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Virtuoso OptoElectronics (BOM:543597) EBIT : ₹344 Mil (TTM As of Mar. 2024)


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What is Virtuoso OptoElectronics EBIT?

Virtuoso OptoElectronics's earnings before interest and taxes (EBIT) for the six months ended in Mar. 2024 was ₹189 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was ₹344 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Virtuoso OptoElectronics's annualized ROC % for the quarter that ended in Mar. 2024 was 11.57%. Virtuoso OptoElectronics's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 16.81%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Virtuoso OptoElectronics's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 4.07%.

Virtuoso OptoElectronics EBIT Historical Data

The historical data trend for Virtuoso OptoElectronics'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.

Virtuoso OptoElectronics EBIT Chart

Virtuoso OptoElectronics Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24
EBIT
53.85 96.81 133.42 233.36 344.16

Virtuoso OptoElectronics Semi-Annual Data
Mar20 Mar21 Mar22 Sep22 Mar23 Sep23 Mar24
EBIT Get a 7-Day Free Trial - 121.71 111.65 155.55 188.61

Competitive Comparison of Virtuoso OptoElectronics's EBIT

For the Consumer Electronics subindustry, Virtuoso OptoElectronics'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.

Virtuoso OptoElectronics's EV-to-EBIT Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Virtuoso OptoElectronics's EV-to-EBIT distribution charts can be found below:

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


Virtuoso OptoElectronics 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 Mar. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was ₹344 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.

Virtuoso OptoElectronics  (BOM:543597) EBIT Explanation

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

Virtuoso OptoElectronics's annualized ROC % for the quarter that ended in Mar. 2024 is calculated as:

ROC % (Q: Mar. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Sep. 2023 ) + Invested Capital (Q: Mar. 2024 ))/ count )
=366.786 * ( 1 - 23.15% )/( (2201.176 + 2671.122)/ 2 )
=281.875041/2436.149
=11.57 %

where

Invested Capital(Q: Sep. 2023 )
=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))
=3106.568 - 904.223 - ( 1.169 - max(0, 1566.131 - 1848.439+1.169))
=2201.176

Invested Capital(Q: Mar. 2024 )
=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))
=4557.958 - 982.632 - ( 904.204 - max(0, 1804.411 - 3056.939+904.204))
=2671.122

Note: The Operating Income data used here is two times the semi-annual (Mar. 2024) data.

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

Virtuoso OptoElectronics's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Sep. 2023  Q: Mar. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=377.218/( ( (1155.761 + max(868.869, 0)) + (1371.792 + max(1091.922, 0)) )/ 2 )
=377.218/( ( 2024.63 + 2463.714 )/ 2 )
=377.218/2244.172
=16.81 %

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)
=(194.818 + 1506.15 + 145.44) - (904.223 + 0 + 73.316)
=868.869

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(213.057 + 1647.635 + 290.032) - (982.632 + 0 + 76.17)
=1091.922

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Mar. 2024) EBIT data.

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=344.161/8455.126
=4.07 %

* 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.

Virtuoso OptoElectronics EBIT Related Terms

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Virtuoso OptoElectronics (BOM:543597) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Virtuoso OptoElectronics Ltd (BOM:543597) » Definitions » EBIT
Comparable Companies
NSE:CELLECOR BOM:500074 BOM:532521 BOM:523449 NSE:SMARHAM BOM:500370 BOM:543461 BOM:526009 AAPL XKRX:005930 TSE:6758 HKSE:01810 TSE:6752 XKRX:066570 XKRX:003550 SZSE:002241 SHSE:603296 SZSE:300866 SHSE:600060 TSE:6753
Traded in Other Exchanges
N/A
Address
Plot No. 7 M.I.D.C, Satpur, Nasik, MH, IND, 422007
Website
https://www.voepl.com
Virtuoso OptoElectronics Ltd is engaged in the manufacturing of consumer durable goods, assembles a wide array of products and provide end-to-end product solutions. The company's product portfolio of consumer goods includes Split Air Conditioners; Water Heaters; LED Lighting products; and other miscellaneous products such as injection moulding components for air conditioners.

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