Looks like there`s been an error while trying to load this page.
Our team has been notified but please contact us using the email support widget if the problem persists.
We've identified the following companies as similar to Akastor ASA because they operate in a related industry or sector. We also considered size, growth, and various financial metrics to narrow down the list to the ones listed below.
To view the full list of supported financial metrics please see Complete Metrics Listing.
Metrics similar to Unadjusted EBIT in the financials category include:
Income before interest and taxes
Unadjusted EBIT for Akastor is calculated as follows:
Earnings Before Taxes [ 142.8 M ]
(+) Net Interest Expense [ 3.074 M ]
(+) Non Operating Expenses [ -79.758 M ]
(=) Unadjusted EBIT [ 66.143 M ]
Unadjusted EBIT is defined as Earnings before Interest and Taxes including unusual items. It is a commonly used metric in valuation as a proxy for operating profitability. EBIT gives us a clearer picture of profitability when comparing companies with different levels of debt since it excludes interest expense.
Two companies that are otherwise similar may have different levels of debt. The company with higher debt will likely have higher interest expense and lower Net Income. Since EBITDA ignores interest expense, it is not directly affected by management’s financing decisions.
The amount of a tax a company pays each year is determined by a wide range of factors that does not always reflect the profitability of the company since the taxes a company is subject to reflects factors like political jurisdictions, past loss carryforwards, research and development tax credits, and depreciation on capital assets to name a few.
Unusual items consist of income or expenses included in a company’s income statement from events, which are unusual and infrequent in nature.
EBIT is most useful in ratios to benchmark profitability, growth, credit risk, and relative valution. Popular EBIT benchmark metrics include unadjusted ebit margin, unadjusted ebit growth, and ev / ebit.
The chart above depicts the distribution of Unadjusted EBIT for companies operating in the Energy Sector in the Developed economic region. Over 925 companies were considered in this analysis, and 894 had meaningful values. The average Unadjusted EBIT of companies in the Sector is 255.7 M with a standard deviation of 822.6 M. Please note that Sector and Industry values may differ from other sources, as no adjustments have been made.
Akastor ASA's Unadjusted EBIT of 66.143 M ranks in the 71.0% percentile for the Sector. The following table provides additional summary stats:
| Economic Risk Region | Developed |
| Total Constituents | 930 |
| Included Constituents | 894 |
| Min | -157.2 M |
| Max | 6.078 B |
| Median | 1.014 M |
| Mean | 255.7 M |
| Standard Deviation | 822.6 M |
You can find companies with similar Unadjusted EBIT using this stock screener.