Nido Education (ASX:NDO) EBIT : A$ Mil (TTM As of Dec. 2023)

View and export this data going back to 2023. Start your Free Trial

What is Nido Education EBIT?

Nido Education's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2023 was A$-20.90 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Nido Education's annualized ROC % for the quarter that ended in Dec. 2023 was -5.87%. Nido Education's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -34.12%.

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

Nido Education EBIT Historical Data

The historical data trend for Nido Education'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.

Nido Education EBIT Chart

Nido Education Annual Data

Trend

Dec22

Dec23

EBIT

-7.97

-20.35

Nido Education Semi-Annual Data
	Dec22	Jun23	Dec23
EBIT	-	0.56	-20.90

Competitive Comparison of Nido Education's EBIT

For the Education & Training Services subindustry, Nido Education'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.

Nido Education's EV-to-EBIT Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, Nido Education's EV-to-EBIT distribution charts can be found below:

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

Nido Education 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 A$ Mil.

Nido Education (ASX:NDO) EBIT Explanation

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

Nido Education'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 )
=	-15.852 * ( 1 - 15.33% )	/	( (109.68	+	347.374)	/ 2 )
=	-13.4218884	/	228.527
=	-5.87 %

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	))
=	101.04	-	4.218	-	( 1.714	-	max(0, 18.707	-	5.849	+	1.714	))
=	109.68

	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	))
=	323.883	-	7.035	-	( 25.569	-	max(0, 61.158	-	30.632	+	25.569	))
=	347.374

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:

Nido Education'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 )
=	-41.806	/	( ( (87.457 + max(-4.155, 0))	+	(157.582 + max(-21.399, 0)) )	/	2 )
=	-41.806	/	( ( 87.457	+	157.582 )	/	2 )
=	-41.806	/	122.5195
=	-34.12 %

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)
=	(3.116	+	0	+	1.019)	-	(4.218	+	0	+	4.072)
=	-4.155

	Working Capital		(Q: Dec. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(1.83	+	0	+	1.11)	-	(7.035	+	0	+	17.304)
=	-21.399

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:

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

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Dec. 2023 )
	=		/	366.249
	=	%

Nido Education EBIT Related Terms

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

Nido Education (ASX:NDO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » Nido Education Ltd (ASX:NDO) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

N/A

Address

1 Park Avenue, Suite 3, Drummoyne, NSW, AUS, 2047

Website

https://nidoeducation.edu.au

Nido Education Ltd is a company engaged in long day early childhood education and care services across Australia. It offers exceptional education and care for children, from six weeks, through to school age, in a safe, comfortable, nurturing and peaceful environment.

Nido Education (ASX:NDO) Headlines

No Headlines