Trio-Tech International (Trio-Tech International) EBIT : $1.28 Mil (TTM As of Dec. 2023)

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What is Trio-Tech International EBIT?

Trio-Tech International's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2023 was $0.60 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was $1.28 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Trio-Tech International's annualized ROC % for the quarter that ended in Dec. 2023 was 9.69%. Trio-Tech International's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 15.40%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Trio-Tech International's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 9.00%.

Trio-Tech International EBIT Historical Data

The historical data trend for Trio-Tech International'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.

Trio-Tech International EBIT Chart

Trio-Tech International Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

EBIT

Get a 7-Day Free Trial

1.73

1.34

-0.77

3.18

2.49

Trio-Tech International 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															0.83	0.09	0.33	0.27	0.60

Competitive Comparison of Trio-Tech International's EBIT

For the Semiconductor Equipment & Materials subindustry, Trio-Tech International'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.

Trio-Tech International's EV-to-EBIT Distribution in the Semiconductors Industry

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

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

Trio-Tech International 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 $1.28 Mil.

Trio-Tech International (AMEX:TRT) EBIT Explanation

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

Trio-Tech International'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 )
=	2.648 * ( 1 - 16.46% )	/	( (22.57	+	23.106)	/ 2 )
=	2.2121392	/	22.838
=	9.69 %

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	))
=	44.699	-	7.85	-	( 14.279	-	max(0, 12.463	-	32.354	+	14.279	))
=	22.57

	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	))
=	46.598	-	6.735	-	( 16.757	-	max(0, 12.875	-	35.077	+	16.757	))
=	23.106

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

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

Trio-Tech International'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 )
=	2.396	/	( ( (9.853 + max(5.937, 0))	+	(8.96 + max(6.369, 0)) )	/	2 )
=	2.396	/	( ( 15.79	+	15.329 )	/	2 )
=	2.396	/	15.5595
=	15.40 %

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)
=	(10.973	+	4.023	+	1.397)	-	(7.85	+	2.233	+	0.373)
=	5.937

	Working Capital		(Q: Dec. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(12.388	+	3.546	+	1.351)	-	(6.735	+	3.808	+	0.373)
=	6.369

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:

Trio-Tech International's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Dec. 2023 )
	=	1.282	/	14.238
	=	9.00 %

Trio-Tech International EBIT Related Terms

Thank you for viewing the detailed overview of Trio-Tech International's EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.

Trio-Tech International (Trio-Tech International) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Trio-Tech International (AMEX:TRT) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

N/A

Address

Unit 03-09, Block 1008, Toa Payoh North, Singapore, SGP, 318996

Website

https://triotech.com

Trio-Tech International is a provider of third-party semiconductor testing and burn-in services through its laboratories in Southeast Asia. The company operates in four segments namely Manufacturing, Testing services, Distribution, and Real Estate. Its Manufacturing segment manufactures both front-end and back-end semiconductor test equipment and related peripherals. The Testing segment renders services to the manufacturer and purchaser of semiconductors and other entities. Its Distribution segment is involved in the distribution of its products. The company's Real Estate segment consists of investment in real estate. Its geographical area of operations includes the United States, Singapore, Malaysia, Thailand, and China.

Executives

Jason T Adelman	director	900 PARK AVENUE, APARTMENT 15A, NEW YORK NY 10021
Anitha Srinivasan	officer: CFO	103 HILLVIEW RISE, #09-18, SINGAPORE U0 667982
Ting Victor Hock Ming	director	770 BEDOK RESERVOIR ROAD, #01-03, SINGAPORE U0 479250
S W Yong	director, 10 percent owner, officer: Chief Executive Officer	7 PANDAN VALLEY, 16-502 POINCIANA TOWER, SINGAPORE U0 597631
Richard M Horowitz	director	9301 WILSHIRE BOULEVARD #206, BEVERLY HILLS CA 90210
Kuan Soon Siew	officer: Vice President	126 BUKIT MERAH VIEW, #18-374 U0 151126
Hwee Poh Lim	officer: Vice President - Testing	39 WARINGIN WALK, SINGAPORE U0 416292
A Charles Wilson	director	623 NORTH PALM DRIVE, BEVERLY HILLS CA 90210
Daniel Zeff	10 percent owner	400 S. MCCADDEN PL., LOS ANGELES CA 90020
Spectrum Galaxy Fund Ltd.	10 percent owner	50 CALIFORNIA STREET, SUITE 1500, SAN FRANCISCO CA 94111
Zeff Capital Partners I, L.p.	10 percent owner	C/O ZEFF HOLDING COMPANY, LLC, 50 CALIFORNIA STREET, SAN FRANCISCO CA 94111
Zeff Holding Company, Llc	10 percent owner	400 S. MCCADDEN PL., LOS ANGELES CA 90020

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