SL Industries (SL Industries) EBIT : $17.3 Mil (TTM As of Mar. 2016)

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

What is SL Industries EBIT?

SL Industries's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2016 was $3.3 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2016 was $17.3 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. SL Industries's annualized ROC % for the quarter that ended in Mar. 2016 was 9.56%. SL Industries's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2016 was 28.56%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. SL Industries's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2016 was 10.89%.

SL Industries EBIT Historical Data

The historical data trend for SL Industries'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.

SL Industries EBIT Chart

SL Industries Annual Data

Trend

Dec06

Dec07

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

EBIT

Get a 7-Day Free Trial

18.60

13.07

12.96

21.25

18.16

SL Industries Quarterly Data
	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16
EBIT	Get a 7-Day Free Trial															4.15	5.63	2.96	5.42	3.27

Competitive Comparison of SL Industries's EBIT

For the Electronic Components subindustry, SL Industries'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.

SL Industries's EV-to-EBIT Distribution in the Hardware Industry

For the Hardware industry and Technology sector, SL Industries's EV-to-EBIT distribution charts can be found below:

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

SL Industries 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. 2016 adds up the quarterly data reported by the company within the most recent 12 months, which was $17.3 Mil.

SL Industries (AMEX:SLI) EBIT Explanation

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

SL Industries's annualized ROC % for the quarter that ended in Mar. 2016 is calculated as:

	ROC % (Q: Mar. 2016 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Dec. 2015 )	+	Invested Capital (Q: Mar. 2016 ))	/ count )
=	12.932 * ( 1 - 34.4% )	/	( (86.758	+	90.762)	/ 2 )
=	8.483392	/	88.76
=	9.56 %

where

	Invested Capital		(Q: Dec. 2015 )
=	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	))
=	133.92	-	36.185	-	( 10.977	-	max(0, 50.647	-	77.26	+	10.977	))
=	86.758

	Invested Capital		(Q: Mar. 2016 )
=	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	))
=	130.269	-	34.218	-	( 5.289	-	max(0, 46.305	-	74.542	+	5.289	))
=	90.762

Note: The Operating Income data used here is four times the quarterly (Mar. 2016) data.

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

SL Industries's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2016 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Mar. 2016 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Dec. 2015		Q: Mar. 2016
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	13.076	/	( ( (18.166 + max(24.807, 0))	+	(18.222 + max(30.367, 0)) )	/	2 )
=	13.076	/	( ( 42.973	+	48.589 )	/	2 )
=	13.076	/	45.781
=	28.56 %

where Working Capital is:

	Working Capital		(Q: Dec. 2015 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(31.073	+	23.722	+	7.159)	-	(36.185	+	0.428	+	0.534)
=	24.807

	Working Capital		(Q: Mar. 2016 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(32.803	+	24.37	+	7.999)	-	(34.218	+	0.541	+	0.045999999999999)
=	30.367

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2016) EBIT data.

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

SL Industries's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Mar. 2016 )
	=	17.275	/	158.680
	=	10.89 %

SL Industries EBIT Related Terms

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

SL Industries (SL Industries) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » SL Industries Inc (AMEX:SLI) » Definitions » EBIT

Traded in Other Exchanges

N/A

Address

Website

http://www.slindustries.com

SL Industries Inc was incorporated as G-L Electronics Company in the state of New Jersey on March 29, 1956. The Companys name was changed to G-L Industries, Inc. in November 1963; SGL Industries, Inc. in November 1970; and then to the present name of SL Industries, Inc. in September 1984. The Company through its subsidiaries, designs, manufactures and markets power electronics, motion control, power protection, power quality, and specialized communication equipment that is used in a variety of medical, commercial and military aerospace, solar, computer, datacom, industrial, telecom, transportation, utility, rail and highway equipment applications. Its products are generally incorporated into larger systems to improve operating performance, safety, reliability and efficiency. The Companys products are largely sold to Original Equipment Manufacturers (OEMs), the utility industry and, to a lesser extent, to commercial distributors. The Company currently operates under four business segments: SL Power Electronics Corp. (SLPE), the High Power Group, SL Montevideo Technology, Inc. (SL-MTI) and RFL Electronics Inc. (RFL). TEAL Electronics Corp. (TEAL) and MTE Corporation (MTE) are combined into one business segment, which is reported as the High Power Group. SL Power Electronics Corp. designs, manufactures and markets high-reliability power conversion products in internal and external footprints. The Companys power supplies provide a reliable and safe power source for the customers specific equipment needs. SLPE, which sells products under three brand names (SL Power Electronics, Condor and Ault), is a supplier to the OEMs of medical, industrial/instrumentation, LED, and information technology equipment. The High Power Group sells products under two brand names: TEAL and MTE. TEAL designs and manufactures power quality products that include noise suppression isolation transformers, power conditioned distribution systems, voltage regulators, and high level integrated cabinets with preinstalled prewired power quality and distribution components. TEAL sells to OEMs of medical imaging, medical treatment, military aerospace, semiconductor, solar, and simulation systems. MTE designs and manufactures power quality solutions used to protect electrical equipment, bring harmonics into compliance, and improve the efficiency of variable speed motor drive systems. MTEs standard product lines include: harmonic filters, three-phase AC reactors, DC link chokes, and motor protection filters. TEAL and MTE also design and build customer specific and custom products for special applications. These products are typically used in industrial plants, renewable energy facilities, and commercial buildings. SL-MTI designs and manufactures high power density precision motors that are used in numerous mission critical applications, including military and commercial aerospace, oil and gas, medical, and industrial products. RFL designs and manufactures communication

Executives

Fejes William Theodore Jr	officer: President and CEO	440 NORTH FIFTH AVENUE, CHAMBERSBURG PA 17201
James A Risher	director	8609 SIX FORKS RD, RALEIGH NC 27615
Louis J Belardi	officer: CFO, Secretary and Treasurer	520 FELLOWSHIP ROAD, SUITE A114, MT. LAUREL NJ 08054
Glen M Kassan	director, other: See Explanation of Responses	C/O STEEL PARTNERS, 590 MADISON AVE, NEW YORK NY 10022
Warren G Lichtenstein	director, other: See Explanation of Responses	C/O STEEL PARTNERS II L P, 590 MADISON AVENUE, 32ND FLOOR, NEW YORK NY 10022
Mark E Schwarz	director	5420 LYNDON B. JOHNSON FREEWAY, SUITE 1100, DALLAS TX 75240
Avrum Gray	director	440 S LASALLE ST STE 650, CHIACAGO IL 60605
Sph Group Holdings Llc	10 percent owner	C/O STEEL PARTNERS HOLDINGS L.P., 590 MADISON AVENUE, 32ND FLOOR, NEW YORK NY 10022
Sph Group Llc	10 percent owner	C/O STEEL PARTNERS HOLDINGS L.P., 590 MADISON AVENUE, 32ND FLOOR, NEW YORK NY 10022
Steel Partners Holdings Gp Inc.	10 percent owner	590 MADISON AVENUE, 32ND FLOOR, NEW YORK NY 10022
Steel Partners Holdings L.p.	10 percent owner	590 MADISON AVENUE, 32ND FLOOR, NEW YORK NY 10022
Steel Partners Llc	10 percent owner	590 MADISON AVENUE, 32ND FLOOR, NEW YORK NY 10022
Steel Partners Ii Lp	10 percent owner	590 MADISON AVENUE, 32ND FLOOR, NEW YORK NY 10022
James R Henderson	other: Former Director as of 3/30/10
Steel Partners Llc	10 percent owner	590 MADISON AVENUE, 32ND FLOOR, NEW YORK NY 10022