CCC Intelligent Solutions Holdings (FRA:0B1) EBIT : €-23.1 Mil (TTM As of Mar. 2024)

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What is CCC Intelligent Solutions Holdings EBIT?

CCC Intelligent Solutions Holdings's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was €10.7 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was €-23.1 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. CCC Intelligent Solutions Holdings's annualized ROC % for the quarter that ended in Mar. 2024 was 0.14%. CCC Intelligent Solutions Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 21.55%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. CCC Intelligent Solutions Holdings's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was -0.32%.

CCC Intelligent Solutions Holdings EBIT Historical Data

The historical data trend for CCC Intelligent Solutions Holdings'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.

CCC Intelligent Solutions Holdings EBIT Chart

CCC Intelligent Solutions Holdings Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

EBIT

-169.34

45.58

-191.10

83.88

-19.23

CCC Intelligent Solutions Holdings Quarterly Data
	Dec19	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
EBIT	Get a 7-Day Free Trial											14.23	-79.02	-4.45	49.66	10.69

Competitive Comparison of CCC Intelligent Solutions Holdings's EBIT

For the Software - Infrastructure subindustry, CCC Intelligent Solutions Holdings'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.

CCC Intelligent Solutions Holdings's EV-to-EBIT Distribution in the Software Industry

For the Software industry and Technology sector, CCC Intelligent Solutions Holdings's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where CCC Intelligent Solutions Holdings's EV-to-EBIT falls into.

CCC Intelligent Solutions Holdings 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €-23.1 Mil.

CCC Intelligent Solutions Holdings (FRA:0B1) EBIT Explanation

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

CCC Intelligent Solutions Holdings's annualized ROC % for the quarter that ended in Mar. 2024 is calculated as:

	ROC % (Q: Mar. 2024 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Dec. 2023 )	+	Invested Capital (Q: Mar. 2024 ))	/ count )
=	28.692 * ( 1 - 87.65% )	/	( (2586.987	+	2561.099)	/ 2 )
=	3.543462	/	2574.043
=	0.14 %

where

	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	))
=	2797.804	-	31.477	-	( 179.34	-	max(0, 140.216	-	320.949	+	179.34	))
=	2586.987

	Invested Capital		(Q: Mar. 2024 )
=	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	))
=	2781.767	-	44.775	-	( 175.893	-	max(0, 124.978	-	315.727	+	175.893	))
=	2561.099

Note: The Operating Income data used here is four times the quarterly (Mar. 2024) data.

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

CCC Intelligent Solutions Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Mar. 2024 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Dec. 2023		Q: Mar. 2024
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	42.756	/	( ( (175.03 + max(13.306, 0))	+	(179.686 + max(28.781, 0)) )	/	2 )
=	42.756	/	( ( 188.336	+	208.467 )	/	2 )
=	42.756	/	198.4015
=	21.55 %

where Working Capital is:

	Working Capital		(Q: Dec. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(93.869	+	0	+	46.092)	-	(31.477	+	39.951	+	55.227)
=	13.306

	Working Capital		(Q: Mar. 2024 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(93.846	+	0	+	45.988)	-	(44.775	+	41.634	+	24.644)
=	28.781

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2024) EBIT data.

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

CCC Intelligent Solutions Holdings's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Mar. 2024 )
	=	-23.119	/	7140.280
	=	-0.32 %

CCC Intelligent Solutions Holdings EBIT Related Terms

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CCC Intelligent Solutions Holdings (FRA:0B1) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » CCC Intelligent Solutions Holdings Inc (FRA:0B1) » Definitions » EBIT

Comparable Companies

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Traded in Other Exchanges

CCCS:USA

Address

167 North Green Street, 9th Floor, Chicago, IL, USA, 60607

Website

https://www.cccis.com

CCC Intelligent Solutions Holdings Inc is a provider of cloud, mobile, AI, telematics, hyperscale technologies and applications for the property and casualty insurance economy. The company's SaaS platform connects trading partners, facilitates commerce, and supports mission-critical, and AI-enabled digital workflows. The company generate revenue through the sale of software subscriptions and other revenue, primarily from professional services. The company has its presence in United States and China. Majority of the revenue is generated from United States.

CCC Intelligent Solutions Holdings (FRA:0B1) Headlines

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