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NIBE Industrier AB (OSTO:NIBE B) EBIT : kr4,879 Mil (TTM As of Mar. 2024)


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What is NIBE Industrier AB EBIT?

NIBE Industrier AB's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was kr-579 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was kr4,879 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. NIBE Industrier AB's annualized ROC % for the quarter that ended in Mar. 2024 was -3.49%. NIBE Industrier AB's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was -10.74%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. NIBE Industrier AB's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 3.84%.


NIBE Industrier AB EBIT Historical Data

The historical data trend for NIBE Industrier 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.

NIBE Industrier AB EBIT Chart

NIBE Industrier 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 3,041.00 3,867.00 4,514.00 5,935.00 7,213.00

NIBE Industrier 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 1,755.00 1,847.00 1,779.00 1,832.00 -579.00

Competitive Comparison of NIBE Industrier AB's EBIT

For the Building Products & Equipment subindustry, NIBE Industrier 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.


NIBE Industrier AB's EV-to-EBIT Distribution in the Construction Industry

For the Construction industry and Industrials sector, NIBE Industrier AB's EV-to-EBIT distribution charts can be found below:

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



NIBE Industrier 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 kr4,879 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.


NIBE Industrier AB  (OSTO:NIBE B) EBIT Explanation

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

NIBE Industrier 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 )
=-2316 * ( 1 - 5.49% )/( (59985 + 65538)/ 2 )
=-2188.8516/62761.5
=-3.49 %

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:

NIBE Industrier 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 )
=-2316/( ( (11568 + max(8948, 0)) + (12145 + max(10448, 0)) )/ 2 )
=-2316/( ( 20516 + 22593 )/ 2 )
=-2316/21554.5
=-10.74 %

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)
=(5005 + 13227 + 432) - (3836 + 0 + 5880)
=8948

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(7049 + 12847 + 0) - (0 + 0 + 9448)
=10448

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=4879/127179.272
=3.84 %

* 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.


NIBE Industrier AB EBIT Related Terms

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NIBE Industrier AB (OSTO:NIBE B) Business Description

Address
Hannabadsvagen 5, Box 14, Markaryd, SWE, SE- 285 21
NIBE Industrier AB manufactures and sells energy-efficient products for industrial and consumer use. The firm is organized into three segments by product type. The climate solutions segment, which generates the majority of revenue, sells HVAC systems and hot water heaters to homes, apartment buildings, and other large properties. The elements segment sells components and elements to multiple industries, including appliance manufacturers, home remodelers, energy, and automotive. The stoves segment sells energy-efficient stoves and chimney systems to residential and commercial customers. The vast majority of revenue comes from Europe.

NIBE Industrier AB (OSTO:NIBE B) Headlines

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