La Francaise Des Jeux (XPAR:FDJ) EBIT : €580 Mil (TTM As of Dec. 2023)

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What is La Francaise Des Jeux EBIT?

La Francaise Des Jeux's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2023 was €326 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was €580 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. La Francaise Des Jeux's annualized ROC % for the quarter that ended in Dec. 2023 was 14.82%. La Francaise Des Jeux's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 182.27%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. La Francaise Des Jeux's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 9.72%.

La Francaise Des Jeux EBIT Historical Data

The historical data trend for La Francaise Des Jeux'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.

La Francaise Des Jeux EBIT Chart

La Francaise Des Jeux Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

EBIT

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213.60

304.10

422.40

427.80

579.80

La Francaise Des Jeux Semi-Annual Data
	Dec16	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
EBIT	Get a 7-Day Free Trial									216.90	220.30	207.50	254.00	325.80

Competitive Comparison of La Francaise Des Jeux's EBIT

For the Gambling subindustry, La Francaise Des Jeux'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.

La Francaise Des Jeux's EV-to-EBIT Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, La Francaise Des Jeux's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where La Francaise Des Jeux's EV-to-EBIT falls into.

La Francaise Des Jeux 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 €580 Mil.

La Francaise Des Jeux (XPAR:FDJ) EBIT Explanation

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

La Francaise Des Jeux'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 )
=	592 * ( 1 - 23.66% )	/	( (2717.3	+	3383.4)	/ 2 )
=	451.9328	/	3050.35
=	14.82 %

where

	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	))
=	2939.9	-	637.4	-	( 785.9	-	max(0, 1605.1	-	1190.3	+	785.9	))
=	2717.3

	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	))
=	3760.8	-	829	-	( 803.9	-	max(0, 2148.7	-	1697.1	+	803.9	))
=	3383.4

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:

La Francaise Des Jeux'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 )
=	651.6	/	( ( (348.9 + max(-1192.3, 0))	+	(366.1 + max(-1266.7, 0)) )	/	2 )
=	651.6	/	( ( 348.9	+	366.1 )	/	2 )
=	651.6	/	357.5
=	182.27 %

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)
=	(291	+	20.6	+	54.6)	-	(637.4	+	0	+	921.1)
=	-1192.3

	Working Capital		(Q: Dec. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(559.5	+	22.7	+	257)	-	(829	+	0	+	1276.9)
=	-1266.7

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:

La Francaise Des Jeux's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Dec. 2023 )
	=	579.8	/	5966.462
	=	9.72 %

La Francaise Des Jeux EBIT Related Terms

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La Francaise Des Jeux (XPAR:FDJ) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » La Francaise Des Jeux SA (XPAR:FDJ) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

LFDJF:USA FDJp:UK 0A8B:UK 1WE:Germany

Address

3-7 Quai du Point du Jour, Boulogne-Billancourt, Paris, FRA, 92100

Website

https://www.groupefdj.com

La Francaise Des Jeux SA is engaged in lottery games and sports betting. Its lottery games include draw games and instant games. The company offers approximately more than 80 lottery games.

La Francaise Des Jeux (XPAR:FDJ) Headlines

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