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Investment AB Latour (OSTO:LATO B) EBIT : kr6,955 Mil (TTM As of Mar. 2024)


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What is Investment AB Latour EBIT?

Investment AB Latour's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was kr2,257 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was kr6,955 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Investment AB Latour's annualized ROC % for the quarter that ended in Mar. 2024 was 5.19%. Investment AB Latour's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 111.77%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Investment AB Latour's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 3.38%.


Investment AB Latour EBIT Historical Data

The historical data trend for Investment AB Latour'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.

Investment AB Latour EBIT Chart

Investment AB Latour Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5,793.00 5,839.00 5,057.00 4,939.00 7,023.00

Investment AB Latour Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 2,328.00 2,232.00 836.00 1,630.00 2,257.00

Competitive Comparison of Investment AB Latour's EBIT

For the Asset Management subindustry, Investment AB Latour'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.


Investment AB Latour's EV-to-EBIT Distribution in the Asset Management Industry

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

* The bar in red indicates where Investment AB Latour's EV-to-EBIT falls into.



Investment AB Latour 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was kr6,955 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.


Investment AB Latour  (OSTO:LATO B) EBIT Explanation

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

Investment AB Latour's annualized ROC % for the quarter that ended in Mar. 2024 is calculated as:

ROC % (Q: Mar. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2023 ) + Invested Capital (Q: Mar. 2024 ))/ count )
=3272 * ( 1 - 7.43% )/( (55914 + 60859)/ 2 )
=3028.8904/58386.5
=5.19 %

where

Note: The Operating Income data used here is four times the quarterly (Mar. 2024) data.

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

Investment AB Latour's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2023  Q: Mar. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=9028/( ( (3469 + max(4038, 0)) + (3620 + max(5027, 0)) )/ 2 )
=9028/( ( 7507 + 8647 )/ 2 )
=9028/8077
=111.77 %

where Working Capital is:

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(4033 + 4519 + 362) - (2116 + 0 + 2760)
=4038

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(5759 + 4759 + 0) - (0 + 0 + 5491)
=5027

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2024) EBIT data.

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

Investment AB Latour's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=6955/206073.206
=3.38 %

* 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.


Investment AB Latour EBIT Related Terms

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Investment AB Latour (OSTO:LATO B) Business Description

Traded in Other Exchanges
Address
J A Wettergrens Gata 7, P.O. Box 336, Gothenburg, SWE, 401 25
Investment AB Latour is an investment holding company that makes investments in wholly owned industrial operations and a portfolio of securities. Latour has a long-term and activist orientation, with the vast majority of its total net asset value deriving from companies that have been in its portfolio for more than 20 years. The company measures its performance against its benchmark, the Stockholm Stock Exchange's total return index. Its criterion is to invest in companies that have their own products that meet growing international demand. Latour specifically evaluates four trends: demographic development, sustainability, globalization, and competition for limited resources.

Investment AB Latour (OSTO:LATO B) Headlines

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