7days Music Entertainment AG (FRA:7DM1) EBIT : €-0.88 Mil (TTM As of Dec. 2012)

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What is 7days Music Entertainment AG EBIT?

7days Music Entertainment AG's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2012 was €-0.88 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2012 was €-0.88 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. 7days Music Entertainment AG's annualized ROC % for the quarter that ended in Dec. 2012 was -14.82%. 7days Music Entertainment AG's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2012 was -513.37%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. 7days Music Entertainment AG's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2012 was -717.89%.

7days Music Entertainment AG EBIT Historical Data

The historical data trend for 7days Music Entertainment AG'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.

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7days Music Entertainment AG EBIT Chart

7days Music Entertainment AG Annual Data

Trend

Dec09

Dec10

Dec11

Dec12

EBIT

-0.54

-2.53

-1.27

-0.88

7days Music Entertainment AG Semi-Annual Data
	Dec09	Dec10	Dec11	Dec12
EBIT	-0.54	-2.53	-1.27	-0.88

Competitive Comparison of 7days Music Entertainment AG's EBIT

For the Broadcasting subindustry, 7days Music Entertainment AG'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.

7days Music Entertainment AG's EV-to-EBIT Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, 7days Music Entertainment AG's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where 7days Music Entertainment AG's EV-to-EBIT falls into.

7days Music Entertainment AG 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.

For stock reported annually, GuruFocus uses latest annual data as the TTM data. EBIT for the trailing twelve months (TTM) ended in Dec. 2012 was €-0.88 Mil.

7days Music Entertainment AG (FRA:7DM1) EBIT Explanation

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

7days Music Entertainment AG's annualized ROC % for the quarter that ended in Dec. 2012 is calculated as:

	ROC % (Q: Dec. 2012 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Dec. 2011 )	+	Invested Capital (Q: Dec. 2012 ))	/ count )
=	-0.883 * ( 1 - 0% )	/	( (5.961	+	5.958)	/ 2 )
=	-0.883	/	5.9595
=	-14.82 %

where

	Invested Capital		(Q: Dec. 2011 )
=	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	))
=	6.502	-	0.181	-	( 0.37	-	max(0, 2.28	-	2.64	+	0.37	))
=	5.961

	Invested Capital		(Q: Dec. 2012 )
=	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	))
=	5.626	-	0.123	-	( 0.543	-	max(0, 2.695	-	2.24	+	0.543	))
=	5.958

Note: The Operating Income data used here is one times the annual (Dec. 2012) data.

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

7days Music Entertainment AG's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2012 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Dec. 2012 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Dec. 2011		Q: Dec. 2012
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	-0.883	/	( ( (0.194 + max(-0.0099999999999998, 0))	+	(0.15 + max(-0.998, 0)) )	/	2 )
=	-0.883	/	( ( 0.194	+	0.15 )	/	2 )
=	-0.883	/	0.172
=	-513.37 %

where Working Capital is:

	Working Capital		(Q: Dec. 2011 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0.521	+	0.918	+	0.831)	-	(0.181	+	0	+	2.099)
=	-0.0099999999999998

	Working Capital		(Q: Dec. 2012 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0.495	+	0.288	+	0.914)	-	(0.123	+	0	+	2.572)
=	-0.998

When net working capital is negative, 0 is used.

Note: The EBIT data used here is one times the annual (Dec. 2012) EBIT data.

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

7days Music Entertainment AG's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Dec. 2012 )
	=	-0.883	/	0.123
	=	-717.89 %

7days Music Entertainment AG EBIT Related Terms

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7days Music Entertainment AG (FRA:7DM1) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » 7days Music Entertainment AG (FRA:7DM1) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

http://www.7daysmusic.de

7days Music Entertainment AG is engaged in music and entertainment industry, which includes marketing and sales of music CD, DVD, advertising, artiste management and mobile ring tones.

7days Music Entertainment AG (FRA:7DM1) Headlines

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