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DSP Group (DSP Group) EBIT : $-1.6 Mil (TTM As of Sep. 2021)


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What is DSP Group EBIT?

DSP Group's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2021 was $0.3 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2021 was $-1.6 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. DSP Group's annualized ROC % for the quarter that ended in Sep. 2021 was -0.05%. DSP Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2021 was 7.20%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. DSP Group's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2021 was -0.34%.


DSP Group EBIT Historical Data

The historical data trend for DSP 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.

* Premium members only.

DSP Group EBIT Chart

DSP Group Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.42 -3.08 -3.81 -2.74 -6.86

DSP Group Quarterly Data
Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21
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 -2.32 0.26 -1.77 -0.42 0.30

Competitive Comparison of DSP Group's EBIT

For the Semiconductors subindustry, DSP 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.


DSP Group's EV-to-EBIT Distribution in the Semiconductors Industry

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

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



DSP 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 Sep. 2021 adds up the quarterly data reported by the company within the most recent 12 months, which was $-1.6 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.


DSP Group  (NAS:DSPG) EBIT Explanation

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

DSP Group's annualized ROC % for the quarter that ended in Sep. 2021 is calculated as:

ROC % (Q: Sep. 2021 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jun. 2021 ) + Invested Capital (Q: Sep. 2021 ))/ count )
=1.204 * ( 1 - 106% )/( (137.941 + 133.993)/ 2 )
=-0.07224/135.967
=-0.05 %

where

Note: The Operating Income data used here is four times the quarterly (Sep. 2021) data.

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

DSP Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2021 is calculated as:

ROC (Joel Greenblatt) %(Q: Sep. 2021 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2021  Q: Sep. 2021
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=1.204/( ( (16.887 + max(-7.271, 0)) + (16.567 + max(-4.715, 0)) )/ 2 )
=1.204/( ( 16.887 + 16.567 )/ 2 )
=1.204/16.727
=7.20 %

where Working Capital is:

Working Capital(Q: Jun. 2021 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(13.502 + 6.384 + 0.57400000000001) - (17.901 + 0.169 + 9.661)
=-7.271

Working Capital(Q: Sep. 2021 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(18.019 + 7.009 + 0.57899999999999) - (18.818 + 0.089 + 11.415)
=-4.715

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Sep. 2021) EBIT data.

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2021 )
=-1.625/471.722
=-0.34 %

* 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.


DSP Group EBIT Related Terms

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DSP Group (DSP Group) Business Description

Traded in Other Exchanges
N/A
Address
2055 Gateway Place, Suite 480, San Jose, CA, USA, 95110
DSP Group Inc provides wireless chipset solutions for converged communications, delivering system solutions that combine semiconductors and software with reference designs. It provides a broad portfolio of wireless chipsets integrating DECT, Wi-Fi, PSTN, and VoIP technologies with state-of-the-art application processors. It also enables converged voice and data connectivity across diverse and enterprise consumer products, from cordless and VoIP phones to home gateways and connected multimedia screens. The company operates in three segments: Home, Unified Communications, and SmartVoice. The majority of the revenue is generated from the sale of wireless chipset solutions for converged communication at home. Its geographical segments are Hong Kong, Japan, Europe, China, Taiwan, and others.
Executives
Tali Chen officer: Chief Business Officer 2055 GATEWAY PLACE, SUITE 480 SAN JOSE CA 95110
Gabi Seligsohn director C/O DSP GROUP, INC., 2580 N. FIRST STREET, STE. 460, SAN JOSE CA 95131
Dror Levy officer: VP and CFO 5 SHENKAR STREET HERZELIYA L3 46120
Yair Seroussi director 2580 NORTH FIRST STREET SUITE 460 SAN JOSE CA 95131
Cynthia Paul director C/O DSP GROUP, INC., 5 SHENKAR STREET, HERZELIA L3 4672505
Ofer Elyakim director, officer: CEO 5 SHENKAR STREET HERZELIA L3 46120
Thomas A Lacey director C/O INTERNATIONAL DISPLAYWORKS, INC., 1613 SANTA CLARA DRIVE, STE 100, ROSEVILLE CA 95661-3542
Kenneth H Traub director
Norman P Taffe director 3901 NORTH FIRST STREET, SAN JOSE CA 95134
Patrick Tanguy director 2580 NORTH FIRST STREET SUITE 460 SAN JOSE CA 95131
William C Martin other: See Explanation of Responses C/O RAGING CAPITAL MANAGEMENT, LLC, TEN PRINCETON AVENUE, PO BOX 228, ROCKY HILL NJ 08553
Raging Capital Management, Llc other: See Explanation of Responses TEN PRINCETON AVENUE, PO BOX 228, ROCKY HILL NJ 08553-0228
Norman J. Rice director ONE MIDDLE STREET, SUITE 4, PORTSMOUTH NH 03801
Reuven Regev director 2580 NORTH FIRST STREET SUITE 460 SAN JOSE CA 95131
David Dahan officer: VP and COO 161 S. SAN ANTONIO ROAD SUITE 10 LOS ALTOS CA 94022