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Federal Screw Works (Federal Screw Works) EBIT : $-1.92 Mil (TTM As of Dec. 2004)


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What is Federal Screw Works EBIT?

Federal Screw Works's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2004 was $-1.93 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2004 was $-1.92 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Federal Screw Works's annualized ROC % for the quarter that ended in Dec. 2004 was -5.05%. Federal Screw Works's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2004 was -9.74%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Federal Screw Works's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2004 was -19.82%.


Federal Screw Works EBIT Historical Data

The historical data trend for Federal Screw Works'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.

Federal Screw Works EBIT Chart

Federal Screw Works Annual Data
Trend Jun95 Jun96 Jun97 Jun98 Jun99 Jun00 Jun01 Jun02 Jun03 Jun04
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 12.26 6.92 4.69 5.01 1.67

Federal Screw Works Quarterly Data
Mar00 Jun00 Sep00 Dec00 Mar01 Jun01 Sep01 Dec01 Mar02 Jun02 Sep02 Dec02 Mar03 Jun03 Sep03 Dec03 Mar04 Jun04 Sep04 Dec04
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 0.24 0.82 0.61 -1.42 -1.93

Competitive Comparison of Federal Screw Works's EBIT

For the Tools & Accessories subindustry, Federal Screw Works'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.


Federal Screw Works's EV-to-EBIT Distribution in the Industrial Products Industry

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

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



Federal Screw Works 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. 2004 adds up the quarterly data reported by the company within the most recent 12 months, which was $-1.92 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.


Federal Screw Works  (OTCPK:FSCR) EBIT Explanation

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

Federal Screw Works's annualized ROC % for the quarter that ended in Dec. 2004 is calculated as:

ROC % (Q: Dec. 2004 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Sep. 2004 ) + Invested Capital (Q: Dec. 2004 ))/ count )
=-7.7 * ( 1 - 32.97% )/( (101.486 + 102.919)/ 2 )
=-5.16131/102.2025
=-5.05 %

where

Note: The Operating Income data used here is four times the quarterly (Dec. 2004) data.

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

Federal Screw Works's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2004 is calculated as:

ROC (Joel Greenblatt) %(Q: Dec. 2004 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Sep. 2004  Q: Dec. 2004
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-7.7/( ( (53.774 + max(24.517, 0)) + (54.34 + max(25.492, 0)) )/ 2 )
=-7.7/( ( 78.291 + 79.832 )/ 2 )
=-7.7/79.0615
=-9.74 %

where Working Capital is:

Working Capital(Q: Sep. 2004 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(15.172 + 16.005 + 2.532) - (5.277 + 0 + 3.915)
=24.517

Working Capital(Q: Dec. 2004 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(13.461 + 17.233 + 2.914) - (4.334 + 0 + 3.782)
=25.492

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Dec. 2004) EBIT data.

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

Federal Screw Works's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2004 )
=-1.917/9.671
=-19.82 %

* 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.


Federal Screw Works EBIT Related Terms

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Federal Screw Works (Federal Screw Works) Business Description

Traded in Other Exchanges
N/A
Address
34846 Goddard Road, Romulus, MI, USA, 48174
Federal Screw Works operates as the manufacturer and marketer of industrial component parts. The group offers component parts such as locknuts, bolts, piston pins, studs, bushings, shafts, and other machined, cold-formed, hardened, and ground metal parts, which are primarily served by the automobile industry. Its component is used in the products of cold-formed and machined pins and products, close tolerance machined products, engineered nut products, cold-formed tooling, and complex cold-formed products. Geographically all the operations function through the United States.

Federal Screw Works (Federal Screw Works) Headlines

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