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Agrify (Agrify) EBIT : $-18.90 Mil (TTM As of Dec. 2023)


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What is Agrify EBIT?

Agrify's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2023 was $-2.49 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was $-18.90 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Agrify's annualized ROC % for the quarter that ended in Dec. 2023 was -16.61%. Agrify's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -99.89%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Agrify's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -70.51%.


Agrify EBIT Historical Data

The historical data trend for Agrify'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.

Agrify EBIT Chart

Agrify Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EBIT
Get a 7-Day Free Trial -3.09 -12.62 -33.66 -122.67 -20.16

Agrify Quarterly Data
Dec18 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 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 0.42 -8.27 -6.41 -1.73 -2.49

Competitive Comparison of Agrify's EBIT

For the Engineering & Construction subindustry, Agrify'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.


Agrify's EV-to-EBIT Distribution in the Construction Industry

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

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



Agrify 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 $-18.90 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.


Agrify  (NAS:AGFY) EBIT Explanation

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

Agrify'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 )
=-5.064 * ( 1 - 0.35% )/( (29.192 + 31.563)/ 2 )
=-5.046276/30.3775
=-16.61 %

where

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

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

Agrify'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 )
=-9.968/( ( (10.421 + max(-19.282, 0)) + (9.537 + max(-12.524, 0)) )/ 2 )
=-9.968/( ( 10.421 + 9.537 )/ 2 )
=-9.968/9.979
=-99.89 %

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)
=(1.187 + 6.886 + 11.708) - (34.04 + 4.079 + 0.944)
=-19.282

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1.149 + 18.17 + 3.597) - (30.947 + 4.019 + 0.474)
=-12.524

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2023 )
=-18.896/26.798
=-70.51 %

* 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.


Agrify EBIT Related Terms

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Agrify (Agrify) Business Description

Traded in Other Exchanges
N/A
Address
2468 Industrial Row Drive, Troy, MI, USA, 48084
Agrify Corp provides hardware and software grow solutions for the indoor agriculture marketplace and provides equipment and solutions for cultivation, extraction, post-processing, and testing for the cannabis and hemp industry. The products offered by the company include Integrated Grow Racks, LED Grow Lights, Hydroponics, and Vertical Farming Units.
Executives
Brian Towns officer: EVP - Extraction Division 76 TREBLE COVE RD., BUILDING 3, BILLERICA MA 01862
Raymond Nobu Chang director, 10 percent owner, officer: CEO & Chairman of the BOD C/O AGRIFY CORPORATION, 101 MIDDLESEX TURNPIKE, SUITE 6, PMB 326, BURLINGTON MA 01803
Guichao Hua director C/O AGRIFY CORPORATION, 101 MIDDLESEX TURNPIKE, SUITE 6, PMB 326, BURLINGTON MA 01803
Timothy John Hayden officer: Chief Revenue Officer 76 TREBLE COVE RD., BUILDING 3, BILLERICA MA 01862
Christopher J Benyo officer: Chief Revenue Officer 76 TREBLE COVE RD., BUILDING 3, BILLERICA MA 01862
Max Holtzman director 76 TREBLE COVE ROAD BUILDING 3, BILLERICA MA 01862
Steve Drucker officer: Chief Information Officer 76 TREBLE COVE RD., BUILDING 3, BILLERICA MA 01862
David Aaron Kessler officer: Chief Scientific Officer 76 TREBLE COVE RD., BUILDING 3, BILLERICA MA 01862
Leonard J Sokolow director REGATTA OFFICE PARK, WINDWARD THREE, 4TH FLOOR, WEST BAY ROAD, P.O. BOX 1114, GRAND CAYMAN E9 E9 KY11102
Stuart Anthony Wilcox director 1 EAST ARMOUR BOULEVARD, KANSAS CITY MO 10178
Timothy Mahoney director
Niv Krikov officer: Chief Financial Officer 15 YOSEF KRONENBERG ST., REHOVOT L3 76662
Timothy Oakes director 20 HARVARD MILL SQUARE, WAKEFIELD MA 01880
Robert Reed Harrison officer: Chief Operating Officer C/O AGRIFY CORPORATION, 101 MIDDLESEX TURNPIKE, SUITE 6, PMB 326, BURLINGTON MA 01803
Thomas L Massie director 130 NEW BOSTON STREET, WOBURN MA 01801