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Parx Materials NV (XPAR:MLPRX) EBIT : €-0.20 Mil (TTM As of Dec. 2022)


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What is Parx Materials NV EBIT?

Parx Materials NV's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2022 was €-0.20 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2022 was €-0.20 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Parx Materials NV's annualized ROC % for the quarter that ended in Dec. 2022 was -3.84%. Parx Materials NV's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2022 was -8,000.00%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Parx Materials NV's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2022 was -0.60%.

Parx Materials NV EBIT Historical Data

The historical data trend for Parx Materials NV'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.

Parx Materials NV EBIT Chart

Parx Materials NV Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
EBIT
Get a 7-Day Free Trial -0.27 0.13 -0.52 -0.43 -0.20

Parx Materials NV Semi-Annual Data
Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
EBIT Get a 7-Day Free Trial -0.27 0.13 -0.52 -0.43 -0.20

Competitive Comparison of Parx Materials NV's EBIT

For the Specialty Chemicals subindustry, Parx Materials NV'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.

Parx Materials NV's EV-to-EBIT Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Parx Materials NV's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Parx Materials NV's EV-to-EBIT falls into.


Parx Materials NV 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.

For stock reported annually, GuruFocus uses latest annual data as the TTM data. EBIT for the trailing twelve months (TTM) ended in Dec. 2022 was €-0.20 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.

Parx Materials NV  (XPAR:MLPRX) EBIT Explanation

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

Parx Materials NV's annualized ROC % for the quarter that ended in Dec. 2022 is calculated as:

ROC % (Q: Dec. 2022 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2021 ) + Invested Capital (Q: Dec. 2022 ))/ count )
=-0.2 * ( 1 - 0% )/( (5.515 + 4.889)/ 2 )
=-0.2/5.202
=-3.84 %

where

Invested Capital(Q: Dec. 2021 )
=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))
=5.676 - 0.141 - ( 0.02 - max(0, 0.523 - 0.614+0.02))
=5.515

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))
=4.881 - 0.095 - ( 0.001 - max(0, 0.923 - 0.82+0.001))
=4.889

Note: The Operating Income data used here is one times the annual (Dec. 2022) data.

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

Parx Materials NV's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2022 is calculated as:

ROC (Joel Greenblatt) %(Q: Dec. 2022 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2021  Q: Dec. 2022
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-0.2/( ( (0.003 + max(-0.362, 0)) + (0.002 + max(-0.32, 0)) )/ 2 )
=-0.2/( ( 0.003 + 0.002 )/ 2 )
=-0.2/0.0025
=-8,000.00 %

where Working Capital is:

Working Capital(Q: Dec. 2021 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.081 + 0.066 + 0.014) - (0.141 + 0 + 0.382)
=-0.362

Working Capital(Q: Dec. 2022 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.537 + 0.064 + 0.002) - (0.095 + 0 + 0.828)
=-0.32

When net working capital is negative, 0 is used.

Note: The EBIT data used here is one times the annual (Dec. 2022) EBIT data.

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

Parx Materials NV's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2022 )
=-0.2/33.101
=-0.60 %

* 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.

Parx Materials NV EBIT Related Terms

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Parx Materials NV (XPAR:MLPRX) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Parx Materials NV (XPAR:MLPRX) » Definitions » EBIT
Comparable Companies
XPAR:ALKEM XPAR:ORAP XPAR:ALVIN XPAR:ALDUB XPAR:ALAFY XPAR:LHYFE LIN XPAR:AI APD SHW ECL SHSE:600309 XSWX:SIKA BOM:500820 DD XSWX:GIVN LYB PPG ADX:BOROUGE IFF
Traded in Other Exchanges
N/A
Address
Goudsesingel 96 (Unit 1.7), Rotterdam, NLD, 3011 KD
Website
https://www.parxmaterials.com
Parx Materials NV is a holding company. It is engaged in developing, manufacturing, and marketing biocompatible plastics and antibacterial polymers. The company through its patented process is integrating it in plastics improving the material's characteristics to protect the surface from bacteria, molds, and fungi. Its technology does not impact any of the original features of the material and the antibacterial property lasts a lifetime. The company's technology can be used for roughly any application, for example for toilet seats, mobile phones, light switches, hospital beds, medical devices, remote controls, door handles, refrigerators, and packaging materials.

Parx Materials NV (XPAR:MLPRX) Headlines

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