Soltec Power Holdings (XMAD:SOL) EBIT : €10.9 Mil (TTM As of Jun. 2023)

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What is Soltec Power Holdings EBIT?

Soltec Power Holdings's earnings before interest and taxes (EBIT) for the six months ended in Jun. 2023 was €-19.2 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2023 was €10.9 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Soltec Power Holdings's annualized ROC % for the quarter that ended in Jun. 2023 was -5.17%. Soltec Power Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2023 was -17.38%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Soltec Power Holdings's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2023 was 2.57%.

Soltec Power Holdings EBIT Historical Data

The historical data trend for Soltec Power Holdings'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.

Soltec Power Holdings EBIT Chart

Soltec Power Holdings Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

EBIT

3.14

-7.20

-2.12

22.29

Soltec Power Holdings Semi-Annual Data
	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
EBIT	Get a 7-Day Free Trial			-25.69	23.57	-7.83	30.13	-19.19

Competitive Comparison of Soltec Power Holdings's EBIT

For the Solar subindustry, Soltec Power Holdings'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.

Soltec Power Holdings's EV-to-EBIT Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Soltec Power Holdings's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Soltec Power Holdings's EV-to-EBIT falls into.

Soltec Power Holdings 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 Jun. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was €10.9 Mil.

Soltec Power Holdings (XMAD:SOL) EBIT Explanation

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

Soltec Power Holdings's annualized ROC % for the quarter that ended in Jun. 2023 is calculated as:

	ROC % (Q: Jun. 2023 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Dec. 2022 )	+	Invested Capital (Q: Jun. 2023 ))	/ count )
=	-32.458 * ( 1 - 34.28% )	/	( (387.347	+	437.715)	/ 2 )
=	-21.3313976	/	412.531
=	-5.17 %

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	))
=	555.81	-	208.62	-	( 29.152	-	max(0, 313.52	-	273.363	+	29.152	))
=	387.347

	Invested Capital		(Q: Jun. 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	))
=	602.503	-	193.591	-	( 22.887	-	max(0, 312.808	-	284.005	+	22.887	))
=	437.715

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

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

Soltec Power Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2023 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Jun. 2023 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Dec. 2022		Q: Jun. 2023
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	-38.37	/	( ( (176.289 + max(28.727, 0))	+	(189.36 + max(47.224, 0)) )	/	2 )
=	-38.37	/	( ( 205.016	+	236.584 )	/	2 )
=	-38.37	/	220.8
=	-17.38 %

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)
=	(180.618	+	31.169	+	31.78)	-	(208.62	+	0	+	6.22)
=	28.727

	Working Capital		(Q: Jun. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(179.094	+	38.446	+	43.221)	-	(193.591	+	0	+	19.946)
=	47.224

When net working capital is negative, 0 is used.

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

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

Soltec Power Holdings's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Jun. 2023 )
	=	10.941	/	426.247
	=	2.57 %

Soltec Power Holdings EBIT Related Terms

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Soltec Power Holdings (XMAD:SOL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Soltec Power Holdings SA (XMAD:SOL) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

0AC5:UK 5PZ:Germany

Address

Gabriel Campillo Street, Poligono Industrial la Serreta s/n, Molina de Segura, Murcia, ESP, 30500

Website

http://www.soltecpowerholdings.com

Soltec Power Holdings SA is specialized in providing integrated solutions in solar PV energy. The company designs, manufactures and installs solar tracking systems and develops solar power projects. Its business is divided into industrial (trackers and construction services) business line, which is also referred to as Soltec Industrial, and project development business line, which is also referred to as Powertis. It offers a portfolio of solar trackers, including the SF8 and SF7 single-axis trackers, the SF8 and SF7 bi-facial trackers and the SF7 Tandem.