Allfunds Group (XAMS:ALLFG) EBIT : €167 Mil (TTM As of Dec. 2023)

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What is Allfunds Group EBIT?

Allfunds Group's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2023 was €96 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was €167 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Allfunds Group's annualized ROC % for the quarter that ended in Dec. 2023 was 1.11%. Allfunds Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 624.78%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Allfunds Group's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 4.40%.

Allfunds Group EBIT Historical Data

The historical data trend for Allfunds Group'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.

Allfunds Group EBIT Chart

Allfunds Group Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

EBIT

-17.69

21.19

87.42

89.84

167.03

Allfunds Group Semi-Annual Data
	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
EBIT	Get a 7-Day Free Trial				67.28	57.83	32.01	70.87	96.16

Competitive Comparison of Allfunds Group's EBIT

For the Asset Management subindustry, Allfunds Group'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.

Allfunds Group's EV-to-EBIT Distribution in the Asset Management Industry

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

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

Allfunds Group 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 €167 Mil.

Allfunds Group (XAMS:ALLFG) EBIT Explanation

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

Allfunds Group'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 )
=	101.904 * ( 1 - 42.41% )	/	( (5557.817	+	5032.42)	/ 2 )
=	58.6865136	/	5295.1185
=	1.11 %

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	))
=	6024.699	-	56.987	-	( 2736.741	-	max(0, 3227.454	-	3637.349	+	2736.741	))
=	5557.817

	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	))
=	5570.223	-	78.163	-	( 2256.445	-	max(0, 2619.567	-	3079.207	+	2256.445	))
=	5032.42

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:

Allfunds Group'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 )
=	192.312	/	( ( (30.283 + max(-401.73, 0))	+	(31.279 + max(-531.239, 0)) )	/	2 )
=	192.312	/	( ( 30.283	+	31.279 )	/	2 )
=	192.312	/	30.781
=	624.78 %

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)
=	(206.142	+	0	+	36.08)	-	(56.987	+	0	+	586.965)
=	-401.73

	Working Capital		(Q: Dec. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(133.129	+	0	+	22.494)	-	(78.163	+	0	+	608.699)
=	-531.239

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:

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

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Dec. 2023 )
	=	167.025	/	3794.374
	=	4.40 %

Allfunds Group EBIT Related Terms

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Allfunds Group (XAMS:ALLFG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Allfunds Group PLC (XAMS:ALLFG) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

ALLFGa:UK 0AAL:UK 6UY:Germany

Address

8 Mortimer Street, 2 Fitzroy Place, London, GBR, W1T 3JJ

Website

https://investors.allfunds.com

Allfunds is a fund distribution platform connecting fund houses and distributors, creating a single access point for both sides to gain a wider reach with regard to assets under administration and fund variety, respectively. As of 2022, Allfunds had EUR 1.3 trillion in assets under administration stemming from about 860 distributors on its platform. In return, distributors gained access to about 139,000 funds from 3,000 different fund houses. Allfunds also provides ancillary services to both fund houses and distributors, covering the marketing, distribution, legal, regulatory, as well as data and analytics needs arising in the fund distribution space. Allfunds derives the majority of its revenue from Italy, Spain, and France.

Allfunds Group (XAMS:ALLFG) Headlines

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