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Izhstal PAO (MIC:IGST) EBIT : ₽2,769 Mil (TTM As of Dec. 2021)


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What is Izhstal PAO EBIT?

Izhstal PAO's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2021 was ₽2,769 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2021 was ₽2,769 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Izhstal PAO's annualized ROC % for the quarter that ended in Dec. 2021 was 30.20%. Izhstal PAO's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2021 was 75.74%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Izhstal PAO's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2021 was 28.07%.


Izhstal PAO EBIT Historical Data

The historical data trend for Izhstal PAO'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.

Izhstal PAO EBIT Chart

Izhstal PAO Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 601.74 -616.98 946.91 -1,397.22 2,769.18

Izhstal PAO Semi-Annual Data
Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 601.74 -616.98 946.91 -1,397.22 2,769.18

Competitive Comparison of Izhstal PAO's EBIT

For the Steel subindustry, Izhstal PAO'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.


Izhstal PAO's EV-to-EBIT Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Izhstal PAO's EV-to-EBIT distribution charts can be found below:

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



Izhstal PAO 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.

For stock reported annually, GuruFocus uses latest annual data as the TTM data. EBIT for the trailing twelve months (TTM) ended in Dec. 2021 was ₽2,769 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.


Izhstal PAO  (MIC:IGST) EBIT Explanation

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

Izhstal PAO's annualized ROC % for the quarter that ended in Dec. 2021 is calculated as:

ROC % (Q: Dec. 2021 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2020 ) + Invested Capital (Q: Dec. 2021 ))/ count )
=2467.787 * ( 1 - -1.29% )/( (8019.232 + 8532.737)/ 2 )
=2499.6214523/8275.9845
=30.20 %

where

Invested Capital(Q: Dec. 2020 )
=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))
=8449.344 - 7919.406 - ( 50.592 - max(0, 12114.768 - 4625.474+50.592))
=8019.232

Invested Capital(Q: Dec. 2021 )
=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))
=12699.685 - 7189.093 - ( 86.635 - max(0, 11942.417 - 8920.272+86.635))
=8532.737

Note: The Operating Income data used here is one times the annual (Dec. 2021) data.

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

Izhstal PAO's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2021 is calculated as:

ROC (Joel Greenblatt) %(Q: Dec. 2021 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2020  Q: Dec. 2021
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=2769.183/( ( (3809.964 + max(-4349.886, 0)) + (3502.763 + max(-69.967999999998, 0)) )/ 2 )
=2769.183/( ( 3809.964 + 3502.763 )/ 2 )
=2769.183/3656.3635
=75.74 %

where Working Capital is:

Working Capital(Q: Dec. 2020 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1231.042 + 3296.117 + 37.318) - (7919.406 + 0 + 994.957)
=-4349.886

Working Capital(Q: Dec. 2021 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(2305.821 + 5459.187 + 1044.62) - (7189.093 + 0 + 1690.503)
=-69.967999999998

When net working capital is negative, 0 is used.

Note: The EBIT data used here is one times the annual (Dec. 2021) EBIT data.

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

Izhstal PAO's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2021 )
=2769.183/9864.376
=28.07 %

* 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.


Izhstal PAO EBIT Related Terms

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Izhstal PAO (MIC:IGST) Business Description

Traded in Other Exchanges
Address
Novoazhimova street, 6, Udmurt Republic, Izhevsk, RUS, 426006
Izhstal PAO is a specialty steel and stainless long products manufacturers. It serves a diverse range of markets including aircraft, defense, automotive, agricultural, power, oil and gas and construction industries. The company produces billets, flat and long rolls, structural shapes and sections, rebar, a wide assortment of hardware, stampings and forgings of carbon, construction, engineering, high-speed, stainless, corrosion-resistant and other specialty steels and alloys.

Izhstal PAO (MIC:IGST) Headlines

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