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INAPA Inapa Investimentos Participacoes e Gestao (XLIS:INA) EBIT : €5.3 Mil (TTM As of Dec. 2023)


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What is INAPA Inapa Investimentos Participacoes e Gestao EBIT?

INAPA Inapa Investimentos Participacoes e Gestao's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2023 was €-3.4 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was €5.3 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. INAPA Inapa Investimentos Participacoes e Gestao's annualized ROC % for the quarter that ended in Dec. 2023 was -1.06%. INAPA Inapa Investimentos Participacoes e Gestao's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -11.12%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. INAPA Inapa Investimentos Participacoes e Gestao's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 2.37%.


INAPA Inapa Investimentos Participacoes e Gestao EBIT Historical Data

The historical data trend for INAPA Inapa Investimentos Participacoes e Gestao'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.

INAPA Inapa Investimentos Participacoes e Gestao EBIT Chart

INAPA Inapa Investimentos Participacoes e Gestao 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 8.44 -4.82 12.50 47.32 5.28

INAPA Inapa Investimentos Participacoes e Gestao Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 12.52 30.63 16.70 8.71 -3.43

Competitive Comparison of INAPA Inapa Investimentos Participacoes e Gestao's EBIT

For the Paper & Paper Products subindustry, INAPA Inapa Investimentos Participacoes e Gestao'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.


INAPA Inapa Investimentos Participacoes e Gestao's EV-to-EBIT Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, INAPA Inapa Investimentos Participacoes e Gestao's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where INAPA Inapa Investimentos Participacoes e Gestao's EV-to-EBIT falls into.



INAPA Inapa Investimentos Participacoes e Gestao 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 semi-annually data reported by the company within the most recent 12 months, which was €5.3 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.


INAPA Inapa Investimentos Participacoes e Gestao  (XLIS:INA) EBIT Explanation

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

INAPA Inapa Investimentos Participacoes e Gestao'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: Jun. 2023 ) + Invested Capital (Q: Dec. 2023 ))/ count )
=-7.316 * ( 1 - 18.86% )/( (554.081 + 564.264)/ 2 )
=-5.9362024/559.1725
=-1.06 %

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))
=616.502 - 121.826 - ( 15.389 - max(0, 217.079 - 147.491+15.389))
=564.264

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

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

INAPA Inapa Investimentos Participacoes e Gestao'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: Jun. 2023  Q: Dec. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-6.868/( ( (59.296 + max(-28.789, 0)) + (64.27 + max(-16.259, 0)) )/ 2 )
=-6.868/( ( 59.296 + 64.27 )/ 2 )
=-6.868/61.783
=-11.12 %

where Working Capital is:

Working Capital(Q: Jun. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(55.49 + 70.126 + 8.225) - (129.558 + 0 + 33.072)
=-28.789

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(41.614 + 49.144 + 41.344) - (121.826 + 0 + 26.535)
=-16.259

When net working capital is negative, 0 is used.

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

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

INAPA Inapa Investimentos Participacoes e Gestao's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2023 )
=5.275/222.566
=2.37 %

* 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.


INAPA Inapa Investimentos Participacoes e Gestao EBIT Related Terms

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INAPA Inapa Investimentos Participacoes e Gestao (XLIS:INA) Business Description

Traded in Other Exchanges
Address
Rua Braamcamp, 40, 9ºD, Lisbon, PRT, 1250-050
INAPA Inapa Investimentos Participacoes e Gestao SA is engaged in the paper distribution in Europe. It operates in the Paper, Packaging, and Visual Communication segments. Its portfolio for graphics and office industry products consists of paper, printing and office consumables, and logistics services. Inapa, alongside the distribution of packaging materials, also develops technologies and various packaging concepts. The paper segment contributes to the majority of revenue. The geographical segments include Germany, France, Portugal, Spain, and others.

INAPA Inapa Investimentos Participacoes e Gestao (XLIS:INA) Headlines

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