Forte Energy NL (ASX:FTE) EBIT: A$-5.90 Mil (TTM As of Dec. 2016)


What is Forte Energy NL EBIT?

Forte Energy NL ASX:FTE EBIT is A$-5.90 Mil as of Dec. 2016. The stock has 6 warning signs investors should review.

Forte Energy NL's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2016 was A$-4.29 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2016 was A$-5.90 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Forte Energy NL's annualized ROC % for the quarter that ended in Dec. 2016 was -436.16%. Forte Energy NL's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2016 was -155,854.55%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Forte Energy NL's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2016 was -41.26%.

Forte Energy NL  (ASX:FTE) EBIT Explanation

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

Forte Energy NL's annualized ROC % for the quarter that ended in Dec. 2016 is calculated as:

ROC % (Q: Dec. 2016 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jun. 2016 ) + Invested Capital (Q: Dec. 2016 ))/ count )
=-2.364 * ( 1 - 0% )/( (1.075 + 0.009)/ 2 )
=-2.364/0.542
=-436.16 %

where

Invested Capital(Q: Jun. 2016 )
=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))
=0.047 - 0.217 - ( 0.037 - max(0, 1.285 - 0.04+0.037))
=1.075

Invested Capital(Q: Dec. 2016 )
=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))
=0.58 - 0.268 - ( 0.303 - max(0, 0.268 - 0.575+0.303))
=0.009

Note: The Operating Income data used here is two times the semi-annual (Dec. 2016) data.

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

Forte Energy NL's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2016 is calculated as:

ROC (Joel Greenblatt) %(Q: Dec. 2016 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2016  Q: Dec. 2016
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-8.572/( ( (0.007 + max(-0.832, 0)) + (0 + max(0.0039999999999999, 0)) )/ 2 )
=-8.572/( ( 0.007 + 0.0039999999999999 )/ 2 )
=-8.572/0.0054999999999999
=-155,854.55 %

where Working Capital is:

Working Capital(Q: Jun. 2016 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.002 + 0 + 0.001) - (0.217 + 0 + 0.618)
=-0.832

Working Capital(Q: Dec. 2016 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.211 + 0 + 0.061) - (0.268 + 0 + 0)
=0.0039999999999999

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Dec. 2016) EBIT data.

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

Forte Energy NL's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2016 )
=-5.901/14.302
=-41.26 %

* 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.

Forte Energy NL EBIT Related Terms

Forte Energy NL EBIT Historical Data

* Premium members only.

The historical data trend for Forte Energy NL'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.

Forte Energy NL EBIT Chart

Forte Energy NL Annual Data
Trend Jun07 Jun08 Jun09 Jun10 Jun11 Jun12 Jun13 Jun14 Jun15 Jun16
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only -2.51 -3.37 -4.05 -34.34 -1.88

Forte Energy NL Semi-Annual Data
Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only -2.39 -31.95 -0.27 -1.62 -4.29

ASX:FTE vs ZIMCF, MCCX, INTV: EBIT Comparison

For the Software - Application subindustry, Forte Energy NL'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.

Forte Energy NL EV-to-EBIT vs Software Industry

For the Software industry and Technology sector, Forte Energy NL's EV-to-EBIT distribution charts can be found below:

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


Forte Energy NL 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. 2016 adds up the semi-annually data reported by the company within the most recent 12 months, which was A$-5.90 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.

Frequently Asked Questions Learn more about EBIT →
What does a EBIT of A$-5.90 Mil mean?
Forte Energy NL (ASX:FTE) has a EBIT of A$-5.90 Mil as of Dec. 2016. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Forte Energy NL.
Is Forte Energy NL's EBIT too high?
Forte Energy NL's current EBIT is A$-5.90 Mil.
How does Forte Energy NL's EBIT compare to ZIMCF and MCCX?
Forte Energy NL's EBIT of A$-5.90 Mil can be compared against companies in the Software industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBIT for a Software company?
A good EBIT depends on the Software industry context. However, EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EBIT mean?
A high EBIT can signal that a stock is expensive relative to its fundamentals. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Forte Energy NL. Forte Energy NL's current EBIT is A$-5.90 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Forte Energy NL stock overvalued right now?
Forte Energy NL (ASX:FTE) has a current EBIT of A$-5.90 Mil. The current EBIT is A$-5.90 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBIT calculated?
EBIT is calculated from a company's financial statements. For Forte Energy NL (ASX:FTE), the current EBIT is A$-5.90 Mil as of Dec. 2016. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Forte Energy NL Business Description

BOS Global Holdings Ltd is an Australian software company which focuses on creating enterprise productivity solutions for the global workforce market. Its products include BOS360 Work Patterns, BOSMeet, BOSTime, and BOSAutomate. The BOS360 Work Patterns captures a digital footprint of worker's activity and presents it in a visual and powerful format that offers awareness driving efficiency and productive behavior; the BOSMeet is meeting management software; the BOSTime is automatic time an activity tracker; and the BOSAutomate is a complete document and records management suite which offers document management and electronic records management. The company serves its customer in Australia, Asia, UK, Europe and North America.