Gismondi 1754 SpA (MIL:GIS) EBIT : €3.02 Mil (TTM As of Jun. 2023)

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What is Gismondi 1754 SpA EBIT?

Gismondi 1754 SpA's earnings before interest and taxes (EBIT) for the six months ended in Jun. 2023 was €1.23 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2023 was €3.02 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Gismondi 1754 SpA's annualized ROC % for the quarter that ended in Jun. 2023 was 9.48%. Gismondi 1754 SpA's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2023 was 18.17%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Gismondi 1754 SpA's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2023 was 15.87%.

Gismondi 1754 SpA EBIT Historical Data

The historical data trend for Gismondi 1754 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.

Gismondi 1754 SpA EBIT Chart

Gismondi 1754 SpA Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

EBIT

0.09

0.92

1.07

0.43

0.58

Gismondi 1754 SpA Semi-Annual Data
	Dec17	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
EBIT	Get a 7-Day Free Trial						0.17	0.41	0.59	1.79	1.23

Competitive Comparison of Gismondi 1754 SpA's EBIT

For the Luxury Goods subindustry, Gismondi 1754 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.

Gismondi 1754 SpA's EV-to-EBIT Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Gismondi 1754 SpA's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Gismondi 1754 SpA's EV-to-EBIT falls into.

Gismondi 1754 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 €3.02 Mil.

Gismondi 1754 SpA (MIL:GIS) EBIT Explanation

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

Gismondi 1754 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 )
=	2.426 * ( 1 - 36.17% )	/	( (14.399	+	18.275)	/ 2 )
=	1.5485158	/	16.337
=	9.48 %

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	))
=	22.118	-	5.196	-	( 2.523	-	max(0, 8.18	-	20.136	+	2.523	))
=	14.399

	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	))
=	23.901	-	4.387	-	( 1.239	-	max(0, 8.83	-	21.844	+	1.239	))
=	18.275

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:

Gismondi 1754 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 )
=	2.452	/	( ( (0.555 + max(11.652, 0))	+	(0.566 + max(14.219, 0)) )	/	2 )
=	2.452	/	( ( 12.207	+	14.785 )	/	2 )
=	2.452	/	13.496
=	18.17 %

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)
=	(3.712	+	11.566	+	1.714)	-	(5.196	+	0	+	0.144)
=	11.652

	Working Capital		(Q: Jun. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(5.289	+	13.08	+	1.455)	-	(4.387	+	0	+	1.218)
=	14.219

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:

Gismondi 1754 SpA's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Jun. 2023 )
	=	3.018	/	19.018
	=	15.87 %

Gismondi 1754 SpA EBIT Related Terms

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Gismondi 1754 SpA (MIL:GIS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Gismondi 1754 SpA (MIL:GIS) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

N/A

Address

Via Galata, 72-74r, Genoa, ITA

Website

https://www.gismondi1754.com

Gismondi 1754 SpA is engaged in creation, production and marketing of jewelry. The company manufactures rings, necklaces, earrings, and pendants. Its brands are Essenza, Noi, Aura, Era, Dedalo, and Prato Fiorito.