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Atresmediaoracion de Medios de Comunicacion (XMAD:A3M) EBIT : €159.2 Mil (TTM As of Dec. 2023)


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What is Atresmediaoracion de Medios de Comunicacion EBIT?

Atresmediaoracion de Medios de Comunicacion's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2023 was €77.8 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was €159.2 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Atresmediaoracion de Medios de Comunicacion's annualized ROC % for the quarter that ended in Dec. 2023 was 24.23%. Atresmediaoracion de Medios de Comunicacion's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 79.89%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Atresmediaoracion de Medios de Comunicacion's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 15.14%.


Atresmediaoracion de Medios de Comunicacion EBIT Historical Data

The historical data trend for Atresmediaoracion de Medios de Comunicacion'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.

Atresmediaoracion de Medios de Comunicacion EBIT Chart

Atresmediaoracion de Medios de Comunicacion 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 168.16 43.52 165.30 160.17 159.17

Atresmediaoracion de Medios de Comunicacion 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 69.37 84.94 75.22 81.42 77.76

Competitive Comparison of Atresmediaoracion de Medios de Comunicacion's EBIT

For the Entertainment subindustry, Atresmediaoracion de Medios de Comunicacion'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.


Atresmediaoracion de Medios de Comunicacion's EV-to-EBIT Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Atresmediaoracion de Medios de Comunicacion's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Atresmediaoracion de Medios de Comunicacion's EV-to-EBIT falls into.



Atresmediaoracion de Medios de Comunicacion 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 €159.2 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.


Atresmediaoracion de Medios de Comunicacion  (XMAD:A3M) EBIT Explanation

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

Atresmediaoracion de Medios de Comunicacion'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 )
=152.592 * ( 1 - -46.63% )/( (918.189 + 928.553)/ 2 )
=223.7456496/923.371
=24.23 %

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))
=1468.571 - 320.053 - ( 230.329 - max(0, 487.134 - 787.233+230.329))
=918.189

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))
=1463.723 - 313.113 - ( 222.057 - max(0, 436.418 - 761.983+222.057))
=928.553

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:

Atresmediaoracion de Medios de Comunicacion'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 )
=155.514/( ( (40.369 + max(162.246, 0)) + (40.481 + max(146.2, 0)) )/ 2 )
=155.514/( ( 202.615 + 186.681 )/ 2 )
=155.514/194.648
=79.89 %

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)
=(257.429 + 9.21 + 287.532) - (320.053 + 0 + 71.872)
=162.246

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(257.851 + 8.143 + 271.735) - (313.113 + 0 + 78.416)
=146.2

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:

Atresmediaoracion de Medios de Comunicacion's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2023 )
=159.174/1051.612
=15.14 %

* 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.


Atresmediaoracion de Medios de Comunicacion EBIT Related Terms

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Atresmediaoracion de Medios de Comunicacion (XMAD:A3M) Business Description

Traded in Other Exchanges
Address
Avenida Isla Graciosa 13, San Sebastian de los Reyes, Madrid, ESP, 28703
Atresmedia Corporacion de Medios de Comunicacion SA is a diversified media company primarily operating in the television, radio, and cinema industries. The company has three primary business segments that include television, radio, and other. The television segment operates a network of television channels, while its radio segment operates a chain of radio stations. The company's other business segment produces television shows and television films, promotes events, and offers advertising services. The company generates the majority of its revenue in Spain.

Atresmediaoracion de Medios de Comunicacion (XMAD:A3M) Headlines

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