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AB Effectenbeteiligungen AG (WBO:ABE) EBIT : €0.48 Mil (TTM As of Dec. 2023)


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What is AB Effectenbeteiligungen AG EBIT?

AB Effectenbeteiligungen AG's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2023 was €0.48 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was €0.48 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. AB Effectenbeteiligungen AG's annualized ROC % for the quarter that ended in Dec. 2023 was 23,476.42%. AB Effectenbeteiligungen AG's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was %.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. AB Effectenbeteiligungen AG's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -41.11%.


AB Effectenbeteiligungen AG EBIT Historical Data

The historical data trend for AB Effectenbeteiligungen AG'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.

AB Effectenbeteiligungen AG EBIT Chart

AB Effectenbeteiligungen AG 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 0.32 -0.60 0.53 0.09 0.48

AB Effectenbeteiligungen AG Semi-Annual Data
Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 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 0.32 -0.60 0.53 0.09 0.48

Competitive Comparison of AB Effectenbeteiligungen AG's EBIT

For the Asset Management subindustry, AB Effectenbeteiligungen AG'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.


AB Effectenbeteiligungen AG's EV-to-EBIT Distribution in the Asset Management Industry

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

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



AB Effectenbeteiligungen AG 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.

For stock reported annually, GuruFocus uses latest annual data as the TTM data. EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was €0.48 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.


AB Effectenbeteiligungen AG  (WBO:ABE) EBIT Explanation

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

AB Effectenbeteiligungen AG'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: Dec. 2022 ) + Invested Capital (Q: Dec. 2023 ))/ count )
=0.484 * ( 1 - 2.99% )/( (0.0039999999999996 + 0)/ 2 )
=0.4695284/0.0019999999999998
=23,476.42 %

where

Invested Capital(Q: Dec. 2022 )
=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))
=8.385 - 0.085 - ( 8.334 - max(0, 0.089 - 8.385+8.334))
=0.0039999999999996

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

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

AB Effectenbeteiligungen AG'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: Dec. 2022  Q: Dec. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=0.483/( ( (0 + max(-0.089, 0)) + (0 + max(-0.081000000000001, 0)) )/ 2 )
=0.483/( ( 0 + 0 )/ 2 )
=0.483/0
= %

where Working Capital is:

Working Capital(Q: Dec. 2022 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0) - (0.085 + 0 + 0.004)
=-0.089

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0.00099999999999945) - (0.082 + 0 + 0)
=-0.081000000000001

When net working capital is negative, 0 is used.

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

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2023 )
=0.483/-1.175
=-41.11 %

* 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.


AB Effectenbeteiligungen AG EBIT Related Terms

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AB Effectenbeteiligungen AG (WBO:ABE) Business Description

Traded in Other Exchanges
Address
Lehen 68, Innerschwand, Mondsee, AUT, A-5311
AB Effectenbeteiligungen AG is engaged in the investment in undervalued small-cap and mid-cap companies. Its focus is on investments in long-term sustainable value shares, which are meaningfully supplemented by more liquid shares with at least a medium maturity. The company focuses on investments focusing on Germany and Austria.