GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » CDW Holding Ltd (OTCPK:CDWHF) » Definitions » EBIT

CDWHF (CDW Holding) EBIT : $-2.91 Mil (TTM As of Jun. 2024)


View and export this data going back to 2014. Start your Free Trial

What is CDW Holding EBIT?

CDW Holding's earnings before interest and taxes (EBIT) for the six months ended in Jun. 2024 was $-2.35 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2024 was $-2.91 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. CDW Holding's annualized ROC % for the quarter that ended in Jun. 2024 was -14.84%. CDW Holding's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was -28.81%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. CDW Holding's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was -32.18%.


CDW Holding EBIT Historical Data

The historical data trend for CDW Holding'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.

CDW Holding EBIT Chart

CDW Holding Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.31 3.70 4.32 16.70 -0.56

CDW Holding Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.80 14.90 - -0.56 -2.35

Competitive Comparison of CDW Holding's EBIT

For the Semiconductor Equipment & Materials subindustry, CDW Holding'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.


CDW Holding's EV-to-EBIT Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, CDW Holding's EV-to-EBIT distribution charts can be found below:

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



CDW Holding 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 Jun. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was $-2.91 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.


CDW Holding  (OTCPK:CDWHF) EBIT Explanation

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

CDW Holding's annualized ROC % for the quarter that ended in Jun. 2024 is calculated as:

ROC % (Q: Jun. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2023 ) + Invested Capital (Q: Jun. 2024 ))/ count )
=-5.222 * ( 1 - -2.56% )/( (38.216 + 33.96)/ 2 )
=-5.3556832/36.088
=-14.84 %

where

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

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

CDW Holding's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Jun. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2023  Q: Jun. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-4.698/( ( (7.072 + max(11.119, 0)) + (6.563 + max(7.86, 0)) )/ 2 )
=-4.698/( ( 18.191 + 14.423 )/ 2 )
=-4.698/16.307
=-28.81 %

where Working Capital is:

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(24.683 + 16.057 + 2.203) - (30.353 + 0 + 1.471)
=11.119

Working Capital(Q: Jun. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(21.345 + 22.399 + 0) - (35.884 + 0 + 0)
=7.86

When net working capital is negative, 0 is used.

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

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

CDW Holding's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jun. 2024 )
=-2.91/9.042
=-32.18 %

* 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.


CDW Holding EBIT Related Terms

Thank you for viewing the detailed overview of CDW Holding's EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.


CDW Holding Business Description

Traded in Other Exchanges
Address
11 Wo Shing Street, Fo Tan, Shatin, Room 6-10, 11th Floor, CCT Telecom Building, New Territories, Hong Kong, HKG
CDW Holding Ltd is engaged in the production of precision components for mobile communication equipment, game box entertainment equipment, consumer and information technology equipment, office equipment, and electrical appliances. The business company operates in various segments that include Liquid Crystal Display (LCD) backlight units, which manufactures backlight units for LCD; Office Automation, which manufactures and trades parts for office equipment and electrical appliances; OEM and Accessories segment, which manufactures and trades precision accessories for LCD modules; and Others. The LCD Backlight Units segment generates maximum revenue for the company. Geographically, the company derives its key revenue from Mainland China followed by Hong Kong, Japan, and other regions.

CDW Holding Headlines