Lakshmi Precision Screws (BOM:506079) EBIT: ₹-41 Mil (TTM As of Mar. 2017)

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What is Lakshmi Precision Screws EBIT?

Lakshmi Precision Screws BOM:506079 EBIT is ₹-41 Mil as of Mar. 2017.

Lakshmi Precision Screws's earnings before interest and taxes (EBIT) for the six months ended in Mar. 2017 was ₹-41 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2017 was ₹-41 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Lakshmi Precision Screws's annualized ROC % for the quarter that ended in Mar. 2017 was -3.56%. Lakshmi Precision Screws's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2017 was -1.27%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Lakshmi Precision Screws's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2017 was -79.56%.

Lakshmi Precision Screws  (BOM:506079) EBIT Explanation

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

Lakshmi Precision Screws's annualized ROC % for the quarter that ended in Mar. 2017 is calculated as:

ROC % (Q: Mar. 2017 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Mar. 2016 ) + Invested Capital (Q: Mar. 2017 ))/ count )
=-137.892 * ( 1 - 0% )/( (3746.849 + 4010.328)/ 2 )
=-137.892/3878.5885
=-3.56 %

where

Invested Capital(Q: Mar. 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))
=4883.471 - 1142.32 - ( 33.277 - max(0, 3123.893 - 3118.195+33.277))
=3746.849

Invested Capital(Q: Mar. 2017 )
=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))
=4622.912 - 1143.206 - ( 2.552 - max(0, 3375.523 - 2844.901+2.552))
=4010.328

Note: The Operating Income data used here is one times the annual (Mar. 2017) data.

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

Lakshmi Precision Screws's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2017 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2017 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Mar. 2016  Q: Mar. 2017
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-40.829/( ( (1691.401 + max(1665.151, 0)) + (1690.068 + max(1385.425, 0)) )/ 2 )
=-40.829/( ( 3356.552 + 3075.493 )/ 2 )
=-40.829/3216.0225
=-1.27 %

where Working Capital is:

Working Capital(Q: Mar. 2016 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(742.978 + 2005.801 + 294.569) - (1142.32 + 0 + 235.877)
=1665.151

Working Capital(Q: Mar. 2017 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(551.997 + 1964.031 + 276.905) - (1143.206 + 0 + 264.302)
=1385.425

When net working capital is negative, 0 is used.

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

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

Lakshmi Precision Screws's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2017 )
=-40.829/51.316
=-79.56 %

* 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.

Lakshmi Precision Screws EBIT Related Terms

Lakshmi Precision Screws EBIT Historical Data

* Premium members only.

The historical data trend for Lakshmi Precision Screws'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.

Lakshmi Precision Screws EBIT Chart

Lakshmi Precision Screws Annual Data
Trend Mar08 Mar09 Mar10 Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 366.11 50.73 369.08 42.56 -40.83

Lakshmi Precision Screws Semi-Annual Data
Mar08 Mar09 Mar10 Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only 366.11 50.73 369.08 42.56 -40.83

BOM:506079 vs TXHG, TBLT: EBIT Comparison

For the Tools & Accessories subindustry, Lakshmi Precision Screws'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.

Lakshmi Precision Screws EV-to-EBIT vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Lakshmi Precision Screws's EV-to-EBIT distribution charts can be found below:

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


Lakshmi Precision Screws 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 Mar. 2017 was ₹-41 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 ₹-41 Mil mean?
Lakshmi Precision Screws (BOM:506079) has a EBIT of ₹-41 Mil as of Mar. 2017. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Lakshmi Precision Screws.
Is Lakshmi Precision Screws' EBIT too high?
Lakshmi Precision Screws' current EBIT is ₹-41 Mil.
How does Lakshmi Precision Screws' EBIT compare to TXHG and TBLT?
Lakshmi Precision Screws' EBIT of ₹-41 Mil can be compared against companies in the Industrial Products 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 Industrial Products company?
A good EBIT depends on the Industrial Products 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 Lakshmi Precision Screws. Lakshmi Precision Screws's current EBIT is ₹-41 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lakshmi Precision Screws stock overvalued right now?
Lakshmi Precision Screws (BOM:506079) has a current EBIT of ₹-41 Mil. The current EBIT is ₹-41 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 Lakshmi Precision Screws (BOM:506079), the current EBIT is ₹-41 Mil as of Mar. 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.

Lakshmi Precision Screws Business Description

Address Hisar Road, 46/1, Mile Stone, Rohtak, HR, IND, 124001
Lakshmi Precision Screws Ltd is engaged in the business of manufacturing high-tensile fasteners. The product portfolio includes - Bolts and Screws, Pins, Nuts, Allen Key, Anchor Bush, Hammer, Wedges, Threaded road, Ball pins, Clevis pins, and many others. The company caters to the need of many sectors like Wind energy, Automotive, Defence, Electronic and communication, Construction, Agriculture, Tool and die, Oil and gas. The company's area of operation comprises four manufacturing units spread across an area of about 1,00,000 sqm.