GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » Foley Wines Ltd (NZSE:FWL) » Definitions » EBIT

Foley Wines (NZSE:FWL) EBIT : NZ$9.40 Mil (TTM As of Dec. 2023)


View and export this data going back to 2003. Start your Free Trial

What is Foley Wines EBIT?

Foley Wines's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2023 was NZ$4.51 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was NZ$9.40 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Foley Wines's annualized ROC % for the quarter that ended in Dec. 2023 was -0.52%. Foley Wines's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 4.45%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Foley Wines's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 7.02%.


Foley Wines EBIT Historical Data

The historical data trend for Foley Wines'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.

Foley Wines EBIT Chart

Foley Wines Annual Data
Trend Jun13 Jun14 Jun15 Jun16 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.62 9.42 6.69 11.51 12.30

Foley Wines Semi-Annual Data
Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 5.69 5.82 7.40 4.89 4.51

Competitive Comparison of Foley Wines's EBIT

For the Beverages - Wineries & Distilleries subindustry, Foley Wines'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.


Foley Wines's EV-to-EBIT Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Foley Wines's EV-to-EBIT distribution charts can be found below:

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



Foley Wines 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. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was NZ$9.40 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.


Foley Wines  (NZSE:FWL) EBIT Explanation

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

Foley Wines's annualized ROC % for the quarter that ended in Dec. 2023 is calculated as:

ROC % (Q: Dec. 2023 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jun. 2023 ) + Invested Capital (Q: Dec. 2023 ))/ count )
=-1.634 * ( 1 - 23.68% )/( (239.514 + 238.981)/ 2 )
=-1.2470688/239.2475
=-0.52 %

where

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

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

Foley Wines's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 is calculated as:

ROC (Joel Greenblatt) %(Q: Dec. 2023 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2023  Q: Dec. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=9.016/( ( (143.939 + max(58.278, 0)) + (143.637 + max(59.116, 0)) )/ 2 )
=9.016/( ( 202.217 + 202.753 )/ 2 )
=9.016/202.485
=4.45 %

where Working Capital is:

Working Capital(Q: Jun. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(13.784 + 52.085 + 2.221) - (8.556 + 1.256 + 0)
=58.278

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(9.616 + 43.605 + 11.094) - (5.199 + 0 + 0)
=59.116

When net working capital is negative, 0 is used.

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

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

Foley Wines's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2023 )
=9.401/133.965
=7.02 %

* 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.


Foley Wines EBIT Related Terms

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


Foley Wines (NZSE:FWL) Business Description

Traded in Other Exchanges
N/A
Address
13 Waihopai Valley Road, RD6, Blenheim, MBH, NZL, 7276
Foley Wines Ltd is a wine company that produces table wines and markets and sells premium wines in New Zealand and various export markets. The company's vineyards are in Marlborough and Martinborough, New Zealand. The company earns majority of its revenue from sale of bottled wines. It sells its products in New Zealand, Australia, the United States, Canada, the United Kingdom, Europe, and the rest of the world.

Foley Wines (NZSE:FWL) Headlines

No Headlines