RedFlow (FRA:2RF) EBIT: €-12.49 Mil (TTM As of Dec. 2023)


FRA:2RF RedFlow Ltd FRA:2RF
29 GF Score
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What is RedFlow EBIT?

RedFlow FRA:2RF 29 EBIT is €-12.49 Mil as of Dec. 2023. GuruFocus rates FRA:2RF with a GF Score™ of 29/100.

RedFlow's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2023 was €-7.90 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was €-12.49 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. RedFlow's annualized ROC % for the quarter that ended in Dec. 2023 was -352.04%. RedFlow's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -1,512.54%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. RedFlow's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -125.87%.

RedFlow  (FRA:2RF) EBIT Explanation

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

RedFlow's annualized ROC % for the quarter that ended in Dec. 2023 is calculated as:

ROC % (Q: Dec. 2023 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jun. 2023 ) + Invested Capital (Q: Dec. 2023 ))/ count )
=-17.222 * ( 1 - 0% )/( (4.25 + 5.534)/ 2 )
=-17.222/4.892
=-352.04 %

where

Invested Capital(Q: Jun. 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))
=8.613 - 0.948 - ( 3.415 - max(0, 2.766 - 7.136+3.415))
=4.25

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))
=10.355 - 1.408 - ( 5.952 - max(0, 5.687 - 9.1+5.952))
=5.534

Note: The Operating Income data used here is two times the semi-annual (Dec. 2023) data.

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

RedFlow's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 is calculated as:

ROC (Joel Greenblatt) %(Q: Dec. 2023 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2023  Q: Dec. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-15.806/( ( (1.166 + max(-0.494, 0)) + (0.924 + max(-2.443, 0)) )/ 2 )
=-15.806/( ( 1.166 + 0.924 )/ 2 )
=-15.806/1.045
=-1,512.54 %

where Working Capital is:

Working Capital(Q: Jun. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.034 + 1.695 + 0.438) - (0.948 + 0 + 1.713)
=-0.494

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.702 + 2.022 + 0.424) - (1.408 + 0 + 4.183)
=-2.443

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Dec. 2023) EBIT data.

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2023 )
=-12.494/9.926
=-125.87 %

* 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.

RedFlow EBIT Related Terms

RedFlow EBIT Historical Data

* Premium members only.

The historical data trend for RedFlow'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.

RedFlow EBIT Chart

RedFlow Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only -7.06 -6.10 -6.04 -8.79 -8.44

RedFlow Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 -3.28 -5.35 -3.95 -4.59 -7.90

FRA:2RF vs JFTH, SPEC, VRT: EBIT Comparison

For the Electrical Equipment & Parts subindustry, RedFlow'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.

RedFlow EV-to-EBIT vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, RedFlow's EV-to-EBIT distribution charts can be found below:

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


FRA:2RF
29GF Score
RedFlow Ltd FRA:2RF
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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RedFlow 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 Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was €-12.49 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 €-12.49 Mil mean?
RedFlow (FRA:2RF) has a EBIT of €-12.49 Mil as of Dec. 2023. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on RedFlow.
Is RedFlow's EBIT too high?
RedFlow's current EBIT is €-12.49 Mil. Overall, RedFlow has a GF Score™ of 29/100, reflecting its overall financial health beyond just this single metric.
How does RedFlow's EBIT compare to JFTH and SPEC?
RedFlow's EBIT of €-12.49 Mil can be compared against companies in the Industrial Products 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 an Industrial Products company?
A good EBIT depends on the Industrial Products 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 RedFlow. RedFlow's current EBIT is €-12.49 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is RedFlow stock overvalued right now?
RedFlow (FRA:2RF) has a current EBIT of €-12.49 Mil. The current EBIT is €-12.49 Mil. RedFlow's overall GF Score™ is 29/100. 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 RedFlow (FRA:2RF), the current EBIT is €-12.49 Mil as of Dec. 2023. 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.

RedFlow Business Description

Address 1/27 Counihan Road, Seventeen Mile Rocks, Brisbane, QLD, AUS, 4073
RedFlow Ltd consists of the development, manufacture, and sale of its bromine flowing electrolyte battery module (ZBM). The company's batteries provide sustainable energy storage solutions for various applications, including telecommunications, renewables integration, on and off-grid remote power, microgrids and smart grids, and transmission and distribution deferral. Redflow batteries are designed for high cycle-rate, long time-base stationary energy storage applications in the residential, commercial and industrial, and telecommunications sectors, and are scalable from a single battery installation through to grid-scale deployments.
29GF Score

Get the complete analysis for FRA:2RF

EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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