Computer Modelling Group (Computer Modelling Group) EBIT : $26.03 Mil (TTM As of Dec. 2023)

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What is Computer Modelling Group EBIT?

Computer Modelling Group's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2023 was $6.38 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was $26.03 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Computer Modelling Group's annualized ROC % for the quarter that ended in Dec. 2023 was 22.17%. Computer Modelling Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 85.05%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Computer Modelling Group's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 4.28%.

Computer Modelling Group EBIT Historical Data

The historical data trend for Computer Modelling 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.

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Computer Modelling Group EBIT Chart

Computer Modelling Group Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

EBIT

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23.10

24.77

23.07

20.95

20.89

Computer Modelling Group 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															6.50	5.56	7.24	6.85	6.38

Competitive Comparison of Computer Modelling Group's EBIT

For the Software - Application subindustry, Computer Modelling 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.

Computer Modelling Group's EV-to-EBIT Distribution in the Software Industry

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

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

Computer Modelling 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 Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $26.03 Mil.

Computer Modelling Group (OTCPK:CMDXF) EBIT Explanation

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

Computer Modelling Group'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 )
=	24.5 * ( 1 - 30.89% )	/	( (79.686	+	73.078)	/ 2 )
=	16.93195	/	76.382
=	22.17 %

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	))
=	110.966	-	11.885	-	( 35.64	-	max(0, 38.081	-	57.476	+	35.64	))
=	79.686

	Invested Capital		(Q: Dec. 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	))
=	111.922	-	12.402	-	( 33.678	-	max(0, 34.635	-	61.077	+	33.678	))
=	73.078

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

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

Computer Modelling Group'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 )
=	25.524	/	( ( (30.149 + max(-13.95, 0))	+	(29.875 + max(-5.195, 0)) )	/	2 )
=	25.524	/	( ( 30.149	+	29.875 )	/	2 )
=	25.524	/	30.012
=	85.05 %

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)
=	(19.677	+	0	+	2.159)	-	(11.885	+	23.9	+	0.0010000000000048)
=	-13.95

	Working Capital		(Q: Dec. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(23.919	+	0	+	3.48)	-	(12.402	+	20.192	+	0)
=	-5.195

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:

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

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Dec. 2023 )
	=	26.028	/	607.849
	=	4.28 %

Computer Modelling Group EBIT Related Terms

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Computer Modelling Group (Computer Modelling Group) Business Description

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CMG:Canada

Address

3710 33 Street N.W., Calgary, AB, CAN, T2L 2M1

Website

https://www.cmgl.ca

Computer Modelling Group Ltd is a Canada-based provider of reservoir simulation software for the oil and gas industry. Its capabilities include integrated analysis and optimization, black oil and unconventional simulation, reservoir and production system modelling, post-processor visualization, compositional simulation, thermal processes simulation, and fluid property characterization. The firm has operations in Americas, Europe, Middle East, Africa, and Asia-Pacific regions.