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Kabel Deutschland AG (FRA:KD8V) EBIT : €855 Mil (TTM As of Mar. 2021)


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What is Kabel Deutschland AG EBIT?

Kabel Deutschland AG's earnings before interest and taxes (EBIT) for the six months ended in Mar. 2021 was €855 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2021 was €855 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Kabel Deutschland AG's annualized ROC % for the quarter that ended in Mar. 2021 was 12.67%. Kabel Deutschland AG's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2021 was 26.43%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Kabel Deutschland AG's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2021 was 11.17%.


Kabel Deutschland AG EBIT Historical Data

The historical data trend for Kabel Deutschland AG'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.

Kabel Deutschland AG EBIT Chart

Kabel Deutschland AG Annual Data
Trend Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 477.57 758.11 535.23 677.13 855.48

Kabel Deutschland AG Semi-Annual Data
Mar04 Mar05 Mar06 Mar07 Mar08 Mar09 Mar10 Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21
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 477.57 758.11 535.23 677.13 855.48

Competitive Comparison of Kabel Deutschland AG's EBIT

For the Entertainment subindustry, Kabel Deutschland AG'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.


Kabel Deutschland AG's EV-to-EBIT Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Kabel Deutschland AG's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Kabel Deutschland AG's EV-to-EBIT falls into.



Kabel Deutschland AG 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.

For stock reported annually, GuruFocus uses latest annual data as the TTM data. EBIT for the trailing twelve months (TTM) ended in Mar. 2021 was €855 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.


Kabel Deutschland AG  (FRA:KD8V) EBIT Explanation

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

Kabel Deutschland AG's annualized ROC % for the quarter that ended in Mar. 2021 is calculated as:

ROC % (Q: Mar. 2021 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Mar. 2020 ) + Invested Capital (Q: Mar. 2021 ))/ count )
=854.976 * ( 1 - 31.68% )/( (4749.067 + 4473.526)/ 2 )
=584.1196032/4611.2965
=12.67 %

where

Invested Capital(Q: Mar. 2021 )
=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))
=4153.164 - 1213.055 - ( 1.933 - max(0, 1763.21 - 229.793+1.933))
=4473.526

Note: The Operating Income data used here is one times the annual (Mar. 2021) data.

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

Kabel Deutschland AG's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2021 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2021 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Mar. 2020  Q: Mar. 2021
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=855.477/( ( (3241.431 + max(-1119.051, 0)) + (3231.179 + max(-1379.951, 0)) )/ 2 )
=855.477/( ( 3241.431 + 3231.179 )/ 2 )
=855.477/3236.305
=26.43 %

where Working Capital is:

Working Capital(Q: Mar. 2020 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(93.946 + 22.298 + 144.118) - (961.379 + 0 + 418.034)
=-1119.051

Working Capital(Q: Mar. 2021 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(95.184 + 33.858 + 98.818) - (1213.055 + 0 + 394.756)
=-1379.951

When net working capital is negative, 0 is used.

Note: The EBIT data used here is one times the annual (Mar. 2021) EBIT data.

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

Kabel Deutschland AG's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2021 )
=855.477/7657.234
=11.17 %

* 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.


Kabel Deutschland AG EBIT Related Terms

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Kabel Deutschland AG (FRA:KD8V) Business Description

Traded in Other Exchanges
N/A
Address
Betastrasse 6 - 8, Unterfoehring, DEU, 85774
Kabel Deutschland is a triple play cable network operator and holding company. Its primary revenue segments are TV Business and Internet and Phone Business. The TV Business segment offers subscribers basic cable- and premium-TV products. Revenue is generated through monthly subscription fees. The Internet and Phone business is primarily involved with providing broadband Internet as well as fixed-line and mobile phone services. Like the TV Business segment, revenue is earned through monthly subscription fees. The company's infrastructure comes in the form of hybrid fibre coaxial cables. Kabel Deustchland is majority owned by Vodafone and generates the majority of its revenue in Germany.

Kabel Deutschland AG (FRA:KD8V) Headlines

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