BATM Advanced Communications (CHIX:BVCL) EBIT : £2.41 Mil (TTM As of Jun. 2024)

View and export this data going back to 2016. Start your Free Trial

What is BATM Advanced Communications EBIT?

BATM Advanced Communications's earnings before interest and taxes (EBIT) for the six months ended in Jun. 2024 was £1.28 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2024 was £2.41 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. BATM Advanced Communications's annualized ROC % for the quarter that ended in Jun. 2024 was 0.85%. BATM Advanced Communications's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was 6.59%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. BATM Advanced Communications's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was 3.76%.

BATM Advanced Communications EBIT Historical Data

The historical data trend for BATM Advanced Communications'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.

BATM Advanced Communications EBIT Chart

BATM Advanced Communications Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

EBIT

Get a 7-Day Free Trial

4.46

10.69

19.40

2.65

2.24

BATM Advanced Communications 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															1.33	1.30	1.11	1.13	1.28

Competitive Comparison of BATM Advanced Communications's EBIT

For the Medical Instruments & Supplies subindustry, BATM Advanced Communications'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.

BATM Advanced Communications's EV-to-EBIT Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, BATM Advanced Communications's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where BATM Advanced Communications's EV-to-EBIT falls into.

BATM Advanced Communications 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 £2.41 Mil.

BATM Advanced Communications (CHIX:BVCl) EBIT Explanation

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

BATM Advanced Communications'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 )
=	2.38 * ( 1 - 72.05% )	/	( (77.558	+	79.238)	/ 2 )
=	0.66521	/	78.398
=	0.85 %

where

	Invested Capital		(Q: Dec. 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	))
=	137.955	-	28.193	-	( 32.204	-	max(0, 37.23	-	87.066	+	32.204	))
=	77.558

	Invested Capital		(Q: Jun. 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	))
=	133.258	-	28.402	-	( 25.618	-	max(0, 33.958	-	82.482	+	25.618	))
=	79.238

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:

BATM Advanced Communications'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 )
=	2.56	/	( ( (16.118 + max(17.309, 0))	+	(15.861 + max(28.461, 0)) )	/	2 )
=	2.56	/	( ( 33.427	+	44.322 )	/	2 )
=	2.56	/	38.8745
=	6.59 %

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)
=	(17.227	+	30.199	+	3.079)	-	(28.193	+	0	+	5.003)
=	17.309

	Working Capital		(Q: Jun. 2024 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(29.249	+	27.615	+	0)	-	(28.402	+	0	+	0.00099999999999767)
=	28.461

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:

BATM Advanced Communications's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Jun. 2024 )
	=	2.41	/	64.062
	=	3.76 %

BATM Advanced Communications EBIT Related Terms

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

BATM Advanced Communications Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » BATM Advanced Communications Ltd (CHIX:BVCl) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

BVC:Israel BVC.GB:UK BVC:UK BAV:Germany

Address

4 Ha’harash Street, P.O.B. 7318, Nave Ne'eman Industrial Area, Hod Hasharon, ISR, 4524075

Website

https://www.batm.com

BATM Advanced Communications Ltd is an Israel-based technology company. The company organizes its business operations into three divisions: Networking & Cyber Division and Diagnostics Division. Networking and Cyber Division mostly includes the research and development, production, and marketing of data communication products in the field of local and wide area networks and premises management systems. Diagnostics division is mainly engaged in the sale and distribution of in vitro diagnostics (IVD) reagents and instruments, including the development and production of proprietary products. Its geographical segments are the United States of America, Israel, and Europe.

BATM Advanced Communications Headlines

No Headlines