Econocom Group SE (XBRU:ECONB) EBIT : €106 Mil (TTM As of Dec. 2023)

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What is Econocom Group SE EBIT?

Econocom Group SE's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2023 was €60 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was €106 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Econocom Group SE's annualized ROC % for the quarter that ended in Dec. 2023 was 8.19%. Econocom Group SE's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 85.03%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Econocom Group SE's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 14.39%.

Econocom Group SE EBIT Historical Data

The historical data trend for Econocom Group SE'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.

Econocom Group SE EBIT Chart

Econocom Group SE Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

EBIT

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118.00

101.60

121.70

93.20

106.20

Econocom Group SE 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															70.40	53.00	40.20	46.40	59.80

Competitive Comparison of Econocom Group SE's EBIT

For the Information Technology Services subindustry, Econocom Group SE'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.

Econocom Group SE's EV-to-EBIT Distribution in the Software Industry

For the Software industry and Technology sector, Econocom Group SE's EV-to-EBIT distribution charts can be found below:

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

Econocom Group SE 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 €106 Mil.

Econocom Group SE (XBRU:ECONB) EBIT Explanation

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

Econocom Group SE'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 )
=	152 * ( 1 - 31% )	/	( (1264	+	1298.3)	/ 2 )
=	104.88	/	1281.15
=	8.19 %

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	))
=	2154	-	757	-	( 133	-	max(0, 1120.9	-	1264.4	+	133	))
=	1264

	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	))
=	2279.6	-	824.4	-	( 226.6	-	max(0, 1276.7	-	1433.6	+	226.6	))
=	1298.3

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:

Econocom Group SE'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 )
=	119.6	/	( ( (94.7 + max(98.7, 0))	+	(85.9 + max(1.9999999999999, 0)) )	/	2 )
=	119.6	/	( ( 193.4	+	87.9 )	/	2 )
=	119.6	/	140.65
=	85.03 %

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)
=	(806.1	+	89.4	+	180.3)	-	(757	+	0	+	220.1)
=	98.7

	Working Capital		(Q: Dec. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(726.4	+	80.1	+	339.6)	-	(824.4	+	0	+	319.7)
=	1.9999999999999

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:

Econocom Group SE's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Dec. 2023 )
	=	106.2	/	738.156
	=	14.39 %

Econocom Group SE EBIT Related Terms

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Econocom Group SE (XBRU:ECONB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Econocom Group SE (XBRU:ECONB) » Definitions » EBIT

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Traded in Other Exchanges

0RPX:UK 1E91:Germany

Address

11 square Leon Blum, Puteaux, FRA, 92800

Website

https://www.econocom.com

Econocom Group SE Formerly Econocom Group SA/NV is a European company that designs, finances, and oversees the digital transformation of businesses. The company provides consulting technology management, and financing of digital assets under the Econocom and Atlance brands, as well as application and digital solution services for client companies' IT systems. Additionally, Econocom provides security guidelines and tools, web and mobile applications, and project financing. The company generates revenue from France, Benelux, and other regions in Europe and the Americas, with France representing more than half of total sales. The company operates through three segments: Technology management and financing and Digital Services & Solutions.

Econocom Group SE (XBRU:ECONB) Headlines

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