Autogrill SpA (MIL:AGL) EBIT : €80 Mil (TTM As of Dec. 2022)

View and export this data going back to 2000. Start your Free Trial

What is Autogrill SpA EBIT?

Autogrill SpA's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2022 was €61 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2022 was €80 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Autogrill SpA's annualized ROC % for the quarter that ended in Dec. 2022 was 0.23%. Autogrill SpA's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2022 was 5.48%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Autogrill SpA's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2022 was 1.82%.

Autogrill SpA EBIT Historical Data

The historical data trend for Autogrill 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.

Autogrill SpA EBIT Chart

Autogrill SpA Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

EBIT

Get a 7-Day Free Trial

148.50

377.53

-517.42

97.11

80.27

Autogrill SpA Semi-Annual Data
	Jun13	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22
EBIT	Get a 7-Day Free Trial															-219.88	-90.74	187.85	19.52	60.75

Competitive Comparison of Autogrill SpA's EBIT

For the Restaurants subindustry, Autogrill 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.

Autogrill SpA's EV-to-EBIT Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Autogrill SpA's EV-to-EBIT distribution charts can be found below:

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

Autogrill 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 Dec. 2022 adds up the semi-annually data reported by the company within the most recent 12 months, which was €80 Mil.

Autogrill SpA (MIL:AGL) EBIT Explanation

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

Autogrill SpA's annualized ROC % for the quarter that ended in Dec. 2022 is calculated as:

	ROC % (Q: Dec. 2022 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Jun. 2022 )	+	Invested Capital (Q: Dec. 2022 ))	/ count )
=	131.802 * ( 1 - 92.86% )	/	( (3877.787	+	4300.384)	/ 2 )
=	9.4106628	/	4089.0855
=	0.23 %

where

	Invested Capital		(Q: Jun. 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	))
=	4219.044	-	690.846	-	( 447.818	-	max(0, 1203.706	-	854.117	+	447.818	))
=	3877.787

	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	))
=	4138.334	-	679.978	-	( 531.946	-	max(0, 1705.134	-	863.106	+	531.946	))
=	4300.384

Note: The Operating Income data used here is two times the semi-annual (Dec. 2022) data.

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

Autogrill SpA's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2022 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Dec. 2022 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Jun. 2022		Q: Dec. 2022
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	121.504	/	( ( (2246.114 + max(-547.782, 0))	+	(2185.181 + max(-618.832, 0)) )	/	2 )
=	121.504	/	( ( 2246.114	+	2185.181 )	/	2 )
=	121.504	/	2215.6475
=	5.48 %

where Working Capital is:

	Working Capital		(Q: Jun. 2022 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(58.329	+	140.946	+	66.048)	-	(690.846	+	0	+	122.259)
=	-547.782

	Working Capital		(Q: Dec. 2022 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(50.665	+	133.291	+	34.121)	-	(679.978	+	0	+	156.931)
=	-618.832

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Dec. 2022) EBIT data.

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

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

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Dec. 2022 )
	=	80.274	/	4403.319
	=	1.82 %

Autogrill SpA EBIT Related Terms

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

Autogrill SpA (MIL:AGL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » Autogrill SpA (MIL:AGL) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

N/A

Address

Centro Direzionale Milanofiori, Palazzo Z, Strada 5, Rozzano, ITA, 20089

Website

https://www.autogrill.com

Autogrill SpA operates thousands of food and beverage concession stands designed mostly for travellers. It has thousands of locations along motorways and in airports, train stations, and shopping centers. Autogrill's concession stands operate both as proprietary brands, such as Ciao, Bistrot, Puro Gusto, Motta, and Beaudeven, as well as licensed local and international brands, such as Starbucks, Burger King, and Brioche Doree. Roughly half of the company's revenue is generated in North America, where the company has most of its airport locations. The remaining revenue comes from Europe, where the company has far more total locations consisting mostly of locations along motorways in Italy and other parts of Europe.