Gencor Industries (Gencor Industries) EBIT : $16.6 Mil (TTM As of Mar. 2024)

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What is Gencor Industries EBIT?

Gencor Industries's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was $7.1 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was $16.6 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Gencor Industries's annualized ROC % for the quarter that ended in Mar. 2024 was 24.54%. Gencor Industries's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 39.94%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Gencor Industries's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 9.30%.

Gencor Industries EBIT Historical Data

The historical data trend for Gencor Industries'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.

Gencor Industries EBIT Chart

Gencor Industries Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

EBIT

Get a 7-Day Free Trial

9.47

5.54

0.70

4.17

13.43

Gencor Industries Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
EBIT	Get a 7-Day Free Trial															5.16	3.45	2.69	3.38	7.07

Competitive Comparison of Gencor Industries's EBIT

For the Farm & Heavy Construction Machinery subindustry, Gencor Industries'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.

Gencor Industries's EV-to-EBIT Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Gencor Industries's EV-to-EBIT distribution charts can be found below:

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

Gencor Industries 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 quarterly data reported by the company within the most recent 12 months, which was $16.6 Mil.

Gencor Industries (AMEX:GENC) EBIT Explanation

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

Gencor Industries'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: Dec. 2023 )	+	Invested Capital (Q: Mar. 2024 ))	/ count )
=	28.288 * ( 1 - 23% )	/	( (94.056	+	83.478)	/ 2 )
=	21.78176	/	88.767
=	24.54 %

where

	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	))
=	205.658	-	6.812	-	( 104.79	-	max(0, 19.749	-	189.568	+	104.79	))
=	94.056

	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	))
=	206.042	-	5.457	-	( 117.107	-	max(0, 13.759	-	190.282	+	117.107	))
=	83.478

Note: The Operating Income data used here is four times the quarterly (Mar. 2024) data.

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

Gencor Industries'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: Dec. 2023		Q: Mar. 2024
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	28.288	/	( ( (12.947 + max(59.1, 0))	+	(12.296 + max(57.304, 0)) )	/	2 )
=	28.288	/	( ( 72.047	+	69.6 )	/	2 )
=	28.288	/	70.8235
=	39.94 %

where Working Capital is:

	Working Capital		(Q: Dec. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(4.028	+	72.209	+	2.377)	-	(6.812	+	12.702	+	-3.5527136788005E-15)
=	59.1

	Working Capital		(Q: Mar. 2024 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(5.758	+	63.732	+	1.216)	-	(5.457	+	7.945	+	0)
=	57.304

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2024) EBIT data.

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

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

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Mar. 2024 )
	=	16.6	/	178.535
	=	9.30 %

Gencor Industries EBIT Related Terms

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Gencor Industries (Gencor Industries) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » Gencor Industries Inc (AMEX:GENC) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

N/A

Address

5201 North Orange Blossom Trail, Orlando, FL, USA, 32810

Website

https://www.gencor.com

Gencor Industries Inc and its subsidiaries is a manufacturer of heavy machinery used in the production of highway construction materials and environmental control equipment. The Company has one reporting segment, equipment for the highway construction industry. The firm's principal products include asphalt plants, combustion systems, hot mix asphalt plants, fluid heat transfer systems, and asphalt pavers.

Executives

Jeanne M Lyons	officer: Secretary	5201 N. ORANGE BLOSSOM TRAIL, ORLANDO FL 32810
Ketcham Walter A Jr	director	5201 N ORANGE BLOSSOM TRAIL, ORLANDO FL 32810
Thomas A. Vecchiolla	director	601 QUEEN STREET, ALEXANDRIA VA 22314
Eric E Mellen	officer: CFO	5201 N. ORANGE BLOSSOM TRAIL, ORLANDO FL 32810
James P Sharp	director	5201 N. ORANGE BLOSSOM TRAIL, ORLANDO FL 32810
Marc G Elliott	officer: Pres., Const. Equip. Group	5201 N ORANGE BLOSSOM TRAIL, ORLANDO FL 32810
John G Coburn	director	10505 GUNSTON ROAD, HORTON VA 22079
Sherry Houtkin	10 percent owner	3900 ISLAND BLVD., PENTHOUSE 4, AVENTURA FL 33160
David Air	director	PO BOX 1188, DUNDEE FL 33838
Dondero Cort J	director
Lawrence C Maingot	officer: Vice President and Controller	5201 N. ORANGE BLOSSOM TRAIL, ORLANDO FL 32810
Dennis Bryan Hunt	officer: Senior Vice President	2790 MARSH WREN CIRCLE, LONGWOOD FL 32779
Lawrence K Miles	officer: Vice President Product Support	5201 N. ORANGE BLOSSOM TRAIL, ORLANDO FL 32810
Lowell Raymond Adams	officer: CFO and Treasurer	1722 SE HALYARD LANE, VANCOUVER WA 98661
Robert A Mifflin	officer: Interim CFO	5201 N. ORANGE BLOSSOM TRAIL, ORLANDO FL 32810