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123Fahrschule SE (XTER:123F) EBIT : €-4.31 Mil (TTM As of Dec. 2023)


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What is 123Fahrschule SE EBIT?

123Fahrschule SE's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2023 was €-2.98 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was €-4.31 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. 123Fahrschule SE's annualized ROC % for the quarter that ended in Dec. 2023 was -23.67%. 123Fahrschule SE's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -108.04%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. 123Fahrschule SE's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -25.34%.

123Fahrschule SE EBIT Historical Data

The historical data trend for 123Fahrschule SE'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.

123Fahrschule SE EBIT Chart

123Fahrschule SE Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
EBIT
- -2.86 -5.74 -5.64 -4.31

123Fahrschule SE Semi-Annual Data
Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
EBIT Get a 7-Day Free Trial -3.74 -2.15 -3.49 -1.33 -2.98

Competitive Comparison of 123Fahrschule SE's EBIT

For the Education & Training Services subindustry, 123Fahrschule SE'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.

123Fahrschule SE's EV-to-EBIT Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, 123Fahrschule SE's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where 123Fahrschule SE's EV-to-EBIT falls into.


123Fahrschule SE 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 €-4.31 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.

123Fahrschule SE  (XTER:123F) EBIT Explanation

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

123Fahrschule SE'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 )
=-5.962 * ( 1 - 3.64% )/( (23.63 + 24.905)/ 2 )
=-5.7449832/24.2675
=-23.67 %

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))
=26.409 - 3.654 - ( 0.239 - max(0, 8.788 - 7.913+0.239))
=23.63

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))
=26.299 - 0.649 - ( 0.745 - max(0, 5.989 - 7.174+0.745))
=24.905

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:

123Fahrschule SE'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 )
=-5.962/( ( (4.614 + max(1.571, 0)) + (4.301 + max(0.551, 0)) )/ 2 )
=-5.962/( ( 6.185 + 4.852 )/ 2 )
=-5.962/5.5185
=-108.04 %

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)
=(3.904 + 0 + 3.77) - (3.654 + 0 + 2.449)
=1.571

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(2.987 + 0 + 3.442) - (0.649 + 0 + 5.229)
=0.551

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:

123Fahrschule SE's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2023 )
=-4.308/16.999
=-25.34 %

* 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.

123Fahrschule SE EBIT Related Terms

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123Fahrschule SE (XTER:123F) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » 123Fahrschule SE (XTER:123F) » Definitions » EBIT
Comparable Companies
FRA:9JK AIU EDU TAL HKSE:01797 ASX:IEL LOPE SZSE:002607 GHC COUR LRN LAUR ATGE HKSE:00839 STRA AFYA HKSE:02469 UDMY KUW:HUMANSOFT PRDO
Traded in Other Exchanges
123F:Germany
Address
Klopstockstr. 1, Cologne, DEU, 50968
Website
https://www.123fahrschule.de
123Fahrschule SE is a digital driving school chain. It is specialized in the consolidation and digital expansion of the classic driving license training of the German driving school market. The company offers its learner drivers a digital, effective and intelligent application software for administration, e-learning and individual learning status control for driver's license training for all driver's license classes.
Executives
Herr Boris Polenske Board of Directors

123Fahrschule SE (XTER:123F) Headlines

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