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Daisy Group (FRA:PWH1) EBIT : €-18.7 Mil (TTM As of Sep. 2014)


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What is Daisy Group EBIT?

Daisy Group's earnings before interest and taxes (EBIT) for the six months ended in Sep. 2014 was €-11.0 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2014 was €-18.7 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Daisy Group's annualized ROC % for the quarter that ended in Sep. 2014 was -4.41%. Daisy Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2014 was -170.18%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Daisy Group's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2014 was -3.02%.


Daisy Group EBIT Historical Data

The historical data trend for Daisy Group'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.

Daisy Group EBIT Chart

Daisy Group Annual Data
Trend Dec04 Dec05 Dec06 Dec07 Dec08 Mar10 Mar11 Mar12 Mar13 Mar14
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only -20.94 -19.28 -16.36 -20.22 -21.94

Daisy Group Semi-Annual Data
Dec03 Jun04 Dec04 Jun05 Dec05 Jun06 Dec06 Jun07 Dec07 Jun08 Dec08 Sep10 Mar11 Sep11 Mar12 Sep12 Mar13 Sep13 Mar14 Sep14
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 -13.05 -8.08 -14.04 -7.73 -10.95

Competitive Comparison of Daisy Group's EBIT

For the Telecom Services subindustry, Daisy Group'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.


Daisy Group's EV-to-EBIT Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Daisy Group's EV-to-EBIT distribution charts can be found below:

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



Daisy Group 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. 2014 adds up the semi-annually data reported by the company within the most recent 12 months, which was €-18.7 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.


Daisy Group  (FRA:PWH1) EBIT Explanation

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

Daisy Group's annualized ROC % for the quarter that ended in Sep. 2014 is calculated as:

ROC % (Q: Sep. 2014 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Mar. 2014 ) + Invested Capital (Q: Sep. 2014 ))/ count )
=-20.462 * ( 1 - 19.02% )/( (421.848 + 329.469)/ 2 )
=-16.5701276/375.6585
=-4.41 %

where

Invested Capital(Q: Mar. 2014 )
=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))
=513.796 - 81.061 - ( 52.443 - max(0, 164.999 - 175.886+52.443))
=421.848

Invested Capital(Q: Sep. 2014 )
=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))
=507.242 - 149.341 - ( 46.564 - max(0, 150.049 - 178.481+46.564))
=329.469

Note: The Operating Income data used here is two times the semi-annual (Sep. 2014) data.

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

Daisy Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2014 is calculated as:

ROC (Joel Greenblatt) %(Q: Sep. 2014 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Mar. 2014  Q: Sep. 2014
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-21.908/( ( (12.99 + max(-28.53, 0)) + (12.757 + max(-17.573, 0)) )/ 2 )
=-21.908/( ( 12.99 + 12.757 )/ 2 )
=-21.908/12.8735
=-170.18 %

where Working Capital is:

Working Capital(Q: Mar. 2014 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(28.441 + 6.76 + 88.242) - (81.061 + 0 + 70.912)
=-28.53

Working Capital(Q: Sep. 2014 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 6.94 + 124.977) - (149.341 + 0 + 0.149)
=-17.573

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Sep. 2014) EBIT data.

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2014 )
=-18.688/619.632
=-3.02 %

* 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.


Daisy Group EBIT Related Terms

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Daisy Group (FRA:PWH1) Business Description

Traded in Other Exchanges
N/A
Address
Daisy Group PLC and its subsidiaries provide telecommunication and managed services to UK SME and mid-market businesses. It provides a combined product set including access, hosting, voice, managed services and mobile telephony. The Group's segments comprise Daisy Retail, Daisy Wholesale, and central costs. The Daisy Retail segment engages in the provision of integrated voice and data services to the small medium business market, The Daisy Wholesale segment supplies partners with billing, provisioning and business software solutions in addition to voice, lines and data services. Daisy Distribution provides a full range of mobile handsets and airtime tariffs from O2, Vodafone, Orange and T-Mobile via a dealer network and the Central segment consists of unallocated central activities.

Daisy Group (FRA:PWH1) Headlines

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