CESX (CES Synergies) EBIT: $-0.50 Mil (TTM As of Mar. 2017)

What is CES Synergies EBIT?

CES Synergies CESX EBIT is $-0.50 Mil as of Mar. 2017.

CES Synergies's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2017 was $-0.32 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2017 was $-0.50 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. CES Synergies's annualized ROC % for the quarter that ended in Mar. 2017 was -19.20%. CES Synergies's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2017 was -38.20%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. CES Synergies's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2017 was -3,578.57%.

CES Synergies (OTCPK:CESX) EBIT Explanation

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

CES Synergies'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: Dec. 2016 )	+	Invested Capital (Q: Mar. 2017 ))	/ count )
=	-1.268 * ( 1 - 0% )	/	( (6.859	+	6.35)	/ 2 )
=	-1.268	/	6.6045
=	-19.20 %

where

	Invested Capital		(Q: Dec. 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	))
=	9.42	-	2.514	-	( 0.047	-	max(0, 3.564	-	5.658	+	0.047	))
=	6.859

	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	))
=	8.758	-	2.402	-	( 0.006	-	max(0, 3.645	-	5.016	+	0.006	))
=	6.35

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

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

CES Synergies'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: Dec. 2016		Q: Mar. 2017
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	-1.268	/	( ( (1.678 + max(2.192, 0))	+	(1.572 + max(1.197, 0)) )	/	2 )
=	-1.268	/	( ( 3.87	+	2.769 )	/	2 )
=	-1.268	/	3.3195
=	-38.20 %

where Working Capital is:

	Working Capital		(Q: Dec. 2016 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(4.711	+	0.086	+	0.127)	-	(2.514	+	0.219	+	-0.00099999999999945)
=	2.192

	Working Capital		(Q: Mar. 2017 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(3.808	+	0.085	+	0.136)	-	(2.402	+	0	+	0.43)
=	1.197

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2017) EBIT data.

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

CES Synergies's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Mar. 2017 )
	=	-0.501	/	0.014
	=	-3,578.57 %

* 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.

CES Synergies EBIT Related Terms

CES Synergies EBIT Historical Data

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The historical data trend for CES Synergies's EBIT can be seen below:

CES Synergies EBIT Chart

CES Synergies Annual Data

Trend

Mar12

Mar13

Dec14

Dec15

Dec16

EBIT

-0.03

-0.04

-0.16

-1.60

0.07

CES Synergies Quarterly Data
	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17
EBIT	Get a 7-Day Free Trial															0.25	-0.46	-0.22	0.50	-0.32

CESX vs ALAN, BSHF, ECMT: EBIT Comparison

For the Waste Management subindustry, CES Synergies'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.

CES Synergies EV-to-EBIT vs Waste Management Industry

For the Waste Management industry and Industrials sector, CES Synergies's EV-to-EBIT distribution charts can be found below:

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

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CES Synergies 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. 2017 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.50 Mil.

Frequently Asked Questions Learn more about EBIT →

What does a EBIT of $-0.50 Mil mean?

CES Synergies (CESX) has a EBIT of $-0.50 Mil as of Mar. 2017. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on CES Synergies.

Is CES Synergies' EBIT too high?

CES Synergies' current EBIT is $-0.50 Mil.

How does CES Synergies' EBIT compare to ALAN and BSHF?

CES Synergies' EBIT of $-0.50 Mil can be compared against companies in the Waste Management 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 Waste Management company?

A good EBIT depends on the Waste Management 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 CES Synergies. CES Synergies's current EBIT is $-0.50 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is CES Synergies stock overvalued right now?

CES Synergies (CESX) has a current EBIT of $-0.50 Mil. The current EBIT is $-0.50 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 CES Synergies (CESX), the current EBIT is $-0.50 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.

CES Synergies Business Description

Industry Industrials Waste Management

Comparable Companies WAR:ATO ALAN MIC:VTRS WAR:GRE NGM:METV MTF WAR:SAP BOM:514402 BSHF BOM:539515 ECMT OSTO:SAXG WAR:DRP XCNQ:BAC NWMH GETH LSE:NGR ECEZ WAR:BER XCNQ:LUX XKLS:7163

Address 39646 Fig Street, P.O. Box 1299, Crystal Springs, NV, USA, 33524

Website http://www.cessynergies.com

CES Synergies Inc is a United States of America based company. It is engaged in providing services like asbestos and lead abatement, hazardous materials removal, mold remediation and prevention, indoor air quality and duct cleaning, interior selective demolition, underground storage tank removal, concrete crushing, and demolition and wrecking. The company operates in three business segments that are Remediation, Demolition, and Insulation. The Remediation and Demolition segment generates maximum revenue for the company.