GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Ework Group AB (OSTO:EWRK) » Definitions » EBIT

Ework Group AB (OSTO:EWRK) EBIT : kr196 Mil (TTM As of Mar. 2024)


View and export this data going back to 2008. Start your Free Trial

What is Ework Group AB EBIT?

Ework Group AB's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was kr45 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was kr196 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Ework Group AB's annualized ROC % for the quarter that ended in Mar. 2024 was 25.24%. Ework Group AB's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 82.22%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Ework Group AB's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 7.39%.


Ework Group AB EBIT Historical Data

The historical data trend for Ework Group AB'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.

Ework Group AB EBIT Chart

Ework Group AB 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 106.60 92.04 128.49 182.15 205.00

Ework Group AB 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 53.69 38.04 44.79 68.47 44.68

Competitive Comparison of Ework Group AB's EBIT

For the Staffing & Employment Services subindustry, Ework Group AB'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.


Ework Group AB's EV-to-EBIT Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Ework Group AB's EV-to-EBIT distribution charts can be found below:

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



Ework Group AB 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 kr196 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.


Ework Group AB  (OSTO:EWRK) EBIT Explanation

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

Ework Group AB'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 )
=178.716 * ( 1 - 20.06% )/( (483.551 + 648.527)/ 2 )
=142.8655704/566.039
=25.24 %

where

Invested Capital(Q: Dec. 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))
=4137.144 - 3522.146 - ( 131.447 - max(0, 3829.589 - 4001.697+131.447))
=483.551

Invested Capital(Q: Mar. 2024 )
=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))
=4066.804 - 3416.611 - ( 1.666 - max(0, 3723.652 - 3938.964+1.666))
=648.527

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

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

Ework Group AB'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 )
=178.716/( ( (57.864 + max(160.821, 0)) + (50.925 + max(165.131, 0)) )/ 2 )
=178.716/( ( 218.685 + 216.056 )/ 2 )
=178.716/217.3705
=82.22 %

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)
=(3741.799 + 0 + 14.5) - (3522.146 + 0 + 73.332)
=160.821

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(3699.538 + 0 + 6.8969999999999) - (3416.611 + 0 + 124.693)
=165.131

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:

Ework Group AB's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=195.983/2651.610
=7.39 %

* 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.


Ework Group AB EBIT Related Terms

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


Ework Group AB (OSTO:EWRK) Business Description

Traded in Other Exchanges
Address
Master Samuelsgatan 60, Stockholm, SWE, 111 21
Ework Group AB is a market- leading and independent consultant provider operating in northern Europe, which focuses on IT, telecom, technology, and business development. Some of the company's services are to set the price index for its clients and consultants, it also offers flexible solutions that cover various industry- leading companies to small-scale businesses, at a local and global level. Ework Group has its operational footprints in Sweden, Denmark, Norway, and Finland wherein, It generates a majority of its revenue from Sweden.

Ework Group AB (OSTO:EWRK) Headlines

No Headlines