AVI (Advantage Insurance) EBIT: $2.49 Mil (TTM As of Sep. 2017)


What is Advantage Insurance EBIT?

Advantage Insurance AVI EBIT is $2.49 Mil as of Sep. 2017.

Advantage Insurance's earnings before interest and taxes (EBIT) for the six months ended in Sep. 2017 was $-0.55 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2017 was $2.49 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Advantage Insurance's annualized ROC % for the quarter that ended in Sep. 2017 was -0.04%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield.


Advantage Insurance  (NYSE:AVI) EBIT Explanation

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

Advantage Insurance's annualized ROC % for the quarter that ended in Sep. 2017 is calculated as:

ROC % (Q: Sep. 2017 )
=NOPAT/Average Invested Capital
=EBIT * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2016 ) + Invested Capital (Q: Sep. 2017 ))/ count )
=-0.548 * ( 1 - 0% )/( (1247.49745 + 1474.5355)/ 2 )
=-0.548/1361.016475
=-0.04 %

where

Invested Capital(Q: Dec. 2016 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Balance Sheet Cash And Cash Equivalents - 5% * Revenue )
=1253.737 - 0.026 - ( 6.65 - 5% * 8.729 )
=1247.49745

Invested Capital(Q: Sep. 2017 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Balance Sheet Cash And Cash Equivalents - 5% * Revenue )
=1478.278 - 0.005 - ( 3.985 - 5% * 4.95 )
=1474.5355

Note: The EBIT data used here is one times the annual (Sep. 2017) data.

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

ROC (Joel Greenblatt) % does not apply to banks and insurance companies.

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2017 )
=2.486/0.000
= %

* 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.


Advantage Insurance EBIT Related Terms


Advantage Insurance EBIT Historical Data

* Premium members only.

The historical data trend for Advantage Insurance'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.

Advantage Insurance EBIT Chart

Advantage Insurance Annual Data
Trend Dec15 Dec16
EBIT
6.46 6.85

Advantage Insurance Semi-Annual Data
Dec15 Sep16 Dec16 Sep17
EBIT 22.15 1.55 3.03 -0.55

AVI vs : EBIT Comparison

For the Insurance - Specialty subindustry, Advantage Insurance'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.


Advantage Insurance EV-to-EBIT vs Insurance Industry

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

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



Advantage Insurance 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.

For stock reported annually, GuruFocus uses latest annual data as the TTM data. EBIT for the trailing twelve months (TTM) ended in Sep. 2017 was $2.49 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 $2.49 Mil mean?
Advantage Insurance (AVI) has a EBIT of $2.49 Mil as of Sep. 2017. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Advantage Insurance.
Is Advantage Insurance's EBIT too high?
Advantage Insurance's current EBIT is $2.49 Mil.
How does Advantage Insurance's EBIT compare to ?
Advantage Insurance's EBIT of $2.49 Mil can be compared against companies in the Insurance 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 an Insurance company?
A good EBIT depends on the Insurance 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 Advantage Insurance. Advantage Insurance's current EBIT is $2.49 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Advantage Insurance stock overvalued right now?
Advantage Insurance (AVI) has a current EBIT of $2.49 Mil. The current EBIT is $2.49 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 Advantage Insurance (AVI), the current EBIT is $2.49 Mil as of Sep. 2017. 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.

Advantage Insurance Business Description

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