AVG Technologies NV (AVG Technologies NV) EBIT : $68.3 Mil (TTM As of Jun. 2016)

View and export this data going back to 2012. Start your Free Trial

What is AVG Technologies NV EBIT?

AVG Technologies NV's earnings before interest and taxes (EBIT) for the three months ended in Jun. 2016 was $12.4 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2016 was $68.3 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. AVG Technologies NV's annualized ROC % for the quarter that ended in Jun. 2016 was 6.48%. AVG Technologies NV's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2016 was 217.90%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. AVG Technologies NV's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2016 was 57.65%.

AVG Technologies NV EBIT Historical Data

The historical data trend for AVG Technologies NV'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.

AVG Technologies NV EBIT Chart

AVG Technologies NV Annual Data

Trend

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

EBIT

Get a 7-Day Free Trial

68.00

78.64

106.33

77.26

73.18

AVG Technologies NV Quarterly Data
	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16
EBIT	Get a 7-Day Free Trial															13.83	15.70	23.87	16.33	12.40

Competitive Comparison of AVG Technologies NV's EBIT

For the Software - Application subindustry, AVG Technologies NV'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.

AVG Technologies NV's EV-to-EBIT Distribution in the Software Industry

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

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

AVG Technologies NV 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 Jun. 2016 adds up the quarterly data reported by the company within the most recent 12 months, which was $68.3 Mil.

AVG Technologies NV (OTCPK:AVGTF) EBIT Explanation

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

AVG Technologies NV's annualized ROC % for the quarter that ended in Jun. 2016 is calculated as:

	ROC % (Q: Jun. 2016 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Mar. 2016 )	+	Invested Capital (Q: Jun. 2016 ))	/ count )
=	49.616 * ( 1 - 18.83% )	/	( (627.27	+	615.678)	/ 2 )
=	40.2733072	/	621.474
=	6.48 %

where

	Invested Capital		(Q: Mar. 2016 )
=	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	))
=	655.219	-	96.82	-	( 123.372	-	max(0, 263.637	-	194.766	+	123.372	))
=	627.27

	Invested Capital		(Q: Jun. 2016 )
=	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	))
=	618.822	-	80.873	-	( 96.715	-	max(0, 243.745	-	166.016	+	96.715	))
=	615.678

Note: The Operating Income data used here is four times the quarterly (Jun. 2016) data.

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

AVG Technologies NV's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2016 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Jun. 2016 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Mar. 2016		Q: Jun. 2016
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	49.616	/	( ( (23.322 + max(-189.943, 0))	+	(22.219 + max(-172.144, 0)) )	/	2 )
=	49.616	/	( ( 23.322	+	22.219 )	/	2 )
=	49.616	/	22.7705
=	217.90 %

where Working Capital is:

	Working Capital		(Q: Mar. 2016 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(36.475	+	0.761	+	34.158)	-	(96.82	+	164.517	+	0)
=	-189.943

	Working Capital		(Q: Jun. 2016 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(32.729	+	0.705	+	35.867)	-	(80.873	+	160.572	+	0)
=	-172.144

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Jun. 2016) EBIT data.

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

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

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Jun. 2016 )
	=	68.306	/	118.479
	=	57.65 %

AVG Technologies NV EBIT Related Terms

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

AVG Technologies NV (AVG Technologies NV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » AVG Technologies NV (OTCPK:AVGTF) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

http://www.avg.com

AVG Technologies N.V is functional in the software industry based in the Netherlands. The company designs products which allow the users of internet and computer systems a safe browsing and data management experience. Its product portfolio caters to the consumer and SMB markets across multiple devices and operating systems with Internet security, PC performance optimization, online backup, identity protection, family safety, mobile control and location services and dynamic secure search. AVG's suite of trademark products includes AVG Anti-Virus FREE, AVG Anti-Virus, AVG Web TuneUp, AVG Cleaner-Xperia and HideMyPhone, among others. The company's licenses derived through the consumer market, primarily in the United States are its major revenue drivers.

Executives

Ahmet H Okumus	10 percent owner	C/O OKUMUS FUND MANAGEMENT LTD., 767 THIRD AVENUE, 35TH FLOOR, NEW YORK NY 10022
Okumus Fund Management Ltd.	10 percent owner	767 THIRD AVENUE, 35TH FLOOR, NEW YORK NY 10017
Okumus Opportunistic Value Fund Ltd.	10 percent owner	CRAIGMUIR CHAMBERS, SUITE 71, ROAD TOWN, TORTOLA D8 VG 1110

AVG Technologies NV (AVG Technologies NV) Headlines

From GuruFocus

Will AVG's Sustain its Impressive Growth?

By AGInv AGInv • 05-19-2015