GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Traffic Technologies Ltd (ASX:TTI) » Definitions » EBIT

Traffic Technologies (ASX:TTI) EBIT : A$-9.36 Mil (TTM As of Dec. 2023)


View and export this data going back to 1998. Start your Free Trial

What is Traffic Technologies EBIT?

Traffic Technologies's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2023 was A$-2.30 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was A$-9.36 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Traffic Technologies's annualized ROC % for the quarter that ended in Dec. 2023 was -22.12%. Traffic Technologies's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -51.00%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Traffic Technologies's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -58.72%.


Traffic Technologies EBIT Historical Data

The historical data trend for Traffic Technologies'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.

Traffic Technologies EBIT Chart

Traffic Technologies 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 2.85 -11.44 2.15 1.60 -6.27

Traffic Technologies Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 0.99 0.60 0.79 -7.06 -2.30

Competitive Comparison of Traffic Technologies's EBIT

For the Railroads subindustry, Traffic Technologies'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.


Traffic Technologies's EV-to-EBIT Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Traffic Technologies's EV-to-EBIT distribution charts can be found below:

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



Traffic Technologies 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 semi-annually data reported by the company within the most recent 12 months, which was A$-9.36 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.


Traffic Technologies  (ASX:TTI) EBIT Explanation

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

Traffic Technologies'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: Jun. 2023 ) + Invested Capital (Q: Dec. 2023 ))/ count )
=-4.724 * ( 1 - 0% )/( (22.234 + 20.48)/ 2 )
=-4.724/21.357
=-22.12 %

where

Note: The Operating Income data used here is two times the semi-annual (Dec. 2023) data.

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

Traffic Technologies'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: Jun. 2023  Q: Dec. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-4.592/( ( (2.504 + max(8.135, 0)) + (3.8 + max(3.569, 0)) )/ 2 )
=-4.592/( ( 10.639 + 7.369 )/ 2 )
=-4.592/9.004
=-51.00 %

where Working Capital is:

Working Capital(Q: Jun. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(8.339 + 15.072 + 0.64) - (12.709 + 0 + 3.207)
=8.135

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(5.869 + 13.226 + 3.5527136788005E-15) - (12.542 + 0 + 2.984)
=3.569

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Dec. 2023) EBIT data.

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

Traffic Technologies's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2023 )
=-9.356/15.933
=-58.72 %

* 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.


Traffic Technologies EBIT Related Terms

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


Traffic Technologies (ASX:TTI) Business Description

Traded in Other Exchanges
N/A
Address
31 Brisbane Street, Eltham, Melbourne, VIC, AUS, 3095
Traffic Technologies Ltd is engaged in designing, manufacturing, and installation of traffic signals, traffic controllers, pedestrian countdown timers, electronic road signs, emergency telephones, portable roadside technology, and road lighting products. The Group has only one business segment: Traffic Products.