HELLA GmbH KGaA (LUX:HLE) EBIT : €464 Mil (TTM As of Mar. 2024)

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What is HELLA GmbH KGaA EBIT?

HELLA GmbH KGaA's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was €110 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was €464 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. HELLA GmbH KGaA's annualized ROC % for the quarter that ended in Mar. 2024 was 6.67%. HELLA GmbH KGaA's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 18.75%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. HELLA GmbH KGaA's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 4.94%.

HELLA GmbH KGaA EBIT Historical Data

The historical data trend for HELLA GmbH KGaA'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.

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HELLA GmbH KGaA EBIT Chart

HELLA GmbH KGaA Annual Data

Trend

May14

May15

May16

May17

May18

May19

May20

May21

May22

Dec23

EBIT

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807.32

-346.17

473.14

279.57

472.67

HELLA GmbH KGaA Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Mar23	Jun23	Sep23	Dec23	Mar24
EBIT	Get a 7-Day Free Trial															118.31	142.77	276.36	-64.77	110.01

Competitive Comparison of HELLA GmbH KGaA's EBIT

For the Auto Parts subindustry, HELLA GmbH KGaA'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.

HELLA GmbH KGaA's EV-to-EBIT Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, HELLA GmbH KGaA's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where HELLA GmbH KGaA's EV-to-EBIT falls into.

HELLA GmbH KGaA 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 €464 Mil.

HELLA GmbH KGaA (LUX:HLE) EBIT Explanation

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

HELLA GmbH KGaA'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 )
=	381.964 * ( 1 - 19.3% )	/	( (4507.389	+	4736.845)	/ 2 )
=	308.244948	/	4622.117
=	6.67 %

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	))
=	7061.644	-	1478.925	-	( 1194.359	-	max(0, 2681.579	-	3756.909	+	1194.359	))
=	4507.389

	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	))
=	7577.22	-	1523.73	-	( 1390.978	-	max(0, 2901.882	-	4218.527	+	1390.978	))
=	4736.845

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

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

HELLA GmbH KGaA'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 )
=	440.044	/	( ( (2247.591 + max(149.92, 0))	+	(2296.147 + max(-452.234, 0)) )	/	2 )
=	440.044	/	( ( 2397.511	+	2296.147 )	/	2 )
=	440.044	/	2346.829
=	18.75 %

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)
=	(923.065	+	1124.531	+	371.922)	-	(1478.925	+	0	+	790.673)
=	149.92

	Working Capital		(Q: Mar. 2024 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(1099.123	+	1223.539	+	126.986)	-	(1523.73	+	0	+	1378.152)
=	-452.234

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:

HELLA GmbH KGaA's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Mar. 2024 )
	=	464.37	/	9391.090
	=	4.94 %

HELLA GmbH KGaA EBIT Related Terms

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HELLA GmbH KGaA (LUX:HLE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » HELLA GmbH & Co KGaA (LUX:HLE) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

0R3U:UK HLE:Germany HLE:Austria

Address

Rixbecker Strasse 75, Lippstadt, NW, DEU, 59552

Website

https://www.hella.com

HELLA GmbH & Co KGaA is a manufacturer of lighting and electronic components and systems for the automotive industry. The company also produces complete vehicle modules, air-conditioning systems, and vehicle electrical systems in its joint-venture companies, as well as products for specialist vehicles. Further, Hella operates a trade organisation for automotive parts, accessories, diagnosis, and services in Europe. The company is controlled through a pooled family majority shareholding in the group. The company has three reportable segments which are Lighting, Electronics and Lifecycle Solutions. The company generates majority of the revenue from Lighting segment.

HELLA GmbH KGaA (LUX:HLE) Headlines

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