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CPSH (CPS Technologies) EBIT : $-2.92 Mil (TTM As of Sep. 2024)


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What is CPS Technologies EBIT?

CPS Technologies's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2024 was $-1.49 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2024 was $-2.92 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. CPS Technologies's annualized ROC % for the quarter that ended in Sep. 2024 was -43.92%. CPS Technologies's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was -79.13%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. CPS Technologies's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was -17.26%.


CPS Technologies EBIT Historical Data

The historical data trend for CPS Technologies'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.

CPS Technologies EBIT Chart

CPS Technologies 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 -0.60 0.91 0.51 2.23 1.70

CPS Technologies Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 0.13 0.14 -0.26 -1.32 -1.49

Competitive Comparison of CPS Technologies's EBIT

For the Electronic Components subindustry, CPS Technologies'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.


CPS Technologies's EV-to-EBIT Distribution in the Hardware Industry

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

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



CPS Technologies 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 Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-2.92 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.


CPS Technologies  (NAS:CPSH) EBIT Explanation

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

CPS Technologies's annualized ROC % for the quarter that ended in Sep. 2024 is calculated as:

ROC % (Q: Sep. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jun. 2024 ) + Invested Capital (Q: Sep. 2024 ))/ count )
=-5.944 * ( 1 - 26.34% )/( (9.763 + 10.175)/ 2 )
=-4.3783504/9.969
=-43.92 %

where

Note: The Operating Income data used here is four times the quarterly (Sep. 2024) data.

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

CPS Technologies's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Sep. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2024  Q: Sep. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-5.944/( ( (2.395 + max(5.227, 0)) + (2.306 + max(5.096, 0)) )/ 2 )
=-5.944/( ( 7.622 + 7.402 )/ 2 )
=-5.944/7.512
=-79.13 %

where Working Capital is:

Working Capital(Q: Jun. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(4.064 + 4.122 + 0.366) - (3.26 + 0.066 + -0.00099999999999989)
=5.227

Working Capital(Q: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(3.655 + 4.433 + 0.506) - (3.338 + 0.16 + -4.4408920985006E-16)
=5.096

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Sep. 2024) EBIT data.

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

CPS Technologies's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2024 )
=-2.917/16.904
=-17.26 %

* 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.


CPS Technologies EBIT Related Terms

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CPS Technologies Business Description

Traded in Other Exchanges
N/A
Address
111 South Worcester Street, Norton, MA, USA, 02766-2102
CPS Technologies Corp provides material solutions to the transportation, automotive, energy, computing/Internet, telecommunications, aerospace, defense, and oil and gas end markets. Its primary material solution is metal matrix composites (MMCs), which are a class of materials consisting of a combination of metal and ceramic. The company designs, manufactures and sells custom MMC components, which manages the performance and reliability of systems in the end markets. It also provides baseplates and housings used in radar, satellite and avionics applications. The company provides lids and heat spreaders used with integrated circuits in Internet switches and routers.
Executives
Griffith Charles Kellogg Jr officer: Chief Financial Officer 111 SOUTH WORCESTER STREET, NORTON MA 02766
Daniel C Snow director 5 LODGE RD., BELMONT MA 02478
Brian T Mackey officer: CEO 792 WEST STREET, C108, MANSFIELD MA 02048
Ralph M Norwood officer: Chief Financial Officer 111 SOUTH WORCESTER STREET, NORTON MA 02766
Peregrine Financial Corp 10 percent owner 222 ROSEWOOD DRIVE, SUITE 530, DANVERS MA 01923
Peregrine Trust Company, Llc 10 percent owner 222 ROSEWOOD DRIVE, SUITE 530, DANVERS MA 01923
Peregrine Holdings Llc 10 percent owner 222 ROSEWOOD DRIVE, SUITE 530, DANVERS MA 01923
Phoenix Venture Partners, Inc. 10 percent owner 222 ROSEWOOD DRIVE, SUITE 530, DANVERS MA 01923
Ard Master Lp 10 percent owner
Grant C Bennett director, 10 percent owner, officer: President & CEO
Thomas M Culligan director 3000 TAFT STREET, HOLLYWOOD FL 33021
Michael E Mccormack officer: Chief Operating Officer 111 SOUTH WORCESTER STREET, NORTON MA 02766
Thomas E Breen officer: SVP, Sales & Marketing 111 SOUTH WORCESTER STREET, NORTON MA 02766
Richard W Adams officer: Senior Vice-President & CTO 111 S. WORCESTER ST., NORTON MA 02766
Charles Darosa officer: Vice-President, Operations 111 S. WORCESTER STREET, NORTON MA 02766