EVTZF (Evertz Technologies) EBIT : $59.5 Mil (TTM As of Oct. 2024)

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What is Evertz Technologies EBIT?

Evertz Technologies's earnings before interest and taxes (EBIT) for the three months ended in Oct. 2024 was $16.2 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Oct. 2024 was $59.5 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Evertz Technologies's annualized ROC % for the quarter that ended in Oct. 2024 was 18.66%. Evertz Technologies's annualized ROC (Joel Greenblatt) % for the quarter that ended in Oct. 2024 was 55.17%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Evertz Technologies's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Oct. 2024 was 9.29%.

Evertz Technologies EBIT Historical Data

The historical data trend for Evertz 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.

Evertz Technologies EBIT Chart

Evertz Technologies Annual Data

Trend

Apr15

Apr16

Apr17

Apr18

Apr19

Apr20

Apr21

Apr22

Apr23

Apr24

EBIT

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66.77

46.07

79.47

67.88

72.19

Evertz Technologies Quarterly Data
	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24	Apr24	Jul24	Oct24
EBIT	Get a 7-Day Free Trial															22.09	21.78	11.61	9.86	16.23

Competitive Comparison of Evertz Technologies's EBIT

For the Communication Equipment subindustry, Evertz 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.

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

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

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

Evertz 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 Oct. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $59.5 Mil.

Evertz Technologies (OTCPK:EVTZF) EBIT Explanation

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

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

	ROC % (Q: Oct. 2024 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Jul. 2024 )	+	Invested Capital (Q: Oct. 2024 ))	/ count )
=	59.984 * ( 1 - 27.41% )	/	( (225.959	+	240.718)	/ 2 )
=	43.5423856	/	233.3385
=	18.66 %

where

	Invested Capital		(Q: Jul. 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	))
=	350.755	-	58.426	-	( 66.37	-	max(0, 144.482	-	288.65	+	66.37	))
=	225.959

	Invested Capital		(Q: Oct. 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	))
=	327.953	-	42.364	-	( 44.871	-	max(0, 123.004	-	268.242	+	44.871	))
=	240.718

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

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

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

	ROC (Joel Greenblatt) %		(Q: Oct. 2024 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Jul. 2024		Q: Oct. 2024
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	64.924	/	( ( (38.997 + max(69.058, 0))	+	(37.105 + max(90.194, 0)) )	/	2 )
=	64.924	/	( ( 108.055	+	127.299 )	/	2 )
=	64.924	/	117.677
=	55.17 %

where Working Capital is:

	Working Capital		(Q: Jul. 2024 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(46.737	+	154.76	+	8.686)	-	(58.426	+	76.208	+	6.491)
=	69.058

	Working Capital		(Q: Oct. 2024 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(51.5	+	150.177	+	8.0050000000001)	-	(42.364	+	70.624	+	6.5)
=	90.194

When net working capital is negative, 0 is used.

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

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

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

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Oct. 2024 )
	=	59.485	/	640.655
	=	9.29 %

Evertz Technologies EBIT Related Terms

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Evertz Technologies Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Evertz Technologies Ltd (OTCPK:EVTZF) » Definitions » EBIT

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Traded in Other Exchanges

74E:Germany ET:Canada

Address

5292 John Lucas Drive, Burlington, ON, CAN, L7L 5Z9

Website

https://www.evertz.com

Evertz Technologies Ltd is a Canadian provider of telecommunications equipment and technology solutions to the television broadcast and new-media industries. Evertz equipment is used in the production, post-production, broadcast, and transmission of television content. Its solutions are sold to content creators, broadcasters, and service providers looking to support multi-channel digital and high definition television, and next generation Internet Protocol environments. More than half of the firm's revenue is generated in the United States.