Safal Securities (BOM:531448) EBIT: ₹-0.03 Mil (TTM As of Mar. 2020)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

BOM:531448 Safal Securities Ltd BOM:531448
4 GF Score
Price ₹0.91
View Full Analysis

What is Safal Securities EBIT?

Safal Securities BOM:531448 4 EBIT is ₹-0.03 Mil as of Mar. 2020. GuruFocus rates BOM:531448 with a GF Score™ of 4/100.

Safal Securities's earnings before interest and taxes (EBIT) for the six months ended in Mar. 2020 was ₹-0.03 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2020 was ₹-0.03 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Safal Securities's annualized ROC % for the quarter that ended in Mar. 2020 was -30.00%. Safal Securities's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2020 was %.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Safal Securities's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2020 was -0.59%.

Safal Securities  (BOM:531448) EBIT Explanation

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

Safal Securities's annualized ROC % for the quarter that ended in Mar. 2020 is calculated as:

ROC % (Q: Mar. 2020 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Mar. 2019 ) + Invested Capital (Q: Mar. 2020 ))/ count )
=-0.027 * ( 1 - 0% )/( (0.081 + 0.099)/ 2 )
=-0.027/0.09
=-30.00 %

where

Invested Capital(Q: Mar. 2019 )
=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))
=0.013 - 1.927 - ( 0.01 - max(0, 2.008 - 0.013+0.01))
=0.081

Invested Capital(Q: Mar. 2020 )
=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))
=0.001 - 1.927 - ( 0.001 - max(0, 2.026 - 0.001+0.001))
=0.099

Note: The Operating Income data used here is one times the annual (Mar. 2020) data.

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

Safal Securities's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2020 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2020 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Mar. 2019  Q: Mar. 2020
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-0.027/( ( (0 + max(-2.005, 0)) + (0 + max(-2.026, 0)) )/ 2 )
=-0.027/( ( 0 + 0 )/ 2 )
=-0.027/0
= %

where Working Capital is:

Working Capital(Q: Mar. 2019 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.003 + 0 + -1.7347234759768E-18) - (1.927 + 0 + 0.081)
=-2.005

Working Capital(Q: Mar. 2020 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0) - (1.927 + 0 + 0.099)
=-2.026

When net working capital is negative, 0 is used.

Note: The EBIT data used here is one times the annual (Mar. 2020) EBIT data.

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2020 )
=-0.027/4.550
=-0.59 %

* 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.

Safal Securities EBIT Related Terms

Safal Securities EBIT Historical Data

* Premium members only.

The historical data trend for Safal Securities'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.

Safal Securities EBIT Chart

Safal Securities Annual Data
Trend Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only -18.00 -9.16 -0.35 -0.05 -0.03

Safal Securities Semi-Annual Data
Mar09 Mar10 Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only -18.00 -9.16 -0.35 -0.05 -0.03

Safal Securities EBIT Competitor Comparison

For the Capital Markets subindustry, Safal Securities'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.

Safal Securities EV-to-EBIT vs Capital Markets Industry

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

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


BOM:531448
4GF Score
Safal Securities Ltd BOM:531448
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Safal Securities 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. 2020 was ₹-0.03 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 ₹-0.03 Mil mean?
Safal Securities (BOM:531448) has a EBIT of ₹-0.03 Mil as of Mar. 2020. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Safal Securities.
Is Safal Securities' EBIT too high?
Safal Securities' current EBIT is ₹-0.03 Mil. Overall, Safal Securities has a GF Score™ of 4/100, reflecting its overall financial health beyond just this single metric.
How does Safal Securities' EBIT compare to competitors?
Safal Securities' EBIT of ₹-0.03 Mil can be compared against companies in the Capital Markets 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 Capital Markets company?
A good EBIT depends on the Capital Markets 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 Safal Securities. Safal Securities's current EBIT is ₹-0.03 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Safal Securities stock overvalued right now?
Safal Securities (BOM:531448) has a current EBIT of ₹-0.03 Mil. The current EBIT is ₹-0.03 Mil. Safal Securities' overall GF Score™ is 4/100. 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 Safal Securities (BOM:531448), the current EBIT is ₹-0.03 Mil as of Mar. 2020. 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.

Safal Securities Business Description

Address 9, Ankur Complex, Behind Town Hall, Ellisbridge, Ahmedabad, GJ, IND, 380 006
Safal Securities Ltd is an Indian based financial service company. The company offers security trading services and related activities.
4GF Score

Get the complete analysis for BOM:531448

EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹0.91
Price