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RPX (RPXC) EBIT : $-63.5 Mil (TTM As of Mar. 2018)


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What is RPX EBIT?

RPX's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2018 was $1.5 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2018 was $-63.5 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. RPX's annualized ROC % for the quarter that ended in Mar. 2018 was 0.03%. RPX's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2018 was 119.58%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. RPX's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2018 was -12.13%.


RPX EBIT Historical Data

The historical data trend for RPX'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.

RPX EBIT Chart

RPX Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
EBIT
Get a 7-Day Free Trial Premium Member Only 64.21 64.28 65.60 35.32 -54.53

RPX Quarterly Data
Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18
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 9.93 7.54 11.97 -84.51 1.51

Competitive Comparison of RPX's EBIT

For the Specialty Business Services subindustry, RPX'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.


RPX's EV-to-EBIT Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, RPX's EV-to-EBIT distribution charts can be found below:

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



RPX 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. 2018 adds up the quarterly data reported by the company within the most recent 12 months, which was $-63.5 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.


RPX  (NAS:RPXC) EBIT Explanation

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

RPX's annualized ROC % for the quarter that ended in Mar. 2018 is calculated as:

ROC % (Q: Mar. 2018 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2017 ) + Invested Capital (Q: Mar. 2018 ))/ count )
=2.556 * ( 1 - 94.67% )/( (422.82 + 383.442)/ 2 )
=0.1362348/403.131
=0.03 %

where

Invested Capital(Q: Dec. 2017 )
=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))
=550.83 - 17.961 - ( 157.165 - max(0, 124.596 - 234.645+157.165))
=422.82

Invested Capital(Q: Mar. 2018 )
=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))
=564.233 - 14.621 - ( 168.247 - max(0, 105.982 - 272.152+168.247))
=383.442

Note: The Operating Income data used here is four times the quarterly (Mar. 2018) data.

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

RPX's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2018 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2018 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2017  Q: Mar. 2018
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=6.048/( ( (5.09 + max(-47.116, 0)) + (5.025 + max(-2.077, 0)) )/ 2 )
=6.048/( ( 5.09 + 5.025 )/ 2 )
=6.048/5.0575
=119.58 %

where Working Capital is:

Working Capital(Q: Dec. 2017 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(51.544 + 0 + 25.936) - (17.961 + 105.15 + 1.485)
=-47.116

Working Capital(Q: Mar. 2018 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(77.485 + 0 + 26.42) - (14.621 + 89.246 + 2.115)
=-2.077

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2018) EBIT data.

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2018 )
=-63.481/523.310
=-12.13 %

* 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.


RPX EBIT Related Terms

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RPX (RPXC) Business Description

Traded in Other Exchanges
N/A
Address
RPX Corp is a U.S.-based company that offers patent aggregation solutions. The company acquires patents and licenses to patents that are already or can possibly be asserted against the company's existing and potential clients, and after that, the company licenses these patents to clients, in a bid to help clients reduce patent litigation risks, obtain cost-effective licenses, and control patent-risk management costs. The firm's revenue primarily stems from the subscription fees paid by clients under agreement, the premiums earned from insurance policies, and management fees. The company generates most of its revenue from the United States, Japan, and Korea.
Executives
Shelby W Bonnie director C/O CNET, 150 CHESTNUT ST., SAN FRANCISCO CA 94111
Frank E Dangeard director THOMSON, 46 QUAI LE GALLO, BOULOGNE I0 92648
Sanford Robertson director ONE LETTERMAN DRIVE, BUILDING C SUITE 410, SAN FRANCISCO CA 94129
Magdalena Yesil director 2306 MAR EAST STREET, TIBURON CA 94920
Andrew Africk director
Gilbert Samuel Palter director 37 MISTY CRESCENT TORONTO A6 MSB IT2
Thomas O Ryder director C/O READERS DIGEST ASSOCITATION INC, READERS DIGEST RD., PLEASANTVILLE NY 10570
Geoffrey T Barker director, officer: Executive Director 1 MARKET PLAZA, STEUART TOWER, SUITE 800, SAN FRANCISCO CA 94105
Ned D. Segal officer: Chief Financial Officer, SVP 1 MARKET PLAZA, STEUART TOWER, SUITE 800, SAN FRANCISCO CA 94105
Izhar Armony director ONE BROADWAY 15TH FLOOR CAMBRIDGE MA 02142
Charles River Partnership Xiii, Lp 10 percent owner ONE BROADWAY, 15TH FLOOR, CAMBRIDGE MA 02142
Charles River Xiii Gp, Lp 10 percent owner ONE BROADWAY, 15TH FLOOR, CAMBRIDGE MA 02142
Charles River Friends Xiii-a Lp 10 percent owner ONE BROADWAY, 15TH FLOOR, CAMBRIDGE MA 02142
Charles River Xiii Gp, Llc 10 percent owner ONE BROADWAY, 15TH FLOOR, CAMBRIDGE MA 02142
Kpcb Xiii Associates, Llc 10 percent owner 2750 SAND HILL ROAD, MENLO PARK CA 94025