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Accord Synergy (NSE:ACCORD) EBIT : ₹2.9 Mil (TTM As of Mar. 2023)


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What is Accord Synergy EBIT?

Accord Synergy's earnings before interest and taxes (EBIT) for the six months ended in Mar. 2023 was ₹3.4 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2023 was ₹2.9 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Accord Synergy's annualized ROC % for the quarter that ended in Mar. 2023 was 1.35%. Accord Synergy's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2023 was 9.29%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Accord Synergy's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2023 was 4.58%.


Accord Synergy EBIT Historical Data

The historical data trend for Accord Synergy'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.

Accord Synergy EBIT Chart

Accord Synergy Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
EBIT
Get a 7-Day Free Trial Premium Member Only 57.93 34.18 22.97 -55.96 2.88

Accord Synergy Semi-Annual Data
Mar15 Mar16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23
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 14.51 -16.97 -38.99 -0.57 3.45

Competitive Comparison of Accord Synergy's EBIT

For the Telecom Services subindustry, Accord Synergy'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.


Accord Synergy's EV-to-EBIT Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Accord Synergy's EV-to-EBIT distribution charts can be found below:

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



Accord Synergy 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. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was ₹2.9 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.


Accord Synergy  (NSE:ACCORD) EBIT Explanation

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

Accord Synergy's annualized ROC % for the quarter that ended in Mar. 2023 is calculated as:

ROC % (Q: Mar. 2023 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Sep. 2022 ) + Invested Capital (Q: Mar. 2023 ))/ count )
=1.236 * ( 1 - -10.13% )/( (84.56 + 116.753)/ 2 )
=1.3612068/100.6565
=1.35 %

where

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

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

Accord Synergy's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2023 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2023 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Sep. 2022  Q: Mar. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=6.898/( ( (10.438 + max(36.495, 0)) + (9.522 + max(92.039, 0)) )/ 2 )
=6.898/( ( 46.933 + 101.561 )/ 2 )
=6.898/74.247
=9.29 %

where Working Capital is:

Working Capital(Q: Sep. 2022 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(42.903 + 0 + -0.0010000000000048) - (0.987 + 0 + 5.42)
=36.495

Working Capital(Q: Mar. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(93.627 + 7.193 + 16.762) - (24.376 + 0 + 1.167)
=92.039

When net working capital is negative, 0 is used.

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

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

Accord Synergy's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2023 )
=2.875/62.705
=4.58 %

* 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.


Accord Synergy EBIT Related Terms

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Accord Synergy (NSE:ACCORD) Business Description

Traded in Other Exchanges
N/A
Address
302, Shine Plaza, Near Natubhai Circle, Race Course, Vadodara, GJ, IND, 390007
Accord Synergy Ltd is engaged in support services to the telecom industries. The company has two reportable segments which are Telecom services and Civil contracts of which Telecom services segment generates majority of its revenue for the company. The company offers network planning and optimization, network rollout, managed services, and manpower outsourcing through a sub-contracting basis. It also provides all services related to planning, installation and commissioning, operation, modification and maintenance of telecom networks to the customers. Geographically, it operates only in India.

Accord Synergy (NSE:ACCORD) Headlines

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