Montana Aerospace AG (XSWX:AERO) EBIT : CHF-4 Mil (TTM As of Dec. 2023)

View and export this data going back to 2021. Start your Free Trial

What is Montana Aerospace AG EBIT?

Montana Aerospace AG's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2023 was CHF-5 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was CHF-4 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Montana Aerospace AG's annualized ROC % for the quarter that ended in Dec. 2023 was -0.44%. Montana Aerospace AG's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -2.15%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Montana Aerospace AG's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -0.28%.

Montana Aerospace AG EBIT Historical Data

The historical data trend for Montana Aerospace AG'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.

Montana Aerospace AG EBIT Chart

Montana Aerospace AG Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

EBIT

Get a 7-Day Free Trial

1.28

-41.92

-26.05

4.25

-3.63

Montana Aerospace AG Quarterly Data
	Dec18	Dec19	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
EBIT	Get a 7-Day Free Trial												27.34	-8.56	5.76	3.81	-4.79

Competitive Comparison of Montana Aerospace AG's EBIT

For the Aerospace & Defense subindustry, Montana Aerospace AG'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.

Montana Aerospace AG's EV-to-EBIT Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Montana Aerospace AG's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Montana Aerospace AG's EV-to-EBIT falls into.

Montana Aerospace AG 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 CHF-4 Mil.

Montana Aerospace AG (XSWX:AERO) EBIT Explanation

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

Montana Aerospace AG'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 )
=	-13.392 * ( 1 - 50.95% )	/	( (1569.224	+	1435.952)	/ 2 )
=	-6.568776	/	1502.588
=	-0.44 %

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	))
=	2048.624	-	181.067	-	( 298.333	-	max(0, 552.307	-	925.588	+	298.333	))
=	1569.224

	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	))
=	1825.284	-	223.252	-	( 166.08	-	max(0, 426.42	-	742.517	+	166.08	))
=	1435.952

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

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

Montana Aerospace AG'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 )
=	-19.164	/	( ( (698.616 + max(213.383, 0))	+	(691.423 + max(177.637, 0)) )	/	2 )
=	-19.164	/	( ( 911.999	+	869.06 )	/	2 )
=	-19.164	/	890.5295
=	-2.15 %

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)
=	(176.685	+	332.334	+	3.866)	-	(181.067	+	0	+	118.435)
=	213.383

	Working Capital		(Q: Dec. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(150.194	+	312.535	+	63.736)	-	(223.252	+	0	+	125.576)
=	177.637

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:

Montana Aerospace AG's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Dec. 2023 )
	=	-3.785	/	1353.440
	=	-0.28 %

Montana Aerospace AG EBIT Related Terms

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

Montana Aerospace AG (XSWX:AERO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Montana Aerospace AG (XSWX:AERO) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

AEROz:UK

Address

Alte Aarauerstrasse 11, Reinach, CHE, 5734

Website

https://www.montana-aerospace.com

Montana Aerospace AG is a vertically integrated manufacturer and supplier of complex components, structures and customized assemblies as well as semi-finished products for specialized applications in a wide array of end-markets. The company has three business segments namely aerostructures, e-mobility and energy. It has its geographic presence in Germany, USA, UK, Poland, Russia and Others.