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VAT Group AG (XSWX:VACN) EBIT : CHF212.4 Mil (TTM As of Dec. 2023)


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What is VAT Group AG EBIT?

VAT Group AG's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2023 was CHF100.1 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was CHF212.4 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. VAT Group AG's annualized ROC % for the quarter that ended in Dec. 2023 was 21.36%. VAT Group AG's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 47.41%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. VAT Group AG's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 1.44%.


VAT Group AG EBIT Historical Data

The historical data trend for VAT Group 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.

VAT Group AG EBIT Chart

VAT Group AG Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EBIT
Get a 7-Day Free Trial Premium Member Only 103.71 158.31 261.25 360.03 212.39

VAT Group AG Semi-Annual Data
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 142.94 174.54 185.49 112.33 100.06

Competitive Comparison of VAT Group AG's EBIT

For the Specialty Industrial Machinery subindustry, VAT Group 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.


VAT Group AG's EV-to-EBIT Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, VAT Group AG's EV-to-EBIT distribution charts can be found below:

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



VAT Group 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 semi-annually data reported by the company within the most recent 12 months, which was CHF212.4 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.


VAT Group AG  (XSWX:VACN) EBIT Explanation

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

VAT Group 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: Jun. 2023 ) + Invested Capital (Q: Dec. 2023 ))/ count )
=216.758 * ( 1 - 0.57% )/( (1047.377 + 970.178)/ 2 )
=215.5224794/1008.7775
=21.36 %

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))
=1185.254 - 102.222 - ( 120.506 - max(0, 457.715 - 493.37+120.506))
=1047.377

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))
=1168.456 - 75.652 - ( 144.145 - max(0, 343.066 - 465.692+144.145))
=970.178

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:

VAT Group 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: Jun. 2023  Q: Dec. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=200.122/( ( (215.686 + max(218.64, 0)) + (234.822 + max(175.159, 0)) )/ 2 )
=200.122/( ( 434.326 + 409.981 )/ 2 )
=200.122/422.1535
=47.41 %

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)
=(119.207 + 230.207 + 15.352) - (102.222 + 0 + 43.904)
=218.64

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(108.752 + 188.455 + 19.965) - (75.652 + 0 + 66.361)
=175.159

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2023 )
=212.393/14747.172
=1.44 %

* 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.


VAT Group AG EBIT Related Terms

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VAT Group AG (XSWX:VACN) Business Description

Traded in Other Exchanges
Address
Seelistrasse 1, Haag, CHE, 9469
VAT Group AG manufactures and sells valves that are used in machines. The company has two segments. The Valves segment is focused on its core vacuum valves technology and consists of three business units aligned with its markets: Semiconductors, Display & Solar, and Advanced Industrials. The second segment, Global Service, supplies a growing range of service products and solutions to help customers.

VAT Group AG (XSWX:VACN) Headlines

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