OCZ Technology Group (FRA:OADA) EBIT : €-41.5 Mil (TTM As of Aug. 2013)

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What is OCZ Technology Group EBIT?

OCZ Technology Group's earnings before interest and taxes (EBIT) for the three months ended in Aug. 2013 was €-16.5 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Aug. 2013 was €-41.5 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. OCZ Technology Group's annualized ROC % for the quarter that ended in Aug. 2013 was -263.37%. OCZ Technology Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Aug. 2013 was -1,078.18%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. OCZ Technology Group's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Aug. 2013 was -133.61%.

OCZ Technology Group EBIT Historical Data

The historical data trend for OCZ Technology Group'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.

OCZ Technology Group EBIT Chart

OCZ Technology Group Annual Data

Trend

Dec05

Dec06

Feb09

Feb10

Feb11

Feb12

Feb13

EBIT

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-8.64

-21.34

-93.31

-93.36

OCZ Technology Group Quarterly Data
	Feb09	Nov09	Feb10	May10	Aug10	Nov10	Feb11	May11	Aug11	Nov11	Feb12	May12	Feb13	May13	Aug13
EBIT	Get a 7-Day Free Trial										-88.83	-19.11	-15.27	-9.68	-16.51

Competitive Comparison of OCZ Technology Group's EBIT

For the Computer Hardware subindustry, OCZ Technology Group'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.

OCZ Technology Group's EV-to-EBIT Distribution in the Hardware Industry

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

* The bar in red indicates where OCZ Technology Group's EV-to-EBIT falls into.

OCZ Technology Group 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 Aug. 2013 adds up the quarterly data reported by the company within the most recent 12 months, which was €-41.5 Mil.

OCZ Technology Group (FRA:OADA) EBIT Explanation

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

OCZ Technology Group's annualized ROC % for the quarter that ended in Aug. 2013 is calculated as:

	ROC % (Q: Aug. 2013 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: May. 2013 )	+	Invested Capital (Q: Aug. 2013 ))	/ count )
=	-57.44 * ( 1 - -0.36% )	/	( (15.32	+	28.457)	/ 2 )
=	-57.646784	/	21.8885
=	-263.37 %

where

	Invested Capital		(Q: May. 2013 )
=	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	))
=	54	-	34.802	-	( 3.878	-	max(0, 38.759	-	44.034	+	3.878	))
=	15.32

	Invested Capital		(Q: Aug. 2013 )
=	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	))
=	45.271	-	25.174	-	( 7.946	-	max(0, 44.557	-	36.197	+	7.946	))
=	28.457

Note: The Operating Income data used here is four times the quarterly (Aug. 2013) data.

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

OCZ Technology Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Aug. 2013 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Aug. 2013 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: May. 2013		Q: Aug. 2013
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	-66.044	/	( ( (5.668 + max(1.397, 0))	+	(5.186 + max(-3.501, 0)) )	/	2 )
=	-66.044	/	( ( 7.065	+	5.186 )	/	2 )
=	-66.044	/	6.1255
=	-1,078.18 %

where Working Capital is:

	Working Capital		(Q: May. 2013 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(10.96	+	22.775	+	6.421)	-	(34.802	+	0.743	+	3.214)
=	1.397

	Working Capital		(Q: Aug. 2013 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(6.838	+	17.853	+	3.56)	-	(25.174	+	0.736	+	5.842)
=	-3.501

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Aug. 2013) EBIT data.

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

OCZ Technology Group's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Aug. 2013 )
	=	-41.465	/	31.034
	=	-133.61 %

OCZ Technology Group EBIT Related Terms

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OCZ Technology Group (FRA:OADA) Business Description

Industry

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Address

Website

http://www.ocztechnology.com

OCZ Technology Group, Inc., a Delaware corporation was formed in 2002. The Company is a provider of high performance solid state drives (SSDs) and memory modules for computing devices and systems. It develops flexible and customizable component solutions quickly and efficiently to meet the ever changing market needs and provide superior customer service. Historically, it mainly sold high performance memory modules to individual computing enthusiasts through catalog and online retail channels. However, SSDs have emerged as a strong market alternative to conventional disk drive technology and SSDs are rooted in much of the same basic technological concepts as its legacy memory module business. Today, as part of a diversification strategy which began in fiscal year 2009, its product mix is significantly more weighted toward the sale of SSDs and the SSD product line has become central to its business. As a result, its target customers are increasingly enterprises and original equipment manufacturers (or OEMs). It designs, develops, manufactures and distributes high performance components for computing devices and systems, including SSDs, other flash memory storage, memory modules, thermal management solutions and PSUs. Its ten largest customers are Amazon.com; ASK Corporation; BAS Group; D&H Distribution Company; Maxcom Memory GmbH; Memoryworld GmbH & Co., KG; Micro Center Corporation; Micro Peripherals LTD; NewEgg.com, operated by Magnell Associate Inc.; and SYX Distribution, Inc. The Company's business is subject to regulation by various federal and state governmental agencies.

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