467.01 433.71 511.00 645.00 717.00

Norconsult ASA Semi-Annual Data
Dec19 Dec20 Dec21 Jun22 Dec22 Jun23 Dec23
EBIT Get a 7-Day Free Trial - 423.00 222.00 508.00 209.00

Competitive Comparison of Norconsult ASA's EBIT

For the Engineering & Construction subindustry, Norconsult ASA'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.


Norconsult ASA's EV-to-EBIT Distribution in the Construction Industry

For the Construction industry and Industrials sector, Norconsult ASA's EV-to-EBIT distribution charts can be found below:

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



Norconsult ASA 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 kr717 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.


Norconsult ASA  (OSL:NORCO) EBIT Explanation

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

Norconsult ASA'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 )
=392 * ( 1 - 26.32% )/( (5338 + 4462)/ 2 )
=288.8256/4900
=5.89 %

where

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:

Norconsult ASA'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 )
=418/( ( (1701 + max(-913, 0)) + (1704 + max(-641, 0)) )/ 2 )
=418/( ( 1701 + 1704 )/ 2 )
=418/1702.5
=24.55 %

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)
=(1315 + 0 + 340) - (438 + 0 + 2130)
=-913

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1769 + 0 + 220) - (1372 + 0 + 1258)
=-641

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2023 )
=717/10080.784
=7.11 %

* 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.


Norconsult ASA EBIT Related Terms

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Norconsult ASA (OSL:NORCO) Business Description

Comparable Companies
Traded in Other Exchanges
Address
Vestfjordgaten 4, Sandvika, NOR, 1338
Norconsult ASA is principally engaged in the provision of planning and consultancy services for all phases of social planning, engineering design and architecture projects. The Group also develops and distributes complete IT solutions for project, building and facility management for infrastructure and property.

Norconsult ASA (OSL:NORCO) Headlines

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