GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Power Integrations Inc (NAS:POWI) » Definitions » EBIT

Power Integrations (Power Integrations) EBIT : $29.8 Mil (TTM As of Mar. 2024)


View and export this data going back to 1997. Start your Free Trial

What is Power Integrations EBIT?

Power Integrations's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was $0.5 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was $29.8 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Power Integrations's annualized ROC % for the quarter that ended in Mar. 2024 was 0.41%. Power Integrations's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 0.60%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Power Integrations's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 0.72%.


Power Integrations EBIT Historical Data

The historical data trend for Power Integrations'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.

Power Integrations EBIT Chart

Power Integrations 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 48.05 70.49 175.06 180.41 35.06

Power Integrations 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 5.76 12.64 17.71 -1.05 0.47

Competitive Comparison of Power Integrations's EBIT

For the Semiconductors subindustry, Power Integrations'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.


Power Integrations's EV-to-EBIT Distribution in the Semiconductors Industry

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

* The bar in red indicates where Power Integrations's EV-to-EBIT falls into.



Power Integrations 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 $29.8 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.


Power Integrations  (NAS:POWI) EBIT Explanation

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

Power Integrations'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 )
=1.88 * ( 1 - 0.45% )/( (459.432 + 456.635)/ 2 )
=1.87154/458.0335
=0.41 %

where

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))
=805.776 - 49.535 - ( 299.606 - max(0, 49.535 - 502.464+299.606))
=456.635

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

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

Power Integrations'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 )
=1.88/( ( (164.213 + max(151.164, 0)) + (159.945 + max(153.323, 0)) )/ 2 )
=1.88/( ( 315.377 + 313.268 )/ 2 )
=1.88/314.3225
=0.60 %

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)
=(14.674 + 163.164 + 22.193) - (48.867 + 0 + 0)
=151.164

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(12.279 + 167.865 + 22.714) - (49.535 + 0 + 0)
=153.323

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:

Power Integrations's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=29.772/4124.004
=0.72 %

* 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.


Power Integrations EBIT Related Terms

Thank you for viewing the detailed overview of Power Integrations's EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.


Power Integrations (Power Integrations) Business Description

Traded in Other Exchanges
Address
5245 Hellyer Avenue, San Jose, CA, USA, 95138-1002
Power Integrations Inc design, develop and market analog and mixed-signal integrated circuits (ICs) and other electronic components and circuitry used in high-voltage power conversion. Products are used in power converters that convert electricity from a high-voltage source to the type of power required for a specified downstream use. Products are used in electronic products including mobile phones, computing and networking equipment, appliances, electronic utility meters, battery-powered tools, industrial controls, and home-automation, or internet of things applications such as networked thermostats, power strips and security devices. Geographically, revenue is generated in China and Hong Kong.
Executives
Sandeep Nayyar officer: Chief Financial Officer C/O SMART GLOBAL HOLDINGS, INC., 39870 EUREKA DRIVE, NEWARK CA 94560
Balu Balakrishnan officer: President & CEO C/O POWER INTEGRATIONS, 5245 HELLYER AVE, SAN JOSE CA 95138
David Mh Matthews officer: VP of Product Development 5245 HELLYER AVE, SAN JOSE CA 95138
Doug Bailey officer: VP Marketing 5245 HELLYER AVE, SAN JOSE CA 95138
Clifford Walker officer: VP of Corp Development C/O POWER INTEGRATIONS, 5245 HELLYER AVE, SAN JOSE CA 95138
Sunil Gupta officer: VP of Operations INTERSIL CORPORATION, 1001 MURPHY RANCH ROAD, MILPITAS CA 95035
Nicholas Brathwaite director C/O POWER INTEGRATIONS, 5245 HELLYER AVE, SAN JOSE CA 95138
Yang Chiah Yee officer: VP, Worldwide Sales 2911 ZANKER ROAD, SAN JOSE CA 95134
Radu Barsan officer: VP of Technology, Engineering 5245 HELLYER AVE, SAN JOSE CA 95138
Necip Sayiner director 400 W CESAR CHAVEZ, AUSTIN TX 78701
Ravi Vig director C/O ALLEGRO MICROSYSTEMS, INC., 955 PERIMETER ROAD, MANCHESTER NH 03103
Nancy Lee Gioia director 6555 WEST GOOD HOPE RD., MILWAUKEE WI 53223
Steven Sharp director C/O POWER INTEGRATIONS, 5245 HELLYER AVE, SAN JOSE CA 95138
Ben Sutherland officer: Acting VP of Sales 5245 HELLYER AVE, SAN JOSE CA 95138
Jennifer A Lloyd director 5245 HELLYER AVE, SAN JOSE CA 95138