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Manolete Partners (LSE:MANO) EBIT : £3.12 Mil (TTM As of Sep. 2023)


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What is Manolete Partners EBIT?

Manolete Partners's earnings before interest and taxes (EBIT) for the six months ended in Sep. 2023 was £1.47 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2023 was £3.12 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Manolete Partners's annualized ROC % for the quarter that ended in Sep. 2023 was 7.01%. Manolete Partners's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2023 was 39.40%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Manolete Partners's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2023 was 6.76%.


Manolete Partners EBIT Historical Data

The historical data trend for Manolete Partners'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.

Manolete Partners EBIT Chart

Manolete Partners Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
EBIT
Get a 7-Day Free Trial 6.16 9.74 7.26 4.66 -3.70

Manolete Partners Semi-Annual Data
Mar16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 2.68 1.98 -5.36 1.66 1.47

Competitive Comparison of Manolete Partners's EBIT

For the Consulting Services subindustry, Manolete Partners'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.


Manolete Partners's EV-to-EBIT Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Manolete Partners's EV-to-EBIT distribution charts can be found below:

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



Manolete Partners 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 Sep. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was £3.12 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.


Manolete Partners  (LSE:MANO) EBIT Explanation

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

Manolete Partners's annualized ROC % for the quarter that ended in Sep. 2023 is calculated as:

ROC % (Q: Sep. 2023 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Mar. 2023 ) + Invested Capital (Q: Sep. 2023 ))/ count )
=3.838 * ( 1 - 32.07% )/( (37.21 + 37.148)/ 2 )
=2.6071534/37.179
=7.01 %

where

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

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

Manolete Partners's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2023 is calculated as:

ROC (Joel Greenblatt) %(Q: Sep. 2023 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Mar. 2023  Q: Sep. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=2.936/( ( (0 + max(7.255, 0)) + (0 + max(7.649, 0)) )/ 2 )
=2.936/( ( 7.255 + 7.649 )/ 2 )
=2.936/7.452
=39.40 %

where Working Capital is:

Working Capital(Q: Mar. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(11.83 + 0 + 0.968) - (1.559 + 0 + 3.984)
=7.255

Working Capital(Q: Sep. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(12.561 + 0 + 0.609) - (1.295 + 0 + 4.226)
=7.649

When net working capital is negative, 0 is used.

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

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

Manolete Partners's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2023 )
=3.124/46.246
=6.76 %

* 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.


Manolete Partners EBIT Related Terms

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Manolete Partners (LSE:MANO) Business Description

Traded in Other Exchanges
Address
21 Gloucester Place, London, GBR, W1U 8HR
Manolete Partners PLC is a United Kingdom-based company. The principal activity of the company is the acquisition and funding of insolvency litigation.

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