GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » OPmobility (OTCPK:PASTF) » Definitions » EBIT

OPmobility (OPmobility) EBIT : $260 Mil (TTM As of Dec. 2023)


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

What is OPmobility EBIT?

OPmobility's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2023 was $99 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was $260 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. OPmobility's annualized ROC % for the quarter that ended in Dec. 2023 was 4.01%. OPmobility's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 9.63%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. OPmobility's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 7.46%.


OPmobility EBIT Historical Data

The historical data trend for OPmobility'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.

OPmobility EBIT Chart

OPmobility 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 418.78 -334.29 230.75 261.72 260.94

OPmobility 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 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 13.69 150.77 110.63 160.85 99.04

Competitive Comparison of OPmobility's EBIT

For the Auto Parts subindustry, OPmobility'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.


OPmobility's EV-to-EBIT Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, OPmobility's EV-to-EBIT distribution charts can be found below:

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



OPmobility 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 $260 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.


OPmobility  (OTCPK:PASTF) EBIT Explanation

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

OPmobility'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 )
=374.096 * ( 1 - 27.63% )/( (6311.641 + 7182.017)/ 2 )
=270.7332752/6746.829
=4.01 %

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))
=8328.211 - 2826.127 - ( 666.157 - max(0, 4430.504 - 3620.947+666.157))
=6311.641

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))
=8232.311 - 2535.257 - ( 695.136 - max(0, 4810.748 - 3325.785+695.136))
=7182.017

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:

OPmobility'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 )
=198.086/( ( (2062.885 + max(-792.05, 0)) + (2050.328 + max(-882.366, 0)) )/ 2 )
=198.086/( ( 2062.885 + 2050.328 )/ 2 )
=198.086/2056.6065
=9.63 %

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)
=(1402.115 + 970.051 + 404.523) - (2826.127 + 0 + 742.612)
=-792.05

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1105.537 + 1042.29 + 345.641) - (2535.257 + 0 + 840.577)
=-882.366

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2023 )
=259.891/3485.813
=7.46 %

* 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.


OPmobility EBIT Related Terms

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


OPmobility (OPmobility) Business Description

Traded in Other Exchanges
Address
1, Allee Pierre-Burelle, Levallois-Perret, Paris, FRA, 92300
Plastic Omnium is a producer and supplier of automotive body parts and fuel systems. The company operates two business segments: Plastic Omnium Industries and Plastic Omnium Modules. The Industries division manufactures and sells automotive body parts, such as bumpers and tailgates, and fuel systems, including clean energy systems, exclusively to carmakers. The Modules division includes front-end modules assembly and logistics. The company owns a controlling stake in HBPO, which develops and distributes complex automotive technological elements. The company operates in Europe, North America, Asia, South America, and Africa, with carmakers as its main clients. Plastic Omnium generates the majority of its revenue in Europe and North America.

OPmobility (OPmobility) Headlines

From GuruFocus