SmartPay Holdings (NZSE:SPY) EBIT : NZ$9.63 Mil (TTM As of Mar. 2024)

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What is SmartPay Holdings EBIT?

SmartPay Holdings's earnings before interest and taxes (EBIT) for the six months ended in Mar. 2024 was NZ$5.23 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was NZ$9.63 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. SmartPay Holdings's annualized ROC % for the quarter that ended in Mar. 2024 was 19.39%. SmartPay Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 38.45%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. SmartPay Holdings's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 3.03%.

SmartPay Holdings EBIT Historical Data

The historical data trend for SmartPay Holdings'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.

SmartPay Holdings EBIT Chart

SmartPay Holdings Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

EBIT

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-0.81

-13.40

3.17

8.18

9.63

SmartPay Holdings Semi-Annual Data
	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24
EBIT	Get a 7-Day Free Trial															2.54	3.02	5.16	4.40	5.23

Competitive Comparison of SmartPay Holdings's EBIT

For the Software - Infrastructure subindustry, SmartPay Holdings'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.

SmartPay Holdings's EV-to-EBIT Distribution in the Software Industry

For the Software industry and Technology sector, SmartPay Holdings's EV-to-EBIT distribution charts can be found below:

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

SmartPay Holdings 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. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was NZ$9.63 Mil.

SmartPay Holdings (NZSE:SPY) EBIT Explanation

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

SmartPay Holdings's annualized ROC % for the quarter that ended in Mar. 2024 is calculated as:

	ROC % (Q: Mar. 2024 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Sep. 2023 )	+	Invested Capital (Q: Mar. 2024 ))	/ count )
=	11.036 * ( 1 - -14.53% )	/	( (58.294	+	72.074)	/ 2 )
=	12.6395308	/	65.184
=	19.39 %

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	))
=	114.06	-	52.931	-	( 19.047	-	max(0, 54.457	-	57.292	+	19.047	))
=	58.294

	Invested Capital		(Q: Mar. 2024 )
=	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	))
=	151.576	-	79.433	-	( 20.227	-	max(0, 81.801	-	81.87	+	20.227	))
=	72.074

Note: The Operating Income data used here is two times the semi-annual (Mar. 2024) data.

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

SmartPay Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Mar. 2024 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Sep. 2023		Q: Mar. 2024
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	10.454	/	( ( (22.548 + max(-16.212, 0))	+	(31.83 + max(-76.917, 0)) )	/	2 )
=	10.454	/	( ( 22.548	+	31.83 )	/	2 )
=	10.454	/	27.189
=	38.45 %

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)
=	(38.15	+	0	+	0.094999999999999)	-	(52.931	+	0	+	1.526)
=	-16.212

	Working Capital		(Q: Mar. 2024 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(1.97	+	0	+	1.22)	-	(79.433	+	0.674	+	-1.4210854715202E-14)
=	-76.917

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Mar. 2024) EBIT data.

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

SmartPay Holdings's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Mar. 2024 )
	=	9.628	/	317.433
	=	3.03 %

SmartPay Holdings EBIT Related Terms

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SmartPay Holdings (NZSE:SPY) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » SmartPay Holdings Ltd (NZSE:SPY) » Definitions » EBIT

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Traded in Other Exchanges

SMP:Australia

Address

205-209 Wairau Road, Wairau Valley, Auckland, NZL, 0627

Website

https://www.smartpay.co.nz

SmartPay Holdings Ltd is engaged in the provision of payment solutions. It offers an electronic funds transfer at point of sale (EFTPOS) system. Its products include EFTPOS applications, Smartpay Labs, EFTPOS terminals, and mobile EFTPOS machines. The company designs develops and implements payment solutions for customers in New Zealand and Australia. It also licenses its technologies to third parties. The firm's majority of revenue comes from New Zealand.