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Standex International (Standex International) EBIT : $167.8 Mil (TTM As of Dec. 2023)


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What is Standex International EBIT?

Standex International's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2023 was $25.5 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was $167.8 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Standex International's annualized ROC % for the quarter that ended in Dec. 2023 was 11.94%. Standex International's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 30.52%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Standex International's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 8.02%.


Standex International EBIT Historical Data

The historical data trend for Standex International'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.

Standex International EBIT Chart

Standex International Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 77.73 61.55 58.69 87.16 169.35

Standex International Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 27.88 87.77 28.44 26.07 25.50

Competitive Comparison of Standex International's EBIT

For the Specialty Industrial Machinery subindustry, Standex International'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.


Standex International's EV-to-EBIT Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Standex International's EV-to-EBIT distribution charts can be found below:

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



Standex International 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 Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $167.8 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.


Standex International  (NYSE:SXI) EBIT Explanation

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

Standex International's annualized ROC % for the quarter that ended in Dec. 2023 is calculated as:

ROC % (Q: Dec. 2023 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Sep. 2023 ) + Invested Capital (Q: Dec. 2023 ))/ count )
=113.548 * ( 1 - 22.09% )/( (737.524 + 744.825)/ 2 )
=88.4652468/741.1745
=11.94 %

where

Invested Capital(Q: Sep. 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))
=981.433 - 117.079 - ( 126.83 - max(0, 131.657 - 420.047+126.83))
=737.524

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))
=1005.061 - 117.812 - ( 142.424 - max(0, 130.542 - 435.999+142.424))
=744.825

Note: The Operating Income data used here is four times the quarterly (Dec. 2023) data.

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

Standex International's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 is calculated as:

ROC (Joel Greenblatt) %(Q: Dec. 2023 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Sep. 2023  Q: Dec. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=102/( ( (164.543 + max(169.302, 0)) + (166.625 + max(167.898, 0)) )/ 2 )
=102/( ( 333.845 + 334.523 )/ 2 )
=102/334.184
=30.52 %

where Working Capital is:

Working Capital(Q: Sep. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(127.164 + 98.29 + 66.819) - (117.079 + 0 + 5.892)
=169.302

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(125.575 + 98.592 + 65.572) - (117.812 + 0 + 4.029)
=167.898

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Dec. 2023) EBIT data.

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

Standex International's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2023 )
=167.777/2092.378
=8.02 %

* 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.


Standex International EBIT Related Terms

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Standex International (Standex International) Business Description

Traded in Other Exchanges
Address
23 Keewaydin Drive, Salem, NH, USA, 03079
Standex International Corp is a us-based firm. It engages in manufacturing a variety of products and services for several commercial and industrial markets. It has five segments that include Electronics; Engraving; Scientific; Engineering Technologies and Specialty Solutions. With its business spread majorly in the United States, most of the company revenues come from the Electronics business that primarily includes manufacturing and selling of electronic components for applications throughout the end-user market spectrum.
Executives
Ademir Sarcevic officer: Vice President/CFO/Treasurer 5500 WAYZATA BOULEVARD, MINNEAPOLIS MN 55416
Barbara Joanne Edwards director 11 KEEWAYDIN DRIVE, SUITE 300, SALEM NH 03079
Sean C Valashinas officer: Chief Accounting Officer C/O STANDEX INTERNATIONAL CORPORATION, 11 KEEWAYDIN DRIVE, SUITE 300, SALEM NH 03079
Alan J Glass officer: Vice President/CLO
Thomas E Chorman director
David A. Dunbar director, officer: President/CEO 11 KEEWAYDIN DRIVE, SUITE 300, SALEM NH 03079
Paul C. Burns other: Vice President Corporate Devel 11 KEEWAYDIN DRIVE, SUITE 300, SALEM NH 03079
Cannon Charles H Jr director 200 E RANDOLPH DRIVE, CHICAGO IL 60601
Thomas J Hansen director 3600 W. LAKE AVENUE, GLENVIEW IL 60026-1215
Maschera Flavio officer: Vice President/Chief Innovatio 23 KEEWAYDIN DRIVE, SUITE 300, SALEM NH 03079
Robin J Davenport director 23 KEEWAYDIN DRIVE, SUITE 300, SALEM NH 03079
James A. Hooven officer: VP Operations & Supply Chain ONE BATESVILLE BOULEVARD, BATESVILLE IN 47006
Annemarie Bell officer: Vice President Human Resources 11 KEEWAYDIN DRIVE, SUITE 300, SALEM NH 03079
Thomas D. Debyle Chief Financial Officer, other: Insider STANDEX INT'L, 6 MANOR PARKWAY, SALEM NH 03079
Gerald H Fickenscher director 199 BENSON RD, MIDDLEBURY CT 06749

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