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Cemtrex (Cemtrex) EBIT : $0.27 Mil (TTM As of Dec. 2023)


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What is Cemtrex EBIT?

Cemtrex's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2023 was $-0.66 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was $0.27 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Cemtrex's annualized ROC % for the quarter that ended in Dec. 2023 was -7.97%. Cemtrex's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -11.69%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Cemtrex's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 1.01%.


Cemtrex EBIT Historical Data

The historical data trend for Cemtrex'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.

Cemtrex EBIT Chart

Cemtrex Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only -7.85 -2.75 3.69 -6.95 -1.04

Cemtrex Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 -1.97 0.78 0.09 0.06 -0.66

Competitive Comparison of Cemtrex's EBIT

For the Software - Infrastructure subindustry, Cemtrex'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.


Cemtrex's EV-to-EBIT Distribution in the Software Industry

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

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



Cemtrex 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 quarterly data reported by the company within the most recent 12 months, which was $0.27 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.


Cemtrex  (NAS:CETX) EBIT Explanation

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

Cemtrex'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: Sep. 2023 ) + Invested Capital (Q: Dec. 2023 ))/ count )
=-2.952 * ( 1 - -5.71% )/( (37.031 + 41.325)/ 2 )
=-3.1205592/39.178
=-7.97 %

where

Note: The Operating Income data used here is four times the quarterly (Dec. 2023) data.

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

Cemtrex'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: Sep. 2023  Q: Dec. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-2.64/( ( (11.506 + max(9.776, 0)) + (11.265 + max(12.609, 0)) )/ 2 )
=-2.64/( ( 21.282 + 23.874 )/ 2 )
=-2.64/22.578
=-11.69 %

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)
=(10.353 + 8.739 + 2.819) - (9.474 + 2.621 + 0.040000000000003)
=9.776

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(11.401 + 7.939 + 2.162) - (6.258 + 2.634 + 0.0010000000000012)
=12.609

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Dec. 2023) EBIT data.

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2023 )
=0.273/26.952
=1.01 %

* 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.


Cemtrex EBIT Related Terms

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Cemtrex (Cemtrex) Business Description

Traded in Other Exchanges
Address
135 Fell Ct. Hauppaug, New York, NY, USA, 11222
Cemtrex Inc is a multi-industry technology company. It has expanded in a range of sectors, including smart technologies, virtual and augmented realities, industrial solutions, and intelligent security system. The company's operating segment includes the Security segment, Industrial Services segment and the Corporate segment. It generates maximum revenue from the Security segment. It geographically operates in USA, UK and India wherein maximum revenue is generated in USA.
Executives
Saagar Govil director, officer: Secretary and Director 19 ENGINEERS LANE, FARMINGDALE NY 11735
Renato Dela Rama officer: VP of Finance /CFO 19 ENGINEERS LANE, FARMINGDALE NY 11735
Shamik Shah director 19 ENGINEERS LANE, FARMINGDALE NY 11735
Ducon Technologies, Inc. other: See remarks 19 ENGINEERS LANE, FARMINGDALE NY 11735
Sunny Patel director 19 ENGINEERS LANE, FARMINGDALE NY 11735
Metodi Filipov director, officer: Vice President Operations 19 ENGINEERS LANE, FARMINGDALE NY 11735
Arun Govil director, officer: See Remarks 19 ENGINEERS LANE, FARMINGDALE NY 11735
Rama Rehato Dela director, officer: Vice President and Director 19 ENGINEERS LANE, FARMINGDALE NY 11735
Ravi Narayan director, officer: VICE PRESIDENT AND DIRECTOR 19 ENGINEERS LANE, FARMINGDALE NY 11735