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Acquazzurra SpA (MIL:ACQ) EBIT : €0.38 Mil (TTM As of Jun. 2023)


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What is Acquazzurra SpA EBIT?

Acquazzurra SpA's earnings before interest and taxes (EBIT) for the six months ended in Jun. 2023 was €0.38 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2023 was €0.38 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Acquazzurra SpA's annualized ROC % for the quarter that ended in Jun. 2023 was 6.36%. Acquazzurra SpA's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2023 was 21.66%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Acquazzurra SpA's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2023 was 1.39%.

Acquazzurra SpA EBIT Historical Data

The historical data trend for Acquazzurra SpA'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.

Acquazzurra SpA EBIT Chart

Acquazzurra SpA Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
EBIT
0.60 0.73 0.75 -0.29 0.29

Acquazzurra SpA Semi-Annual Data
Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
EBIT Get a 7-Day Free Trial Premium Member Only 1.11 -0.45 0.16 0.38 -

Competitive Comparison of Acquazzurra SpA's EBIT

For the Advertising Agencies subindustry, Acquazzurra SpA'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.

Acquazzurra SpA's EV-to-EBIT Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Acquazzurra SpA's EV-to-EBIT distribution charts can be found below:

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


Acquazzurra SpA 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 Jun. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was €0.38 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.

Acquazzurra SpA  (MIL:ACQ) EBIT Explanation

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

Acquazzurra SpA's annualized ROC % for the quarter that ended in Jun. 2023 is calculated as:

ROC % (Q: Jun. 2023 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2022 ) + Invested Capital (Q: Jun. 2023 ))/ count )
=0.744 * ( 1 - 39.26% )/( (7.313 + 6.909)/ 2 )
=0.4519056/7.111
=6.36 %

where

Invested Capital(Q: Dec. 2022 )
=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))
=11.169 - 3.647 - ( 0.209 - max(0, 5.117 - 7.722+0.209))
=7.313

Invested Capital(Q: Jun. 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))
=12.042 - 4.368 - ( 0.765 - max(0, 5.264 - 8.843+0.765))
=6.909

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

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

Acquazzurra SpA's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2023 is calculated as:

ROC (Joel Greenblatt) %(Q: Jun. 2023 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2022  Q: Jun. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=0.754/( ( (1.07 + max(2.075, 0)) + (1.057 + max(2.761, 0)) )/ 2 )
=0.754/( ( 3.145 + 3.818 )/ 2 )
=0.754/3.4815
=21.66 %

where Working Capital is:

Working Capital(Q: Dec. 2022 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(3.042 + 2.799 + 0.627) - (3.647 + 0 + 0.746)
=2.075

Working Capital(Q: Jun. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(4.404 + 2.956 + 0.068999999999999) - (4.368 + 0 + 0.3)
=2.761

When net working capital is negative, 0 is used.

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

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

Acquazzurra SpA's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jun. 2023 )
=0.377/27.039
=1.39 %

* 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.

Acquazzurra SpA EBIT Related Terms

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Acquazzurra SpA (MIL:ACQ) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Acquazzurra SpA (MIL:ACQ) » Definitions » EBIT
Comparable Companies
TSE:3622 TSE:2656 TSE:9258 TSE:2411 TRKA BKK:GPI TSE:2173 TSE:7063 XPAR:ALNXT KNIT
Traded in Other Exchanges
N/A
Address
Via Rutilia, 10/8, Milan, ITA, 20141
Website
https://www.acquazzurra.biz
Acquazzurra SpA operates as an advertising agency. It is engaged in the sector of the sale of advertising space in exchange for the products of advertiser customers. The company structures the campaigns advertising more suited to the needs of advertisers customers, taking advantage of different types of media, such as TV, radio, magazines, newspapers, outdoor advertising, and the web.

Acquazzurra SpA (MIL:ACQ) Headlines

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