ELCO (Elcom International) EBIT: $-2.69 Mil (TTM As of Jun. 2008)


What is Elcom International EBIT?

Elcom International ELCO EBIT is $-2.69 Mil as of Jun. 2008.

Elcom International's earnings before interest and taxes (EBIT) for the three months ended in Jun. 2008 was $-0.32 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2008 was $-2.69 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Elcom International's annualized ROC % for the quarter that ended in Jun. 2008 was -21.71%. Elcom International's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2008 was -239.70%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Elcom International's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2008 was -12.74%.

Elcom International  (OTCPK:ELCO) EBIT Explanation

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

Elcom International's annualized ROC % for the quarter that ended in Jun. 2008 is calculated as:

ROC % (Q: Jun. 2008 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Mar. 2008 ) + Invested Capital (Q: Jun. 2008 ))/ count )
=-0.684 * ( 1 - 0% )/( (3.058 + 3.242)/ 2 )
=-0.684/3.15
=-21.71 %

where

Invested Capital(Q: Mar. 2008 )
=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))
=3.071 - 2.211 - ( 1.314 - max(0, 4.677 - 2.479+1.314))
=3.058

Invested Capital(Q: Jun. 2008 )
=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))
=3.054 - 2.089 - ( 1.578 - max(0, 4.837 - 2.56+1.578))
=3.242

Note: The Operating Income data used here is four times the quarterly (Jun. 2008) data.

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

Elcom International's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2008 is calculated as:

ROC (Joel Greenblatt) %(Q: Jun. 2008 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Mar. 2008  Q: Jun. 2008
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-1.268/( ( (0.578 + max(-2.151, 0)) + (0.48 + max(-1.91, 0)) )/ 2 )
=-1.268/( ( 0.578 + 0.48 )/ 2 )
=-1.268/0.529
=-239.70 %

where Working Capital is:

Working Capital(Q: Mar. 2008 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.693 + 0 + 0.472) - (2.211 + 1.075 + 0.029999999999999)
=-2.151

Working Capital(Q: Jun. 2008 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.539 + 0 + 0.443) - (2.089 + 0.773 + 0.03)
=-1.91

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Jun. 2008) EBIT data.

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

Elcom International's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jun. 2008 )
=-2.692/21.125
=-12.74 %

* 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.

Elcom International EBIT Related Terms

Elcom International EBIT Historical Data

* Premium members only.

The historical data trend for Elcom International'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.

Elcom International EBIT Chart

Elcom International Annual Data
Trend Dec98 Dec99 Dec00 Dec01 Dec02 Dec03 Dec04 Dec05 Dec06 Dec07
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only -5.69 -3.01 -4.24 -6.76 -3.72

Elcom International Quarterly Data
Sep03 Dec03 Mar04 Jun04 Sep04 Dec04 Mar05 Jun05 Sep05 Dec05 Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08
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 -0.63 -0.65 -0.81 -0.92 -0.32

ELCO vs BVSN, CLCI, DUOT: EBIT Comparison

For the Software - Application subindustry, Elcom International'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.

Elcom International EV-to-EBIT vs Software Industry

For the Software industry and Technology sector, Elcom International's EV-to-EBIT distribution charts can be found below:

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


Elcom International 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. 2008 adds up the quarterly data reported by the company within the most recent 12 months, which was $-2.69 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.

Frequently Asked Questions Learn more about EBIT →
What does a EBIT of $-2.69 Mil mean?
Elcom International (ELCO) has a EBIT of $-2.69 Mil as of Jun. 2008. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Elcom International.
Is Elcom International's EBIT too high?
Elcom International's current EBIT is $-2.69 Mil.
How does Elcom International's EBIT compare to BVSN and CLCI?
Elcom International's EBIT of $-2.69 Mil can be compared against companies in the Software 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 Software company?
A good EBIT depends on the Software 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 Elcom International. Elcom International's current EBIT is $-2.69 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Elcom International stock overvalued right now?
Elcom International (ELCO) has a current EBIT of $-2.69 Mil. The current EBIT is $-2.69 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 Elcom International (ELCO), the current EBIT is $-2.69 Mil as of Jun. 2008. 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.

Elcom International Business Description

Address 300 Granite Street, Suite 412, Braintree, MA, USA, 02184
Elcom International Inc develops and licenses proprietary software systems that enable users to buy and sell merchandise through computer networks. The company's Personal Electronic Commerce Online System is software that enables clients to automate procurement functions, such as pricing, invoicing, and payment. In addition, users can create electronic marketplaces to conduct online transactions with both suppliers and distributors. PECOS is offered as both licensed software and as a hosted application.