Market Cap : 680.34 M | Enterprise Value : 738.68 M | PE Ratio : 18.21 | PB Ratio : |
---|
NAS:WINA has been successfully added to your Stock Email Alerts list.
You can manage your stock email alerts here.
NAS:WINA has been removed from your Stock Email Alerts list.
Please enter Portfolio Name for new portfolio.
Winmark's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2022 was $13.44 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2022 was $52.12 Mil.
EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Winmark's annualized ROC % for the quarter that ended in Mar. 2022 was 258.66%. Winmark's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2022 was 1,099.56%.
EBIT is also linked to Joel Greenblatt's definition of earnings yield. Winmark's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2022 was 7.06%.
The historical data trend for Winmark'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.
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. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was $52.12 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.
1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.
Winmark's annualized ROC % for the quarter that ended in Mar. 2022 is calculated as:
ROC % (Q: Mar. 2022 ) | ||||||
= | NOPAT | / | Average Invested Capital | |||
= | Operating Income * ( 1 - Tax Rate % ) | / | ( (Invested Capital (Q: Dec. 2021 ) | + | Invested Capital (Q: Mar. 2022 )) | / count ) |
= | 53.752 * ( 1 - 23.77% ) | / | ( (16.431 | + | 15.252) | / 2 ) |
= | 40.9751496 | / | 15.8415 | |||
= | 258.66 % |
where
Invested Capital | (Q: Dec. 2021 ) | |||||||||||
= | 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 | )) |
= | 26.899 | - | 3.014 | - | ( 14.298 | - | max(0, 9.978 | - | 17.432 | + | 14.298 | )) |
= | 16.431 |
Invested Capital | (Q: Mar. 2022 ) | |||||||||||
= | 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 | )) |
= | 15.271 | - | 6.786 | - | ( 2.881 | - | max(0, 12.653 | - | 5.886 | + | 2.881 | )) |
= | 15.252 |
Note: The Operating Income data used here is four times the quarterly (Mar. 2022) data.
2. Joel Greenblatt's definition of Return on Capital:
Winmark's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2022 is calculated as:
ROC (Joel Greenblatt) % | (Q: Mar. 2022 ) | ||||||
= | EBIT | / | Average of (Net fixed Assets | + | Net Working Capital) | ||
= | EBIT | / | Average of (Property, Plant and Equipment | + | Net Working Capital) | ||
Q: Dec. 2021 | Q: Mar. 2022 | ||||||
= | EBIT | / | ( ( (Property, Plant and Equipment + Net Working Capital) | + | (Property, Plant and Equipment + Net Working Capital) ) | / | count ) |
= | 53.752 | / | ( ( (4.959 + max(-4.353, 0)) | + | (4.818 + max(-5.415, 0)) ) | / | 2 ) |
= | 53.752 | / | ( ( 4.959 | + | 4.818 ) | / | 2 ) |
= | 53.752 | / | 4.8885 | ||||
= | 1,099.56 % |
where Working Capital is:
Working Capital | (Q: Dec. 2021 ) | ||||||||||
= | (Accounts Receivable | + | Total Inventories | + | Other Current Assets) | - | (Accounts Payable & Accrued Expense | + | Defer. Rev. | + | Other Current Liabilities) |
= | (0.029 | + | 0.325 | + | 1.038) | - | (3.014 | + | 1.645 | + | 1.086) |
= | -4.353 |
Working Capital | (Q: Mar. 2022 ) | ||||||||||
= | (Accounts Receivable | + | Total Inventories | + | Other Current Assets) | - | (Accounts Payable & Accrued Expense | + | Defer. Rev. | + | Other Current Liabilities) |
= | (1.473 | + | 0.492 | + | 1.04) | - | (6.786 | + | 1.634 | + | 1.7763568394003E-15) |
= | -5.415 |
When net working capital is negative, 0 is used.
Note: The EBIT data used here is four times the quarterly (Mar. 2022) EBIT data.
3. It is also linked to Joel Greenblatt's definition of Earnings Yield:
Winmark's Earnings Yield (Joel Greenblatt) % for today is calculated as:
Earnings Yield (Joel Greenblatt) % | = | EBIT (TTM) | / | Enterprise Value (Q: Mar. 2022 ) |
= | 52.122 | / | 738.682 | |
= | 7.06 % |
* 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.
Thank you for viewing the detailed overview of Winmark's EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.
Mackenzie Kirk A | director | 605 HWY 169 N SUITE 400 MINNEAPOLIS MN 55441 |
Wilson Mark L | director | 605 HWY 169 N SUITE 400 MINNEAPOLIS MN 55441 |
Gaudette Renae M. | officer: President of Franchising | 605 HIGHWAY 169 N, SUITE 400 MINNEAPOLIS MN 55441 |
Heffes Brett D | director, officer: Chairman and CEO | 605 HWY 169 N SUITE 400 MINNEAPOLIS MN 55441 |
Ishaug Anthony D | officer: Chief Financial Officer | 605 HWY 169 N SUITE 400 MINNEAPOLIS MN 55441 |
Barbetta Lawrence A | director | 605 HWY 169 N SUITE 400 MINNEAPOLIS MN 55441 |
Reyelts Paul C | director | 605 HWY 169 N SUITE 400 MINNEAPOLIS MN 55441 |
Grassle Jenele C | director | 605 HWY 169 N SUITE 400 MINNEAPOLIS MN 55441 |
Goff Leah A | officer: VP of Human Resources | 605 HWY 169 N SUITE 400 MINNEAPOLIS MN 55441 |
Olson Ronald G | 10 percent owner | GROWN BIZ INTERNATIONAL INC 4200 DAHLBERG DRIVE MINNEAPOLIS MN 55422-4837 |
Morgan John L | director, 10 percent owner, officer: Executive Chairman | 605 HIGHWAY 169 SUITE 400 MINNEAPOLIS MN 55441 |
Murphy Steven | officer: President of Franchising | 605 HWY 169 N SUITE 400 MINNEAPOLIS MN 55441 |
Zola Steven C | director, officer: President, Winmark Capital | 605 HWY 169 N SUITE 400 MINNEAPOLIS MN 55441 |
Bradshaw James Shel | 10 percent owner | 12600 HILL COUNTRY BLVD SUITE R-230 AUSTIN TX 78738 |
Bares Brian Timothy | 10 percent owner | 12600 HILL COUNTRY BLVD SUITE R-230 AUSTIN TX 78738 |
From GuruFocus
By Robert Abbott 01-08-2021
By Business Wire 07-16-2020
By GF Value 04-19-2021
By Business Wire 04-29-2020
Other Sources
By Fool 2022-02-08
By Seekingalpha 2022-01-13
By Seekingalpha 2021-02-26
By Fool 2020-06-04