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MACOM Technology Solutions Holdings (MACOM Technology Solutions Holdings) EBIT : $90.4 Mil (TTM As of Mar. 2024)


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What is MACOM Technology Solutions Holdings EBIT?

MACOM Technology Solutions Holdings's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was $20.8 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was $90.4 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. MACOM Technology Solutions Holdings's annualized ROC % for the quarter that ended in Mar. 2024 was 4.35%. MACOM Technology Solutions Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 21.91%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. MACOM Technology Solutions Holdings's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 1.21%.


MACOM Technology Solutions Holdings EBIT Historical Data

The historical data trend for MACOM Technology Solutions Holdings'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.

MACOM Technology Solutions Holdings EBIT Chart

MACOM Technology Solutions Holdings Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only -387.35 -14.18 65.01 251.67 127.54

MACOM Technology Solutions Holdings Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 40.85 17.31 35.75 16.57 20.77

Competitive Comparison of MACOM Technology Solutions Holdings's EBIT

For the Semiconductors subindustry, MACOM Technology Solutions Holdings'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.


MACOM Technology Solutions Holdings's EV-to-EBIT Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, MACOM Technology Solutions Holdings's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where MACOM Technology Solutions Holdings's EV-to-EBIT falls into.



MACOM Technology Solutions Holdings 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $90.4 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.


MACOM Technology Solutions Holdings  (NAS:MTSI) EBIT Explanation

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

MACOM Technology Solutions Holdings's annualized ROC % for the quarter that ended in Mar. 2024 is calculated as:

ROC % (Q: Mar. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2023 ) + Invested Capital (Q: Mar. 2024 ))/ count )
=61.628 * ( 1 - 23.13% )/( (1085.694 + 1092.07)/ 2 )
=47.3734436/1088.882
=4.35 %

where

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))
=1650.802 - 101.817 - ( 463.291 - max(0, 102.869 - 744.951+463.291))
=1085.694

Invested Capital(Q: Mar. 2024 )
=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))
=1676.388 - 107.905 - ( 476.413 - max(0, 108.853 - 798.438+476.413))
=1092.07

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

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

MACOM Technology Solutions Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2023  Q: Mar. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=83.092/( ( (184.278 + max(179.843, 0)) + (180.229 + max(214.12, 0)) )/ 2 )
=83.092/( ( 364.121 + 394.349 )/ 2 )
=83.092/379.235
=21.91 %

where Working Capital is:

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(101.075 + 159.501 + 21.084) - (101.817 + 0 + 0)
=179.843

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(120.222 + 177.806 + 23.997) - (107.905 + 0 + 0)
=214.12

When net working capital is negative, 0 is used.

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

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

MACOM Technology Solutions Holdings's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=90.394/7447.952
=1.21 %

* 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.


MACOM Technology Solutions Holdings EBIT Related Terms

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MACOM Technology Solutions Holdings (MACOM Technology Solutions Holdings) Business Description

Traded in Other Exchanges
Address
100 Chelmsford Street, Lowell, MA, USA, 01851
MACOM Technology Solutions Holdings Inc is a provider of analog, digital and mixed-signal semiconductor solutions to original equipment manufacturers and distributors. These solutions are found in systems for industrial, medical, scientific, and test and measurement markets. The firm's portfolio of products includes integrated circuits, multichip modules, power pallets and transistors, diodes, amplifiers, switches and switch limiters, passive and active components, and complete subsystems. Roughly a third of the firm's revenue is generated in the United States, with the rest coming from China, Taiwan, and other countries across the world.
Executives
Robert Dennehy officer: SVP, Operations 100 CHELMSFORD STREET, LOWELL MA 01851
Stephen G Daly director 100 CHELMSFORD STREET, LOWELL MA 01851
Douglas J Carlson officer: SVP & GM, RF & Microwave MACOM TECHNOLOGY SOLUTIONS HOLDINGS INC., 100 CHELMSFORD ST., LOWELL MA 01851
Dong Hyun Hwang officer: SVP, Global Sales 100 CHELMSFORD STREET, LOWELL MA 01851
John Kober officer: Senior VP and CFO MACOM TECHNOLOGY SOLUTIONS HOLDINGS, INC, 100 CHELMSFORD STREET, LOWELL MA 01851
Ambra R. Roth officer: SVP, GC, HR & Secretary C/O MACOM TECHNOLOGY SOLUTIONS HOLDINGS, 100 CHELMSFORD STREET, LOWELL MA 01851
John L Ocampo director, 10 percent owner, officer: Chairman 100 CHELMSFORD STREET, LOWELL MA 01851
Geoffrey G Ribar director
Wayne Mack Struble officer: SVP, Advanced Semiconductor C/O MACOM TECHNOLOGY SOLUTIONS HOLDINGS, 100 CHELMSFORD STREET, LOWELL MA 01851
Jihye Whang Rosenband director C/O MACOM TECHNOLOGY SOLUTIONS HOLDINGS, 100 CHELMSFORD STREET, LOWELL MA 01851
Peter Y Chung director, other: Indirect GP of 10% Owner C/O SUMMIT PARTNERS, 222 BERKELEY STREET, 18TH FLR, BOSTON MA 02116
Charles R Bland director
John Ritchie director 303 VELOCITY WAY, FOSTER CITY X1 94404
Hegarty Conor Noel officer: PFO and PAO C/O MACOM TECHNOLOGY SOLUTIONS HOLDINGS, 100 CHELMSFORD STREET, LOWELL MA 01851
Vivek Rajgarhia officer: SVP & GM, Lightwave MACOM TECHNOLOGY SOLUTIONS HOLDINGS, INC, 100 CHELMSFORD ST., LOWELL MA 01851