Greenvolt - Energias Renovaveis (XLIS:GVOLT) EBIT : €58.9 Mil (TTM As of Dec. 2023)

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What is Greenvolt - Energias Renovaveis EBIT?

Greenvolt - Energias Renovaveis's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2023 was €12.4 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was €58.9 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Greenvolt - Energias Renovaveis's annualized ROC % for the quarter that ended in Dec. 2023 was 0.10%. Greenvolt - Energias Renovaveis's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 6.49%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Greenvolt - Energias Renovaveis's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 2.63%.

Greenvolt - Energias Renovaveis EBIT Historical Data

The historical data trend for Greenvolt - Energias Renovaveis'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.

Greenvolt - Energias Renovaveis EBIT Chart

Greenvolt - Energias Renovaveis Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

EBIT

Get a 7-Day Free Trial

12.08

27.15

28.33

61.53

58.92

Greenvolt - Energias Renovaveis Quarterly Data
	Dec18	Dec19	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
EBIT	Get a 7-Day Free Trial											8.62	13.62	16.67	16.22	12.41

Competitive Comparison of Greenvolt - Energias Renovaveis's EBIT

For the Utilities - Renewable subindustry, Greenvolt - Energias Renovaveis'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.

Greenvolt - Energias Renovaveis's EV-to-EBIT Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Greenvolt - Energias Renovaveis's EV-to-EBIT distribution charts can be found below:

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

Greenvolt - Energias Renovaveis 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 quarterly data reported by the company within the most recent 12 months, which was €58.9 Mil.

Greenvolt - Energias Renovaveis (XLIS:GVOLT) EBIT Explanation

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

Greenvolt - Energias Renovaveis'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: Sep. 2023 )	+	Invested Capital (Q: Dec. 2023 ))	/ count )
=	1.908 * ( 1 - 13.14% )	/	( (1495.624	+	1885.907)	/ 2 )
=	1.6572888	/	1690.7655
=	0.10 %

where

	Invested Capital		(Q: Sep. 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	))
=	2054.859	-	146.442	-	( 483.679	-	max(0, 343.399	-	756.192	+	483.679	))
=	1495.624

	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	))
=	2287.384	-	154.914	-	( 463.517	-	max(0, 543.899	-	790.462	+	463.517	))
=	1885.907

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

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

Greenvolt - Energias Renovaveis'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: Sep. 2023		Q: Dec. 2023
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	49.648	/	( ( (717.519 + max(-58.494, 0))	+	(812.836 + max(-73.703, 0)) )	/	2 )
=	49.648	/	( ( 717.519	+	812.836 )	/	2 )
=	49.648	/	765.1775
=	6.49 %

where Working Capital is:

	Working Capital		(Q: Sep. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(26.589	+	31.747	+	61.025)	-	(146.442	+	0	+	31.413)
=	-58.494

	Working Capital		(Q: Dec. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(30.901	+	35.539	+	60.39)	-	(154.914	+	0	+	45.619)
=	-73.703

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Dec. 2023) EBIT data.

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

Greenvolt - Energias Renovaveis's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Dec. 2023 )
	=	58.922	/	2242.267
	=	2.63 %

Greenvolt - Energias Renovaveis EBIT Related Terms

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Greenvolt - Energias Renovaveis (XLIS:GVOLT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Greenvolt - Energias Renovaveis SA (XLIS:GVOLT) » Definitions » EBIT

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000:Germany

Address

Rua Manuel Pinto de Azevedo 818, Porto, PRT, PT-4100-320

Website

https://www.greenvolt.pt

Greenvolt - Energias Renovaveis SA is specialized in the production of electricity from renewable energy sources. It has three operating segments. Biomass & Structure has five energy production plants through forest biomass in Portugal, the costs of the corporate structure of Greenvolt, and the plant in Tilbury. The development of Solar & wind energy includes the activities of development, construction, & exploration of photovoltaic & wind energy, with the subsidiaries Greenvolt Power & Sustainable Energy One being the main contributors to the segment. Distributed generation includes the contributions from subsidiaries Greenvolt Next Portugal, Greenvolt Next Portugal II Invest, Perfecta Energía, Greenvolt Comunidades, & Univergy. The key revenue is from the biomass & structure segment.

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