Hyflux (FRA:HYF) EBIT: €-679.62 Mil (TTM As of Sep. 2018)


What is Hyflux EBIT?

Hyflux FRA:HYF EBIT is €-679.62 Mil as of Sep. 2018.

Hyflux's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2018 was €-599.84 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2018 was €-679.62 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Hyflux's annualized ROC % for the quarter that ended in Sep. 2018 was -3.51%. Hyflux's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2018 was -682.46%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Hyflux's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2018 was -644.37%.

Hyflux  (FRA:HYF) EBIT Explanation

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

Hyflux's annualized ROC % for the quarter that ended in Sep. 2018 is calculated as:

ROC % (Q: Sep. 2018 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jun. 2018 ) + Invested Capital (Q: Sep. 2018 ))/ count )
=-61.516 * ( 1 - 0.81% )/( (1901.213 + 1573.076)/ 2 )
=-61.0177204/1737.1445
=-3.51 %

where

Invested Capital(Q: Jun. 2018 )
=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))
=2265.184 - 343.114 - ( 20.857 - max(0, 918.919 - 1303.261+20.857))
=1901.213

Invested Capital(Q: Sep. 2018 )
=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))
=1609.117 - 353.252 - ( 20.606 - max(0, 1020.035 - 702.824+20.606))
=1573.076

Note: The Operating Income data used here is four times the quarterly (Sep. 2018) data.

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

Hyflux's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2018 is calculated as:

ROC (Joel Greenblatt) %(Q: Sep. 2018 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2018  Q: Sep. 2018
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-2399.376/( ( (82.035 + max(548.608, 0)) + (72.514 + max(-52.014, 0)) )/ 2 )
=-2399.376/( ( 630.643 + 72.514 )/ 2 )
=-2399.376/351.5785
=-682.46 %

where Working Capital is:

Working Capital(Q: Jun. 2018 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(145.539 + 27.069 + 1076.364) - (343.114 + 0 + 357.25)
=548.608

Working Capital(Q: Sep. 2018 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(114.827 + 28.083 + 507.453) - (353.252 + 0 + 349.125)
=-52.014

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Sep. 2018) EBIT data.

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2018 )
=-679.621/105.470
=-644.37 %

* 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.

Hyflux EBIT Related Terms

Hyflux EBIT Historical Data

* Premium members only.

The historical data trend for Hyflux'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.

Hyflux EBIT Chart

Hyflux Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 45.89 54.20 60.46 125.92 13.41

Hyflux Quarterly Data
Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18
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 7.75 -26.05 9.12 -62.85 -599.84

FRA:HYF vs PICO, CWCO, GWRS: EBIT Comparison

For the Utilities - Regulated Water subindustry, Hyflux'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.

Hyflux EV-to-EBIT vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Hyflux's EV-to-EBIT distribution charts can be found below:

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


Hyflux 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. 2018 adds up the quarterly data reported by the company within the most recent 12 months, which was €-679.62 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 €-679.62 Mil mean?
Hyflux (FRA:HYF) has a EBIT of €-679.62 Mil as of Sep. 2018. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Hyflux.
Is Hyflux's EBIT too high?
Hyflux's current EBIT is €-679.62 Mil.
How does Hyflux's EBIT compare to PICO and CWCO?
Hyflux's EBIT of €-679.62 Mil can be compared against companies in the Utilities - Regulated 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 Utilities - Regulated company?
A good EBIT depends on the Utilities - Regulated 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 Hyflux. Hyflux's current EBIT is €-679.62 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hyflux stock overvalued right now?
Hyflux (FRA:HYF) has a current EBIT of €-679.62 Mil. The current EBIT is €-679.62 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 Hyflux (FRA:HYF), the current EBIT is €-679.62 Mil as of Sep. 2018. 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.

Hyflux Business Description

Address 80 Bendemeer Road, Hyflux Innovation Centre, Singapore, SGP, 339949
Hyflux Ltd is a water treatment specialist providing integrated treatment systems for water treatment and membrane filtration. It also provides one-stop shop service for the design, fabrication, installation, commissioning and maintenance of treatment systems for water purification, wastewater treatment and water recycling. In the specialised field of membrane processing, the company utilises membrane filtration technologies that have found diverse applications across industries such as electronics, pharmaceuticals and biotechnology. Its projects and customers are in Singapore, China and Malaysia.