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Balco Group AB (OSTO:BALCO) EBIT : kr42 Mil (TTM As of Jun. 2024)


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What is Balco Group AB EBIT?

Balco Group AB's earnings before interest and taxes (EBIT) for the three months ended in Jun. 2024 was kr10 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2024 was kr42 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Balco Group AB's annualized ROC % for the quarter that ended in Jun. 2024 was 1.54%. Balco Group AB's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was 12.99%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Balco Group AB's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was 3.32%.


Balco Group AB EBIT Historical Data

The historical data trend for Balco Group AB'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.

Balco Group AB EBIT Chart

Balco Group AB Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 138.33 111.40 116.20 101.41 71.68

Balco Group AB Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 Premium Member Only Premium Member Only 29.40 13.10 6.58 13.00 9.70

Competitive Comparison of Balco Group AB's EBIT

For the Residential Construction subindustry, Balco Group AB'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.


Balco Group AB's EV-to-EBIT Distribution in the Homebuilding & Construction Industry

For the Homebuilding & Construction industry and Consumer Cyclical sector, Balco Group AB's EV-to-EBIT distribution charts can be found below:

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



Balco Group AB 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 Jun. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was kr42 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.


Balco Group AB  (OSTO:BALCO) EBIT Explanation

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

Balco Group AB's annualized ROC % for the quarter that ended in Jun. 2024 is calculated as:

ROC % (Q: Jun. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Mar. 2024 ) + Invested Capital (Q: Jun. 2024 ))/ count )
=38 * ( 1 - 40.68% )/( (1487.1 + 1446.4)/ 2 )
=22.5416/1466.75
=1.54 %

where

Note: The Operating Income data used here is four times the quarterly (Jun. 2024) data.

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

Balco Group AB's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Jun. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Mar. 2024  Q: Jun. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=38.8/( ( (303 + max(-47.7, 0)) + (294.3 + max(-99.9, 0)) )/ 2 )
=38.8/( ( 303 + 294.3 )/ 2 )
=38.8/298.65
=12.99 %

where Working Capital is:

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(221.2 + 73.9 + 18) - (161.6 + 0 + 199.2)
=-47.7

Working Capital(Q: Jun. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(208.1 + 70.7 + 0.099999999999909) - (173.6 + 0 + 205.2)
=-99.9

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Jun. 2024) EBIT data.

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jun. 2024 )
=42.381/1276.279
=3.32 %

* 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.


Balco Group AB EBIT Related Terms

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Balco Group AB Business Description

Traded in Other Exchanges
N/A
Address
Algvagen 4, Vaxjo, SWE, 352 45
Balco Group AB provides expertise in supplying glazed balconies and balcony solutions. It offers customer-adapted and balcony solutions to tenant-owner associations, the public housing sector, private landlords, and construction companies. Its operating segment includes the Renovation segment including the replacement and extension of existing balconies and the installation of new balconies mainly glazed on apartment buildings. The New Build segment includes balconies in the construction of apartment buildings and balcony projects in the maritime market. It generates maximum revenue from the Renovation segment. Geographically, it derives a majority of its revenue from Sweden and also has a presence in Germany, Norway, Denmark the United Kingdom, Netherlands, Finland, and Switzerland.

Balco Group AB Headlines

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