RM Rheiner Management AG (FRA:RMO) EBIT : €0.03 Mil (TTM As of Jun. 2023)

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What is RM Rheiner Management AG EBIT?

RM Rheiner Management AG's earnings before interest and taxes (EBIT) for the six months ended in Jun. 2023 was €-0.20 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2023 was €0.03 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. RM Rheiner Management AG's annualized ROC % for the quarter that ended in Jun. 2023 was 27.74%. RM Rheiner Management AG's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2023 was -481.93%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. RM Rheiner Management AG's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2023 was 0.88%.

RM Rheiner Management AG EBIT Historical Data

The historical data trend for RM Rheiner Management 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.

RM Rheiner Management AG EBIT Chart

RM Rheiner Management AG Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

EBIT

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-0.46

0.29

2.18

0.98

0.48

RM Rheiner Management AG Semi-Annual Data
	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
EBIT	Get a 7-Day Free Trial															0.30	0.68	0.25	0.23	-0.20

Competitive Comparison of RM Rheiner Management AG's EBIT

For the Asset Management subindustry, RM Rheiner Management 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.

RM Rheiner Management AG's EV-to-EBIT Distribution in the Asset Management Industry

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

* The bar in red indicates where RM Rheiner Management AG's EV-to-EBIT falls into.

RM Rheiner Management 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.

EBIT for the trailing twelve months (TTM) ended in Jun. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was €0.03 Mil.

RM Rheiner Management AG (FRA:RMO) EBIT Explanation

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

RM Rheiner Management AG's annualized ROC % for the quarter that ended in Jun. 2023 is calculated as:

	ROC % (Q: Jun. 2023 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Dec. 2022 )	+	Invested Capital (Q: Jun. 2023 ))	/ count )
=	0.666 * ( 1 - -1.49% )	/	( (2.675	+	2.198)	/ 2 )
=	0.6759234	/	2.4365
=	27.74 %

where

	Invested Capital		(Q: Dec. 2022 )
=	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	))
=	8.676	-	0	-	( 6.001	-	max(0, 0	-	6.033	+	6.001	))
=	2.675

	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	))
=	8.883	-	0	-	( 6.685	-	max(0, 0	-	6.819	+	6.685	))
=	2.198

Note: The Operating Income data used here is two times the semi-annual (Jun. 2023) data.

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

RM Rheiner Management AG's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2023 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Jun. 2023 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Dec. 2022		Q: Jun. 2023
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	-0.4	/	( ( (0 + max(0.032, 0))	+	(0 + max(0.134, 0)) )	/	2 )
=	-0.4	/	( ( 0.032	+	0.134 )	/	2 )
=	-0.4	/	0.083
=	-481.93 %

where Working Capital is:

	Working Capital		(Q: Dec. 2022 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0	+	0	+	0.032)	-	(0	+	0	+	0)
=	0.032

	Working Capital		(Q: Jun. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0	+	0	+	0.134)	-	(0	+	0	+	0)
=	0.134

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Jun. 2023) EBIT data.

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

RM Rheiner Management AG's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Jun. 2023 )
	=	0.029	/	3.300
	=	0.88 %

RM Rheiner Management AG EBIT Related Terms

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RM Rheiner Management AG (FRA:RMO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » RM Rheiner Management AG (FRA:RMO) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

N/A

Address

Friesenstrasse 50, Cologne, DEU, 50670

Website

http://www.rheiner-management.de

RM Rheiner Management AG is active within the investment sector. The company focuses on special situations including structural measures of companies listed on the stock exchange.

Executives

Dr. Georg Issels

Board of Directors