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Grupo ElektraB de CV (Grupo ElektraB de CV) EBIT : $972 Mil (TTM As of Mar. 2024)


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What is Grupo ElektraB de CV EBIT?

Grupo ElektraB de CV's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was $238 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was $972 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Grupo ElektraB de CV's annualized ROC % for the quarter that ended in Mar. 2024 was 2.77%. Grupo ElektraB de CV's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 48.12%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Grupo ElektraB de CV's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was -23.05%.


Grupo ElektraB de CV EBIT Historical Data

The historical data trend for Grupo ElektraB de CV'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.

Grupo ElektraB de CV EBIT Chart

Grupo ElektraB de CV 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 1,415.89 89.84 1,087.71 -294.35 864.36

Grupo ElektraB de CV Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 116.39 494.28 68.23 171.48 238.13

Competitive Comparison of Grupo ElektraB de CV's EBIT

For the Financial Conglomerates subindustry, Grupo ElektraB de CV'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.


Grupo ElektraB de CV's EV-to-EBIT Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Grupo ElektraB de CV's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Grupo ElektraB de CV's EV-to-EBIT falls into.



Grupo ElektraB de CV 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 $972 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.


Grupo ElektraB de CV  (OTCPK:GLEKY) EBIT Explanation

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

Grupo ElektraB de CV'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 )
=977.328 * ( 1 - 30.91% )/( (24436.551 + 24276.32)/ 2 )
=675.2359152/24356.4355
=2.77 %

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))
=26170.408 - 3691.16 - ( 7343.78 - max(0, 17925.071 - 15967.768+7343.78))
=24436.551

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))
=26990.607 - 4978.171 - ( 8530.659 - max(0, 18809.665 - 16545.781+8530.659))
=24276.32

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

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

Grupo ElektraB de CV'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 )
=952.504/( ( (1971.433 + max(-8833.409, 0)) + (1987.075 + max(-10032.082, 0)) )/ 2 )
=952.504/( ( 1971.433 + 1987.075 )/ 2 )
=952.504/1979.254
=48.12 %

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)
=(187.891 + 984.016 + 7452.081) - (3691.16 + 0 + 13766.237)
=-8833.409

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 1052.647 + 6962.475) - (4978.171 + 0 + 13069.033)
=-10032.082

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:

Grupo ElektraB de CV's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=972.111/-4217.922
=-23.05 %

* 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.


Grupo ElektraB de CV EBIT Related Terms

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Grupo ElektraB de CV (Grupo ElektraB de CV) Business Description

Traded in Other Exchanges
Address
Av Ferrocarril de Rio Frio, N 419-CJ Col Fraccionamiento, Industrial del Moral, Mexico DF, MEX
Grupo Elektra SAB de CV is a Mexican specialty retailer and financial services provider. It operates in South and Central America and the United States. The firm's main customers are found at the base of the socioeconomic pyramid. The firm's operations are split into the commercial division and the financial division. The commercial division offers electronics, appliances, and furniture, among other things. The financial division includes Banco Azteca (Mexico, Guatemala, El Salvador, Honduras, Peru), Advance America (U.S.), Afore Azteca, Seguros Azteca, and Punto Casa de Bolsa.

Grupo ElektraB de CV (Grupo ElektraB de CV) Headlines