GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » Ibersol SGPS SA (XLIS:IBS) » Definitions » EBIT

Ibersol SGPS (XLIS:IBS) EBIT : €25.9 Mil (TTM As of Dec. 2023)


View and export this data going back to 1997. Start your Free Trial

What is Ibersol SGPS EBIT?

Ibersol SGPS's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2023 was €5.0 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was €25.9 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Ibersol SGPS's annualized ROC % for the quarter that ended in Dec. 2023 was 12.25%. Ibersol SGPS's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 6.08%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Ibersol SGPS's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 6.85%.


Ibersol SGPS EBIT Historical Data

The historical data trend for Ibersol SGPS'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.

Ibersol SGPS EBIT Chart

Ibersol SGPS 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 33.50 -50.56 41.00 21.65 25.93

Ibersol SGPS Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 Premium Member Only Premium Member Only Premium Member Only 7.25 2.39 7.39 11.17 4.98

Competitive Comparison of Ibersol SGPS's EBIT

For the Restaurants subindustry, Ibersol SGPS'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.


Ibersol SGPS's EV-to-EBIT Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Ibersol SGPS's EV-to-EBIT distribution charts can be found below:

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



Ibersol SGPS 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 €25.9 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.


Ibersol SGPS  (XLIS:IBS) EBIT Explanation

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

Ibersol SGPS'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 )
=16.464 * ( 1 - -295.55% )/( (507.847 + 554.969)/ 2 )
=65.123352/531.408
=12.25 %

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))
=673.792 - 63.203 - ( 172.571 - max(0, 136.776 - 239.518+172.571))
=507.847

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))
=712.383 - 67.223 - ( 185.652 - max(0, 150.634 - 240.825+185.652))
=554.969

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

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

Ibersol SGPS'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 )
=19.912/( ( (305.116 + max(-28.359, 0)) + (349.527 + max(-59.953, 0)) )/ 2 )
=19.912/( ( 305.116 + 349.527 )/ 2 )
=19.912/327.3215
=6.08 %

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)
=(47.504 + 13.537 + 5.906) - (63.203 + 0 + 32.103)
=-28.359

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(5.256 + 13.185 + 16.288) - (67.223 + 0 + 27.459)
=-59.953

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:

Ibersol SGPS's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2023 )
=25.933/378.387
=6.85 %

* 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.


Ibersol SGPS EBIT Related Terms

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


Ibersol SGPS (XLIS:IBS) Business Description

Traded in Other Exchanges
Address
Edificio Peninsula, Praca do Bom Sucesso, 105-159 - 9th floor, Porto, PRT, 4150-146
Ibersol SGPS SA., through its subsidiaries, operates a network of restaurant units in Portugal, Spain, and Angola. It provides services in the business segments such as Restaurants which comprises the units with table service and home delivery restaurant offerings, Counters which comprises the units with over-the-counter sales, and Concessions & Catering which includes all the other businesses, namely the catering activity and the units located in concession areas. Ibersol functions restaurant units through various brands, including Pizza Hut, Pasta Caffe, Pans & Company, Taco Bell, and Eat out Group.

Ibersol SGPS (XLIS:IBS) Headlines

No Headlines