GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » Metso Corp (OHEL:METSO) » Definitions » EBIT

Metso (OHEL:METSO) EBIT : €798 Mil (TTM As of Mar. 2024)


View and export this data going back to 2006. Start your Free Trial

What is Metso EBIT?

Metso's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was €195 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was €798 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Metso's annualized ROC % for the quarter that ended in Mar. 2024 was 10.21%. Metso's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 64.81%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Metso's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 7.56%.


Metso EBIT Historical Data

The historical data trend for Metso'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.

Metso EBIT Chart

Metso Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 314.00 230.00 408.00 470.00 801.00

Metso Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 206.00 233.00 193.00 177.00 195.00

Competitive Comparison of Metso's EBIT

For the Farm & Heavy Construction Machinery subindustry, Metso'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.


Metso's EV-to-EBIT Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Metso's EV-to-EBIT distribution charts can be found below:

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



Metso 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €798 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.


Metso  (OHEL:METSO) EBIT Explanation

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

Metso's annualized ROC % for the quarter that ended in Mar. 2024 is calculated as:

ROC % (Q: Mar. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2023 ) + Invested Capital (Q: Mar. 2024 ))/ count )
=748 * ( 1 - 24.85% )/( (5451 + 5564)/ 2 )
=562.122/5507.5
=10.21 %

where

Note: The Operating Income data used here is four times the quarterly (Mar. 2024) data.

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

Metso's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2023  Q: Mar. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=780/( ( (585 + max(535, 0)) + (593 + max(694, 0)) )/ 2 )
=780/( ( 1120 + 1287 )/ 2 )
=780/1203.5
=64.81 %

where Working Capital is:

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(854 + 1951 + 381) - (1067 + 0 + 1584)
=535

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(822 + 1962 + 335) - (797 + 0 + 1628)
=694

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2024) EBIT data.

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=798/10553.058
=7.56 %

* 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.


Metso EBIT Related Terms

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


Metso (OHEL:METSO) Business Description

Traded in Other Exchanges
Address
Toolonlahdenkatu 2, Helsinki, FIN, FI-00100
Metso Corp is a Finnish company. Its offering covers solutions in the aggregates, mining, and metals businesses. The company operates in three reportable segments such as aggregates, minerals, and metals. The company offers its customers crushing and screening equipment for the production of aggregates. Minerals segment provides equipment and full plant solutions for minerals processing, covering comminution, separation and pumps. The metals segment offers processing solutions and equipment for metal refining and chemical processes.

Metso (OHEL:METSO) Headlines

No Headlines