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Titanium Oyj (OHEL:TITAN) EBIT : €12.56 Mil (TTM As of Dec. 2023)


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What is Titanium Oyj EBIT?

Titanium Oyj's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2023 was €5.78 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was €12.56 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Titanium Oyj's annualized ROC % for the quarter that ended in Dec. 2023 was 74.91%. Titanium Oyj's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 612.29%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Titanium Oyj's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 11.41%.


Titanium Oyj EBIT Historical Data

The historical data trend for Titanium Oyj'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.

Titanium Oyj EBIT Chart

Titanium Oyj Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EBIT
Get a 7-Day Free Trial Premium Member Only 7.21 10.00 12.04 15.13 12.56

Titanium Oyj Semi-Annual Data
Dec15 Jun16 Dec16 Jun17 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 6.63 7.71 7.42 6.78 5.78

Competitive Comparison of Titanium Oyj's EBIT

For the Asset Management subindustry, Titanium Oyj'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.


Titanium Oyj's EV-to-EBIT Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Titanium Oyj's EV-to-EBIT distribution charts can be found below:

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



Titanium Oyj 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 €12.56 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.


Titanium Oyj  (OHEL:TITAN) EBIT Explanation

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

Titanium Oyj'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 )
=11.108 * ( 1 - 22.11% )/( (11.895 + 11.204)/ 2 )
=8.6520212/11.5495
=74.91 %

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:

Titanium Oyj'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 )
=11.554/( ( (1.896 + max(-1.184, 0)) + (1.878 + max(-2.317, 0)) )/ 2 )
=11.554/( ( 1.896 + 1.878 )/ 2 )
=11.554/1.887
=612.29 %

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)
=(0.11 + 0 + 1.7763568394003E-15) - (0 + 0 + 1.294)
=-1.184

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.05 + 0 + 0) - (0.413 + 0 + 1.954)
=-2.317

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2023 )
=12.558/110.019
=11.41 %

* 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.


Titanium Oyj EBIT Related Terms

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Titanium Oyj (OHEL:TITAN) Business Description

Traded in Other Exchanges
N/A
Address
Aleksanterinkatu 48 B, Helsinki, FIN, 00100
Titanium Oyj through its subsidiaries provides investment in real estate, mutual fund operations, asset management and insurance business.

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