GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Kitwave Group PLC (LSE:KITW) » Definitions » EBIT

Kitwave Group (LSE:KITW) EBIT : £29.4 Mil (TTM As of Oct. 2023)


View and export this data going back to 2021. Start your Free Trial

What is Kitwave Group EBIT?

Kitwave Group's earnings before interest and taxes (EBIT) for the six months ended in Oct. 2023 was £19.1 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Oct. 2023 was £29.4 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Kitwave Group's annualized ROC % for the quarter that ended in Oct. 2023 was 19.65%. Kitwave Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Oct. 2023 was 53.21%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Kitwave Group's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Oct. 2023 was 9.51%.

Kitwave Group EBIT Historical Data

The historical data trend for Kitwave Group'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.

Kitwave Group EBIT Chart

Kitwave Group Annual Data
Trend Apr18 Apr19 Oct21 Oct22 Oct23
EBIT
8.21 8.82 4.04 20.38 29.36

Kitwave Group Semi-Annual Data
Apr18 Apr19 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23
EBIT Get a 7-Day Free Trial 3.25 6.69 13.69 10.22 19.15

Competitive Comparison of Kitwave Group's EBIT

For the Food Distribution subindustry, Kitwave Group'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.

Kitwave Group's EV-to-EBIT Distribution in the Retail - Defensive Industry

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

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


Kitwave Group 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 Oct. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was £29.4 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.

Kitwave Group  (LSE:KITW) EBIT Explanation

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

Kitwave Group's annualized ROC % for the quarter that ended in Oct. 2023 is calculated as:

ROC % (Q: Oct. 2023 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Apr. 2023 ) + Invested Capital (Q: Oct. 2023 ))/ count )
=38.242 * ( 1 - 24.11% )/( (139.505 + 155.866)/ 2 )
=29.0218538/147.6855
=19.65 %

where

Invested Capital(Q: Apr. 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))
=221.533 - 78.74 - ( 3.288 - max(0, 101.455 - 114.445+3.288))
=139.505

Invested Capital(Q: Oct. 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))
=209.585 - 53.046 - ( 0.673 - max(0, 76.997 - 99.652+0.673))
=155.866

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

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

Kitwave Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Oct. 2023 is calculated as:

ROC (Joel Greenblatt) %(Q: Oct. 2023 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Apr. 2023  Q: Oct. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=38.294/( ( (42.979 + max(32.417, 0)) + (46.33 + max(22.205, 0)) )/ 2 )
=38.294/( ( 75.396 + 68.535 )/ 2 )
=38.294/71.9655
=53.21 %

where Working Capital is:

Working Capital(Q: Apr. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(65.388 + 45.769 + -1.4210854715202E-14) - (78.74 + 0 + 0)
=32.417

Working Capital(Q: Oct. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(50.985 + 35.41 + 0) - (53.046 + 0 + 11.144)
=22.205

When net working capital is negative, 0 is used.

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

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

Kitwave Group's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Oct. 2023 )
=29.363/308.698
=9.51 %

* 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.

Kitwave Group EBIT Related Terms

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

Kitwave Group (LSE:KITW) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Kitwave Group PLC (LSE:KITW) » Definitions » EBIT
Comparable Companies
LSE:RFG SYY XLIS:JMT LSE:BNZL USFD PFGC BKK:CPAXT JSE:BID BSP:CRFB3 SGX:VC2 ADX:GHITHA XTER:B4B ASX:MTS ANDE SZSE:000061 XKRX:026960 JSE:SPP TSE:7451 SAU:4162 TSE:9869
Traded in Other Exchanges
8R9:Germany
Address
Narvik Way, Unit S3, Tyne Tunnel Estate, North Shields, Tyne & Wear, GBR, NE29 7XJ
Website
https://www.kitwave.co.uk
Kitwave Group PLC is an independent, delivered wholesale business that supports delivery throughout the UK, specializing in selling impulse products such as confectionery, soft drinks, snacks, ice cream, frozen and chilled foods, alcohol, groceries, and tobacco. The company's reportable segments include Ambient, Frozen and chilled, and Foodservice.

Kitwave Group (LSE:KITW) Headlines

No Headlines