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Industrial Stars Of Italy 4 SpA (MIL:IN4) EBIT : € Mil (TTM As of Dec. 2022)


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What is Industrial Stars Of Italy 4 SpA EBIT?

Industrial Stars Of Italy 4 SpA's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2022 was €0.35 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Industrial Stars Of Italy 4 SpA's annualized ROC % for the quarter that ended in Dec. 2022 was -242.84%. Industrial Stars Of Italy 4 SpA's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2022 was 15,688.89%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield.

Industrial Stars Of Italy 4 SpA EBIT Historical Data

The historical data trend for Industrial Stars Of Italy 4 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.

Industrial Stars Of Italy 4 SpA EBIT Chart

Industrial Stars Of Italy 4 SpA Annual Data
Trend Dec21 Dec22
EBIT
-0.64 -0.62

Industrial Stars Of Italy 4 SpA Semi-Annual Data
Dec21 Jun22 Dec22
EBIT - -0.97 0.35

Competitive Comparison of Industrial Stars Of Italy 4 SpA's EBIT

For the Shell Companies subindustry, Industrial Stars Of Italy 4 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.

Industrial Stars Of Italy 4 SpA's EV-to-EBIT Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Industrial Stars Of Italy 4 SpA's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Industrial Stars Of Italy 4 SpA's EV-to-EBIT falls into.


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Industrial Stars Of Italy 4 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. 2022 adds up the semi-annually data reported by the company within the most recent 12 months, which was € 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.

Industrial Stars Of Italy 4 SpA  (MIL:IN4) EBIT Explanation

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

Industrial Stars Of Italy 4 SpA's annualized ROC % for the quarter that ended in Dec. 2022 is calculated as:

ROC % (Q: Dec. 2022 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jun. 2022 ) + Invested Capital (Q: Dec. 2022 ))/ count )
=-2.018 * ( 1 - 0% )/( (0.88799999999998 + 0.77400000000003)/ 2 )
=-2.018/0.831
=-242.84 %

where

Invested Capital(Q: Jun. 2022 )
=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))
=139.968 - 0.382 - ( 138.698 - max(0, 0.395 - 139.203+138.698))
=0.88799999999998

Invested Capital(Q: Dec. 2022 )
=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))
=138.019 - 0.349 - ( 136.896 - max(0, 0.361 - 137.632+136.896))
=0.77400000000003

Note: The Operating Income data used here is two times the semi-annual (Dec. 2022) data.

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

Industrial Stars Of Italy 4 SpA's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2022 is calculated as:

ROC (Joel Greenblatt) %(Q: Dec. 2022 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2022  Q: Dec. 2022
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=0.706/( ( (0.005 + max(-0.29199999999999, 0)) + (0.004 + max(1.8429702208778E-14, 0)) )/ 2 )
=0.706/( ( 0.005 + 0.0040000000000184 )/ 2 )
=0.706/0.0045000000000092
=15,688.89 %

where Working Capital is:

Working Capital(Q: Jun. 2022 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0.10300000000001) - (0.382 + 0 + 0.013)
=-0.29199999999999

Working Capital(Q: Dec. 2022 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0.36100000000002) - (0.349 + 0 + 0.012)
=1.8429702208778E-14

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Dec. 2022) EBIT data.

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

Industrial Stars Of Italy 4 SpA's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2022 )
=/-7.618
= %

* 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.

Industrial Stars Of Italy 4 SpA EBIT Related Terms

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Industrial Stars Of Italy 4 SpA Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Industrial Stars Of Italy 4 SpA (MIL:IN4) » Definitions » EBIT
Comparable Companies
Traded in Other Exchanges
N/A
Address
Via XX Settembre 3, Turin, ITA, 10121
Website
https://www.indstars.it
Industrial Stars Of Italy 4 SpA is a special purpose acquisition company.

Industrial Stars Of Italy 4 SpA Headlines

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