Valencia Capital (TSXV:VAL.P) EBIT

: C$-0.12 Mil (TTM As of Dec. 2023)

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Valencia Capital's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2023 was C$-0.04 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was C$-0.12 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Valencia Capital's annualized ROC % for the quarter that ended in Dec. 2023 was -3,377.78%. Valencia Capital's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -15,200.00%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Valencia Capital's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -38.98%.

Valencia Capital EBIT Historical Data

The historical data trend for Valencia Capital'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.

Valencia Capital Annual Data

Trend

Jun19

Jun20

Jun21

Jun22

Jun23

EBIT

-0.06

-0.20

-0.08

-0.09

Valencia Capital Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
EBIT														-0.02	-0.02	-0.03	-0.03	-0.04

Competitive Comparison

For the Shell Companies subindustry, Valencia Capital'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.

Valencia Capital EV-to-EBIT Distribution

For the Diversified Financial Services industry and Financial Services sector, Valencia Capital's EV-to-EBIT distribution charts can be found below:

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

Valencia Capital 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 C$-0.12 Mil.

Valencia Capital (TSXV:VAL.P) EBIT Explanation

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

Valencia Capital'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 )
=	-0.152 * ( 1 - 0% )	/	( (0.006	+	0.003)	/ 2 )
=	-0.152	/	0.0045
=	-3,377.78 %

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	))
=	0.548	-	0.007	-	( 0.535	-	max(0, 0.007	-	0.548	+	0.535	))
=	0.006

	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	))
=	0.503	-	0.004	-	( 0.496	-	max(0, 0.004	-	0.503	+	0.496	))
=	0.003

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

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

Valencia Capital'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 )
=	-0.152	/	( ( (0 + max(0.001, 0))	+	(0 + max(0.001, 0)) )	/	2 )
=	-0.152	/	( ( 0.001	+	0.001 )	/	2 )
=	-0.152	/	0.001
=	-15,200.00 %

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)
=	(0	+	0	+	0.008)	-	(0.007	+	0	+	0)
=	0.001

	Working Capital		(Q: Dec. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0	+	0	+	0.005)	-	(0.004	+	0	+	0)
=	0.001

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:

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

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Dec. 2023 )
	=	-0.115	/	0.295
	=	-38.98 %

Valencia Capital EBIT Related Terms

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Valencia Capital (TSXV:VAL.P) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Valencia Capital Inc (TSXV:VAL.P) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

N/A

Address

789 West Pender Street, Suite 1510, Vancouver, BC, CAN, V6C 1H2

Website

Valencia Capital Inc is in the development stage and its principal business will be the identification and evaluation of assets or businesses with a view to completing a Qualifying Transaction as defined by the rules of the Exchange.

Valencia Capital (TSXV:VAL.P) Headlines

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